Nigel Morris is the co-founder and managing partner of QED Investors, a fintech venture capital platform focused on disruptive, high-growth financial services companies. QED has made numerous unicorn investments, including Credit Karma, NuBank, Avant, SoFi, Klarna, GreenSky, and AvidXchange.
Nigel is the Chairman of ClearScore and Mission Lane and serves on the boards of Red Ventures, AvidXchange, MediaMath, Prosper, and Zopa. He also serves on NuBank’s Board, the board of ideas42, and Scotia’s Digital Advisory Council, and he works in an advisory capacity with General Atlantic and Oliver Wyman. Nigel previously worked on the boards of Capital One, The Economist, Brookings, National Geographic, Klarna, Braintree, TransUnion, and London Business School. He frequently keynotes at industry-leading conferences, including Money2020, LendIt, Finance Disrupted, and the Bernstein Annual Financials Summit.
Prior to QED, Nigel co-founded Capital One Financial Services in 1994. Under Nigel’s leadership as President and Chief Operating Officer, Capital One pioneered an information-based strategy that transformed the consumer lending industry. Combining advanced statistical marketing techniques with nascent information technologies, the company reduced costs to conventional borrowers, extended capital to overlooked consumers, expanded internationally, and produced extraordinary returns for investors.
During Nigel’s ten-year tenure, Capital One’s net income after taxes (NIAT) grew at a compound annual rate of more than 32%. Over this same decade, earnings per share growth and return on equity both exceeded 20% per year, financial performance achieved by only a handful of American companies. Upon leaving Capital One in 2004, the company’s 15,000 employees across the United States, Canada, and the United Kingdom managed over $80 billion of loans for 50 million customers. Generating over $1.5 billion in earnings, Capital One had successfully transitioned from an emerging start-up to an established public company valued at over $20 billion.
Although Nigel grew up mostly in England, he takes immense pride in the fact that he is at least half Welsh. He has an MBA with distinction from London Business School, where he is also a Fellow. Nigel has been recognized as a Top 1oo Venture Capitalist by CB Insights and a Washingtonian Tech Titan. He is an avid cyclist, but he is happiest when he is at home in Virginia with his wife, four children, and grandson.