Better Tomorrow Ventures closes $140M, remains bullish on fintech

Better Tomorrow Ventures, a six-year-old venture capital firm, has closed its third fund with $140 million in commitments. This new fund is nearly the size of the firm's previous fund, which was raised during the fintech boom in early 2022. The firm's focus remains on investing in early-stage fintech startups, a sector that has seen significant growth and investor interest in recent years. The new fund will allow Better Tomorrow Ventures to continue its strategy of supporting innovative fintech companies at the seed and Series A stages. Despite the current economic climate, the firm remains bullish on the fintech industry, citing the ongoing need for financial services and the potential for new technologies to disrupt traditional banking and financial models. The firm's portfolio includes several successful fintech startups, and it is poised to leverage its expertise and network to identify and support the next generation of fintech innovators.