Top 14 Venture Capital Firms Backing Financial Exchanges Startups

For founders in the financial technology space, preparing to raise capital requires more than a strong pitch. It means identifying the venture capital firms that genuinely understand your specific market, whether you call it FinTech or Financial Exchanges.

Finding the right investment partner is critical. To help with your search, our team has curated this overview of the top fintech VC firms. Use this guide to quickly learn about the investors actively funding companies like yours.

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Which VC Firms in Financial Exchanges Are Right for Your Stage?

Whether your company is in its early days or preparing for an exit, it helps to know which investors to talk to. Here is a quick overview of the VC firms that invest in the Financial Exchanges space, organized by stage.

Pre-seed and Seed VC Firms in Financial Exchanges

Pre-seed and seed funding is the earliest capital you'll raise, typically used to validate your idea and build an initial product. For founders in the financial exchanges sector, seed stage venture capital firms like Liquid 2 Ventures, Fearless Fund, and Lemnos VC specialize in providing this initial support.

Early Stage VC Firms in Financial Exchanges

Early-stage funding, which includes Series A and B rounds, helps you grow your team, scale operations, and achieve product-market fit. Some early stage venture capital firms in New York and California that invest in financial technology companies include WestCap, Celesta Capital, and SemperVirens.

Late Stage VC Firms in Financial Exchanges

Late-stage capital is for established companies looking to expand into new markets, make acquisitions, or prepare for an exit like an IPO. Among the late stage venture capital firms active in this space are Invesco, Endeavor Catalyst, and Transform Capital.

It's also worth noting that many venture capital firms invest across multiple stages, from seed to exit.

To help you identify the right partner, here is a closer look at the top VC firms investing in the Financial Exchanges sector. We've included key details on their investment stages, geographic focus, and what makes each firm a strong choice for founders.

1. Endeavor Catalyst

Endeavor Catalyst operates as a unique co-investment fund, designed to back entrepreneurs who are already part of the global Endeavor network. The firm participates in funding rounds across the company lifecycle, from seed to late-stage venture.

The firm's model involves investing alongside other lead VCs, signaling strong validation for companies selected by Endeavor's local offices. Its portfolio is distinctly global, featuring high-growth unicorns like the Nigerian payments startup Flutterwave and Colombia-based super-app Rappi.

This structure makes Endeavor Catalyst a great fit for founders within the Endeavor ecosystem who have a lead investor secured. It is particularly well-suited for companies with high-growth, international ambitions.

• Investment stages: Seed, early, and late stage venture
• Industries of focus: Finance, Financial Services, FinTech, and companies in the Financial Exchanges sector
• Geographical presence: Based in New York with a global investment portfolio
• Founded: 2012
• Notable portfolio companies: Flutterwave, Rappi, Insider, Tabby, Globant
• Portfolio size: Over 380 investments

You can refer to their website here.

2. WestCap

WestCap is a strategic operating and investing firm that partners with founders to build generational companies. They focus on tech-enabled, asset-light marketplaces, bringing both capital and operational expertise to the table.

The firm invests across early and late-stage venture rounds, as well as private equity, showing a flexible, long-term approach. Their portfolio includes well-known public companies like Airbnb and fintech giants like Klarna, highlighting their success in backing market-defining platforms.

WestCap is a good match for founders building tech-driven marketplaces in sectors like fintech, real estate, or professional services. If you have a proven model and are looking for a partner with operational experience to help you scale, this firm could be the right fit.

• Investment stages: Early Stage Venture, Late Stage Venture, Private Equity
• Industries of focus: Finance, Financial Exchanges, FinTech, Professional Services, Real Estate
• Geographical presence: Based in New York
• Founded: 2019
• Notable portfolio companies: Addepar, GoodLeap, Klarna, Airbnb, Hopper
• Portfolio size: 62 investments

You can refer to their website here.

3. Invesco

Invesco is a long-standing independent investment management firm with a history dating back to 1935. The firm operates across multiple asset classes, including venture capital, private equity, and public markets.

As a major global asset manager, Invesco’s portfolio includes significant holdings in public tech giants like Apple and NVIDIA. This indicates a focus on established market leaders alongside their venture and private equity investments in the finance sector.

This firm is a strong potential partner for founders of well-established, late-stage companies preparing for significant growth or an eventual IPO. If you need a capital partner with deep public market experience, Invesco has the resources and perspective to help.

