Nyca raises about two-thirds of its $200 mln target

Fintech-focused Nyca Partners has raised $129 million for its third fund, which is targeted at $200 million, according to a regulatory filing. The filing says Nyca has raised the commitments from 47 investors. The New York firm, which was launched in 2014 by Managing Partner Hans Morris, a long-time Citigroup banker and former president of Visa, raised $125 million for its previous fund.

The team of Nyca includes Morris, Partner and COO Ravi Mohan, Principals Jeff Reitman and David Sica, and Investment Partners Osama Bedier, Brian Finn, Max Levchin, Tom Miglis and Charlie Songhurst.