Fineqia International Inc. (the "Company" or "Fineqia") (CSE: FNQ) (OTC: FNQQF) (Frankfurt: FNQA) announces the closing of its non-brokered private placement ("Offering") via its fourth and final tranche. The Company issued 482,460,590 units (the "Units") to raise gross proceeds of $4,824,605.90 in total in the private placement, along with a conversion of debt of $506,975 and payment of finder's fees worth $19,177.20.  

Fineqia announces that the value of its investment in the IDEO CoLab Distributed Web Offshore Fund 1 LP ("Fund") has risen to 7x the investment value.