Rerail, an angel fund dedicated to fintech startups, has successfully raised a $20 million fund.
Founded by former Anthemis, Speedinvest, and Cocoa professional Anthony Danon, Rerail is aimed at supporting entrepreneurs who plan to leverage fintech as a strategic advantage. The fund will invest between $200,000 and $500,000 at the pre-seed and seed stages, focusing primarily on opportunities in Europe while remaining open to global prospects.
Danon emphasizes the broad applicability of fintech, stating, “Everything is fintech. I believe that fintech is a horizontal, not a vertical; it’s the support function of any market. From climate to healthcare and logistics, fintech underpins every industry. It can manifest as a revenue model (such as vertical SaaS or marketplaces), a target customer, or simply a business component. Rerail aims to invest in founders who can apply fintech beyond just fintech companies.”