Nigel Morris is the co-founder and managing partner of QED Investors, a direct investment fund focused on high-growth companies that leverage the breakthrough power of data strategies in fin tech. Nigel and his partners at QED are world-renowned for their dexterity and prowess in the consumer technology and lending spaces – as evidenced by QED’s early stage investments in numerous industry leaders including Credit Karma, ClearScore, TransUnion, SoFi, Green Sky, Avant, China Rapid Finance, Prosper, and Media Math. Nigel enjoys spending time with visionaries and leadership teams that are looking to empower consumers through transparency and accountability – with the ultimate goal of expanding opportunity and bettering the lives of others.
Currently, Nigel serves on the board of numerous for-profit companies, including Red Ventures, GreenSky, AvidXchange, Media Math, Prosper, and is the Chairman of ClearScore. He is also on the board of ideas42 and works in an advisory capacity with General Atlantic Partners and Oliver Wyman Consulting. Formerly, Nigel served on the boards of Capital One, the Economist, Brookings, National Geographic, Klarna, Braintree, BBVA’s Innovation Advisory Board, TransUnion, and London Business School. Additionally, Nigel frequently keynotes at industry leading conferences including Money2020, LendIt, American Banker, the Economist, and numerous other offsites and private events.
Prior to venture investing, 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 fundamentally 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, a financial performance attained 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 into an established public company valued at over $20 billion.
Although Nigel grew up in London, he takes immense pride in the fact that he is at least half Welsh. He has a BSC with honors in Psychology from the East London University and a MBA with distinction from London Business School, where he is also a Fellow. Nigel is an avid cyclist, however he is happiest when he is at home in Virginia with his wife and four children.