The American Fintech Council (AFC), the trade affiliation representing fintech corporations and progressive BaaS banks, is becoming a member of forces with non-public fairness agency Raido Capital Companions.
Recognized for its experience and expertise within the fintech ecosystem, Raido Capital Companions will now collaborate with members of the American Fintech Council, offering perception and thought management. Raido Capital Companions makes strategic investments in fintech and tech-enabled monetary providers.
Phil Goldfeder, CEO of the American Fintech Council, commented: “Raido delivers a novel perspective and the hands-on method that at present serves their portfolio firms and can now function a useful resource to our membership and the broader fintech ecosystem.
“They may broaden our coalition of accountable innovators which are investing and constructing the way forward for finance to serve households lengthy forgotten by conventional monetary establishments. As well as, their eager insights will assist be sure that AFC and its coverage priorities stay on the chopping fringe of the trade.
“Our strategic companions serve an essential function at AFC, collaborating with and supporting our members and we’re excited to welcome Raido to this increasing group.”
Supporting fintech members
Led by skilled trade operators, Raido Capital Companions seems to unlock worth within the decrease center market primarily by means of management investments and hands-on fiduciary oversight. It offers capital and in addition drives worth creation by means of a multidisciplinary crew of working advisors to ship superior risk-adjusted outcomes to all stakeholders.
“The American Fintech Council represents the biggest and most various cross-section of progressive monetary providers and fintech firms and we’re desirous to collaborate with them for the advantage of accountable innovators trying to responsibly broaden and develop,” stated Maxime Seguineau, managing accomplice at Raido.
“AFC member firms are on the forefront of utilising rising expertise to learn shoppers and companies and serving to attain clients beforehand underserved by the monetary system. AFC offers a terrific discussion board to debate rising tendencies, to teach stakeholders, and to handle funding and progress challenges.”
The American Fintech Council and its members advocate for the following era of firms on the intersection of expertise and monetary providers, whereas making certain a clear regulatory framework for its membership and the shoppers they serve.
AFC can be dedicated to sturdy trade requirements, centered on client safety and compliance that allows accountable innovation and secure client optionality in monetary providers.
