QED Investors was founded in 2007 by Nigel Morris and Frank Rotman, who met at Capital One and helped take it public in the 1990s before deciding fintech needed a specialist investor built by former financial-services operators rather than generalist technology investors. That operational lens shows up directly in QED's hands-on model, which leverages decades of credit-risk, lending, and portfolio-management experience to help founders navigate regulatory and unit-economics challenges most VCs can't meaningfully advise on. The firm has backed more than 250 portfolio companies across 27 countries, including 31 unicorns, with Credit Karma's $7.1 billion sale to Intuit and Nubank's 2021 NYSE IPO - where Morris sat on the advisory board - among its clearest signature outcomes.
Credit Karma's December 2020 acquisition by Intuit for $7.1 billion - co-founder Frank Rotman's most notable investment to date