Better Tomorrow Ventures closes $140M, remains bullish on fintech

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Sheel Mohnot, co-founder and general partner of Better Tomorrow Ventures (BTV), has one simple answer for anyone claiming that investing in fintech has lost some of its attractiveness.

“The world of finance is huge. About 20% of global GDP is financial services, and it’s still not digital enough,” he told TechCrunch.

Many financial transactions are still handled manually, and Better Tomorrow Ventures — led by Mohnot (a former general partner at 500 Startups) and NerdWallet co-founder Jake Gibson — aims to help change that.

“The…



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Better Tomorrow Ventures closes $140M, remains bullish on fintech


Sheel Mohnot, co-founder and general partner of Better Tomorrow Ventures (BTV), has one simple answer for anyone claiming that investing in fintech has lost some of its attractiveness.

“The world of finance is huge. About 20% of global GDP is financial services, and it’s still not digital enough,” he told TechCrunch.

Many financial transactions are still handled manually, and Better Tomorrow Ventures — led by Mohnot (a former general partner at 500 Startups) and NerdWallet co-founder Jake Gibson — aims to help change that.

“The…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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