• Fintech investment powerhouse Ribbit Capital aims for $420 million with its latest fund

    9 days ago - By Tech Crunch

    Ribbit Capital , the financial technology investment firm whose portfolio includes hits like the no-fee mobile investment platform Robinhood ; cryptocurrency wallet and marketplace provider Coinbase ; and Root Insurance , the automotive insurance platform that just joined the billion-dollar startup club ; is raising $420 million for its latest fund, according to a filing with the Securities and Exchange Commission.
    The fund would be Ribbit's fifth foray out with limited partners and its $420 million target is only a nominal increase from the $300 million it had set out to raise for its...
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