How to Find Investors for a Fintech Startup: Stage Mix, States and Fund Sizes
To find investors for a fintech startup, start from our list of 846 fintech investors and narrow it by stage, place and fund size. Seed is the stage they name most (584 of the 755 with a stage on file), ahead of pre-seed. 63% are in the US, where California leads with 189. The median fund on file from SEC Form D is $75M, well above the $50M for every investor we hold with such a figure.
Among the 39 sectors we can compare, fintech is one of 9 tied for the third highest median fund size on SEC Form D: $75M, against $50M for every investor we hold with such a figure. By type, the 846 are 711 VC firms, 31 fund managers, 25 angel networks, 20 SEIS or EIS funds and 18 corporate venture arms, with 41 of other types. The tags these investors most often carry beside fintech are SaaS and B2B software (639), AI (614) and healthtech and digital health (384).
What do fintech investors look for?
A financial technology pitch is read for two things other software is not: who holds the license, and who carries the risk. Investors ask how the product is allowed to operate, which bank or partner stands behind it, and what happens to the numbers when a loan defaults or a payment is reversed.
- Under whose license do you operate? Your own, a sponsor bank's or a partner's: each has a different cost and a different dependency.
- How do you make money on each transaction or account? Take rate, interchange and net interest are different businesses with different margins.
- What are your losses? For lenders and payment companies, fraud and credit losses are part of unit economics, not a footnote.
Which stage do fintech investors back?
Among the 755 of the 846 with a stage on file (a firm can state several), seed comes first with 584 (77%), then pre-seed (323), Series A (294), growth (214) and Series B (127). Set against every investor we hold, the group leans toward Series A: 39% name it here and 34% overall. With about three quarters naming seed, a seed round has the widest field on this list.
| Stage (our research) | Fintech investors | Share of the 755 with a stage on file | Share of all 846 on the list | Same share, all investors with a stage | Difference in points |
|---|---|---|---|---|---|
| Pre-seed fintech investors | 323 | 43% | 38% | 39% | +4 |
| Seed fintech investors | 584 | 77% | 69% | 75% | +2 |
| Series A fintech investors | 294 | 39% | 35% | 34% | +5 |
| Series B fintech investors | 127 | 17% | 15% | 14% | +3 |
| Growth-stage fintech investors | 214 | 28% | 25% | 28% | 0 |
Where are fintech investors based?
63% of the list is American: 534 of the 846 are in the US, 165 in the UK and 140 in the rest of Europe. Among the 526 US investors with a state on file, California holds 36% (189), in line with its 36% share of all US investors we hold. New York follows with 98 and stands out, with 19% of this group against 15% of all US investors, then Florida (34) and Texas (27).
| State | Fintech investors | Share of the 526 with a state on file | Share of all US investors | Difference in points |
|---|---|---|---|---|
| California | 189 | 36% | 36% | 0 |
| New York | 98 | 19% | 15% | +4 |
| Florida | 34 | 6% | 6% | 0 |
| Texas | 27 | 5% | 6% | -1 |
| Massachusetts | 26 | 5% | 6% | -1 |
| Illinois | 21 | 4% | 3% | +1 |
| Connecticut | 11 | 2% | 2% | 0 |
| Utah | 11 | 2% | 2% | 0 |
By city, counting the head offices of every type of investor, the largest groups are New York (85), San Francisco (62), Palo Alto (25) and Menlo Park (22).
| City | State | Fintech investors | Share of the 534 in the US |
|---|---|---|---|
| New York | NY | 85 | 16% |
| San Francisco | CA | 62 | 12% |
| Palo Alto | CA | 25 | 5% |
| Menlo Park | CA | 22 | 4% |
| Chicago | IL | 18 | 3% |
| Austin | TX | 18 | 3% |
| Boston | MA | 14 | 3% |
| Los Angeles | CA | 13 | 2% |
Metro area lists for this sector, each with its own row count: Fintech investors in the San Francisco Bay Area (140), Fintech investors in Silicon Valley (62), Fintech investors in Los Angeles (36), Fintech investors in Miami and South Florida (20), Fintech investors in Austin (18), Fintech investors in the Washington DC area (15).
The same investors as lists by region: Fintech venture capital firms in the US (525), Fintech investors in the UK (165), Fintech investors in Europe (140).
