List of Top Venture Capital Investments in Fintech Startups

List of Top Venture Capital Investments in Fintech Startups

The global fintech market was worth $127.66 billion in 2018 and the annual growth rate was predicted of ~25% until 2022 which makes it a $309.98 billion market. The fintech space has a lot of potential to disrupt other leading industries and hence you will see a lot of startups in this space in the last decade. Fintech startups are attracting a lot of venture capitalists because of its potential to grow at a rapid pace. In this article, we are going to talk about venture capital investment in fintech startups.

What is an example of FinTech?

Machines to simplify human work

Fintech is a combination of two words  – finance and technology. Broadly, it can be divided into six categories. Below are the categories with some examples:

  • Crowdfunding platforms – Kickstarter and Patreon
  • Blockchain and Cryptocurrency – BlockVerify
  • Mobile Payment – Paytm and Apple Pay
  • Insurance -Oscar Health
  • Robo-Advising and Stock-Trading Apps – Robinhood and Acorns
  • Budgeting Apps – Intuit

Who is a VC (Venture Capital) investor?

A venture capitalist is an equity investor that provides money to companies exhibiting high growth potential in exchange for an equity stake. They invest in companies that are yet to generate profits and are at risk but this ensures they earn a massive return on their investment if the company becomes profitable.

Also, Venture Capital investors assist companies by connecting them with influential people, providing useful advice, and helping them effectively establish internal processes.

Where are most of the fintech investors – geographically?

In the Global Picture, most of the Investors are based in the United States and the United Kingdom. However, the EMEA Region (Europe, Middle East, and North Africa), Switzerland, Germany, and Sweden also have substantial investment from Fintech Investors. In the APAC Region (Asia Pacific), Singapore attracts most of the Fintech Investors.

Top Fintech VC (Venture Capital) investors

Cota Capital

Cota Capital was founded in the year 2014 by Babak Poushanchi and Bobby Yazdani, making it relatively young in comparison to other American FinTech Venture Capital firms. They have already got attention from many in their short journey by taking a distinctly new approach to technology funding. They are a multi-stage investment firm, meaning they deal with startups at all fundraising stages, from seed to C round.

Cota Capital funds startups that work with:

  • Cloud computing
  • Big data
  • Blockchain
  • International payments

Cota Capital has invested in a lot of startups, including Boomtrain, Cloud Lending, Addepar, Bossanova, Seed, and Zeta.

Fintech Collective

In 2012 Gareth Jones founded the FinTech Collective with an ambition to create the future of financial services. They support companies that have a hunger to reimagine the way money flows in the world. They have invested in over 30 successful startups. They prefer to invest early, often as the first institutional investor. Its goal is to bring clarity to advanced trading and increase the prospects for the monetary field.

FinTech Collective funds startups that concentrate on:

  • Capital trading
  • Wealth and asset management
  • Banking, lending, and payments
  • Insurance
  • Alternative lending
  • Bitcoin
  • Wealth management
  • Blockchain
  • Cyber investments

FinTech Collective has helped startups such as MoneyLion, Embroker, Anyfin, and Contabilizei.

Foundation Capital

Foundation Capital was founded in 1995 and has funded more than 50 financial startups. Its approach is to assist ambitious startups with short-term prospects. Foundation Capital usually engages with startups at the seed stage. They are interested in startups that concentrate on:

  • Financial management solutions
  • Alternative lending
  • Payments
  • Transaction monitoring

Foundation Capital has helped Nextview, Camber Creek, Blockstack, Branch, Lerer Hippeau, and many other startups to succeed.

Luge Capital

Luge Capital was started by David Nault in 2018. They aim to inspire modern startups to create best-of-breed financial services. Luge Capital focuses on early-stage fintech teams, shaping the way the world experiences financial services. They are located in Toronto, Ontario, and Montreal, Québec.

Luge Capital funds startups that concentrate on:

  • Data privacy
  • Insurance Tech
  • Lending algorithms
  • Robo-advisors
  • Next-gen payments
  • Blockchain
  • Trading services
  • Wealth management tools

They have invested in Flinks, Finaeo, Flare Systems, Aya Payments, and many more. 


Speedinvest is an Austrian Venture Capital firm that started in 2011. They work with first-time technical startups mostly at the early fundraising stages. The firm is interested in projects which are connected with the FinTech industry and all its branches. The Speedinvest Fintech team views the fintech space broadly and invests in technology-enabled products addressing finance, core finance,  and platform, data & infrastructure for new financial products and embedded finance.

