Editor's Note: Financial Advisor is pleased to offer our readers our 3 Questions column, where we chat with a thought leader within a unique sector of fintech and ask them to answer questions about their company. We recently spoke with Woody Marshall, general partner of TCV. Founded in 1995, TCV provides capital to growth-stage private and public companies in the technology industry. TCV has invested over $13 billion in leading technology companies and has helped guide CEOs through more than 120 IPOs and strategic acquisitions.
NAME:
TITLE: General Partner
COMPANY: TCV
WEB ADDRESS: www.tcv.com
Woody Marshall has been working in the venture capital industry since 1995. He focuses on investments in the fintech, internet, and digital media & entertainment industries and currently serves on the boards of directors of GoFundMe, Newsela, Payoneer, Retail Merchant Services, Sojern, Spotify and Varsity Tutors, and is actively involved with Nubank.
1. How did you personally become involved in fintech?
I’ve been investing in fintech since the mid-1990s, when the term was coined at a conference in New York. I was at Trident Capital then, and the first internet banking websites were still in the future. We were focused on automating the banks themselves. With TCV over the last 11 years, I’m still looking for infrastructure plays but the sector has expanded to include a much broader range of opportunities. My recent fintech investments include Nubank, Payoneer, Retail Merchant Services and more.
2. What does your firm do/offer within the fintech sector?
We help founders and management teams scale their businesses in banking, payments, mortgage, insurance, asset management, specialty finance, and capital markets technology. We accomplish this by providing operational and strategic advice as well as access to our international resource network, including talent and M&A. TCV has invested over $1.5 billion in fintech companies since 1995, with the typical investment between $50 to $300 million.