Ribbit Capital Announces $100 Million Fund For Payments Companies

Ribbit Capital, a new Silicon Valley fund created to invest in payments companies, has announced it has a $100 million fund, according to All Things D.

Ribbit has already made four early-stage investments in the likes of Borro, Fuze Network, ContaAzul and Capital Access Networks. Ribbit founder Meyer Malka has also founded mobile wallet company Lemon and mPayments company Bling Nation. 

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