They consider the size of investment appropriate for a particular startup and take into account factors as future prospects, product demand, and the size of stakes the startup is ready to give.

Speedinvest funds startups that concentrate on:

  • Data, infrastructure, and security
  • Payments
  • Asset management and capital trading
  • Personal finance
  • Alternative lending
  • Insurance
  • Financial administrative solutions

Some Fintech startups they invested in are Wefox, Bitpanda, Billie, TaxScouts, etc.

NFT Ventures

It was started in Stockholm in 2014 and it aims to capture the opportunity in the transformation of banking and financial services. They look for entrepreneurs who drive the fintech disruption. It has already funded more than 46 startups in the Nordic region and the UK and has grown lots of technology projects. It supports startups in the seed phase. They look for established startups with strong, scalable concepts and dedicated teams.

NFT Ventures funds startups that concentrate on:

  • Payments
  • Lending
  • Personal finances
  • Insurance

Startups in which they have invested are Betalo, Mondido, Leasify, Nordkap, and many more.

Anthemis Group

It is a venture investment platform founded in 2010 and follows three main principles – virtuous cycle outcomes, authentic collaboration, and diversity, equity, and inclusion. Anthemis was founded by Sean Park and Amy Nauiokas and is located in London, England.

This Group specializes in direct and secondary direct fundings in startups aimed at the financial sphere. They pour money in various stages of startups – early-stage as well as late-stage ventures.

Anthemis Group funds startups that concentrate on:

  • Retail banking
  • Consumer finance
  • Business and corporate banking
  • Payments
  • Wealth and asset management
  • International payments
  • Data trading
  • Capital markets and trading
  • Security and risk management

They have invested in startups like Abaka, Azimo, Blueleaf, Carta, and many more.

National Crowdfunding & Fintech Association (NCFA)

The NCFA is a FinTech investment firm that offers networking and funding opportunities as well as services to lots of communities. It was founded in 2012 by Craig Asano in Toronto.  So far, NCFA has invested in 270 Canadian startups at the seed round and the VC firm says many are in pipeline.

The National Crowdfunding and Fintech Association usually fund startups that work on:

  • Alternative finance
  • Crowdfunding
  • Peer-to-peer finance
  • Payments
  • Cyber investments and tokens
  • Blockchain and Bitcoin
  • Regulatory technologies
  • Insurance

Are Fintech companies profitable?

Most fintech startups are not profitable however some established player Paypal and WorldRemit are profitable. Many of them are listed on stock exchanges across the globe and still climbing new heights every quarter.

What are the best Fintech stocks?

If you are confident about the future of the fintech industry, you must be looking to invest in fintech stocks. The top fintech stocks you can invest in are:

Square – They provide products that help merchants to accept credit cards using their mobile phones into a large-scale small-business and individual financial ecosystem. The process card payments at an annualized rate of over $100 billion. They have some exciting new businesses like Cash App which now has 24 million monthly active users. The company has a market cap of $56 billion.

PayPal Holdings – PayPal Holdings is the undisputed leader in online payments. It has over 325 million active accounts. The market cap of the company is $217 billion.

GreenDot – It is one of the oldest fintech companies in the market, best known for pioneering the prepaid debit card two decades ago. Green Dot lets companies offer banking products without having to become banks themselves. They have a market cap of $3 billion.

Who uses FinTech?

FinTech is used both by consumers and well as businesses.

B2B – Earlier businesses would go to banks to get loans but with the emergence of fintech businesses can easily get financing, loans, and other financial services through mobile technology.

B2C – Fintech companies like Paypal customers to transfer money via the internet or mobile technology and also help them manage their finances and expenses.

What are the Fintech companies in India?

India is the world’s second-biggest fintech hub with 2,565 startups operating currently. India’s largest share from fintech startups is through ‘payments’ and is followed by lending, insurtech, wealth tech, personal finance, regtech, and others. Here are some of the popular fintech in India:

  • Paytm
  • PolicyBazaar
  • Razorpay
  • MobiKwik
  • Zest Money
  • LendingKart
  • Pine Labs
  • Money Tap
  • Financial Software Systems (FSS)
  • Shiksha Finance
  • Rubique
  • Capital Float
  • Amigobullls
  • KredX
  • Credit Mantri

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