![]() ![]() Keep up with all the latest FinTech news here. Last year, British Patient Capital revealed it will commit €25m to Finch Capital’s Europe Fund III, a dedicated FinTech fund. Sean Banks, partner at TTV Capital, added, “Founders often tell us that our relationships, connections, and deep industry knowledge are most helpful to them as they grow their businesses.” And now, as we look ahead, we’re still committed to finding the next class of enduring businesses that will shape the future of finance.” We saw the digital transformation that was happening and we knew we wanted to be part of it. Back then, we didn’t call it ‘fintech’ – we just started investing in applications that were being built on the internet. Twenty-three years ago, we took an early bet on how the technology behind financial services would evolve. Gardiner Garrard, co-founder and managing partner at TTV Capital, said, “Fund VI represents an inflection point for all of us at TTV Capital. The firm has led early investments in multiple category-creators, including, Shopkeep, Green Dot, SmartAsset, and others. To date, TTV Capital counts more than 100 financial technology companies in its portfolio, and seven of those have reached unicorn status. The firm also has an exploratory fund for investments starting at $250,000. In 2022 alone, TTV Capital made 18 investments in early-stage FinTech companies across payments, banking, investing, cybersecurity, Web3, and embedded finance, with an average initial check size of $2m to $7m. Fund VI includes both new and existing limited partners comprising institutional and strategic investors, as well as family offices. Their focus is on software and Internet investments across categories spanning emerging media and advertising, gaming, education, fintech, cloud computing. The firm is currently investing out of a 225MM fund, its third since launch. TTV Capital said the round saw “overwhelming interest” and was oversubscribed by $100m. FirstMark Capital is a New York-based early stage technology-focused venture capital firm. The fundraise, which originally targeted $150m, is the largest since the firm was founded two decades ago. TTV Capital, an early-stage FinTech venture capital firm, has closed its sixth fund at $250m to invest in early-stage FinTech companies. ![]()
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