TLDR:
- UK-based VC firm 13books Capital has closed a new fintech fund
- The fund’s LPs include British Patient Capital and KfW Germany
A UK-based venture capital firm, 13books Capital, has recently completed the fundraising for its new fintech-focused fund. The limited partners (LPs) for this fund include British Patient Capital and KfW Germany, showcasing the international support for this venture. The fund’s closure represents a significant step in the firm’s investment strategy and commitment to the fintech sector.
With a growing focus on technology and innovation in the financial services industry, the fintech sector presents numerous opportunities for investment and growth. 13books Capital’s decision to launch a dedicated fund for this sector reflects their belief in the potential of fintech startups and their commitment to supporting innovation in this space.
The participation of LPs like British Patient Capital and KfW Germany not only provides financial backing for the fund but also signifies confidence in 13books Capital’s investment strategy and expertise in the fintech sector. This strong support from institutional investors further validates the firm’s position as a key player in the venture capital landscape.
Overall, the completion of this new fintech fund by 13books Capital marks a significant milestone for the firm and demonstrates their ongoing commitment to investing in and supporting innovative fintech startups. With the backing of reputable LPs, the firm is well-positioned to capitalize on emerging opportunities in the fintech space and drive growth for both their portfolio companies and investors.
