Ribbit Capital (company)
Ribbit Capital
Limited Partnership[1]
Industry Venture Capital
Founded 2012
Founder Meyer 'Micky" Malka
Headquarters Palo Alto, California, U.S.
Key people
Meyer Malka, Nick Shalek, Nikolay Kostov[2]
Website ribbitcap.com

Ribbit Capital, founded in 2012, is a global venture capital firm focused on fintech (financial technology).[3][4] As of 2015, Ribbit had raised $446 million, the fourth-largest amount of money raised among U.S-based venture capital firms started since 2012.[3]


The firm was founded by Meyer 'Micky" Malka, a Venezuelan serial entrepreneur,[3] who co-founded the online brokerage Patagon, which sold to Banco Santander SA for $750 million in 2000.[4] In 2015, Malka was the only Latin American founder among the top 20 United States-based venture capital firms.[3]

Ribbit focuses on technology companies involved in lending, payments, insurance, accounting, tax preparation and personal financial management.[1] It generally invests between $2 million and $15 million in early stage financial start ups.[5]

The firm has invested in companies headquartered in the United States,[3] Latin America[6] and Brazil,[7] Europe,[8][9] India,[10] and other regions worldwide.[11][12]

The firm also invested directly in bitcoin. In 2014, Ribbit, in concert with Social + Capital Partnership, was reported to control 5% of all bitcoins.[4][13] Aside from direct investments in bitcoin, Ribbit has financed five bitcoin companies.[13]

Ribbit raised three funds between 2012 and 2015,[3] including a $100 million fund in 2013,[14] a $125 million fund in 2014[15] and a $226 million fund in 2015.[3]

Ribbit's investors include SVB Capital, Silicon Valley Bank's fund of funds group; Sequoia Heritage; Spanish banking group Banco Bilbao Vizcaya Argentaria S.A.[5] and Iconiq Capital, a wealth management group whose clients include Mark Zuckerberg of Facebook and Reid Hoffman of LinkedIn. Individual investors include David Lawee of Google Capital and Sheryl Sandberg of Facebook.[3]


Company Industry Description Investment Date Size of Round Other Participants
Earnin (previously Activehours)[16] Personal Lender Alternative to Payday lending where borrower determines their own service fees and can get paid in advance of payday. July 2014 $4.1 million Felicis Ventures
Borro[14] Secured Lender UK-US-based lender providing loans secured by fine arts, antiques, vintage cars and jewelry. March 2014 $112 million Victory Park Capital, Canaan Partners, Augmentum Capital, European Founders Fund, Eden Ventures, Octopus Investments
BTCJam[17] Bitcoin Lending Peer-to-peer bitcoin lending, especially to borrowers in emerging markets such as Brazil. June 2015 $1.2 million 500 Startups, Funders Club
CAN Capital[18] Business Lender Provider of high-interest loans to businesses that can't otherwise get credit. January 2014 $33 million Accel Partners, Meritech Capital Partners, QED Investors
Coinbase[19] Bitcoin Services Financial services for bitcoin users, including facilitating merchant processing transactions. January 2015 $75 million Draper Fisher Jurvetson, Andreessen Horowitz, Union Square Ventures, USAA Federal Savings Bank; Banco Bilbao Vizcaya Argentaria S.A.; NYSE.
ComparaOnline[6] Financial Marketplace Latin American marketplace for insurance and other financial services. September 2013 $11 million Endeavor Catalyst, Rise Capital, Kaszek Ventures
