Balderton Capital portfolio company alphyra Holdings Ltd, a consumer payments and cash distribution company, is to merge with AIM-listed Cardpoint Plc. The merged entity, named Payzone, will be domiciled in Ireland and listed on AIM.
Anna Morrison joins from IFM Investors, where she managed the firm's fund-of-funds programme
Fund's predecessor, Isomer Capital Fund, closed on €150m in February 2016
Funding will be used to hire more staff, support product development and meet customer demand
True Core VII provides seed and early-stage capital, while True Select IV provides follow-on capital