The Fintech Fund in the news
“Founded in 2022 by “This Week in Fintech” newsletter author Nik Milanović, The Fintech Fund invests in fintech companies globally at the pre-seed and seed stages.
Last September, the firm closed its second $10 million fund.
If founders are looking for hands-on investors, they’ll find it in The Fintech Fund.”
"Nik is a visionary in the fintech space, a great connector. He’s successfully created a unique flywheel between This Week in Fintech, the fund, a syndicate, and events that TWIF throws on FOUR continents! Between all this, he still has time to connect with everybody who asks for time, and is always open to lending an ear and positive attitude."
“Milanović has not only been an integral member of the growing global fintech community, he has helped build and grow it. In addition to publishing the newsletter, Milanović sponsors meetups all across the globe (from Mexico City to Lagos, Nigeria) so that thousands of fellow “fintech friends” — as he calls them — can network and get to know each other.”
“I believe we’re in what I like to call the “Empire Strikes Back” phase of fintech. The last decade was dominated by nimble startups stealing market-share from banks. But the incumbents have woken up to the fintech threat and have three powerful weapons in their arsenal: distribution, licenses, and low cost of capital. I think the next decade will be defined in-part by banks partnering with fintechs (rather than build or buy them – both expensive and counter-productive).”
“The raise for The Fintech Fund comes amid a challenging fundraising environment for emerging fund managers, with many of Milanović's peers opting out of a part two.
Driving the news: On par in size with its first fund, the second fund pitched investors on its ability to win deals and help young companies through the growing network of its sister organization, This Week in Fintech.
That franchise has grown to 125,000 newsletter subscribers, says Milanović, and hosts events in cities around the world including Dubai, New York, London, and Mumbai.”
“In a world where everyone has a supercomputer in their pocket and our data exhaust tells you everything about our lives, the most successful financial products will be those that move up the funnel to meet customers where they are(in texts, in whatsapp, etc.)”
“Nik has spent the last decade working in fintech and microfinance, and is one of the leading voices covering fintech globally. He has also been a key organizer in building the fintech community, bringing together fintech enthusiasts all over the world. Earlier this year, he closed the Fintech Fund, a venture capital fund focusing on early-stage fintech after many years as an active angel investor.”