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NP

Nyca Partners

Venture Capital

Nyca Partners is a venture capital firm based in New York and San Francisco.

Portfolio

3

companies


Portfolio companies

Thought Machine

Thought Machine

Thought Machine develops cloud native core banking technology for financial institutions.

Fidel

Fidel

Fidel provides an API that connects developers to major card networks for real-time payment data.

F

Fluidly

Fluidly builds artificial intelligence software to help small businesses manage their cashflow.


Team

Hans Morris

Hans Morris

Managing Partner

Hans is Managing Partner at Nyca Partners, following roles including President at Visa and Chief Financial Officer at Citigroup.

LinkedIn
Sumeet Singh

Sumeet Singh

Senior Associate

Sumeet brings venture capital and investing experience from roles at Worldbuild, a16z, and Nyca Partners.

LinkedIn

Recent investments

Series C
£150M

Nyca Partners led the Series C round, which values the business at over $1bn and includes backing from several major global banks.

"We are delighted to have earned the support of our new and existing investors as we continue to move the world’s leading banks into the cloud. We set out to eradicate legacy technology from the industry and ensure that all banks deployed on Vault can succeed and deliver on their ambitions. These new funds will accelerate the delivery of Vault into banks around the world who wish to implement their future vision of financial services."
— Paul Taylor, Founder
Series A
£14.6M

The investment round was co-led by Nyca Partners and QED Investors to support international expansion and product development.

"Though the card networks have built extremely robust infrastructure, alternative payment methods are evolving and consumer choice will be driven by value. Our goal at Fidel is to supercharge innovation by empowering everyone in the ecosystem. By making it easy for developers to build on top of the infrastructure, the card networks stay relevant. By removing the barriers to entry for developers, applications can be brought to market more quickly. That drives value back to consumers, who get the same benefits and user experience they are used to receiving with other online services."
— Subrata Dev, Founder and CEO
Grant
£5.0M

The funding comes from Pool D of the Capability and Innovation Fund to support financial technology relevant to small and medium enterprises.

"Fluidly works to help SMEs sleep better at night, by providing control, certainty and confidence around cashflow. We’re thrilled to have been awarded this £5m grant by BCR to scale our impact and support for businesses."
— Caroline Plumb, CEO and Founder