TLDR Tech / Fintech
Restive Ventures announces $45M Fund III to back AI-native financial services; targets $1T market opportunity
Restive Ventures has closed a $45 million third fund focused on backing AI-native financial services startups, signaling growing investor conviction that the next wave of fintech winners will be built around AI-first infrastructure rather than legacy software upgrades. The firm believes AI could unlock $1 trillion in new financial services revenue over the next decade, with startups scaling faster and more efficiently across areas like payments, commerce, and financial operations. Restive's strong early fund performance, including a recent OpenAI acquisition of portfolio company Hiro just months after launch, highlights how quickly value is being created as venture capital aggressively shifts toward agentic AI and autonomous financial systems.
Read the full story