Newid capital
North America, Virginia, United States, Alexandria
Description
Newid Capital invests internationally in growth-oriented financial services companies serving the underbanked.
Investor Profile
Newid capital has backed more than 10 startups, with 0 new investments in the last 12 months alone. The firm has led 2 rounds, about 20% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Convertible Note rounds (top funding stages).
- Majority of deals are located in United Arab Emirates, South Africa, Turkey.
- Strong thematic focus on Financial Services, FinTech, Banking.
Stage Focus
- Series A (40%)
- Seed (30%)
- Convertible Note (20%)
- Series B (10%)
Country Focus
- United Arab Emirates (20%)
- South Africa (20%)
- Turkey (20%)
- Nigeria (20%)
- India (10%)
- Kenya (10%)
Industry Focus
- Financial Services
- Fintech
- Banking
- Information Technology
- Mobile Payments
- Customer Service
- E-commerce
- Retail Technology
- Shopping
- Video Streaming
FAQ
Frequently Asked Questions
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