TLDR:
- UK-based VC firm 13books Capital closes €144M fintech fund to support fintech disruptors.
- New fund backed by British Patient Capital, KfW, Isomer Capital, and IPGL.
London-based 13books Capital has successfully closed a new €144M fintech fund to support the next generation of fintech disruptors, despite a challenging fundraising environment. The fund, backed by British Patient Capital, KfW, Isomer Capital, and IPGL, aims to invest in top founders developing future financial technologies with ticket sizes ranging from £1M to £7M. 13books Capital has already backed 19 fintech companies and made investments in five companies over the past six months, including Aria and Ramify, both eyeing leadership in Europe’s digital financial services.
The firm’s network of 34 “world-class” founders and industry leaders, including Limited Partners, provide valuable expertise and connectivity to the founders. The fund has also welcomed new institutional Limited Partners British Patient Capital and KfW Germany to the Limited Partner Advisory Committee (LPAC). 13books Capital believes that European fintech is entering a golden period and is committed to supporting the next generation of pioneering fintech entrepreneurs with this new fund.
In addition, 13books Capital has promoted Meera Bissoondeeal, Nitya Gupta, and Aleksandra Tyurina to Principal, recognizing their contributions and performance. Launched in 2019, 13books Capital partners with Europe’s top fintech founders, focusing on late Seed and Series A investments to accelerate growth and market expansion in the financial technology sector.
