Nigel Morris

Last updated

Nigel Morris
BornJune 1958 (age 65)
Billericay, Essex, England
Education Lancaster Royal Grammar School
Alma mater North East London Polytechnic
London Business School
OccupationBusinessman
Known forco-founded Capital One with Richard Fairbank
TitleManaging partner, QED Investors
SpouseMarried
Children4

Nigel William Morris (born June 1958) is a British businessman. He is the managing partner of QED Investors and co-founded Capital One Financial Services with Richard Fairbank. He is also part of the ownership group of Welsh football club Swansea City.

Contents

Early life

Nigel William Morris was born in Billericay, Essex, the son of an army sergeant, [1] in June 1958. [2] He grew up in London. [3]

With an army father, and moving around the country, Morris went to 11 different schools, ending up at Lancaster Royal Grammar School. [1] Morris earned a bachelor's degree in psychology from North East London Polytechnic, followed by an MBA from London Business School, [1] [3] where he is also a Fellow. [4]

Career

Morris is the co-founder and managing partner of QED Investors, [5] a venture capital firm focused on high-growth financial technology companies (Fintech) [6] . In addition, he works in an advisory capacity with personalized prepaid debit card provider CARD.com, General Atlantic Partners and Oliver Wyman Consulting.[ citation needed ] He is on the board of for-profit companies, including Remitly, Red Ventures, CAN Capital, Media Math, borro, and Prosper. [7] He is also on the boards of National Geographic, [8] ideas42, and the London Business School.[ citation needed ]

Previously, Morris co-founded Capital One Financial Services in 1994. [9] During Morris's ten-year tenure, Capital One's net income after taxes (NIAT) grew at a compound annual rate of more than 32%.

In 2023, Morris joined Swansea City's ownership group. [10]

Personal life

Morris lives with his wife and four children in Virginia, US. [3]

Related Research Articles

<span class="mw-page-title-main">Venture capital</span> Form of private-equity financing

Venture capital (VC) is a form of private equity financing that is provided by firms or funds to startup, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the companies they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology.

<span class="mw-page-title-main">Accion International</span> International nonprofit organization

Accion is an international nonprofit. Founded as a community development initiative serving the poor in Venezuela, Accion is known as a pioneer in the fields of microfinance and fintech impact investing.

Prosper Marketplace, Inc. is a San Francisco, California-based financial services company. Prosper Funding LLC, one of its subsidiaries, operates Prosper.com, a website where individuals can request to borrow money, open a credit card, or invest in personal loans.

Peer-to-peer lending, also abbreviated as P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders with borrowers. Peer-to-peer lending companies often offer their services online, and attempt to operate with lower overhead and provide their services more cheaply than traditional financial institutions. As a result, lenders can earn higher returns compared to savings and investment products offered by banks, while borrowers can borrow money at lower interest rates, even after the P2P lending company has taken a fee for providing the match-making platform and credit checking the borrower. There is the risk of the borrower defaulting on the loans taken out from peer-lending websites.

<span class="mw-page-title-main">Tom Glocer</span> American businessman

Tom Glocer is an American business executive and the former CEO of Thomson Reuters and Reuters.

LendingClub is a financial services company headquartered in San Francisco, California. It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission (SEC), and to offer loan trading on a secondary market. At its height, LendingClub was the world's largest peer-to-peer lending platform. The company reported that $15.98 billion in loans had been originated through its platform up to December 31, 2015.

<span class="mw-page-title-main">Insight Partners</span> American investment manager

Insight Partners is a global venture capital and private equity firm that invests in high-growth technology, software, and Internet businesses. The company is headquartered in New York City, with offices in London, Tel Aviv, and Palo Alto.

<span class="mw-page-title-main">T. V. Mohandas Pai</span> Indian business executive

T. V. Mohandas Pai is an Indian businessman and Philanthropist. He is current Chairperson of Manipal Global Education. He was a former board member at Infosys, and Head – Administration, Education, and Research, Financial, and Human Resources at the Infosys Leadership Institute.

<span class="mw-page-title-main">Todd Boehly</span> American businessman and investor

Todd Boehly is an American businessman and investor. He is the co-founder, chairman, chief executive officer and controlling member of Eldridge Industries, a holding company headquartered in Greenwich, Connecticut. He is also the interim CEO of the Hollywood Foreign Press Association and co-controlling owner and chairman of Premier League football club Chelsea, and co-owner of Ligue 1 football club RC Strasbourg under BlueCo. As of 2024, Forbes estimates his net worth at US$6.1 billion.

Wise is a UK-based foreign exchange financial technology company founded by Estonian businessmen Kristo Käärmann and Taavet Hinrikus in January 2011. Wise specializes in cross-border payment transfers. As of 2023, it offers three main products: Wise Account, Wise Business, and Wise Platform.

