The City of London is the world’s leading fintech hub thanks to appropriate government policy, availability of a large pool of talents among other factors that attract fintech investors. According to Philip Hammond, the Chancellor of the British Exchequer, fintech sector is currently adding over £6.6 billion into the UK economy and attracting over £500 million worth of investments. This article brings you top 10 fintech investors in London.
Index Ventures is a venture capital firm operating in Europe and North America with principal offices in London and San Francisco. It focuses on technology and life sciences and has so far invested in over 160 companies in 24 countries. Index Venture has a portfolio of fintech firms including Clinkle, iZettle, Transferwise, Funding Circle, Swipely, and BitPay.
Seedcamp was founded in 2007 by a group of European investors. The company invests in seed stage fintech startups. Its portfolio of fintech companies includes Wealthkernel, Transferwise, Finance Fox and Monese.
Launched in 2014, the London Co-Investment Fund is managed by Capital Enterprise and Funding London. It is backed by the government and its portfolio of fintech companies includes StockViews, Stockflare, Droplet and Curve.
Northzone is a venture capital company investing in tech startups. It was founded in 1996 and currently operates offices in London, Oslo, Stockholm and New York. Northzone has a large portfolio of fintech companies which includes Market Invoice, Crossled, Auka, and klarna.
Balderton Capital is a venture capital firm established in 2000 as Bench Mark Capital. The company changed its name to Balderton Capital in 2007. Currently, it invests in early European tech startups. The company’s portfolio of fintech companies includes Crowdcube, Zopa, Nutmeg, and wonga.
Octopus Ventures was founded in 1999 and is currently based in London and New York. The company invests in seed, early and late stage financial services companies. Its profile of fintech companies includes Mi-Pay, Currency Fair, and Semafone.
Accel is a venture capital company with headquarters in Palo Alto, California. It invests in fintech startups from inception. Accel manages over $9 billion from its Palo Alto offices and operates separate funds in London, China, and India. Its portfolio of fintech firms includes Braintree, Lenddo, Card Spring and Clinkle.
Anthemis Group was established in 2010 and focuses its investments on companies that seek to better financial services through technology and innovation. The company has invested in Currency Cloud, Vericash, Betterment, and Simple.
Notion Capital is a VC firm operating from London. The firm invests in startups that focus on software as a service (SaaS) and business to business (B2B) technologies. Notion Capital has invested in Currency Cloud, DealFlow and GoCardless.
10) Passion Capital
Passion Capital was founded in 2011 through a collaboration between the UK government and the private sector. The firm funds tech startups in the UK. Some of the fintech companies that it has funded so far include Coinfloor, Native and GoCardless.
It should be noted that most of these venture capital firms fund many other sectors in addition to fintech.