On another good sign for Fintech, Ribbit Capital collects a new fund worth $ 500 million

Ribbit Capital, a well -known project company in Fintech, is using $ 500 million to a new box, which was unveiled on Wednesday.

The new capital appears to be part of the latest pioneering fund for Palo Alto Projects, entitled Ribbit Capital Y, SEC file Suggest.

In 2023, Rebtit Capital 800 million dollars raisedAnd according to what was reported to her The tenth pioneering boxRibbit Capital X.

The project company (and has been out) has invested some of the largest startups in the world, including Nubank, Afferm and Robinhood. In addition to supporting startups in North America, the company has invested in super technology across emerging markets, including those in India, such as Cred, Fi, Grumw, Razorpay and Phonepe, among other things. It has also invested in companies that focus on encryption, including Coinbase, Coinswitch and UISWAP.

Interestingly, the last Ribbit Capital money is much smaller than $ 1.15 billion vehicle It was raised in 2022. This was followed by a crowded year for the company, which closed deals even in markets such as Latin America to take advantage of the Global VC boom 2021.

However, since its establishment in 2012, Ribit Capital has supported 243 investments and led 90 of them, according to details available On Crunchbase. Start Blockchain Enterprise CrossMint tour 23.6 million dollars It was the latest led by Ribbit Capital earlier this week.

The company has also left 24 of its investments, for all Crunchbase.

Collection of donations is another indication that Once-Fintech region He returned to the height. Other signs include Planned public subscription for international purchase now, I will later pay my darling And the height Road rating and tape. This was after servicitan Public subscription in December It was a good omen for other technology.

Ribbit Capital did not respond to a comment.