American Fintech Council Calls Upon Raido Capital Partners to Provide Insight to Members
The American Fintech Council (AFC), the industry association representing fintech firms and innovative BaaS banks, is joining forces with private equity firm Raido Capital Partners.
Known for its expertise and experience in the fintech ecosystem, Raido Capital Partners will now collaborate with members of the American Fintech Council, providing insight and thought leadership. Raido Capital Partners makes strategic investments in fintech and tech-enabled financial services.
Phil Goldfeder, CEO of the American Fintech Council, commented: “Raido delivers a unique perspective and the hands-on approach that currently serves their portfolio companies and will now serve as a resource to our membership and the wider fintech ecosystem.
“They will expand our coalition of responsible innovators that are investing and building the future of finance to serve families long forgotten by traditional financial institutions. In addition, their keen insights will help ensure that AFC and its policy priorities remain at the cutting edge of the industry.
“Our strategic partners serve an important role at AFC, collaborating with and supporting our members and we are excited to welcome Raido to this expanding group.”
Supporting fintech members
Led by experienced industry operators, Raido Capital Partners looks to unlock value in the lower middle market primarily through control investments and hands-on fiduciary oversight. It provides capital and also drives value creation through a multidisciplinary team of operating advisors to deliver superior risk-adjusted outcomes to all stakeholders.
“The American Fintech Council represents the largest and most diverse cross-section of innovative financial services and fintech companies and we are eager to collaborate with them for the benefit of responsible innovators looking to responsibly expand and grow,” said Maxime Seguineau, managing partner at Raido.
“AFC member companies are at the forefront of utilising emerging technology to benefit consumers and businesses and helping reach customers previously underserved by the financial system. AFC provides a terrific forum to discuss emerging trends, to educate stakeholders, and to address investment and growth challenges.”
The American Fintech Council and its members advocate for the next generation of companies at the intersection of technology and financial services, while ensuring a transparent regulatory framework for its membership and the consumers they serve.
AFC is also committed to robust industry standards, focused on consumer protection and compliance that enables responsible innovation and safe consumer optionality in financial services.
