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In another good sign for fintech, Ribbit Capital is raising a new $500M fund
Ribbit Capital is raising $500 million for a new fund, an SEC filing seen by TechCrunch has revealed.
Ribbit Capital, a venture firm known for its fintech investments, is raising $500 million for a new fund, a filing with the U.S. Securities and Exchange Commission (SEC) revealed on Wednesday. In addition to backing North American startups, the firm has invested in fintechs across emerging markets, including those in India, such as CRED, Fi, Groww, RazorPay, and PhonePe, among others. That followed a busy year for the firm, which closed deals even in markets like Latin America to capitalize on the global 2021 VC boom.
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