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Ribbit Capital is a venture capital firm based in Palo Alto, California, specializing in financial technology (fintech) investments. Founded in 2012 by Meyer "Micky" Malka, a Venezuelan entrepreneur with a background in financial services, the firm has established itself as a significant player in the fintech sector. Ribbit's investment philosophy centers on identifying and supporting innovative companies that are transforming the financial services industry through technology.
The firm's mantra emphasizes the belief that the movement of consumers and businesses to mobile platforms will profoundly impact financial services, favoring new entrants and their brands over legacy players. ( Ribbit Capital has a history of early investments in prominent fintech companies, including Robinhood Markets, Coinbase, Affirm, and Brex. In 2023, the firm raised approximately $800 million for its tenth flagship fund, continuing its commitment to supporting disruptive financial services startups.
As of 2024, Ribbit Capital manages assets totaling $12 billion and employs 31 professionals. The firm's portfolio spans various fintech sectors, including payments, lending, insurance, and personal financial management, reflecting its broad focus within the financial technology landscape.
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FinTech
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Palo Alto
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United States