Anthemis Group Plans To Raise $100 Mln Venture Capital Fund

Anthemis Group, the leading digital financial services venture capital and strategic advisory firm is in the process of raising a $100 million venture capital fund. The fund will support nascent companies, following a string of successful deals in the fintech sector, accroding to an exclusive report from Financial News. 

The Group announced earlier this month its plans to expand its presence in North America with the opening of a New York office effective 1st January 2016.  The new Anthemis New York offices will be located in Soho, at 142 Greene Street.

According to the press release, the office will be led by Tom Ryan who has been appointed as Head of North American Operations. Ryan will be reporting to Nadeem Shaikh, founder and CEO of Anthemis Group.

“Anthemis has built an investment portfolio that includes a who’s-who of top financial start-ups, and a client base of global institutions that rely on our creativity and foresight to adapt to the digital age of financial services. Tom’s experience in building digitally native businesses and products and relationships in the U.S. will be key to our continued growth and momentum”, said Shaikh.

Anthemis at present advises clients across Europe and Asia and includes a considerable number of U.S. companies in its investment portfolio, such as Betterment in New York, Trov and Automatic in San Francisco, Payoff in Los Angeles, Blueleaf in Boston and Simple Bank in Portland, which sold to BBVA in 2014.