Oak HC/FT led the Series B round to support European expansion and technology development.
"The moment has come to open up and professionalise the European residential market."
Oak HC/FT is a US-based venture and growth equity fund focused on healthcare and fintech.
Portfolio
2
companies
AUM
£1.9B
under management
IMMO
Residential real estate investment platform streamlining property acquisition for institutional investors.

Rapyd
Rapyd provides a global fintech as a service platform powering local payments.
Tricia Kemp
Co-founder and Managing Partner
Tricia brings extensive venture capital experience, having co-founded Oak HC/FT and previously served as a venture partner at Oak Investment Partners. Earlier, she held senior executive roles at Cendant.
LinkedInDan Petrozzo
Partner
Dan is CEO and founder at Valence, and previously served as a partner at Oak HC/FT. He also holds advisory and board roles across several companies including Anjuna Security, Ocrolus, Pagaya, and Sure.
LinkedInOak HC/FT led the Series B round to support European expansion and technology development.
"The moment has come to open up and professionalise the European residential market."
Coatue led the Series D round, which will fund platform expansion and strategic acquisitions.
"The demand for online payments has skyrocketed following the restrictions due to the effects of COVID, and as a company, we are well placed to provide businesses across the globe with the solutions they need and to get them up and running fast,"
Oak HC/FT led the financing round, which will fund network expansion and product development.
"Global commerce is at a critical inflection point as businesses are pressed to launch new applications, process and accept local payment methods, disburse funds, and manage risk and compliance so they can offer highly localized customer experiences without having to build their own infrastructure. The expectation today is that this must happen around the world in order to drive growth into new markets. As more than half of all transactions worldwide are facilitated via bank transfers and cash, merchants find it increasingly difficult to digitally enable local payment methods and process cross-border sales that are required for international expansion."