Venture Passport

S2E7: Dan Chaplin, Partner @ Dawn Capital

Jack Richardson Season 2 Episode 7

Dan Chaplin is a Partner at Dawn Capital.

Dawn Capital is one of Europe’s leading specialist B2B software investors, announcing a $700m fund in September 2023 to invest in the next generation of global software leaders.

Dan leads on all things fintech with a particular interest in payments, credit, digital assets and infrastructure platforms and has subsequently led on investments including open banking leader Tink, digital assets infrastructure platform Copper, as well as Cover Genius, Elwood, Billie, Access Fintech and OpenGamma.

This episode really drills into fintech where we discuss:

  • Whether it's becoming more of a value sector
  • Whether Dan prefers products that have broad market appeal at low margins, vs those narrower market appeal and much higher margins
  • Profitability expectations
  • Unit economics across a company’s lifecycle
  • Fragmentation across the US and Europe
  • Regulation
  • Board learnings