How big are fintech funds?
Across the 421 of the 846 fintech investors with a fund size from SEC Form D on file, the median is $75M, well above the $50M for every investor we hold with such a figure. About a quarter of these funds are under $25M and 44% are $100M or more. The figure is the fund as filed, not a check size, and a firm's main fund on our record, which is not always its newest; for 87 of the 421 the offering amount is indefinite, so it is the amount sold so far.
| Fund size on file (SEC Form D) | Fintech investors | Share | Share, all investors with a figure |
|---|---|---|---|
| Under $10M | 40 | 10% | 15% |
| $10M to $25M | 61 | 14% | 18% |
| $25M to $50M | 50 | 12% | 15% |
| $50M to $100M | 86 | 20% | 19% |
| $100M to $250M | 111 | 26% | 19% |
| $250M to $1B | 66 | 16% | 12% |
| $1B and over | 7 | 2% | 1% |
Which fintech investors can you look at first?
Fintech covers payments, lending, insurance, banking software and more, and few funds are equally at home in all of them. Keep the investors who have backed a company with your kind of license and your kind of risk. A fund with a regulated lender in its portfolio is likely to ask sharper questions.
The 6 firms below are among the free rows of our list of fintech venture capital firms in the US (525): each names the sector in its own description, and they stand in that list's order, by our activity score, which is no measure of quality.
Motive Venture
HQ: New York, New York · Type: VC firm · Stages (our research): Pre-seed, Seed, Series A, Growth · Latest activity: Form D filing, Aug 2026 · Fund size on file: $200M (SEC Form D, 2025)
Investors, operators and innovators in fintech and business services, spanning venture, growth and buyout across North America and Europe. Based in New York, NY.
Jump Capital
HQ: Chicago, Illinois · Type: VC firm · Stages (our research): Seed, Series A · Latest activity: New deal, Oct 2026 (our research) · Private fund assets: $456M (SEC Form ADV)
Chicago early stage venture firm investing in applied AI, AI infrastructure, cybersecurity and fintech, investing from its $350M eighth fund.
Valar
HQ: New York, New York · Type: VC firm · Latest activity: New deal, Sep 2026 (our research) · Fund size on file: $863M (SEC Form D, 2021)
New York venture firm investing globally in high-margin, fast-growing technology companies, with a portfolio weighted to fintech.
SixThirty Ventures, LLC
HQ: Clayton, Missouri · Type: VC firm · Stages (our research): Seed, Series A · Latest activity: New deal, Sep 2026 (our research) · Private fund assets: $134M (SEC Form ADV)
Venture capital firm investing in early-stage fintech, insurtech, privacy and digital health companies and connecting them with corporate institutions. Based in Clayton, MO.
Altai Ventures
HQ: Westport, Connecticut · Type: VC firm · Stages (our research): Seed, Series A · Latest activity: Form D filing, Oct 2026 · Fund size on file: $100M (SEC Form D, 2025)
Westport, CT specialist venture firm that backs and builds early-stage startups in financial services, including through incubation.
MissionOG
HQ: Philadelphia, Pennsylvania · Type: VC firm · Stages (our research): Series A · Latest activity: Form D filing, Sep 2026 · Fund size on file: $167M (SEC Form D, 2021)
Operator-led investor backing B2B companies, mainly in fintech, AI and software. Based in Philadelphia, PA.
Which US fintech investors filed with the SEC most recently?
212 of the 534 US fintech investors (40%) have a Form D filing dated in the 12 months to 6 Nov 2026, a first notice or the yearly amendment of an older fund, in line with the 38% for all US investors we hold. Our file of new fund notices for the 8 weeks to 6 Nov 2026 holds 46 from 32 of these investors, among them Quiet Capital, Draper Associates and Crystal Venture Partners.
| Investor | Location | Stages (our research) | Latest Form D filing | Amount on that filing |
|---|---|---|---|---|
| Quiet Capital | San Francisco, California | Pre-seed | 6 Nov 2026 | Not stated |
| GrayHair Venture Partners | Ridgewood, New Jersey | Seed | 4 Nov 2026 | $20M |
| Draper Associates | San Mateo, California | Pre-seed, Seed, Series A | 29 Oct 2026 | $40M |
| Crystal Venture Partners | New York, New York | Pre-seed, Seed | 28 Oct 2026 | $25M |
| Inspired | New York, New York | Seed | 27 Oct 2026 | $450M |
| Pear Ventures | Menlo Park, California | Pre-seed, Seed | 27 Oct 2026 | $9M |
| Multimodal Ventures | Naperville, Illinois | Seed | 23 Oct 2026 | $50M |
| K5 Global | Miami Beach, Florida | Pre-seed, Growth, Any stage | 21 Oct 2026 | Not stated |
What should a fintech founder have ready before the first email?
