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Fin Capital October Updates
Our monthly roundup of resources from the team, portfolio news, and more.
Fin Capital
November 05, 2024
Welcome to the October installment of Fin Capital's newsletter. It’s been a busy month for the team and our portfolio companies!
Live from Money 20/20!
It was great to see so many of you at Money20/20 this week. From Rosina, to the show floor, to our annual reception at LAVO, it is always energizing to spend time with our founders, partners, and friends. Check out a few of our observations coming out of the conference, along with a few photos from our event here.
Fin Capital Named to Inc.’s 2024 Founder-Friendly List for Second Consecutive Year
For the second consecutive year, we are proud to share that Fin Capital has been recognized as a founder-friendly investor by Inc. Magazine.’s 2024 Founder-Friendly Investors, which recognizes the most supportive private equity, venture capital, and debt firms.
As our Founder and Managing Partner, Logan Allin, shared in the announcement, "Our firm was built on a foundation of deep operator and industry expertise with empathy and support for the needs of founders. We are proud that our portfolio companies continue to trust us as their full lifecycle partners."
Thank you to our founders for your continued partnership!
You can read the full announcement and more of what Fin Capital has been up to here.
Welcome, poolside!
Earlier this month, we were excited to welcome poolside to the Fin Capital portfolio. Dive into how poolside is on a mission to build the world’s most capable AI for software development here.
Congratulations, Elevate!
Congratulations to the entire team on their latest funding announcement.
As Fin General Partner, Christian Ostberg, shared in the announcement, "Benefits users stand to gain significantly as Elevate uses the power of AI and machine learning to solve a very real problem in benefits administration that has left American workers using legacy solutions with poor functionality until now. We are proud to continue our support of Elevate, and I personally look forward to working more closely with this talented team in my new role on the board."
Read more from the Elevate team here!
Banks and fintechs need each other. Will regulators help them tie the knot?
Fin Capital Managing Partner, Logan Allin, recently spoke with Quartz's Rocio Fabbro for an in-depth look at the evolving relationship between banks and fintechs.
“The regulators need to regulate,” Allin shared. “They need to put legislation in place that really, finally, addresses fintech. Regulation through enforcement doesn’t work because it doesn’t create any permanency.”
Check out the full piece below!
How does Affirm’s integration into Apple Pay affect consumers and the broader ecosystem?
Logan also recently spoke with MarketWatch about Affirm’s integration into Apple Pay and how this is democratizing access to financial services, delivering greater transparency, and creating new customer experiences.
To check out the full video, see below!
Instant Satisfaction: Bank partnerships proliferate as the quest to deliver real-time payments intensifies.
Global Finance Magazine’s Anthony Noto recently spoke with Logan Allin on the state of M&A in fintech. Read the full piece here.
“M&A is picking up, from what we are seeing on the ground,” says Logan Allin, founder of global asset manager Fin Capital. Allin’s firm, which boasts 120-plus investments in fintech software, recently announced two fintech-related exits: NeuroID, to Dublin-based Experian PLC; and Salt Labs, to San Francisco-based Chime Financial.
The fact that interest rates are coming down helps when it comes to dealmaking, he adds: “We believe that the specter of interest rate cuts is driving M&A corp-dev departments to move more quickly with a view that companies [and] asset values will be more expensive in the future.”
Portfolio Spotlight
It’s been a busy month, sharing some of the latest moments from across portfolio…
Array has acquired Payitoff to strengthen its intelligent debt management offerings.
Congratulations to Fin portfolio companies Banyan and Kard on their partnership! With Banyan’s SKU data-powered reporting intelligence and offer flexibility capabilities, Kard’s merchant customers can better customize their offers to attract, engage, and activate consumers at every stage of their shopping journey. Additionally, Kard issuers can better identify the kinds of merchants that drive transactions and push their cards to top of wallet.
Flex has partnered with Fairplay to apply Fairness-as-a-Service solutions to its algorithmic decisions in providing financial solutions for renters and property management companies.
Pipe is officially live in the UK, with the launch of the GoCardless program, the first to bring Pipe’s fast, frictionless embedded capital solution to UK small businesses.
Sequence’s deep dive into revenue management features insights from veterans like Kyle Poyar, Gokul Rajaram, Sasha Orloff, and Subham Agarwal and contains lessons distilled from partnering with hundreds of B2B companies to help them build a scalable revenue management process.
Check out Synctera’s recent guides on (1) Enhancing Sponsor Bank Compliance and (2) Keys to Achieving Success with FBO Accounts.
Talos announced the launch of its new Portfolio Management System (PMS), seamlessly integrating all of its portfolio management tools with its flagship order and execution management system (OEMS). This new offering delivers comprehensive front-to-back support for portfolio managers, traders, risk managers, and operations teams, expanding Talos's platform to a complete investment management system for digital assets.
What We’re Reading
INDUSTRY RESEARCH
BLOGS, PODCASTS AND VIDEOS
Bessemer Venture Partners: CFO Playbook: Mastering metrics and managing boards for SaaS finance success (Read More).
Elena’s Growth Scoop: The DNA of a Great Pricing Page (Read More).
Mostly Metrics: How to Build a Long Range Plan: A detailed guide to building multi-year forecasts (Read More).
OnlyCFO: The Future of Customer Success: How to budget and determine the ROI of your Customer Success team (Read More).
Thanks for reading!
We are grateful for your partnership and support, and welcome any feedback you have. We’ll see you next month with more!
-The Fin Capital team
Disclaimer
This material is provided for informational purposes, and it is not, and may not be relied on in any manner as, legal, tax or investment advice or as an offer to sell or a solicitation of an offer to buy an interest in any fund or investment vehicle managed by Fin Venture Capital Management LLC (“Fin”) or its affiliates. Content obtained from third-party sources, although believed to be reliable, has not been independently verified as to its accuracy or completeness and cannot be guaranteed. Fin has no obligation to update, modify or amend the content of this post nor notify its readers in the event that any information, opinion, projection, forecast or estimate included, changes or subsequently becomes inaccurate.