13 Books Capital It has announced the closure of a £121m fund to drive the next wave of fintech. The fund has 13 books in progress. Capital A commitment to backing visionary founders who are reimagining the future of financial services.
up to now, The team has invested in 19 fintech companies, including Roadzen, Hepster, Coincover, Runa, Billhop, Thirdfort, Duco, nCino, Fenergo and ErisX, and has a track record of successful investments. The founders are Company's A network of 34 world-class founders and industry leaders, including Limited Partners (LPs), who offer unparalleled entrepreneurial experience, connections and expertise.
The new fund of £121m will enable 13books Capital to continue backing the brightest and most daring founders. building tomorrow's Financial Technology. Investments are primarily made at the Seed to Series A stage, with investment amounts ranging from £1m to £7m.
The fund is already off to a strong start. Investment We have invested in five promising portfolio companies in the past six months, including Series A investments in Aria, an API-enabled embedded invoicing platform, and Ramify, a digital asset management platform.Both It has the potential to become a category leader European The future of digital financial services.
The company welcomed two new institutional LPs, British Patient Capital and KfW Germany, joining Isomer Capital and IPGL. Fund Limited Partner Advisory Committee (LPAC).
Michael McFadgen, Partner at 13books Capital, said:
““It is clear that European fintech entrepreneurs want a sector-focused, founder-focused venture platform with a meaningful and influential network across the industry. We believe that European fintech is entering a golden age, we thank our LPs and founders for their trust, and we look forward to supporting the next generation of pioneering fintech entrepreneurs.”“
Lead image: 13book Capital. Photo: Uncredited.
