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The 2016 Fintech Finance 35: Meyer (Micky) Malka

< Fintech's Most Powerful Dealmakers of 201611. Meyer (Micky) MalkaGeneral PartnerRibbit CapitalLast year: 9

A native of Venezuela who took an entrepreneurial route into fintech financing, Meyer (Micky) Malka says Ribbit Capital is prepared for an environment in which “it is harder to grow companies” — what he terms “a natural part of the cycle” — because the firm is able to venture far afield, geographically and by sector. “We did Brazil when no one was in it,” says Malka, pointing to the firm’s investment in accounting software provider ContaAzul. “We’ve doubled down” in that Latin American country, he adds, with Ribbit increasing its position in personal financial management platform GuiaBolso and financing student lender Ideal Invest. The now-$460 million portfolio also includes Berlin-based Raisin, which offers above-market interest rates on savings deposits, and Cheddar, which streams financial news and other video content from New York’s Flatiron Building and other locations for the Millennial demographic. “Cheddar generates more views than CNBC,” says Malka, who after starting and selling two companies in Venezuela co-founded Bling Nation, a mobile payments company that was renamed Lemon in 2011 and sold to LifeLock for $50 million in 2013. Sensing opportunity in the emerging fintech sector, Malka launched Palo Alto, California–based Ribbit in 2012, taking the name from the sound a frog makes, to convey the notion of leapfrogging. “We like companies building consumer financial brands that bring massive transparency and value-add to the consumers,” says the 42-year-old managing partner. He believes opportunities abound in start-up firms in money management — a potential $10 billion market. “Finance is a commodity industry; you’re not inventing anything new,” he says. “The channels and the way you communicate are what’s new.”

 The 2016 Fintech Finance 35 Click below to view profiles
1. Jonathan KorngoldGeneral Atlantic2. Matthew HarrisBain Capital Ventures3. Jane GladstoneEvercore Partners4. James Robinson III & James
Robinson IV
RRE Ventures5. Steven McLaughlinFinancial Technology Partners6. Amy Nauiokas & Sean ParkAnthemis Group
7. Richard Garman &
Brad Bernstein
FTV Capital8. Gerard
von Dohlen
Broadhaven Capital Partners9. Darren CohenGoldman Sachs Group10. Hans MorrisNyca Partners11. Meyer (Micky) MalkaRibbit Capital12. Maria GotschPartnership Fund for New York City
13. Barry SilbertDigital Currency Group14. Jay ReinemannPropel Venture Partners15. Mariano BelinkySantander InnoVentures16. Justin Brownhill & Neil DeSenaSenaHill Partners17. François RobinetAXA Strategic Ventures18. Vanessa ColellaCiti Ventures
19. Michael SchleinAccion International20. Kenneth MarlinMarlin & Associates21. Rumi MoralesCME Ventures22. Alastair (Alex) RampellAndreessen Horowitz23. Steve GibsonEuclid Opportunities24. Fabian VandenreydtSWIFT
25. Vladislav SolodkiyLife.SREDA26. Gardiner Garrard IIITTV Capital27. Nektarios LioliosStartupbootcamp Fintech28. Lawrence WintermeyerInnovate Finance29. Bina KalolaBank of America Merrill Lynch30. Hyder JaffreyFintech Innovation
31. Calvin ChoiAMTD Group32. Janos BarberisFinTech
Hong Kong33. Jalak JobanputraFuture Perfect Ventures34. Sopnendu MohantyMonetary Authority of Singapore35. Oskar Mielczarek
de la Miel
FinTech Fund