Ribbit Capital, a Palo Alto, CA-based fintech-focused venture capital firm, is raising $420m for its sixth fund.
According to a SEC filing, Ribbit Capital VI, L.P., has not raised funds, yet.
The firm is also raising $500m for another vehicle. called Bullfrog Capital.
Founded in 2012 by Meyer “Micky” Malka, Ribbit Capital invests globally in early stage companies that leverage technology to reimagine and reinvent what financial services can be for people and businesses. The firm’s investment focus is on lending, payments, insurance, accounting, tax preparation and personal financial management.
The firm has invested in the U.S., Canada, Brazil, the United Kingdom, Germany, Italy, Spain, South Africa and Turkey.
Have a look at the other members of the team here.
Past LPs included a variety of institutional investors such as Banco Bilbao Vizcaya Argentina SA, Silicon Valley Bank and numerous high-net-worth individuals.