Ribbit Capital, which raised $100m for its debut fund from limited partners including financial services firms BBVA and Silicon Valley Bank in January, has co-led a $30m round in Credit Karma, an online personal credit tracking service.
Susquehanna Growth Equity, the private equity division of financial group Susquehanna, joined Ribbit in the series B fundraising.
They were joined by return backer Felicis Ventures.
Businessman Meyer “Micky” Malka (pictured), who founded or invested in Bling Nation, Meck, Banco Bracce, Peixe Urbano and Wonga, leads Ribbit, which means ‘interest’ in Hebrew, while Nick Shalek, former entrepreneur and investment director at Yale University’s endowment, is also a partner.