Ribbit Capital

About

Ribbit Capital is a venture capital firm primarily focused on investing in fintech startups. The firm is known for backing innovative companies within the financial services industry, especially those using technology to improve or disrupt traditional finance. It has been involved in numerous successful investments in this space.

Investment Focus

Ribbit Capital focuses on fintech companies, investing in businesses that aim to transform traditional financial services. Their investments span areas like digital banking, payments, lending, insurance, and more. The firm supports early and growth-stage companies that leverage technology to innovate financial systems.

Fund

Ribbit Capital is currently raising a $500M fund to continue supporting fintech startups. This latest fund aims to further enhance its investment in emerging technologies and startups within the fintech sector.

Other Information

Investment Strategy

Ribbit Capital employs a hands-on investment strategy, providing not just capital, but also valuable resources like strategic guidance and industry connections. The firm is known for working closely with portfolio companies to scale their operations and enhance their market position.

Notable Investments

Some of Ribbit Capital's notable investments include:

  • Robinhood (commission-free stock trading platform)
  • Credit Karma (credit score and financial services platform)
  • Chime (neobank offering digital banking services)
  • Affirm (buy-now-pay-later fintech company)

Notable Exits

Ribbit Capital has had several successful exits, including:

  • Credit Karma's acquisition by Intuit
  • Chime's continued growth and potential future IPO
  • Robinhood's IPO