13books Capital, a venture capital firm investing in fintech startups from seed to Series A stages across Europe, has closed a £121m fund to support early-stage startups. The fund has invested in five companies over the past six months, with sizes ranging from £1m to £7m. The initiative comes amid a challenging market for fintech, with global investment in the sector significantly declining in 2023, yet 13books Capital sees this as a pivotal moment for European fintech innovation and a great window of opportunity as fintech valuations have stabilized throughout 2024.
VC Firm 13books Capital Closes £121M Fintech Fund
