Finch Capital has raised €150mn for its third FinTech venture fund.
In Brief:
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Finch Capital has made 40 investments across Europe and Asia since 2013.
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These include FinTechs like Zopa, BUX and Twisto.
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This fund will invest at Series A and B, acquiring minority stakes.
What does this mean?
Finch Capital says it will back around 15-20 startups in Europe with its latest fund. MD Radboud Vlaar says the industry is “rich but fragmented” and that Finch Capital will focus on those businesses with €2-5mn revenue.
