Jun 21, 2016 On Our Blog

500 Startups Announces $25M FinTech Fund

We’re excited to announce a new vertical fund, 500 FinTech, which will focus on investments in companies that we are deeming as: “Financial Services For the Rest of Us.” Over the last 6 years, 500 Startups has made some great investments in the FinTech space. With nearly 80 investments in 10 countries, including CreditKarma, Flywire, FeeFighters (acquired by Groupon), Simple (acquired by BBVA), iMoney, and RealtyShares, CB Insights has tapped 500 as the most active early-stage FinTech investor in the world. During those 6 years, we’ve learned a lot about building next generation financial services: Financial Institutions are still not serving millennials, minorities, women, and emerging markets effectively Technology (especially smartphones) will slash the cost of delivering financial services to …