Fintech-only VC, Palo Alto
Ribbit Capital
Venture capital firm · Palo Alto · Founded 2012
Quick read
Ribbit Capital is a fintech-only VC firm founded in 2012 by Micky Malka, headquartered in Palo Alto, US. It's one of the most active fintech investors globally, with 328 investments, 35 unicorns, 16 IPOs, and notable early bets on Robinhood, Coinbase, and Brex. The firm has scaled to roughly $12 billion in AUM across 31 funds and recently filed for both a $500M and a $300M new fund.
Key facts
- Founded
- 2012
- Founders
- Meyer 'Micky' Malka
- Employees
- 19
- Sectors
- fintech, crypto
- Website
- www.ribbitcap.com
Investment thesis
Ribbit invests exclusively in financial services and fintech globally — payments, banking, lending, insurance, and crypto — backing founders who identify structural flaws in finance before others do and build brands around fixing them. The firm brings operator-level experience from Micky Malka's background running brokerages and banks across Latin America and the US.
Recent activity
- Mar 2026investmentRibbit Capital co-invested in Evervault's $25M Series B alongside Sequoia Capital and Index Ventures. Evervault builds end-to-end encryption for sensitive data. tracxn.com
- 2025investmentRibbit led Deel's $300M Series E at a $17.3B valuation, joined by Andreessen Horowitz and Coatue. Deel had surpassed $1B ARR in Q1 2025 and hit its first $100M revenue month in September 2025. hrtechchina.com
- 2025investmentRibbit made 36 investments across 2025, its highest single-year count in the dataset, bringing total portfolio companies to 172 over 14 years. tracxn.com
- Jun 2026pressPortfolio company Kiavi was acquired by Figure. Ribbit had backed Kiavi, a bridge and rental loan platform for real estate investors. tracxn.com
- ~1mo agoinvestmentRibbit publicly endorsed Listen Labs, an AI customer-research platform, on LinkedIn. Founders Alfred Wahlforss and Florian Juengermann are building the product, and Ribbit confirmed it uses Listen internally to run customer studies across its portfolio. linkedin.com
- 2025fundraiseRibbit Capital filed with the SEC to raise $500 million for its latest flagship fund, Ribbit Capital Y, signaling continued commitment to fintech globally and India specifically. bfsi.eletsonline.com
- Aug 2024investmentRibbit Capital led a $50 million round into Morpho, the permissionless lending protocol built on Ethereum and Base. Morpho stated the funding supports its mission to make financial infrastructure a public good. airdroplist.co
- 2024pressPartner Nick Shalek outlined Ribbit's AI investment thesis publicly, arguing that AI-native founders must reconstruct organizations from first principles rather than augment existing processes. Ribbit uses portfolio company Listen Labs internally to run customer research at scale. junipersquare.com
- 2024investmentRibbit backed Listen Labs, an AI platform for customer research founded by Alfred Wahlforss and Florian Juengermann. Ribbit uses the product internally across portfolio companies and markets. linkedin.com
- 2024pressTwo major Ribbit portfolio companies—PhonePe (valued at ~$12 billion) and Groww—are preparing IPOs. PhonePe targeted filing draft papers by June 2025 at a $15 billion listing valuation; Groww aimed to raise over $1 billion. bfsi.eletsonline.com
- Jul 2025fundraiseRibbit filed for a $300M fund, described as targeting diverse deals, following an earlier $500M fund filing. linkedin.com
- Apr 2025fundraiseRibbit launched a $500M fund focused on fintech. linkedin.com
Notable investments
- EvervaultSeries B ($25M)Mar 2026tracxn.com
- Listen LabsUndisclosed~Jun 2026linkedin.com
- DeelSeries E ($300M)2025hrtechchina.com
- One (Walmart fintech JV)Growth ($300M, $2.5B valuation)Dec 2024en.wikipedia.org
- JustosSeries A ($35.8M)Undated (Series A)beyondthelaw.news
- MorphoGrowth (Ribbit-led $50M)Aug 2024airdroplist.co
- Etched.aiUndisclosed2024vcbacked.co
- HarmonicUndisclosed2024vcbacked.co
- CoPlaneUndisclosed2024vcbacked.co
- LighterUndisclosed2024vcbacked.co
- CampfireSeries BFeb 2026linkedin.com
- BreezyPre-SeedFeb 2026cbinsights.com
Key people
Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.
- Meyer 'Micky' Malka · Founder & Managing Partner
- Nick Shalek · Partner
- Nikolay Kostov · Partner
- Jordan Angelos · Partner
- Sophia Lee · Team Member
- Manav Kohli · Team Member
- Matthew Tracey · Team Member
- Meyer Malka · Founder & Managing Partner
- Micky Malka · Founder
Sources
- Ribbit Capital — Official Website
- Ribbit Capital | Private Equity International
- Ribbit Capital Portfolio — CB Insights
- Ribbit Capital — Tracxn
- Ribbit Capital — VC Sheet
- Ribbit Capital — Crunchbase
- https://bfsi.eletsonline.com/ribbit-capital-to-raise-500-million-to-boost-fintech-investments/
- https://airdroplist.co/morpho
- https://www.junipersquare.com/blog/ribbit-capital-ai-thesis
- https://www.linkedin.com/company/ribbit-capital
- https://www.hrtechchina.com/tag/ribbit-capital/
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Frequently asked
What is Ribbit Capital?+
Ribbit Capital is a fintech-only VC firm founded in 2012 by Micky Malka, headquartered in Palo Alto, US. It's one of the most active fintech investors globally, with 328 investments, 35 unicorns, 16 IPOs, and notable early bets on Robinhood, Coinbase, and Brex.
Where is Ribbit Capital headquartered?+
Ribbit Capital is headquartered in Palo Alto, United States.
When was Ribbit Capital founded?+
Ribbit Capital was founded in 2012 by Meyer 'Micky' Malka.
What sectors does Ribbit Capital invest in?+
Ribbit Capital focuses on fintech, crypto. They primarily invest in these sectors.
How do I prepare for a meeting with Ribbit Capital?+
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