The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Non-bank aid to e-finance

According to Mark Gormley, a partner with Capital Z Partners, very few venture capital Wrms focus on e-Wnance and, apart from the securities Wrms and banks themselves, Capital Z is the only one in Europe that deals exclusively with it.


       
Mark Gormley: systems neglected in Europe

Capital Z has primarily focused on enabling technologies and products that can be immediately utilized by the Wnancial sector. "We don't want to be in any business where we have to change people's mindsets," says Gormley. "For anything where you have to change either the consumer's mindset or a business's way of doing things, we're Wnding the adoption rates are slow and the cash burns are high. To us, those are diYcult investments to make, so what we're looking to invest in is businesses that these big Wnancial institutions can use to improve and help their business."


One such company Capital Z recently backed is MPower, an electronic advisory service.



You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree