Ribbit Capital
About Ribbit Capital
Fintech-focused venture firm.
Venezuelan entrepreneur Meyer "Micky" Malka founded Ribbit Capital in 2012. Before that he had started several financial services companies, including Banco Lemon in Brazil. The firm announced a $100 million debut fund with Malka as sole general partner. Malka is still managing partner. Nick Shalek and Nikolay Kostov are listed as general partners, and other partners and general partners appear on third-party directories. Ribbit's SEC filings show Ribbit Capital VI and VII. A January 2022 filing showed about $1.15 billion raised for the seventh fund. Its Form ADV reports about $20.8 billion in discretionary assets as of December 31, 2025. Ribbit does not publicly name a partner who leads AI investing.
Ribbit's mandate is financial services technology, and its AI deals tend to sit close to that theme or to the infrastructure beneath it. Valon, a 2026 Series D, is described as an AI-native operating system for regulated finance and applies AI to mortgage servicing. Other recent deals are broader, such as the AI software company Cognition and the robotics-software startup Enigma. Founders outside finance have been backed too. Public sources do not give a formal AI thesis from the firm.
Ribbit has invested from seed through growth and has led rounds, including Enigma's seed. The firm does not publish a check size range. Third-party directories give conflicting figures, so we do not state one. Founders should ask the firm directly.
- Cognition: AI software engineering company; Series D of $1B in May 2026, per the Lounge deals desk.
- Valon: AI-native mortgage servicing and regulated finance platform; $150M Series D in 2026, listed as led by Ribbit on the Lounge deals desk. Press coverage names Ribbit as a new investor in the round.
- Decagon: AI customer support company; Ribbit took part in a tender offer in March 2026, with terms undisclosed.
- Enigma: AI software and robotics company; $71M seed round in July 2026, listed as led by Ribbit.
- en.wikipedia.org/wiki/Ribbit_Capital
- lavca.org/ribbit-capital-debuts-with-100m-early-stage-fund
- finance.yahoo.com/news/fintech-focused-ribbit-capital-raises-233246912
- radientanalytics.com/firm/adv/ribbit-capital-165308
- parsers.vc/fund/ribbitcap.com
- techcrunch.com/2026/07/27/enigma-raises-70m-to-make-controlling-a-robo
- vcbacked.co/directory/investors/ribbit-capital/artificial-intelligence
- vcsheet.com/fund/ribbit-capital
Investing activity
Ribbit Capital appears in 5 AI deals tracked by the AI Lounge deals desk, rounds totalling $1.29B, and led 2 of them. The rounds are mostly Series D, Series B and Seed, with a median round size of $150M and the largest at $1B. The most recent are Nevis (Series B, $70M, Oct 2026), Valon (Series D, $150M, Oct 2026) and Enigma (Seed, $71M, Jul 2026).
Ribbit Capital most often invests alongside Andreessen Horowitz, Index Ventures, EQT Ventures and Sequoia Capital, and the companies it backs on AI Lounge are mostly in AI wealth management, AI fintech / mortgage servicing and AI.
Deals
Frequently asked questions about Ribbit Capital
Does Ribbit Capital invest in AI startups?
Yes. Recent rounds include Cognition, Valon, Decagon and Enigma, all in 2026. The firm's core focus is still financial services technology.
Who founded Ribbit Capital and when?
Micky Malka founded Ribbit Capital in 2012 and is its managing partner. The firm is based in Palo Alto, California.
How big are Ribbit Capital's funds?
Its first fund was $100 million. A January 2022 SEC filing showed about $1.15 billion for Ribbit Capital VII. Its Form ADV reports about $20.8 billion in assets under management as of the end of 2025.
What check size does Ribbit Capital write?
Ribbit does not publish a check size range, and third-party estimates conflict. Its 2026 AI deals range from a $71M seed round to a $1B Series D.
Does Ribbit Capital lead AI rounds?
Sometimes. The Lounge deals desk lists Ribbit as leading Enigma's seed and Valon's Series D. For Cognition and Decagon, the desk does not list Ribbit as lead.
What AI companies has Ribbit Capital invested in?
Ribbit Capital's AI investments include Nevis, Valon, Enigma and Cognition. The 5 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Ribbit Capital based?
Ribbit Capital is based in Palo Alto, US.
What stage does Ribbit Capital invest at?
In the rounds tracked on AI Lounge, Ribbit Capital has invested at Series D, Series B and Seed, with a median round of $150M. Ribbit Capital led 2 of those rounds.
Who does Ribbit Capital co-invest with?
Ribbit Capital's most frequent co-investors on AI Lounge are Andreessen Horowitz (2 deals), Index Ventures (2 deals), EQT Ventures (1 deal), Sequoia Capital (1 deal) and QuantumLight (1 deal).
How can founders reach Ribbit Capital?
Founders on AI Lounge can see Ribbit Capital's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Ribbit Capital to their Investor Pipeline to track the conversation.