A financial product is asked about permission and risk before growth, so answer both first.
- The license or partner you operate under, with the name of the sponsor bank or processor.
- Revenue per transaction or per account, and fraud and credit losses to date.
- The compliance work done so far, and who on the team owns it.
Words fintech investors use
- Sponsor bank
- A licensed bank that lets a technology company offer accounts, cards or loans under its charter.
- Take rate
- The share of payment volume a company keeps as revenue.
- Interchange
- The fee a card issuer earns each time one of its cards is used.
- KYC
- Know your customer: the identity checks a financial firm must run on a new customer.
A common slip. Treating compliance as a later hire. Put it in the first email.
How do you reach fintech investors?
93% of the list has a named decision-maker on file (785 of 846, 4,135 names in all), above the 84% across the whole database. About two fifths have a firm email address (344), and 277 publish how they want to be pitched, such as a form or an application page.
Use a pitch route where a firm publishes one, and otherwise write to one named person at a time, starting from the free outreach email templates; the full list is Fintech investors, all 846 investors, one per row, the first 25 free to read, and the matching tool opens with fintech already picked.
This list has 846 rows and a single-list file covers up to 300, so its rows are sold inside the Global Bundle file.
One-time payment. No subscription. No account.
Or get the free sample file (100 investors) first.
Method and limits
- Source
- SEC Form D for filing dates and fund sizes; our own research (each firm's website, UK and EU registers) for stage, the sector tag and dated deals.
- Counts
- The 846 rows of the list this page links to, as of November 2026, set against all 4,178 investors we hold (3,019 in the US); a gap under 3 points is treated as none, and a rank compares the sectors that have a list on this site and at least 30 rows for the measure (10 for a median fund size).
- Limits
- 1,302 US firms have no sector on file, so the true number of fintech investors is higher; 755 of the 846 here have a stage on file and 421 a fund size from SEC Form D; what investors look for, which ones to keep, the words they use and what to have ready are our advice for this sector, not data about any one investor.
Questions
How do I find investors for a fintech startup?
Start from the list of 846 fintech investors, then filter by stage (584 of the 755 with a stage on file name seed), by place (36% of the US ones with a state on file are in California) and by fund size (the median fund on file is $75M).
What do fintech investors ask founders?
Under whose license do you operate? How do you make money on each transaction or account? What are your losses?
How big are fintech funds?
The median fund on file is $75M across the 421 fintech investors with a figure from SEC Form D, well above the $50M for every investor we hold with such a figure.
Can I contact fintech investors directly?
785 of the 846 have a named decision-maker on file and 344 a firm email address; 277 publish a pitch route, and where one exists it is the way in they ask for.
Guides for other sectors
How to find consumer products and CPG investorsHow to find consumer investorsHow to find ecommerce investorsHow to find edtech investorsHow to find proptech and real estate tech investorsHow to find climate tech investorsHow to find deep tech investorsHow to find hardware investorsHow to find impact investorsHow to find food and beverage investorsHow to find SaaS and B2B software investorsHow to find AI investorsHow to find healthtech and digital health investorsHow to find cybersecurity investorsHow to find gaming investors
Related
Fintech investors (846)Fintech venture capital firms in the US (525)Fintech investors in the UK (165)Fintech investors in Europe (140)Seed fintech investors (584)Pre-seed fintech investors (323)Fintech investors in California (189)Fintech investors in New York (98)Match fintech investors to your roundHow to build an investor listInvestor outreach email templatesHow many investors to pitchInvestor databases comparedWhat is in the investor database
Cite this page
Muhammad Tayyab Shabbir, "How to Find Investors for a Fintech Startup: Stage Mix, States and Fund Sizes", The Investor Database, 10 Nov 2026. https://theinvestordatabase.com/guides/how-to-find-investors-for-a-fintech-startup/