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June 5, 2024

QED hires Katherine Tercek as head of investor relations

ALEXANDRIA, Va. -- QED Investors, a leading global venture capital firm focused on investing in disruptive financial services companies, today announced the hiring of Katherine Tercek.

Katherine joins QED to head investor relations where she will be responsible for QED’s fundraising strategy to fuel the franchise that has been built over the past 17 years. She will be responsible for managing all limited partner relationships – existing and in the future.

“We’re delighted to have Katherine join to lead our partnering with LPs as QED grows and rides the wave of a global fintech revolution,” said QED Investors Managing Partner Nigel Morris.

“We are now at threshold scale with a global portfolio, a broad team and a leading brand that makes us the fintech VC firm of preference for fintech founders and LPs alike. Katherine will continue to strengthen our terrific relationships with our valued existing LPs while forming meaningful, lasting new connections with asset allocators globally.”

Previously, Katherine was a senior associate on the investor relations team at Bessemer Venture Partners where she focused on management of limited partner relationships and fundraising.

Prior to Bessemer Venture Partners, Katherine worked at Palladium Equity Partners and at Wells Fargo Securities.

“I’m delighted to join QED and further the firm’s capital formation efforts,” Katherine said. “I look forward to building enduring limited partner relationships globally in support of QED’s mission to drive innovation in financial services.”

Founded in 2007, QED Investors has invested in more than 225 companies worldwide, including 29 unicorns, and has $4 billion under management.

In May 2023, QED closed nearly $1 billion in new funds between an oversubscribed $650 million eighth early stage fund and a $275 million second growth-stage fund.

Katherine graduated Cum Laude from Middlebury College where she received a double major Bachelor of Arts degree in economics and environmental policy. She will be based out of QED Investors’ New York City office.

About QED Investors

QED Investors is a global leading venture capital firm based in Alexandria, Va. Founded by Nigel Morris and Frank Rotman in 2007, QED Investors is focused on investing in disruptive financial services companies worldwide. QED Investors is dedicated to building great businesses and uses a unique, hands-on approach that leverages its partners’ decades of entrepreneurial and operational experience, helping companies achieve breakthrough growth. Notable investments include AvidXchange, Betterfly, Bitso, Caribou, ClearScore, Current, Creditas, Credit Karma, Flywire, Kavak, Klarna, Konfio, Loft, Mission Lane, Nubank, QuintoAndar, Remitly, SoFi, Wagestream and Wayflyer.

Contact

Ashley Marshall
Director, PR and Communications
QED Investors
(518) 577-9984

ALEXANDRIA, Va. -- QED Investors, a leading global venture capital firm focused on investing in disruptive financial services companies, today announced the hiring of Katherine Tercek.

Katherine joins QED to head investor relations where she will be responsible for QED’s fundraising strategy to fuel the franchise that has been built over the past 17 years. She will be responsible for managing all limited partner relationships – existing and in the future.

“We’re delighted to have Katherine join to lead our partnering with LPs as QED grows and rides the wave of a global fintech revolution,” said QED Investors Managing Partner Nigel Morris.

“We are now at threshold scale with a global portfolio, a broad team and a leading brand that makes us the fintech VC firm of preference for fintech founders and LPs alike. Katherine will continue to strengthen our terrific relationships with our valued existing LPs while forming meaningful, lasting new connections with asset allocators globally.”

Previously, Katherine was a senior associate on the investor relations team at Bessemer Venture Partners where she focused on management of limited partner relationships and fundraising.

Prior to Bessemer Venture Partners, Katherine worked at Palladium Equity Partners and at Wells Fargo Securities.

“I’m delighted to join QED and further the firm’s capital formation efforts,” Katherine said. “I look forward to building enduring limited partner relationships globally in support of QED’s mission to drive innovation in financial services.”

Founded in 2007, QED Investors has invested in more than 225 companies worldwide, including 29 unicorns, and has $4 billion under management.

In May 2023, QED closed nearly $1 billion in new funds between an oversubscribed $650 million eighth early stage fund and a $275 million second growth-stage fund.

Katherine graduated Cum Laude from Middlebury College where she received a double major Bachelor of Arts degree in economics and environmental policy. She will be based out of QED Investors’ New York City office.

About QED Investors

QED Investors is a global leading venture capital firm based in Alexandria, Va. Founded by Nigel Morris and Frank Rotman in 2007, QED Investors is focused on investing in disruptive financial services companies worldwide. QED Investors is dedicated to building great businesses and uses a unique, hands-on approach that leverages its partners’ decades of entrepreneurial and operational experience, helping companies achieve breakthrough growth. Notable investments include AvidXchange, Betterfly, Bitso, Caribou, ClearScore, Current, Creditas, Credit Karma, Flywire, Kavak, Klarna, Konfio, Loft, Mission Lane, Nubank, QuintoAndar, Remitly, SoFi, Wagestream and Wayflyer.

Contact

Ashley Marshall
Director, PR and Communications
QED Investors
(518) 577-9984

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01

Settlement Collapse

Value transfer moves from days - corresponding banking, T+1 securities - to seconds. Working capital tied up in float is released.

02

Cost Collapse

Marginal transaction cost approaches zero: fractions of a cent, versus 1-6% on card and corresponding rails.

03

Programmability

Money becomes an object that carries logic - escrow, splits, rebates, compliance - executed by code, not back offices.

Pure infrastructure with no revenue accrual

Layer-1 chains and general-purpose middleware — outside our circle of competence and typically outside our stage.

Speculative asset creation

NFT platforms, memecoins, prediction markets styled as products — mapping to none of the five functions; structurally uninvestable for us.

Three structural truths cut across all five functions.

(a)

Regulated-first wins

The 2020/21 cycle proved permissionless purity does not survive contact with real financial regulation. GENIUS, MiCA, CLARITY and the UK/Singapore regimes are producing founders who start from “how do we get licensed” and build backwards — precisely the founder profile QED has always preferred.
(b)

Incumbents upgraded, not disintermediated

JPMorgan, Citi, Bank of America and Wells Fargo are jointly building a tokenized-deposit network; Visa launched a stablecoin platform in July 2026; 140+ businesses signed an open stablecoin standard. Banks migrate — and new-generation infrastructure companies own the picks and shovels of that migration.
(c)

Emerging markets feel it first

Every function improves most where the fiat experience is worst: cross-border payments, dollar access, investment product availability, working-capital finance. Those are exactly the geographies where QED has fintech ventures’ deepest footprint. Our geographic distribution is not incidental to the tokenization thesis — it is the thesis.

Trade & working-capital finance

Finkargo( LatAm import finance) and OatFi(B2B working-capital infrastructure) sit directly on flows whose logical settlement layer is stablecoin.

Collateralized digital-asset lending

Tokenized Treasuries, equities and stablecoin holdings as instant, programmable collateral.

On-chain private credt

Maple, Centrifuge and emerging institutional protocols - credit funds migrating to programmable rails.

Why QED is advanced

Credit is QED's craft: distinguishing lending businesses from fintechs pretending to be one, charge-offs earned from charge-offs deferred. On-chain credit is a straight-line extension, not a stretch.