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Information Venture Partners Adds Three As Fintech Funding Demand Increases

Toronto-based Information Venture Partners, an early-stage B2B financial technology and enterprise software investor, had added three new hires.

Peter Carrescia, a Venture Partner, will work directly with the senior leadership teams of the firm's portfolio companies on special projects. Carrescia has over 25 years of experience as both a technology executive and a venture capitalist, and has been involved in high growth companies as both an investor and operator. He previously served as Senior Vice President of Strategy and Corporate Development at Wave Financial. Prior to Wave, Peter was the president of NEXT Canada, a national accelerator focused on fast-tracking the development of Canada’s most talented young innovators and founders.

Sara Defina has joined IVP as Director of Finance. Defina has previously worked at SurePath Capital Partners and KPMG. Hasan Basrai has joined IVP as an Associate, where he will join the investment team to help execute new investments and provide support to the existing existing portfolio.

“We are delighted to welcome Hasan, Sara and Peter to our team, who collectively bring decades of experience in B2B fintech, enterprise SaaS and start-up through scale operating experience,” said Dave Unsworth, Co-Founder and General Partner at Information Venture Partners. “As we continue to invest in the next generation of B2B fintech leaders, these new additions to our team will help us provide superior value to our portfolio companies during a time of uncertainty amid the pandemic.” 

In addition to these hires, Alex Tong has been promoted to Principal at Information Venture Partners, after joining the company as an Associate in 2016.

“We’re thrilled to share the promotion of Alex to Principal as he continues to serve in a key role on the investment team,” added Rob Antoniades, Co-Founder and General Partner at Information Venture Partners. “Over the last four years Alex has demonstrated a proven ability to source new investments, build strong relationships with our portfolio company founders and provide effective strategic guidance as their businesses grow and scale.”

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