The Fintech Fund ??

Listening to Danny Hakimian from TrueBiz speak about how AI is changing possibilities in merchant monitoring process. Not only looking at website content and transaction laundering, but TryeBiz interrogates a merchant’s review sentiment, social media presence, closing indicators, ownership changes, basically their whole internet footprint. Was impressed by how articulate and succinct Danny was in his remarks. The team even challenged the audience to bring TrueBiz their riskiest merchants to see how their system performs. I am leveling up, are you? If you’re here, seek me out. #FinancialLeadership #APPLevelUp #IAmAPaymentsPro #GrowWithThePro #GrowTogether #LevelUp25 #ILeveledUpAtAPP #APPLevelUp25

Big news! We are thrilled to share that Moment is SOC 2 Type I & II compliant! When handling billions in fixed income volume, security isn't just a top priority—it's a non-negotiable. We are committed to maintaining the highest data protection and operational excellence standards while delivering seamless, modern infrastructure that the best financial institutions rely on. Why does SOC 2 matter? SOC 2 is key to establishing robust controls that ensure customer data protection. This certification lays the groundwork for our long-term security commitment. As we continue scaling, security and trust remain at the core of everything we build. To learn more about our mission, visit www.withmoment.com. #Fintech #FixedIncome #Security #Privacy #SOC2 #DataProtection #Compliance

Ansa is hiring an Implementation Manager to help onboard our awesome merchants! Come join our team in SF ??? https://lnkd.in/gcGTybDD

The landscape of merchant risk is evolving rapidly, and traditional monitoring methods are struggling to keep pace. TrueBiz is introducing the next generation of merchant risk monitoring, designed to address these challenges: 360-degree view of a merchant's digital footprint. Our models regularly analyze data from reviews, social media, industry profiles, and traffic trends. This continuous monitoring, beyond just content scans, allows for the detection of emerging risks in real-time, such as shifts in business reputation, changes in ownership or early indicators of closure. We'll be on the ground in Vegas twice in two weeks, attending LevelUp, MRC, and Fintech Meetup. Reach out to catch up with me and the team! https://lnkd.in/e2x9Fcya

Launch Week Feature 7/15: Retailer & Brand Promotion Level P&Ls Confido now can dynamically surface margins for the retailer and your brand during a promotion, making it easy to track whether a promotion is a winner on both sides.

Left Lane is proud to lead Venn (formerly Vault)’s $21.5M Series A as they build the all-in-one financial platform for Canadian businesses. Formerly known as Vault, Venn has evolved far beyond multi-currency accounts to offer a full financial stack—including expense management, FX services, accounts payable, and automated accounting—helping thousands of businesses streamline operations and save on fees that traditional banks continue to charge.? ? Dan Ahrens, Managing Partner at Left Lane, shared why we’re so excited about this partnership: “I’ve been following Ahmed and Saud for the past two years and have been blown away by what they’ve achieved in such a short time with a lean team. Their vision to replace the entire financial stack is spot-on, and the ultimate winners will be Canadian businesses. […] Venn’s product-first focus and ability to ship new features quickly have resulted in a comprehensive platform that resonates with businesses and is capturing market share from both traditional banks and venture-backed competitors.” ? With over 4,000 businesses already onboard, Venn is redefining what modern business banking looks like. We’re thrilled to back Ahmed Shafik, Saud Aziz, and the Venn team as they continue to scale and deliver game-changing financial tools for Canadian businesses. https://lnkd.in/eeBddcBq

Today is a big day. Very excited to share our $21.5M Series A and our rebrand to Venn ?? Last year I did 12,260 minutes of customer calls. The year before, about half that. It’s only been 2 years since we launched Venn and (almost) every minute since then has been spent on building the best financial platform for Canadian businesses. We grew revenue >400% last year but that’s only a by-product of this time spent truly understanding our customers and building solutions to their problems. Canadian businesses kept asking us to replace more and more of the archaic systems they were using. They wanted us to deeply embed into how they manage their finances. We started by helping companies save with better accounts and payments but now we’re truly integrated into how they work. Venn came naturally with this change. Despite spending twice as long speaking with customers last year, I kept hearing the same story. Banking was eating the two most precious resources for a business, time and money. Teams were having to go into the branch, not have visibility over payments, and were paying sky-high fees. Since switching to Venn, businesses have those precious resources back to invest in growing the business. In fact, more than 4,000 businesses count on Venn today, from your corner coffee shop to some of Canada’s leading brands. It’s a privilege to earn their trust. I’m incredibly thankful for this and will continue to earn it. It feels like only yesterday Ahmed Shafik and I were sitting in my kitchen designing early mocks and trying to get our first customer. We wouldn’t be here today without our amazing team Yisheng Guo, Yurii Shylov, Tom Keane, Leo Katz, Rushabh Parekh, Denys Boiko, Shani Mithani, Amin Azimi, Alphaeus Tan, Anton Riabov, and former employees! Our day one investor Zachary Bratun-Glennon, thank you for your continued support and early vote of confidence. Christian Ostberg, the fin team, and our amazing angel investors. Welcome and thank you to our new investors joining us in this next chapter of Venn, including Left Lane Capital (Dan Ahrens), XYZ Venture Capital (Ross Fubini), Intact Ventures (Ben Belec, Michaela Hirsh, Justin Smith-Lorenzetti). More on our fundraise and future in our blog below. Now...if you made it this far: 1. We’re hiring for the best sales reps. If you’re ready to beat my 2024 record, reach out to me and let me know why you want to join Venn! 2. If you haven’t tried Venn yet, I’d love to show you what we’re all about. Grab time with me using the link in my profile or DM me.

?? PRODUCT LAUNCH: Orum Teams Up With Visa Direct ?? We’re enhancing the capabilities of our Deliver API to include real-time fund transfers to and from bank accounts via debit card – powered by Visa Direct. Now with Deliver – Orum.io’s best-in-class money movement solution – businesses can optimize and orchestrate payments across Visa Direct, FedNow, RTP, Same Day ACH, ACH, and Wires. ? All through one, integrated API! ? ?? “At Orum, our mission is to make money move – we are thrilled to add Visa Direct to Orum’s Deliver API. We built this game-changing solution to empower businesses to move money across millions of additional accounts,” said Stephany Kirkpatrick, CFP?, Founder and CEO, Orum. “We are obsessed with customer feedback, and the demand for card rails to be added into a unified solution was evident. We’re proud to partner with Visa, continue innovating on our Deliver API, and expand our innovative offerings.”? ?? "We share a joint vision with Orum of making money movement simple, fast and secure for everyone, everywhere," said Yanilsa Gonzalez-Ore, SVP, Money Movement North America, Visa. “Real-time payments can serve a variety of purposes, including payouts to businesses, consumers, and gig economy workers. By integrating Visa Direct into Deliver API, we’re enabling Orum customers to move money with speed, convenience and peace of mind." ?? See all the details here: https://lnkd.in/ecAcMzPT #VisaDirect #Payments #Fintech #Visa

Excited to share our portfolio company Venn (formerly Vault)'s Series A!

?? Global fintech community builders wanted! Just chatted with Nik Milanovi? from This Week in Fintech (TWIF) about their impressive journey and future plans. TWIF has established itself as the largest global fintech community and media platform. Some key highlights: ? In just 5 years, they've built a community of 160,000+ subscribers through their newsletters and podcasts ? They've hosted events across 5 continents, bringing together 50,000 fintech professionals and enthusiasts ? Currently expanding their global presence ?? Please share in your global fintech communities or tag relevant people! TWIF is looking to connect with well-connected, ecosystem-minded leaders to expand their events and community presence worldwide.