Micky Malka founded Ribbit Capital in 2012 after a career spent building brokerages and banks rather than software companies - he helped build Patagon.com, which Santander acquired in 2000, then co-founded Banco Lemon, later acquired by Banco do Brasil. That regulated-finance operating background, rather than a conventional Silicon Valley career arc, is what made Ribbit the premier financial-services specialist in venture capital, backing category leaders globally from a first $100 million fund in 2013. The firm's public messaging has since broadened well past 'fintech' into global commerce, money movement, identity, data, energy, AI, and wealth management, but the through-line is unchanged: Coinbase, Nubank, and Robinhood are all Ribbit bets, and its March 2026 Form ADV reports approximately $20.78 billion in regulatory assets under management.
Nubank's 2021 NYSE IPO - Ribbit was an early backer of the Brazilian neobank, which reached a market capitalization of roughly $67.4 billion by July 2026