Ribbit Capital Launches $220m Fintech VC Fund

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Summary

According to a document filed with the SEC, Palo Alto, California-based venture capital firm Ribbit Capital has launched a new $220m fund.This is the third fund for Ribbit, a thematic firm focused exclusively on fintech startups trying to improve the payments, insurance, personal financial management, and accounting world.Led by Meyer “Micky” Malka, it has already invested in category defining companies like Coinbase, Can Capital, Credit Karma, ContAzul, WealthFront, Xapo, and Funding Circle.The team also includes Nick Shalek and Nikolay Kostov.FinSMEs 26/03/2015

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