Rebit Capital to Build $ 420M Fund

Ribbit Capital, which is investing in the field of cryptography and block chains, aims to raise $ 420 million through its fund.

This was revealed on September 12, filed with the Securities and Exchange Commission (SEC). The fund is the fifth fund of Rebit Capital, which is more than the $ 300 million raised last year. Rebit Capital has invested in coin-based coin-based exchanges and trading platform Robin Hood, as well as investing in Andresen Horowitz and Cross River banks.

In April, the UK banking app Revolut raised $ 250 million through the Series C investment round. This investment was led by Revit Capital, together with DST Global and Index Ventures. Procurement funds earned the company a $ 1.7 billion corporate name with a list of unicorn companies. Robin Hood also earned $ 363 million in Series D financing rounds and $ 110 million in Series C rounds, earning an estimated valuation of $ 5.6 billion since financing rounds, making it the second-highest-rated FinTech start-up in the US I got a name. For more information, please click here .