Investments into fintech made by celebrities

26 December 2017

From senior executives to film actors and performing artists, fintech startups attract millions of dollars during their seed financing and series A, B, C funding rounds alongside with venture capital giants and corporate investors. Jared Leto, Snoop Dogg, Mc Hammer are just some of celebrities, who showed their interest to the fintech industry.

Max Levchin

Maksymilian Rafailovych “Max” Levchyn, a Ukrainian-born American scientist, a co-founder of PayPal, known for co-developing the payment system’s anti-fraud technology, was among the first investors into the ever getting popular peer-to-peer money transfer service, TransferWise, based in the United Kingdom. Max Levchin participated in the seed founding round that amounted to $1.3 million, along with  IA Ventures and Index Ventures, IJNR Ventures and other individual investors.

Max Levchin

Thomas Glocer

An American business executive and former CEO of Thomson Reuters, Canadian mass media and information company, and Reuters, a UK-based international news agency, invested into Trendrating, a startup dealing with analytics aimed at investment managers worldwide focused on stocks, currencies, commodities, ETFs, market indexes and sector indexes in the United States and global markets. Tom Glocer also invested into Coinbase, one of the largest cryptocurrency exchanges in the world in a series С fund raising round, which amounted to $75 million. At that time Glocer noted that making an investment in a fintech startup like Coinbase is “a better way to bet than investing directly in the currency.”

Thomas Glocer

Jared Leto

An Oscar-winning actor and singer loved by many fans worldwide, joined a list of individual investors during the Series A funding round held by Robinhood Markets Inc., a Palo Alto-based financial service company offering a mobile platform for individuals to trade stocks listed on U.S. stock exchanges without additional fees charged for transaction. The funding round was also joined by Snoop Dogg and Aaron Levie, a co-founder of Box cloud company. The list of investors also includes Linking Park and Nasir ‘Nas’ Jones, who is also an investor of Coinbase.

Jared Leto

Vikram Pandit and John Mack

Vikram Shankar Pandit, an Indian-American banker, former chief executive officer of Citigroup, participated in the $75 million series С funding round of Coinbase. He also made investment into the peer-to-peer lending platform, based in New York, Orchard Platform focused on providing data, technology solutions, and software for online lending industry. The list of investors also includes John Mack, a former chief executive officer of Morgan Stanley, as well as Hans Morris, a former president of Visa.

Vikram Pandit and John Mack

MC Hammer

Stanley Kirk Burrell, an American hip hop artist and dancer known by his stage name MC Hammer, joined the list of angel investors into the San Francisco-based financial services and mobile payments startup, Square, founded by Jack Dorsey, a CEO of Twitter. The names in the investor list of Square included also the name of Esther Dyso, a Swiss-born American journalist.

MC Hammer

Ashton Kutcher

Ashton Kutcher, an American actor and sex symbol for young spectators of early 2000s, is also known for his investment activity. He has a venture fund titled A-Grade Investments, which made investments into such companies as Uber, Spotify, Airbnb and Soundcloud. Kutcher was also an investor for ZenPayroll, a startup that currently has another name “Gusto”. Gusto is focused on offering cloud-based payroll, benefits and HR management solutions for businesses in the United States. The company deals with processing transactions for employees and contractors along with the electronic paperwork helping thus its corporate clients to remain compliant with the tax and other laws.

Ashton Kutcher

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