Fintech startup Vise raises $65 million in Series C led by Ribbit Capital
Summary
Vise today announced a $65 million Series C financing round led by Ribbit Capital, with participation from existing investors, including Sequoia. The goal, co-founder and CEO Samir Vasavada has told me in the past, is to give indie financial advisors the time and energy to cultivate their client relationships, rather than doing the hard math of building out portfolios. Since raising the companys Series B, assets under management have ballooned 4x to $250 million and client accounts have more than doubled, says Vise. Vise has been scaling its tech, team and the clientele for the past couple of years, but that hit a new gear upon the appointment of Andrew Fong as CTO. The companys round fits inside the generally bullish market for fintech investments that TechCrunch has observed globally.