• Investment stages: Early Stage Venture, Late Stage Venture, Private Equity
• Industries of focus: Finance, Financial Services, and companies in the Financial Exchanges sector
• Geographical presence: Based in Atlanta with a global portfolio
• Founded: 1935
• Notable portfolio companies: Apple, NVIDIA, Amazon, Meta, Alphabet
• Portfolio size: 100 investments

You can refer to their website here.

4. Celesta Capital

Celesta Capital is a venture capital firm that backs entrepreneurs building technology-focused companies. They invest across both early and late stages, supporting businesses as they scale toward significant outcomes.

The firm has a strong record in deep technology, particularly in the semiconductor space, with multiple portfolio companies like Credo and Aquantia achieving IPOs. Their investment in Robinhood also shows their ability to back successful companies in the financial technology sector.

Celesta Capital is a good fit for founders with a strong technology or hardware component to their business. If you are building a company with the potential for a public market exit, their experience could be valuable.

• Investment stages: Early Stage Venture, Late Stage Venture
• Industries of focus: Deep Technology, Semiconductors, Financial Services, and companies in the Financial Exchanges sector
• Geographical presence: Based in San Francisco, California
• Founded: 2013
• Notable portfolio companies: Robinhood, ideaForge, Credo, Aquantia, Quantenna
• Portfolio size: 172 investments

You can refer to their website here.

5. Liquid 2 Ventures

Liquid 2 Ventures is a venture capital firm that invests in companies from their earliest seed stage through their initial growth phases. They are known for backing a high volume of startups across various technology sectors, including companies in the Financial Exchanges space.

The firm has a strong record of successful exits, including the GitLab IPO and HR platform Rippling. Co-founded by NFL Hall of Famer Joe Montana, the firm brings a unique public profile and network to its portfolio companies.

This firm is a good match for seed-stage founders who value an investor with a strong brand and a track record of helping companies scale. Their high-volume approach suggests an openness to a wide range of ideas within their target industries.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Financial Exchanges, Impact Investing, Venture Capital
• Geographical presence: San Francisco, California
• Founded: 2016
• Notable portfolio companies: GitLab, Rippling, FanDuel, Athelas, Solugen
• Portfolio size: Over 1,150 investments

You can refer to their website here.

6. ff Venture Capital

ff Venture Capital is a New York-based firm that invests in technology companies, with a focus on sectors like AI, cybersecurity, and software. They support founders across a wide range of stages, from initial seed funding to later growth rounds.

The firm has a strong history of backing companies to successful exits, including the digital identity platform Socure and the security company CyberX, which was acquired by Microsoft. This track record shows their ability to support businesses with significant market potential.

This firm is a good match for founders building technology-intensive businesses, especially in AI and security. Their willingness to invest from seed to late stage makes them a potential long-term partner for your company's growth.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture, Debt
• Industries of focus: AI, Cyber Security, Machine Learning, Software, and companies in the Financial Exchanges sector
• Geographical presence: Based in New York, New York
• Founded: 2008
• Notable portfolio companies: Socure, Owlet, Plated, CyberX
• Portfolio size: 374 investments

You can refer to their website here.

7. Brand Foundry Ventures

Brand Foundry Ventures is an investment firm that supports companies across their lifecycle, from seed and convertible notes to late-stage venture rounds. Based in Austin, they invest in a range of industries, including financial services and companies in the financial exchanges space.

The firm has a clear history of backing powerful consumer brands, with successful exits like the sustainable footwear company Allbirds and the beauty subscription service Birchbox. This focus on companies with strong brand identity is a recurring theme in their portfolio.

Brand Foundry Ventures is a great potential partner for founders building direct-to-consumer businesses or companies where brand is a key asset. If you are creating a product with a strong consumer following, their experience could be a significant advantage.

• Investment stages: Seed, early, and late stage venture, convertible note
• Industries of focus: Finance, Financial Services, and companies in the Financial Exchanges sector, with a notable focus on consumer brands
• Geographical presence: Based in Austin, Texas
• Founded: 2014
• Notable portfolio companies: Allbirds, Birchbox, The Wing, Eden Health, Floyd
• Portfolio size: 87 investments

You can refer to their website here.

8. Camber Creek

Camber Creek is a venture capital firm that provides both funding and advisory support to technology companies. Their primary focus is on businesses transforming the real estate industry, often referred to as PropTech.