contaAzul[20] Accounting Software Brazil-based provider of accounting and invoicing solutions to small and medium-sized businesses and accounting firms. February 2015 Undisclosed Tiger Global Management, Monashees Capital, 500 Startups, Napkn Ventures
Credit Karma[21] Credit Reports Free credit reports and tools for tracking financial information. April 2013 $30 million Susquehanna Growth Equity, Felicis Ventures
Funding Circle[9] Business Lending U.K.-based peer-to-peer platform for small business loans. July 2014 $65 million Accel, Union Square Ventures, Index Ventures
Fuze Network[22] Bill Payments Facilitates cash payments and transfers for bills and credit cards. March 2012 $2.5 million Matrix Partners
Guia Bolso[23] Personal Finance Brazilian personal finance management platform August 2015 $7 million Omidyar Network, QED Investors, Kaszek Ventures, e.Bricks and Valor Capital
Gusto[24] Human Resources Software for small businesses to manage HR, such as payroll and health insurance. April 2015 $60 million Google Capital, Google Ventures, Emergence Capital
Invoice2go[12] Mobile Invoicing Australian-based mobile invoicing platform for small businesses. November 2015 $15 million Accel Partners
Jetty[25] Insurance Sells insurance to millennials May 2016 $4 million BoxGroup, SV Angel, Red Swan, Social Capital and Graph Ventures
LendingHome[26] Mortgage Marketplace Online loan marketplace for mortgages April 2015 $70 million Foundation Capital, Ribbit Capital, First Round Capital, SAB Capital, Colony Capital and Cowboy Ventures
Money View[10] Personal Finance India-based app for managing bank information and expenses March 2015 $8.5 million Tiger Global, Accel India
Next Insurance[27] Business Insurance Automated analysis and purchase of small business insurance plans. March 2015 $13 million Zeev Ventures, TLV Partners
Pantera Bitcoin Partners[28] Hedge Fund San Francisco based hedge fund buys and sells bitcoins March 2014 Unknown Fortress Investment Group (FIG), Benchmark Capital, Pantera Capital
Parasut[11] Financial Software Turkish financial management solutions for small businesses April 2015 $1.4 million million Revo Capital
Point[29] Home Equity Buys equity stakes in houses as an alternative to home mortgages. March 2014 $112 million Greylock Partners, Andreessen Horowitz, Vikram Pandit, SV Angel and Bloomberg Beta.
Policy Bazaar[30] Insurance India-based online consumer marketplace for insurance, loans, and other financial products. April 2015 $40 million PremjiInvest, Tiger Global, Steadview Capital and ABG Capital
Raisin.com[8] Savings Marketplace German-based savings deposit marketplace allowing deposits across the European Union. August 2015 $25 million Index Ventures, Yuri Milner, Tom Stafford
Robinhood Markets[31] Stock Brokerage Mobile stock trading platform that doesn't charge trading fees. September 2014 $13 million Index Ventures, Howard Lindzon, Aaron Levie, Dave Morin, Jared Leto, Snoop Dogg, and Nasir Jones (Nas).
Wealthfront[32] Investment Software Software-based financial advisor and manager. April 2014 $35 million Index Ventures, The Social+Capital Partnership, Greylock Partners, DAG Ventures
Xapo[28] Bitcoin Services Secures information in guarded vault needed to unlock Bitcoins. March 2014 $20 million Fortress Investment Group (FIG), Benchmark Capital, Pantera Capital


