Ribbit Capital

Ribbit Capital

Ribbit Capital is a global venture capital firm focused on fintech (financial technology). It was founded in 2012 and is located in Palo Alto, California.

History

The firm was founded by Meyer Malka and focuses on technology companies involved in lending, payments, insurance, accounting, tax preparation and personal financial management. Malka states that Ribbit Capital invests in already established companies. It generally invests between $2 million and $15 million in early stage financial start ups. The firm has invested mostly in companies headquartered in the United States, Latin America, and Europe.

Investments

The firm has invested directly in Bitcoin. In addition to direct investments in Bitcoin, Ribbit has financed five Bitcoin companies. Other notable investments include Robinhood, Battery Ventures, Cross River Bank, Lending Home, and Root.In 2018, United Kingdom-based unicorn start-up Revolut raised $1.7 billion with investment contributions from venture capital firms including Ribbit.

Ribbit Capital has raised five funds as of 2019. There was a $100 million fund in 2013, a $125 million fund in 2014 and a $226 million fund in 2015, a $300 million fund in 2017, and a $420 million fund in 2018.

Timeline

Funded Companies

Company
Description
Website
Industry
Location

Robinhood is a Palo Alto, California-based financial technology company founded in 2013. They offer free stock and equity trading and commission-free crytpo-trading.

GuiaBolso is a personal finance platform automatically aggregating people's financial information who also offer credit and investment products.

Vouch is an insurance company for startups.

Groww is a financial services company founded by Lalit Keshre.

Figure is a San Francisco-based company that uses blockchain technology to provide home equity loans online.

Also known as Viva Republica, Toss provides a peer-to-peer mobile payments platform in Korea.

Digit is a San Francisco-based financial services company.

Credit Karma is apersonal finance company providing finances and credit information to improve its members financial standing.

As a hub between lenders and capital markets, dv01 provides one source of transparent data for bonds and whole loans.

Xapo is a Zürich-based company.

A company offering a members-only mobile application that rewards users for paying off their credit cards.

UPGRADED is a sport company founded by Sandy Khaund.

Jetty is a New York-based insurance company.

30 Results
Page 1 of 2
Results per page:
Powered by Golden Research Engine

Associated investment funds

Investment Fund
Total offering (USD)
Total sold (USD)
Location
Date signed
18 Results
Page 1 of 1
Results per page:
Powered by Golden Research Engine

People

Name
Role
LinkedIn

Antonio Bravo Acín

Investor

Cary Cole

Investor

Jay Reinemann

Investor

Kyle Matson

Employee

Meyer Malka

Founder

Nick Shalek

Partner

Nikolay Kostov

Partner

Shan M

Investor

Further reading

Title
Author
Link
Type
Date

Fintech Investor Ribbit Capital Sets $420 Million Goal for Its Latest Fund

Ana Alexandre

Web

September 13, 2018

Robinhood Raises $323 Million From DST, Sequoia, and Ribbit Capital

Daniel Kuhn

Web

July 22, 2019

Documentaries, videos and podcasts

Title
Date
Link

Interview with Nick Shalek of Ribbit Capital and Dan Romero of Coinbase - IIF Spring Membership Meet

June 6, 2014

Micky Malka of Ribbit Capital @ CoinSummit

Companies

Company
CEO
Location
Products/Services

References

Golden logo
Text is available under the Creative Commons Attribution-ShareAlike 4.0; additional terms apply. By using this site, you agree to our Terms & Conditions.