Yolo Investments enters gaming

Yolo Investments, a financial vessel set up by Tim Heath last year, is running a new fintech sub-fund that will focus on gaming and technology.

The fund will explore A-stage and seed-investment opportunities with some of the previous investments already targeting companies such as OneTouch and Green Jade Games, as well as Bombay Club.

Heath, who is now the former CEO of the Coingaming Group, has chosen to step away from the gambling operator and refocus his efforts on Yolo Investments as a licensed venture capital vessel.

Yolo Investments has already had a successful round with Estonia's Coolbet, which was bought out by GAN Limited in December. Since Yolo Investments took over Vereeni Investments, on which the present investment vessel is built, Heath is confident that his company will be able to continue to develop a successful business model.

“We have already assembled a diverse portfolio of high-growth companies across gaming and fintech and are now looking to build specialized sub-funds to specifically focus on these verticals”, he said.

The priority moving forward is to find disruptive businesses to invest in as the company already has $200m in AUM and is prepared to back promising fintech and gaming startups and companies.

Bitcasino.io has been Coingaming Group's flagship leading operator. It became a market leader thanks to Heath who is now in charge of Yolo Investments.

Looking for your next crypto casino? Check out: Mega Dice or FortuneJack

Written by Barney


Barney is co-founder of CryptoGamblingNews.com. When not at work he can usually be found behind a Nikon. He's won numerous international competitions for his photography and volunteers as a content creator for aid organisations in Africa.

Similar News