Last week (16 February), Art Money announced that Christie’s auction house has made an equity investment in the Australian-owned platform, via its new enterprise, Christie’s Ventures.
Christie’s Ventures, which kicked off in July last year, is a venture capital arm of the global auction giant. Art Money is among its first fintech investments. Clearly, a coup for the Australian art business – which allows collectors to pay for artworks via interest-free instalments, while living with them – it is also a global signal of market confidence.