Flixbus boss and future N26 CFO take a stake in Spac
Spac follows Spac. The next shell company is now being launched on the Amsterdam Stock Exchange. Big names from the German start-up scene are also involved.
On Friday, Spac Hedosophia European Growth goes public on the Amsterdam Stock Exchange, with British investor Ian Osborne as its CEO. However, he is joined by German names: Jochen Engert, head of Flixbus, has a stake in Spac. Jan Kemper, the former CFO of Prosiebensat.1, is also involved. Kemper currently works for the start-up Omio. From the middle of the year, however, he will become the new CFO of N26.
The Hedosophia European Growth fund aims to raise 460 million euros in order to find a suitable company to acquire within two years.
Investor Osborne owns the one-billion-euro Hedosophia fund, which he founded in 2012. His focus is on investments following the Series B financing round; in Germany, he holds stakes in N26, the fintech Billie and the interest platform Raisin. According to Finance Forward Hedosophia's portfolio includes at least seven unicorns worldwide.
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