Venture Capital · Profile from Venture Capital Research Companion
Ribbit Capital
Micky Malka's small, fintech-only Palo Alto firm that has backed many of the defining consumer-finance and crypto companies of the 2010s (Robinhood, Coinbase, Credit Karma, Nubank, Revolut, Brex, Affirm) from a deliberately tiny team, and that bet earlier and harder than almost anyone on the idea that software would rebuild financial services worldwide.
At a glance
- Founded
- 2012, Palo Alto, California (first fund announced closed January 2013)
- Founders
- Meyer "Micky" Malka (sole founder)
- Headquarters
- Palo Alto, California; invests globally (US, Latin America, India, Europe, Southeast Asia)
- Ownership / structure
- Private partnership controlled by Malka; SEC-registered adviser; ~31 employees reported in 2024 filings
- Leadership (2026)
- Micky Malka (founder and managing partner); a small group of partners and investors (titles change and are not consistently published; verify current names)
- AUM / capital raised
- ~$12bn regulatory AUM reported (2024 Form ADV); flagship vehicles ranged from ~$100m (2012–13) to ~$1.15bn (2022); ~$800m Ribbit Capital X (2023); ~$500m Ribbit Capital Y in market (2025 Form D)
- Stage focus
- Series A and B historically, with heavy follow-on into growth rounds of winners; occasional seed and late-stage; fintech and crypto only
- Signature investments
- Robinhood, Coinbase, Credit Karma, Nubank, Affirm, Revolut, Brex, Root, Groww, CRED, PhonePe, Razorpay, Tinkoff, Bitso-era LatAm fintech, Walmart's ONE/OnePay; misses and failures: Root after IPO, Ribbit LEAP SPAC (liquidated 2022), passed on TransferWise (Wise)
10 deals and moves analysed
Each one gets a full strategy file in the companion: context, the decision, the financing, what happened, and the lesson.
2013
Coinbase
Series B
2013
Credit Karma
Series B
2015
Robinhood
Series B and 2021 Emergency Financing
2016
Root Insurance
Early-Stage Investment
2017
Revolut
Series B
2018
Brex
Early Rounds
2019
Groww
Series B
2020
Ribbit LEAP
SPAC Sponsorship
2021
ONE
Joint Venture Formation with Walmart
2023
PhonePe
Growth Round