OurCrowd is an online global venture investing platform that empowers institutions and individual accredited investors to invest and engage in emerging technology companies at an early stage while still privately held. Based in Jerusalem, the company launched in February 2013, and has since opened overseas branches in the United States, the United Kingdom, Canada, Australia, Spain, Singapore, Brazil, and the UAE.

Mark Tluszcz is an American businessman and venture capitalist who is co-founder and CEO of Mangrove Capital Partners, a venture capital firm he set up in 2000. He also serves as Chairman of Wix.com (NASDAQ:WIX), a popular website building platform. His achievements include turning a $2m investment in Skype into $200m and a $8m investment in Wix.com into $700m.

<span class="mw-page-title-main">Vinay Nair</span>

Vinay Nair is a serial entrepreneur and academic. He is involved as an advisor or board member in several companies in financial services, across investment management, venture capital and fintech. He is the founder and chairman of TIFIN, an AI platform to create and manage a portfolio of fintech brands and companies in areas of wealth management and asset management, as well as founder and chairman of 55ip, a fintech firm with offices in Boston and Mumbai, India that was acquired by J.P.Morgan. Nair was a visiting professor at the MIT Sloan School of Management and at the Wharton School of the University of Pennsylvania where he taught Entrepreneurial Finance, Venture Capital and Private Equity. He is also on the board of the Center for Leadership at University of Colorado, Boulder and Endeavor Colorado to support entrepreneurship in the region.

<span class="mw-page-title-main">Nova Founders Capital</span>

Nova Founders Capital is a London-based venture capital firm and business incubator specialising in financial technology and other internet technologies related to financial services. It was founded in 2012. It has since founded some twenty ventures globally, including financial comparison platforms CompareAsiaGroup, CompareEuropeGroup, and Coru; POS financing platform Vendigo; and formerly digital marketing agency Lion & Lion.

<span class="mw-page-title-main">Eileen Burbidge</span> American venture capitalist

Eileen Burbidge MBE is a British-American venture capitalist based in London, UK. She is a founding partner of Passion Capital, an early-stage venture capital firm that has invested in Monzo, Go Cardless and Lulu, a private social network for single women.

<span class="mw-page-title-main">Eldridge Industries</span> US investment firm

Eldridge Industries LLC is an American holding company headquartered in Greenwich, Connecticut, with offices in New York City, London, and Beverly Hills. Eldridge makes investments in various industries including insurance, asset management, technology, sports, media, real estate, and the consumer sector.

Ron Suber is an American investor. He has held executive positions at Bear Stearns, Spectrum Global, Merlin Securities, Wells Fargo Securities, and Prosper Marketplace. He is also an investor in sixteen financial technology companies.

<span class="mw-page-title-main">Molten Ventures</span> Venture capital firm

Molten Ventures, formerly Draper Esprit, is a venture capital firm, investing in high growth technology companies with global ambitions, with offices in London, Cambridge and Dublin. It is listed on the London Stock Exchange.

ComplyAdvantage, founded in 2014, is a RegTech company that provides software to help detect and manage risks associated with AML and Fraud. The company uses artificial intelligence, machine learning and natural language processing to help regulated organisations manage risk obligations and counteract financial crime.

Moniepoint Inc., is a fintech company founded by Tosin Eniolorunda and Felix Ike in 2015 focusing on providing financial solutions for businesses.

References

  1. 1 2 3 Cope, Nigel (18 November 2002). "The man from over here doing rather well over there" . Independent. Archived from the original on 20 June 2022. Retrieved 10 January 2018.
  2. "Nigel William MORRIS". Companies House. Retrieved 10 January 2018.
  3. 1 2 3 "Nigel Morris". QED Investors. Retrieved 10 January 2018.
  4. "Nigel W. Morris: Executive Profile & Biography - Bloomberg". investing.businessweek.com. Archived from the original on 3 October 2013. Retrieved 10 January 2018.
  5. Azevedo, Mary Ann (14 September 2021). "QED Investors closes on $1.05B across two funds to invest in fintech companies globally". TechCrunch. Retrieved 15 April 2024.
  6. "Home | QED Investors". www.qedinvestors.com. Retrieved 15 April 2024.
  7. Wack, Kevin (10 June 2014). "Capital One Alum Nigel Morris Joins Prosper's Board". American Banker. Retrieved 10 January 2018.
  8. Burns, Hilary (20 January 2016). "Capital One co-founder Nigel Morris joins AvidXchange's board". Charlotte Business Journal. Retrieved 23 October 2019.
  9. Botella, Elena (2 October 2019). "I Worked at Capital One for Five Years. This Is How We Justified Piling Debt on Poor Customers". The New Republic. Retrieved 18 October 2019.
  10. "Ownership statement". Swansea City. Retrieved 22 June 2023.