Rex Salisbury's Cambrian Ventures raises new fund, bucking fintech slowdown

Rex Salisbury's Cambrian Ventures Raises New Fund, Bucking Fintech Slowdown In a market often characterized by uncertainty, particularly within the fintech sector, there's exciting news: Rex Salisbury's Cambrian Ventures has successfully raised a new $20 million fund. This achievement not only speaks volumes about Cambrian Ventures' performance but also underscores the continuing opportunity within fintech, despite perceived slowdowns. A Testament to Cambrian Ventures' Initial Success Cambrian Ventures' ability to secure this second fund is largely attributed to the strong performance of its initial fund. This first fund focused on backing early-stage fintech startups, and the success stories emerging from that portfolio have clearly resonated with investors. These early wins served as a strong foundation, providing the necessary momentum to attract further investment for the firm's future endeavors. Doubling Down on Fintech Innovation The new fund signals Cambr…