Flixbus CEO and future N26 CFO take stake in Spac

Lisa Marie Münster Lisa Marie Münster | 11.05.2021

Spac follows Spac. The next shell company is now being launched on the Amsterdam stock exchange. Some of the big names from the German start-up scene are also involved.

On Friday, Spac Hedosophia European Growth goes public on the Amsterdam stock exchange, headed by British investor Ian Osborne. Alongside him, however, are German names: Jochen Engert, head of Flixbus, for example, has a stake in Spac. Jan Kemper, the former head of finance at Prosiebensat.1, is also involved. Currently, Kemper works for the start-up Omio. From the middle of the year, however, he will become the new CFO of N26.

Spac Hedosophia European Growth is looking to raise €460 million to find a suitable company to buy out within two years.

Investor Osborne holds the one-billion-dollar Hedosophia fund, which he founded in 2012. Its focus is on investments after Series B funding rounds; in Germany, it has stakes in N26, fintech Billie and interest-rate platform Raisin. According to Finance Forward

, Hedosophia's portfolio includes at least seven unicorns worldwide.

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