Corviglia Capital Launches with $500M Fund Targeting Fintech Growth

On October 17, 2018, Corviglia Capital officially launched as a new European venture capital firm specializing in fintech growth equity, having raised a $500M maiden fund. The firm plans to invest between $10M and $50M per deal in fintechs that are disrupting traditional banking and financial services. Corviglia Capital will operate from offices in Berlin and London, positioning itself at the heart of Europe's two largest fintech ecosystems.

The fund's focus on growth-stage fintech companies indicates demand for capital to scale banking infrastructure, API-based platforms, and embedded finance solutions. The size of the maiden fund is notable for a first-time European fintech-focused manager, reflecting strong LP confidence in the sector's trajectory. The launch adds a significant new source of growth capital for European fintechs seeking to expand their banking-as-a-service and platform offerings.