The firm invests from seed to late-stage venture, with a clear specialization in real estate technology. Their portfolio includes successful companies like the smart-lock platform Latch and the utility-data platform Arcadia, which achieved unicorn status.

This firm is an ideal partner for founders building technology solutions for the real estate market. If your company operates in areas like smart home, commercial real estate, or retail tech, Camber Creek’s focused expertise could be a significant asset.

• Investment stages: Seed, early, and late stage venture
• Industries of focus: Real Estate Technology, Smart Home, Retail Technology, and companies in the Financial Exchanges sector
• Geographical presence: Based in Rockville, Maryland
• Founded: 2009
• Notable portfolio companies: Latch, Arcadia, Clearedge3D, 42Floors
• Portfolio size: 72 investments and 18 exits

You can refer to their website here.

9. Fearless Fund

Fearless Fund is a venture capital firm that invests in businesses led by women of color, focusing on pre-seed and seed-stage funding. Based in Atlanta, they provide the early capital needed to help founders validate their ideas and build their initial products.

The firm’s clear mission is to back underrepresented founders, and its portfolio highlights a strong track record with consumer brands. Success stories like Partake Foods and The Lip Bar, which have secured nationwide distribution in major retailers, show their ability to support companies with mass-market potential.

Fearless Fund is an excellent choice for women of color founders at the earliest stages of their startup journey. If you are building a consumer-focused business with a strong brand identity, this firm has the experience and network to help you scale.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Finance, Financial Services, and companies in the Financial Exchanges sector, with a strong focus on consumer brands
• Geographical presence: Based in Atlanta, Georgia
• Founded: 2018
• Notable portfolio companies: Partake Foods, The Lip Bar, Slutty Vegan, Live Tinted
• Portfolio size: 27 investments

You can refer to their website here.

10. Lemnos VC

Lemnos VC is a San Francisco-based firm that provides seed and early-stage capital, with a clear emphasis on hardware and deep technology startups. They are known for backing founders who are tackling complex engineering problems from the ground up.

The firm’s portfolio is filled with companies building tangible products, from the satellite-data company Spire Global to ambitious hardware projects like Airware and Teforia. This focus signals a deep technical expertise and a willingness to invest in businesses that require significant research and development.

Lemnos VC is an excellent match for founders with a strong engineering background who are building a physical product. If your early-stage company is creating a complex hardware solution, this firm has the specific experience to be a valuable partner.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Hardware, Deep Technology, Financial Services, and companies in the Financial Exchanges sector
• Geographical presence: Based in San Francisco, California
• Founded: 2011
• Notable portfolio companies: Spire Global, Airware, Teforia
• Portfolio size: 52 investments

You can refer to their website here.

11. Transform Capital

Transform Capital invests in late-stage technology startups with a unique philanthropic model. The firm donates 50% of its General Partners' profits to causes selected by the founders and investors it partners with.

The firm focuses on enterprise software and finance, backing companies to significant outcomes like the Urgently IPO and the acquisition of Jackpocket. Their social impact mission is a core part of their identity, integrating giving back directly into their investment strategy.

This firm is a strong potential partner for founders of established companies who are looking for growth capital and an exit path. It is an especially good match for leaders who want their business success to have a direct, positive impact on causes they care about.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Enterprise Software, Finance, and companies in the Financial Exchanges sector
• Geographical presence: Based in San Mateo, California
• Founded: 2019
• Notable portfolio companies: Urgently, Jackpocket, GoFundMe (via Classy), Paystand, Finix
• Portfolio size: 27 investments

You can refer to their website here.

12. Deciens Capital

Deciens Capital is a venture firm that supports early-stage founders building the next generation of financial services companies. Based in San Francisco, they provide capital to startups creating new infrastructure for the finance industry.

The firm has a clear focus on companies that provide foundational financial infrastructure, often called "fintech for fintechs." Their portfolio includes banking-as-a-service leader Treasury Prime and the cross-border payments unicorn Chipper Cash.

Deciens Capital is a good fit for early-stage founders building the core infrastructure for financial services. If your company provides foundational technology for other banks or fintechs, this firm has the specific expertise you need.

• Investment stages: Seed, Early Stage Venture, Late Stage Venture
• Industries of focus: Financial services and companies in the financial exchanges sector
• Geographical presence: Based in San Francisco, California
• Founded: 2017
• Notable portfolio companies: Chipper Cash, Treasury Prime, Zeta, Sydecar
• Portfolio size: 29 investments

You can refer to their website here.

