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Conversion Capital locks down its biggest fund ever to back early-stage fintech and infrastructure startups

When Christian Lawless founded Conversion Capital in 2015, fintech was only starting to take off.
But Lawless, who started the venture firm after serving in leadership positions in capital markets at Lehman Brothers and Barclays, had a vision that financial services infrastructure would be unbundled as companies moved critical operating infrastructure to the cloud. Lawless raised $10 million and $20 million for Conversion Capital’s first and second funds, respectively.
Since Conversion Capital’s formation, the firm has backed more than 60 startups, and counts among its portfolio the likes of c

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