Rerail is the pet project of formmer Anthemis, Speedinvest and Cocoa alum Anthony Danon.
The new fund, which is backed by an array of founders and operators, will invest $200-500k at pre-seed/seed into entrepreneurs looking to utilize fintech as a strategic advantage, with a skew to Europe, but also with an eye on global opportunities.
“Everything is fintech,” says Danon. “I believe that fintech is a horizontal, not a vertical; the support function of any market. From climate to healthcare and logistics, fintech supports every market. Fintech can also be a revenue model (e.g. vertical SaaS, marketplaces), a target customer, or just a business component. Rerail seeks to invest in founders that can utilize fintech not in fintech companies only.”