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Draft:Ribbit Capital

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Ribbit Capital
Company typeVenture capital firm
IndustryFinancial technology
Founded2012
FounderMeyer "Micky" Malka
Headquarters,
Key people
Meyer "Micky" Malka (Founder and Managing Partner)
Websiteribbitcap.com

Ribbit Capital is a venture capital firm based in Palo Alto, California, specializing in financial technology (fintech) investments. Founded in 2012 by Meyer "Micky" Malka, the firm has invested in numerous prominent fintech companies and has raised multiple funds.[1]

History

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Ribbit Capital was established in 2012 by Meyer "Micky" Malka, an entrepreneur with previous experience in financial services.[2] The firm has raised several funds since its inception, including a fifth fund of $750 million in January 2020.[1]

Investment focus

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Ribbit Capital primarily invests in financial technology companies at various stages of development. Their investments span several areas within fintech, including:[1]

Notable investments

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Ribbit Capital has invested in several fintech companies that have gained prominence:

  • Robinhood: A stock trading platform that went public in 2021.[3]
  • Coinbase: A cryptocurrency exchange that became publicly traded in 2021.[4]
  • Credit Karma: A personal finance company acquired by Intuit in 2020.[5]
  • Nubank: A Brazilian digital bank that went public in 2021.[6]

See also

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References

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  1. ^ a b c "Fintech investor Ribbit Capital raises $750 million for its fifth fund". Reuters. 2020-01-20. Retrieved 2024-08-30.
  2. ^ "Fintech investor Ribbit Capital raises $750 million for its fifth fund". Reuters. 2020-01-20. Retrieved 2024-08-30.
  3. ^ "Robinhood Markets, Inc. Form S-1". U.S. Securities and Exchange Commission. 2021-07-01. Retrieved 2024-08-30.
  4. ^ "Coinbase Global, Inc. Form S-1". U.S. Securities and Exchange Commission. 2021-02-25. Retrieved 2024-08-30.
  5. ^ "Intuit Completes Acquisition of Credit Karma". Intuit Investor Relations. 2020-12-03. Retrieved 2024-08-30.
  6. ^ "Nu Holdings Ltd. Form F-1". U.S. Securities and Exchange Commission. 2021-11-01. Retrieved 2024-08-30.