Venture giant Andreessen Horowitz doubles down on fintech with newest hire from Credit Karma

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Venture giant Andreessen Horowitz doubles down on fintech with newest hire from Credit Karma
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Andreessen Horowitz is hiring Credit Karma's Anish Acharya as its newest general partner.

The venture capital giant is hiring Credit Karma’s Anish Acharya as its newest general partner.

“There are more fintech companies showing up at our door — we wanted more expertise around the table there,” sayas Alex Rampell, general partner at the firm.Well-known venture capital firm Andresseen Horowitz is gearing up to increase its bets on the financial technology space. "Fintech is becoming a key part of the monetization strategy for more and more companies," Alex Rampell told CNBC in a phone interview. "There are more fintech companies showing up at our door — we wanted more expertise around the table there."

"Because of mobile phones are a lot of opportunities for money to change as well," Rampell said. "We think that's going to accelerate."

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