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Although world events continue to have a significant effect on our human, political and economic landscape FISV are moving into May with a a healthy dose of optimism. Over the past few months we have been busy supporting our portfolio companies with over half having developed partnerships with Fidelity, firmly cementing our mission to join the dots.

We were grateful to be able to host our portfolio founders for our inaugural Founders Summit where we adopted the theme of Mindful Growth and took the opportunity to celebrate their achievements having collectively raised over $1bn in the past 12 months. A number of intra-portfolio collaborations has given us further confidence in the ecosystem we are building and our focus on growing mindfully and sustainably led us to launch our first portfolio ESG survey and a series of workshops related to the scale-up journey.

Funding News


FISV Lead Moneybox's £35m Series D

In April we were excited to lead Moneybox's £35m Series D round to help make savings and investments accessible to all! The funding comes off the back of Moneybox, tripling its AUA to £3bn across its 800,000 customers with proceeds being used to expand its investment offering, including crypto and financial planning. Charlie Mortimer, Ben Stanway and the team have taken the business from strength to strength and we look forward to supporting them with their next phase of growth. Find out more about how you can be part of the next crowdfunding below!


PrimaryBid raise $190m in Series C funding

In February, PrimaryBid raised $190m to double down on making it easier for ordinary people to invest in IPOs and follow-on fundraises. SoftBank, via its Vision Fund 2, led the round, a Series C, along with follow-on participation from FISV and previous investors LSE, Draper Esprit, OMERS Ventures, ABN AMRO Ventures, Pentech and Outward VC. The capital will be used to further fuel their growth and international expansion plans. We are delighted to be part of the journey. TechCrunch reports more here.


FISV Founder Summit

On 22.03.22 FISV welcomed our portfolio founders for an opportunity to get to know one another and hear from subject matter gurus on topics spanning go-to-market, board effectiveness, leadership team development, fundraising and mindful growth. Fidelity International’s CEO Anne Richards and Chair Abigail Johnson delivered inspiring speeches and we enjoyed a lively soiree at The Victorian Bath House with a fabulous magician and fortune teller revealing all about our future moonshots!

Thoughts and Perspectives


Why Fidelity partnered with PE fintech Moonfare

Fidelity’s Christian Staub and Moonfare CEO, Steffen Pauls discuss the benefits of their partnership in bringing Fidelity clients access to invest in private equity funds on the Moonfare platform. Listen here.


Micro Habits and Mindfulness

FISV hosted a workshop on Micro habits and Mindfulness with Dr Judson Brewer and learned how to hack our brain’s reward system to change habits. We came away with a three step framework and some useful tips on how to ditch those unhelpful vices that keep us us from performing at our best. You can check it out here.


ESG Survey

FISV launched its first ESG survey in partnership with ESG_VC to provide a tangible ESG score and a list of key areas to address to improve ESG performance. Find out more here.


Shaping the Future of Wealth Management

Alokik talked about the Key Trends Shaping The Future of Wealth Management. Listen here.


One view to rule them all: Buy side firms seek to unify their data

Fidelity International’s Yugo Ashida and Alokik Advani were interviewed by Waters Technology on our partnership and investment in Finbourne and the struggle asset managers face in relation to consolidating their data. Read more here.

New Appointments

Alpima appointed Rafael Febres Cordero as Executive Chair. Based in Boston, Rafael Febres-Cordero is an experienced advisor, entrepreneur and builder of digital business models with over 25 years’ experience in the asset and wealth management industry, notably with Fidelity Investments and Fidelity International.
DriveWealth appointed Gayathri Rajan as CPO and Harshal Deo as CTO to lead their product and engineering teams. Gayathri joins following 16 years at Google building world-class platforms and products and having founded Google’s payments platform. Harshal joins after a combined 16 years working at eBay and PayPal where he pioneered the use of AI for fraud detection.
Moneybox welcome Smith Forte as Executive Advisor, Product and Caroline Murphree as MD, Savings, Investing and Retirement. Smith is a digital product builder, mentor and coach who served as CPO for Acorns and Varo Bank in the US; both startups seeking to democratise access to financial systems through digital solutions. Caroline was most recently the CEO of Wealthsimple Europe, a leading digital investing company with prior experience at McKinsey.
John Tsang, Hong Kong’s ex-finance chief joined Stashaway as an advisor having spent more than three decades working in the civil service and consistently been a strong advocate of financial education.
Amy Paredes joined Capdesk as Sales Director responsible for BD, partnerships and sales across EMEA. Previously at Trint, she has 7+ years of experience in SaaS B2B/B2C sales, global go-to-market strategies and customer success.
Saurabh Pandey joined Kuvera as Chief Marketing Officer with over 20 years of experience in designing and leading innovative and integrated marketing programmes for The Better Home, Britannia, Schneider Electric Practo and more.


FISV was represented at a recent Fidelity Velodrome Event in aid of The Atlas Foundation charity which supports children who are from disadvantaged backgrounds, giving them the opportunity to thrive in life. Some highly respectable performances were logged (but no one will be quitting their day job just yet!)
To celebrate International Women’s Day we asked some inspirational leaders from our portfolio about the role that gender played in their careers. While there remain opportunities to #breakthebias we have highlighted some of the great progress made by #femalefounders and innovative initiatives we are seeing in the pursuit of equality here

Portfolio Updates

Both Finbourne and SteelEye scooped up awards at The With Intelligence HFM European Services Awards 2022 being recognised as Best data management solution and Best regtech solution respectively. A huge congratulations!

A partnership between Capdesk and Fidelity was cemented to enable the transition of share plans from private to public markets in Europe. Read more here

At the end of January, Moonfare launched in the US further consolidating its role as a global alternative asset manager. Find out more here
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