Venture Capital: QED Investors Wraps Up Two New Fintech Funds Collecting $925M
QED Investors will continue to invest in disruptive fintech startups.
QED Investors, a prominent fintech venture capital firm, has announced the closure of two new funds, totaling $925 million in capital commitments. The oversubscribed Fund VIII amounts to $650 million and is aimed at early-stage businesses, while Growth II secures $275 million and focuses on later-stage fintechs.
With these funds, QED intends to continue investing in disruptive fintech companies across various regions, including the U.S., the U.K., Europe, Latin America, India, Southeast Asia, and Africa. (Businesswire)
QED’s Managing Partner and Co-Founder, Nigel Morris, said the firm was committed to achieving threshold scale in terms of capital, team, skills, and brand globally. Furthermore, QED aims to provide its portfolio companies with the best advice in fintech, focusing on unit economics, product-market fit, and clear paths to profitability.
The company’s approach involves working closely with CEOs and founders, utilizing a rigorous, hypothesis-driven methodology to identify investment opportunities that can create breakthrough companies at scale.
Since its establishment in 2007 by Nigel Morris and Frank Rotman, QED has invested in over 200 companies, including 28 unicorns, and has amassed more than $4.0 billion under management. Its exclusive focus on fintech has played a major role in the growth of prominent fintech companies, such as Credit Karma, Remitly, Nubank, AvidXchange, Klarna, and Greensky.
Related Story: QED’s Seventh Fund For Fintechs Closes With $1.05B
Photo by Christiann Koepke on Unsplash
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