NYCA Partners, a New York based venture capitalist firm, announced its closing of the latest venture capitalist fund (125 million dollars) aimed at backing financial technology startups. The company continues to seek out the latest Silicon-Valley startups to make a quick penny in such an aspiring industry. Following its initial $30 million backing in 2014, the firm has continued its growth while providing financial support for a number of companies, including a few public ones. The first wave of financial technology was focused on building brand name products and services, but now the hype is around partnering with local startups to find the newest technology.<\/p>\n
I find this topic very interesting and relevant given how common startups are around the Silicon Valley. The upward trend in large investments is very fitting given how much such technologies and ideas can sell for. While, the article did not go into specific details about the companies they have backed in the past, I am interested to research the sort of returns that its investors have received.\u00a0While, 125 million dollars may sound like a lot, I expect this number to keep rising at exponential rate in the next few years.<\/p>\n
<\/p>\n
http:\/\/www.reuters.com\/article\/nyca-fundraising-idUSL1N1FH01U<\/p>\n","protected":false},"excerpt":{"rendered":"
NYCA Partners, a New York based venture capitalist firm, announced its closing of the latest venture capitalist fund (125 million dollars) aimed at backing financial technology startups. The company continues to seek out the latest Silicon-Valley startups to make a quick penny in such an aspiring industry. Following its initial $30 million backing in 2014, … Continue reading Venture Capitalist Partners Raise $125M to Back Fintech Startups<\/span><\/a><\/p>\n","protected":false},"author":1798,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"qubely_global_settings":"","qubely_interactions":"","kk_blocks_editor_width":"","_kiokenblocks_attr":"","_kiokenblocks_dimensions":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-691","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"gutentor_comment":2,"qubely_featured_image_url":null,"qubely_author":{"display_name":"tmacdonald","author_link":"https:\/\/blogs.scu.edu\/finis\/author\/tmacdonald\/"},"qubely_comment":2,"qubely_category":"Uncategorized<\/a>","qubely_excerpt":"NYCA Partners, a New York based venture capitalist firm, announced its closing of the latest venture capitalist fund (125 million dollars) aimed at backing financial technology startups. The company continues to seek out the latest Silicon-Valley startups to make a quick penny in such an aspiring industry. Following its initial $30 million backing in 2014,…","post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/users\/1798"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/comments?post=691"}],"version-history":[{"count":1,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/691\/revisions"}],"predecessor-version":[{"id":692,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/posts\/691\/revisions\/692"}],"wp:attachment":[{"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/media?parent=691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/categories?post=691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.scu.edu\/finis\/wp-json\/wp\/v2\/tags?post=691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}