FinTech Magazine July 2023 | Page 106

TOP 10 04

Sequoia Capital
Total investments : 1,807
Sequoia Capital is one of the most familiar names in venture capital , named after the towering specimen of tree that is iconic to the forests of California . The investment firm is based in Menlo Park – the same corner of Silicon Valley occupied by Facebook , which has acquired platforms moneyed by Sequoia including Whatsapp and Instagram . Other investments include Nubank , Stripe , Green Dot , Klarna and Block . Sequoia says it ’ s constantly on the lookout for “ daring ” entrepreneurs – and it has found over 1,800 of them since the firm was launched in the early-1970s .

03

Accel
Total investments : 1,921
Accel is an American venture capital firm that has been investing in companies for over 40 years . Big-name portfolio companies include Facebook , Spotify , Slack , Dropbox and Etsy . The investment firm has a pedigree in the fintech sector , too , investing in the likes of Flywire , Funding Circle , Genesis , Monzo and Venmo . Its investments span the full lifecycle of emerging businesses from seed stage to Series B and even Series C – almost 2,000 of them in total , culminating in over 350 successful exits .
106 July 2023