September 17, 2020
3
MIN READ

The Best Fintech VCs According to the FinTech50 2020

Finance

It can be hard to figure out who's best to raise from. We looked at the data for fintech startups, so you don't have to!

Building a successful startup means getting the right people on your team and the right investors on the cap table. As a founder, it can be tough to know which funds really make the difference between good and great, so we decided to dig into the data for answers.

And what better place to start than looking at the investors that power the 2020 FinTech50?

About The FinTech50**

First drawn up eight years ago, the FinTech50 recognises the hottest European fintech startups out there. The ranking is drawn from more than 2,000 fintech startups across Europe by a panel of experts from banks, venture funds and industry.

This years’ FinTech50 is led by startups that have become household names like Revolut, Raisin and WeFox (and future household names, like Cledara - we made it too!). It represents more than $7 billion of investment into the fintech industry by 277 funds from across Europe and the world.

Which VC is the Best Fintech Investor in European Startups?**

So, if the point is to raise VC money to build a successful company, what better way than looking at which investors are best at backing and supporting the most successful fintech startups in Europe? To do that, we looked at all 70 companies named by the FinTech50 this year and looked at every fund that invested in every round to work out which fund backed the most companies in this year’s FinTech50.

Almost none of this year's FinTech50, Cledara included, would exist were it not for the early support of angel investors. We wanted to drill into funds for this post (stay tuned for a post about the most successful angels), but if you're curious Chris Adelsbach and Taavet Hinrikus would be top of the angel ranking.

A quick word for the results - we used Crunchbase data to complete this and only considered the first 5 funds to invest in a specific round. Most funding rounds have less than 5 new investors in the round so the data is likely to be reasonably good, but if you think your fund deserves a higher score, let us know at hello@cledara.com.

Contents

Contents

Subscribe to our newsletter

Receive the latest insights in your inbox

Share this post

Subscribe to our newsletter and stay informed on the latest SaaS insights

Explore more

Explore more

The 15 Top Podcasts for CFOs in 2024

Level up your knowledge as a finance professional with these 15 leading podcasts for CFOs.
Read more

9 Best Spend Management Software Solutions for 2024

Discover the best spend management software for your needs, with this detailed rundown of the tools on the market.
Read more

How to write a CFO report: 2 free examples

Assessing and communicating your company’s fiscal status is a key responsibility for finance leaders. Here are 2 CFO report examples to speed this up.
Read more

What does a great CEO-CFO relationship look like? 10 Tips

As a CFO, you’re the CEO’s right hand person. The company hinges on your working relationship—so here’s how to strengthen it.
Read more

7-Step Checklist to Improve Employee SaaS Onboarding

Here’s how to plan a super smooth employee SaaS onboarding: one that gives new hires an excellent first impression and sets them up to add value as soon as possible.
Read more

The Best Cap Table Management Software: 5 Options for 2024

Essential information on the 5 best cap management software tools for 2024, and why each one could be a great fit for your business.
Read more

Your First 90 Days as CFO: 11 Steps to Early Success

Your first 90 days as CFO at a new company set the trajectory of this chapter of your career. Here’s a checklist of how to play these valuable initial weeks for maximum impact.
Read more

The Top Subscription Analytics Software for 2024: ChartMogul vs Baremetrics

If you’re a CFO for a tech company, subscription analytics software will make your job a lot easier. Here’s a rundown of two of the best.
Read more

The Top Accounts Receivable Software for 2024: Upflow vs Chaser

Here’s everything you need to know if you’re in the market for accounts receivable software and want to make the best choice, with a focus on Upflow and Chaser, two leading options.
Read more

10 CFO Performance Metrics: What Makes a Great Finance lead?

These 10 performance metrics indicate a great CFO. Fulfil these criteria, and you’re on track to lead your business to financial success. 
Read more

How Scaleups Can Maximize Software ROI in 2024

Wondering how to improve software ROI for your company? In this post, you’ll learn everything you need to know to drive maximum ROI from software investments.
Read more

A Comprehensive Guide to Key Performance Indicators for CFOs

Here’s 23 KPIs CFOs should track in order to gain a full overview of their business’ financial health.
Read more

14 Smart Strategies to Reduce IT Costs as a CFO

Software is typically a company’s second biggest expense after payroll, so here are 14 actionable ways to get your spending under control and reduce IT costs.
Read more

10 Must-Have Software Tools for CFOs

According to Cledara’s data, these software tools for CFOs are absolutely invaluable. Save time, reduce errors and increase compliance with these programs.
Read more

The Complete Guide to Forecasting SaaS Costs for 2024

As we enter 2024, accurately forecasting SaaS costs is more critical than ever for CFOs. With tightened funding, volatile markets, and increasing SaaS expenditures, getting your 2024 projections right has major implications. This comprehensive guide equips you with the key strategies to master SaaS cost forecasting.
Read more