TLDR:
- 13books Capital has closed a GBP 121 million fund to support fintech companies.
- The fund, supported by British Patient Capital and other investors, will back founders reshaping the future of financial services.
In a recent press release, 13books Capital announced the closure of a GBP 121 million fund aimed at supporting founders who are revolutionizing the financial services industry. The fund received a GBP 25 million investment from British Patient Capital, along with other investors like KfW Capital, Isomer Capital, and IPGL. The main focus of this venture capital fund manager is to invest in early-stage fintech companies, particularly those targeting sectors undergoing digital transformations within the financial industry.
The team at 13books Capital has a strong track record in investing in venture fintech and possesses the necessary expertise to support bold founders as they aim to scale their businesses. This latest fund will enable them to continue supporting a new generation of entrepreneurs in the European fintech space. Additionally, British Patient Capital expressed their support for innovative fintech businesses by investing in 13books Capital’s latest fund, emphasizing the importance of technology and industry networks in driving growth within the financial sector.
British Patient Capital, a subsidiary of British Business Bank plc, has a mission to enable long-term investment in innovative firms led by ambitious entrepreneurs looking to build large-scale businesses. 13books Capital appreciates the support from partners like British Patient Capital and is committed to providing a sector-focused, founder-led venture platform to fuel the next wave of fintech innovation.
