Fintech VC fund Triple Bubble has reached a $10 million in nine months, underpinned by the Commonwealth Bank’s venture scaler, x15ventures, as a cornerstone investor.
A slew of fintech founders and finance execs have chipped in, including WeMoney’s Dan Joveski, Caligra’s Grant Bissett and Nitro Software’s Chris Dahl and Tractor Ventures cofounders Matt Allen and Aprill Enright.
Michael Holm, founder of Balmain Corporation, and Henry Holm, Ryan Brosnahan and Kunal Rastogi from LGT Wealth Management, Techstars cofounder Brad Feld and Maxine Minter from Co-Ventures have also committed.
Triple Bubble was founded by Dom Pym, Brian Collins and Judy Anderson-Firth. Last year the fund signed strategic partnership with x15ventures.
The fund takes a stage-agnostic approach across three asset classes: private markets – from pre-product to late stage, secondary equities, and pre-IPO/public fintechs.
Pym, the founder of Up Bank and Euphemia, said the Investment Committee is now deploying capital, with investment announcements expected in coming months as the fund continues to seek investors with a goal of $50 million and final close by Easter 2028. Meanwhile, he added that it’s one of the toughest capital raising markets they’ve seen in the last decade.
“At Triple Bubble, it’s about more than just writing cheques – it’s about backing the right founders with the capital to scale, helping the big players actually connect with genuine innovation, and ultimately building a financial world that’s way more resilient for everyone,” he said.
“Australia and New Zealand are known for producing some of the world’s best known fintechs. But four-out-of-five Australian fintechs have no VC on their cap table, and Australian VCs own less than 4% of the local fintech market. According to Fintech Australia, almost one-third of fintechs say access to capital is their single biggest issue.”
