Cambrian Ventures Defies Fintech Slowdown with Second $20M Fund

Rex Salisbury’s Cambrian Ventures raises a second $20M fund, proving fintech is far from finished.
Matilda
Cambrian Ventures Defies Fintech Slowdown with Second $20M Fund
Cambrian Ventures fintech fund bucks the slowdown trend In an era where fintech funding appears to be cooling off, Cambrian Ventures fintech fund is rewriting the script. Led by solo general partner Rex Salisbury, Cambrian Ventures just closed its second fund—another $20 million round—proving there’s still serious investor belief in early-stage fintech. This is no small feat, especially as 2025 has seen fundraising for emerging VC managers drop to a decade-low, according to PitchBook. But Salisbury’s track record and deep roots in the fintech ecosystem have kept confidence high. Despite the prevailing narrative that fintech has lost its sheen, Salisbury insists that “only 1% of global financial services revenues has been captured by fintech,” underlining the massive opportunity that still lies ahead. Image Credits:Cambrian Ventures Rex Salisbury’s fintech roots power Cambrian’s strategy Salisbury isn’t new to fintech—and that’s a big part of Cambrian Ventures’ appeal. His journey began in…