Arts impresario David Mirvish jumps into fintech with investment in small-business lender FundThrough
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Arts impresario David Mirvish is making a significant investment in financial technology firm FundThrough, the modern-day equivalent of the small-business lenders that helped him and his entrepreneur father start their own successful companies years ago.
With a $3.2-million investment, Mr. Mirvish is the largest equity investor in the $34-million Series A financing, which includes $9-million in equity and a $25-million credit facility. The move is Mr. Mirvish’s first direct investment in a fintech company and a departure from his regular investments in theatre, art and real estate.