Top 5 Fintech Venture Capitalists Driving Major Investments in the Sector

Top 5 Fintech Venture Capitalists Driving Major Investments in the Sector

Global investment in fintech startups is witnessing a resurgence, as highlighted in KPMG’s recent Pulse of Fintech report for the second half of 2024. The data reveals that investment surged to $25.9 billion in the fourth quarter, up from $18 billion in the previous quarter. While this growth may not mirror the fervor of previous years, particularly the peak in 2021, venture capitalists continue to show strong interest in the fintech sector.

Top Venture Capitalists Investing in Fintech

Here’s a closer look at some of the prominent venture capitalists who remain optimistic about the fintech landscape:

Infinity Ventures

About the VC: Founded by Jeremy Jonker, Jay Ganatra, and Mario Ruiz, Infinity Ventures is a three-year-old early-stage venture firm focused on global fintech investments. The firm transitioned from PayPal Ventures in May 2021 and has since raised significant funds.

  • First Fund: Closed $158 million in October 2021
  • Fund II: Raised $184 million in October 2024
  • Total Assets: Over $350 million

Average Check Size: $1-2 million (pre-seed), $2-4 million (seed), and $5-10 million (Series A).

Notable Investments: SimpleClosure, Rainforest, Pagos, Mendel.

Better Tomorrow Ventures

About the VC: Established in 2019 by Jake Gibson and Sheel Mohnot, Better Tomorrow Ventures specializes in leading rounds for pre-seed and seed-stage fintech companies worldwide.

  • Total Assets: $225 million
  • Average Check Size: Between $500,000 and $4 million

Notable Investments: Unit, Relay, Coast, Mendel, Charlie.

Most Recent Major Investment: Basis (BTV led seed, Khosla led A).

The Fintech Fund

About the VC: Founded in 2022 by Nik Milanović, The Fintech Fund invests in global fintech startups at the pre-seed and seed stages.

  • Latest Fund: Closed its second $10 million fund in September
  • Average Check Size: Ranges from $200,000 to $400,000
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Notable Investments: Rainforest, Unit, Cascading AI, Ansa.

Most Recent Major Investment: WiseLayer.

TTV Capital

About the VC: Based in Atlanta, TTV Capital focuses on early-stage companies in traditional fintech and fintech-enabled businesses, managing over $750 million in assets.

  • Average Check Size: Between $2 million and $8 million
  • Major Investments: Green Dot, Bill.com, Greenlight

Most Recent Major Investments: Charlie, Payabli.

QED Investors

About the VC: QED Investors has been a key player in fintech investment for over a decade, currently managing $4 billion in assets.

  • Recent Fundraising: Raised $925 million across two funds in 2023
  • Average Check Size: $15 million to $20 million

Major Investments: Credit Karma, Creditas, Nubank, SoFi.

Most Recent Major Investments: Kin Insurance, One Card, Moniepoint.

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