We back founders of the economic revolt - democratising access to capital, rethinking the way we transact, and rewiring the underlying infrastructure
Money makes the world go round - but as technology reshapes our financial systems, what will that money look like in the future?
We're witnessing an explosion of startups challenging convention in financial services. Europe will produce many winners, given its favourable regulatory environment and its large pool of consumers seeking better experiences.
We see opportunities across the fintech landscape. While banks and financial incumbents continue to struggle with legacy IT, we see an entirely new stack of delightful user experiences, delivered in best-of-breed products: faster, better, cheaper. New consumer brands are being built in important categories, and Europe enjoys regulatory tailwinds - not least as Open Banking and PSD2 accelerate innovation in payments.
Europe is also producing a rising cohort of SME-focused startups, serving unmet needs around invoicing, working capital finance and insurance. Specialised financial products are emerging for underserved participants in the economy, notably freelancers and gig workers.
Ever since Mosaic's first investment, our interests have extended beyond traditional financial services. The concept of 'money' itself is evolving, as crypto assets tip into mainstream adoption, and the DeFi ecosystem gathers momentum. In the long run, we believe that blockchains have the potential to create a paradigm shift in the way society understands stores of value.