Finch Capital Targets European Fintech Companies with €150 million Fund

Finch Capital, a leading venture capital firm with a presence in the UK and Netherlands, announced the first close of Europe III, its €150 million investment fund, to invest in the European fintech companies working on technologies like Artificial Intelligence. The investment focus will be on financial technology startups with €2 million to €5 million in revenues.

According to the official announcement, Finch Capital is planning to invest €2 to 10 million in Series A and Series B stages. The VC firm is also planning to back 15 to 20 European fintech companies, targeting Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term 3 to 5 years post-investment, over the fund’s 3-year initial investment lifespan.

Last year, Steve Crossan joined Finch Capital as a venture partner to expand the firm’s AI expertise. Crossan previously worked with Google and joined DeepMind as Head of Product.

Commenting on the recent announcement, Radboud Vlaar, MD Finch Capital, said: “We have always been bullish on investing in Financial Technology. Moving forward, we are doubling down on Financial software, especially those companies that Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term AI to this end. We have seen the industry mature, giving rise now to a rich but fragmented landscape of robust businesses with EUR 2-5 million in revenues. These are the companies we are focused on working with now. With the right support and management, they have great risk/return outcomes and they are ready to build leading positions and consolidate the European market.”

Europe and Southeast Asia

Finch Capital is focusing primarily on the fintech startups from the European and the Southeast Asian region. In 2020, The firm announced a $50 million Finch Capital SEA II to invest in Southeast Asian startups. Finch Capital is planning to expand its presence in Europe with the recent launch of a €150 million fund.

“Europe is ready to compete in the global enterprise tech arena, with more capital being deployed in AI/deeptech than any other industry $20B last year alone. In the wake of general performance pressure, we see the acceleration of the Finance sector in their tech understanding and adoption creating pressure for additional innovation in these areas,” Crossan said.