FinTech Investments

Check
Mobile billpay company
Location: Palo Alto, CA
Web: check.me
Previous Fund: Morgenthaler Ventures
Acquired By: Intuit (INTU)
Investment Lead: Rebecca Lynn

FutureAdvisor
Digital investment advisor
Location: San Francisco, CA
Web: futureadvisor.com
Acquired By: BlackRock, Inc. (BLK)
Investment Lead: Rebecca Lynn

Lending Club
Consumer-loans marketplace
Location: San Francisco, CA
Web: lendingclub.com
Previous Fund: Morgenthaler Ventures
Investment Lead: Rebecca Lynn
IPO: NYSE "LC"

Roofstock
Marketplace for single-family rental home investments
Location: Oakland, CA
Web: roofstock.com/
Investment Lead: Rebecca Lynn
Our FinTech Investing Approach
While we are a tight-knit partnership, often double-teaming on our investments, there is no doubt that Canvas Partner Rebecca Lynn is our resident FinTech expert.
Rebecca was the head of marketing and product at NextCard, the world’s first issuer of online credit cards. She is one of a few VCs on Sand Hill Road with in-depth consumer credit experience. Rebecca has leveraged her financial-services expertise into Series B investments in Lending Club (NYSE: LC), Check (sold to Intuit in 2014) and FutureAdvisor (digital wealth management).
The overall theme we like within FinTech is the “disintermediation of banks.” Lending Club connects borrowers and lenders directly. Check disintermediates banks in the area of personal financial management and payments. And FutureAdvisor is re-inventing wealth management.
Because we continually refresh our FinTech thesis and map the market—including tracking startups by specific FinTech categories like payments, next-gen FICO scoring, virtual currencies and more—we have a prepared mind and ready network to assist FinTech entrepreneurs.
We love helping our early-stage portfolio companies get things done—build their teams, hone the product-market fit, perfect customer-acquisition strategies, generate press, and form strategic partnerships.
FinTech News