Ribbit Capital, a venture capital firm primarily known for fintech investments, recently raised $1.15 in new capital as it sets to close its seventh fund, more than double what the company raised for its sixth fund ($420M). The firm initially set out to raise $750M in capital in March 2021. Ribbit Capital has previously invested in fintech companies Coinbase, NuBank, Affirm, and Robinhood.
Fintech-focused Ribbit Capital raises $1.15B in seventh fund, according to SEC filing