Nyca Partners Raises $125 Million Fund to Back Fintech Startups

[kreslik.news]

New York-based Nyca Partners, which was set up by former Visa Inc President Hans Morris, today announced the successful closing of its latest venture capital fund with more than $125 million, as the Silicon Valley VC firm looks to continue investing in early-stage U.S. fintech startups.

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The new fund, dubbed Nyca Investment Fund, has 10 institutional investors and 29 limited partner advisers including Brian Finn, former president of Credit Suisse First Boston, Tom Miglis, former COO of hedge-fund firm Citadel LLC, and Neal Wolin, ... (read more)