Since launching the Interspace Index earlier this year, the fintech VC landscape has only grown more dynamic. Today I’m excited to add six standout firms to our public roster. From pre-seed vehicles to global titans with multibillion-dollar war chests, these additions underscore the varied backers of fintech innovation.

Interspace VC Index - Q2 2025 Additions
If there’s a household name in global fintech backing, it’s DST Global. Yuri Milner’s brainchild, spun out of the Mail.ru empire in 2009, oversees over $50B in assets. Their $4B 2021 fund has allowed them to discover and double down on winners like Chime, Robinhood, Nubank, and Stripe. Few firms wield that level of firepower or conviction.
Next up, Flourish Ventures operates on a thesis-driven model from eBay founder Pierre Omidyar. Their small global teams focus on Series A and occasional B, pursuing high-impact opportunities that blend mission and scale. Recent highlights include leading a Series B for Reserv and enabling BaaS with Unit.
Formation just launched their $25M inaugural fund and they’re already busy. Strada alum Solly Garber and Floodgate alum Leeor Mushin are writing the first checks ($600K–$900K) to pre-seed founders with big visions including companies like Project 11. Their playbook: cap the portfolio around 30 companies, lean in early, and stay aligned with teams building fintech’s next infrastructure layers.
Of course, Foundation Capital hardly needs an introduction in Silicon Valley. Now on Fund 11 ($600M) and managing $4B across investment partners, they split their thesis between financial services/crypto and enterprise AI/SaaS. Partner Nico Stainfeld, Zach Noorani & Gracie Zaro have been developing their new Fintech AI Build accelerator which is accepting fintech applications for equity-free, stocked with cloud credits from OpenAI to Anthropic, coast-to-coast workspace.
Vine Ventures brings a New York-Israel flavor to early-stage investing. Since closing a $140M second fund, the small team led by Eric Reiner, Dan Povitsky & Demren Sinik has backed founders with $1-$10M checks and continued to elevate companies beyond capital. Their portfolio includes marquee fintech: Carta, Ramp, MANTL and counting.
Finally, White Star Capital deepens our venture capital coverage. Since 2014, they’ve quietly grown to $1.4B in AUM and led Series A/B rounds for fintech and B2B SaaS including early investments into Percent, OatFi, and BoomFi. Their New York team combines ex-JPM tech bankers, quantitative analysts, and product-obsessed associates who scout the next wave of fintechs.
That’s a wrap for this quarter’s Interspace Index updates and here’s the full list - Interspace Index - Fintech VCs | Updated July 2025. Think we’ve missed a fintech VC? Reply here or DM me @heysamir_ on Twitter.
I’ll refresh the Interspace Index quarterly, sticking to our criteria: a primary focus on fintech, at least one fintech investment in the past year, or genuine community-builder credentials via founder nomination. Onward!