Vidici Ventures

Investor - Venture Capital

Overview

Vidici Ventures is the leader in FinTech growth investments in the Nordic Region. The company invests in disruptive FinTech companies to change the industry.

Country: Sweden

Founded: 2012

Headquarters: Stockholm, Sweden

+46 (0)8 - 55 11 22 00

Investment Strategy

Geography

  • Europe

Sector Focus

  • Marketplace Lending
  • WealthTech
  • RegTech
  • Payments and Remittances
  • Data and Analytics

Investment Stage

  • Growth Stage

Summary

Vidici Ventures consists of a team of financial professional with extensive entrepreneurial and investment experience. After their success with Lendify, in 2016 the company switched their investment focus solely within the FinTech space.

Vidici Ventures are currently managing one fund, Vidici Fund 1. The funds main scope is start-ups within the FinTech industry. The fund has shown great growth over the years. The goal is to deliver a 25 % return per year to the investors. The last EVCA-valuation, december 2015, valued the fund at SEK 93 321 102.

The team at Vidici believes that there are several areas with high growth potential:

Lending

Peer-to-peer lending have proven to be a growing market and we believe that it is just the begining. We have previously invested in Lendify but are looking at other possibilities within the area. One area within the lending space that is interesting is loans to SMEs. Following the global crisis of 2007-2008 loans to SMEs have been exposed to higher regulations and capital costs which have created a growing demand for financing.

Wealth Management

Insurance – Just like the big banks, the insurance companies are large ineffective cash-cows. By using a shareconomy approach you can access a huge market quite effectively and create a good consumer-focused service.

Credit scoring/assessment – The key in credit scoring/assessment is to find the best way to use global sources.

Fraud protection and security –This is a growing demand that will be more and more important in the technological development in many industries, especially TinTech, and is therefore an area in which there will be profitability

FX

RegTech – For companies active in regulated markets compliance is a big part of the day-to-day operations and therefore costly. Within RegTech the aim and benefits are to support innovation by better manage regulatory requirements, develop advanced data analytics capabilities and of course to reduce the costs of compliance.

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Investments

Date

Name

Size

Round

Co-Investors

Sector

Country

2015

Lendify

Not Disclosed

Marketplace Lending

Sweden

Funds Raised

Vintage

Fund Name

Amount

2015

Vidici Fund 1

SEK 45.6m

Key Employees

John-Christian Eriksson
Managing Partner

Robin Egerot
Junior Investment Manager