13. SemperVirens Venture Capital

SemperVirens Venture Capital is an early-stage fund that invests in workforce, healthcare, and financial technology companies. They support founders from the initial seed round through later growth stages.

The firm has a clear focus on technology that shapes the future of work, with a portfolio of leaders in employee benefits and HR platforms. Their investments in unicorns like the global HR platform Remote and benefits provider Human Interest show a record of backing companies that redefine their markets.

SemperVirens is a great fit for founders building technology platforms for the workplace, especially in health, finance, or HR. If your company helps businesses better support their employees, this firm’s focused expertise could be a strong asset.

• Investment stages: Seed, early, and late stage venture
• Industries of focus: Workforce technology, healthcare technology, and financial technology, including companies in the Financial Exchanges sector
• Geographical presence: Based in San Mateo, California
• Founded: 2018
• Notable portfolio companies: Spring Health, Remote, Human Interest, Carrot Fertility
• Portfolio size: 56 investments

You can refer to their website here.

14. Thiel Capital

Thiel Capital is an investment firm that provides capital to companies from seed to early-stage venture rounds. The firm invests across a diverse set of industries, including artificial intelligence, drones, and healthcare.

The firm shows a clear focus on deep technology and frontier sectors, backing companies like the German drone maker Quantum-Systems. They also have a record of successful exits, including the biotech company ATAI Life Sciences and the defense startup Pilgrim.

This firm is a strong potential partner for founders building businesses in technically complex or contrarian fields. If your company is tackling ambitious problems in defense, biotech, or AI, Thiel Capital has a history of backing such ventures.

• Investment stages: Seed, Early Stage Venture
• Industries of focus: Artificial Intelligence, Drones, Healthcare, Financial Services, and companies in the Financial Exchanges sector
• Geographical presence: Los Angeles, California
• Founded: 2011
• Notable portfolio companies: Pilgrim, Quantum-Systems, ATAI Life Sciences, Legendary Entertainment
• Portfolio size: 41 investments

You can refer to their website here.

What This Tells Us About The VC Scene for Financial Exchanges Companies

This review of investors shows that companies in the Financial Exchanges sector have a broad set of funding options. The funding environment is quite balanced, with firms ready to support businesses at every point, from pre-seed ideas to late-stage growth. This means whether you're just starting out or preparing for a major exit, there are investors with relevant experience.

While investment activity is concentrated in hubs like the Bay Area and New York, the presence of firms in cities like Atlanta and Austin shows that opportunities are not confined to just a few locations. This variety gives you more flexibility when fundraising. The key takeaway for founders is that the investor community for financial technology is robust and offers support across different stages and geographies.

Raise Confidently with Rho

Fundraising requires your full attention, making a focused list of relevant investors a critical advantage. This guide is designed to help you target your efforts where they will matter most.

Once your round is closed, the work of managing that capital begins. Rho can help you set up your financial stack in minutes so you can get back to building your business.

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FAQs about Venture Capital Firms Focused on Financial Exchanges

Which US cities are hubs for fintech venture capital firms?

Major hubs like New York and the San Francisco Bay Area have the highest concentration of fintech VCs. However, cities like Atlanta, Austin, and Rockville are also home to specialized firms actively investing in financial technology companies.

Are there prominent venture capital firms in London for fintech?

Yes, London is a major global fintech hub with many active venture capital firms. Investors like Anthemis Group, Balderton Capital, and Passion Capital are well-known for backing innovative financial technology startups across Europe and the UK.

What do early-stage VCs look for in a financial technology company?

Early-stage investors typically look for a strong founding team, a large addressable market, and initial signs of product-market fit. They want to see evidence that your solution solves a real problem for a specific customer segment.

How is a seed-stage investment different from a Series A round?

Seed funding helps you validate your idea and build an initial product, often with a smaller team. A Series A round is for scaling, focusing on growing your customer base and revenue with a proven business model.

Are venture capital firms regulated?

Yes, venture capital firms in the U.S. are subject to regulation by the Securities and Exchange Commission (SEC). These rules govern how they can raise and invest capital, ensuring compliance and investor protection within the industry.

How can I manage my startup's finances after closing a funding round?

Once your round is closed, you need a robust financial stack to manage the capital effectively. Our platform provides integrated banking, corporate cards, and automated payments to help you scale confidently. Get started with Rho.