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Barclays opens up $30m fintech fund in London for female founders

European VC Anthemis to partner with British bank on investments and mentorship programme

Sonal Lakhani, global head of programmes and strategic initiatives at Barclays' group innovation office
Sonal Lakhani, global head of programmes and strategic initiatives at Barclays' group innovation office Photo: Barclays

Barclays is expanding its female-focused startup fund to Europe, partnering with venture capital firm Anthemis to accompany the effort with a London-headquartered mentorship programme.

The British bank will be the anchor limited partner of a $30m early-stage startup fund managed by Anthemis, with the cash solely invested in UK and European-based female fintech founders. All portfolio companies will automatically be enrolled into Barclays’ Female Innovators Lab, which will provide entrepreneurs with access to office space, mentorship and advisory services.

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