  1. ^ a b McBride, Sarah (22 June 2013). "Ribbit Capital raises $100 million finance-focused fund". Reuters. Retrieved 2016. 
  2. ^ Rizzo, Pete (30 January 2015). "Ribbit Capital's Micky Malka Talks Bitcoin's Slow Road to Mainstream". CoinDesk. Retrieved 2016. 
  3. ^ a b c d e f g h Sreeharsha, Vinod (10 September 2015). "A Venezuelan in Silicon Valley Finds a Niche in Finance". New York Times. Retrieved 2016. 
  4. ^ a b c Saitto, Serena (28 February 2014). "Bitcoin Bull Holds Firm as Mt. Gox Drags Down Currency". Bloomberg L.P. Retrieved 2016. 
  5. ^ a b Cheredar, Tom (22 January 2013). "Ribbit Capital lands $100M fund for finance-focused startups". Venture Beat. Retrieved 2016. 
  6. ^ a b "ComparaOnline.com Raises $11M in Series B Financing". FinSMEs. 5 September 2013. Retrieved 2016. 
  7. ^ Heim, Anna (August 2015). "August in Latin America: All the tech news you shouldn't miss from the past month". The Next Web. Retrieved 2016. 
  8. ^ a b O'Hear, Steve (6 April 2016). "Raisin launches pan-European savings marketplace". TechCrunch. Retrieved 2016. 
  9. ^ a b Lunden, Ingrid (16 July 2014). "Funding Circle Gets Funded, $65M More For Its Small Business Lending Marketplace". TechCrunch. Retrieved 2016. 
  10. ^ a b Modgil, Shweta (31 March 2016). "With 3 Mn Users In 2 Years, Here's How Money View Is Changing Fintech For Good". Inc42. Retrieved 2016. 
  11. ^ a b Demirel, Firat (15 April 2015). "Silikon Vadisi merkezli Ribbit Capital'den Para?üt'e 3.7 milyon TL yat?r?m". webrazzi. Retrieved 2016. 
  12. ^ a b Beeche, Matt (4 November 2015). "Invoice2go raises $15 million as it launches a new mobile payments feature powered by Stripe". StartUp Daily. Retrieved 2016. 
  13. ^ a b Kirby, Carrie (31 March 2014). "'Micky' Malka on How Bitcoin Can Help the World's Unbanked". Coindesk. Retrieved 2016. 
  14. ^ a b Duryee, Tricia (22 January 2013). "Ribbit Capital Raises $100 Million With the Goal of Modernizing Money". All Things D. Retrieved 2016. 
  15. ^ O'Neil, Lorena (27 August 2013). "ONE VENEZUELAN'S PLAN TO REINVENT U.S. FINANCIAL SERVICES". Ozy. Retrieved 2016. 
  16. ^ Dorbian, Iris (23 July 2014). "Ribbit Capital and Felicis Ventures back Activehours app". The PE Hub. Retrieved 2016. 
  17. ^ Sheiber, Jonathan (5 June 2014). "BTCJam Brings Its Bitcoin-Based Lending Service To Emerging Markets". TechCrunch. Retrieved 2016. 
  18. ^ Monks, Matthew; Picker, Leslie (20 November 2014). "CAN Capital Said to Weigh IPO With Up to $2 Billion Value". Bloomberg L.P. Retrieved 2016. 
  19. ^ Vigan, Paul; Casey, Michael (20 January 2015). "Coinbase Raises $75 Million in Funding Round". Wall Street Journal. Retrieved 2016. 
  20. ^ "ContaAzul Raises Series C Financing". FinSMEs. 20 February 2015. Retrieved 2016. 
  21. ^ Bilton, Ricardo (2 April 2013). "Credit Karma raises $30M to help flustered consumers track their credit scores". Venture Beat. Retrieved 2016. 
  22. ^ Perez, Sarah (27 September 2012). "Fuze Network, A Payments Company Focused On The Under-Banked, Raises $2.5 Million Series A". TechCrunch. Retrieved 2016. 
  23. ^ Witkowsky, Chris (21 August 2015). "Ribbit Capital leads $7 mln funding in GuiaBolso". PE Hub Network. Retrieved 2016. 
  24. ^ Rauber, Chris (23 December 2015). "Gusto CEO: 'I could care less about being a unicorn'". BizJournals. Retrieved 2016. 
  25. ^ Kulwin, Noah (22 May 2016). "Capital Gains: A Facebook co-founder launches an Asia VC fund and a 'global brand for dogs' lands $60M". Recode. Retrieved 2016. 
  26. ^ Mac, Ryan (13 April 2015). "Mortgage Marketplace LendingHome Reels In $70 Million From China's Renren". Forbes. Retrieved 2016. 
  27. ^ Kendall, Marisa (15 March 2015). "Next Insurance aims to make business insurance bearable". Silconbeat. San Jose Mercury News. Retrieved 2016. 
  28. ^ a b Popper, Nathaniel (18 March 2014). "Fortress, Benchmark and Ribbit Buy Stake in Pantera Bitcoin". New York Times. Retrieved 2016. 
  29. ^ Perlberg, Heather (21 December 2015). "This Startup Wants a Stake in Your Home, Poor Credit No Problem". Bloomberg L.P. Retrieved 2016. 
  30. ^ Gupta, Bhwanna (14 April 2015). "PolicyBazaar raises around $40M in Series D round led by PremjiInvest". VC Circle. Retrieved 2016. 
  31. ^ Kokalitcheva, Kia (23 September 2014). "Robinhood snags $13M to make stock trading hip". Venture Beat. Retrieved 2016. 
  32. ^ Rao, Leena (2 April 2014). "Finance Wealthfront Automated Investment Service Wealthfront Raises $35M From Index, Ribbit Capital". TechCrunch. Retrieved 2016. 

External links

  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.



Connect with defaultLogic
What We've Done
Led Digital Marketing Efforts of Top 500 e-Retailers.
Worked with Top Brands at Leading Agencies.
Successfully Managed Over $50 million in Digital Ad Spend.
Developed Strategies and Processes that Enabled Brands to Grow During an Economic Downturn.
Taught Advanced Internet Marketing Strategies at the graduate level.

Manage research, learning and skills at defaultLogic. Create an account using LinkedIn or facebook to manage and organize your Digital Marketing and Technology knowledge. defaultLogic works like a shopping cart for information -- helping you to save, discuss and share.

Visit defaultLogic's partner sites below:
PopFlock.com : Music Genres | Musicians | Musical Instruments | Music Industry
NCR Works : Retail Banking | Restaurant Industry | Retail Industry | Hospitality Industry

  Contact Us