The American Fintech Council (AFC), a leading industry association representing responsible fintech companies and innovative BaaS banks, has announced Raido Capital Partners as its newest strategic partner. Raido, founded by tech entrepreneurs with over two decades of experience, brings a unique expertise to the fintech ecosystem and will serve as a crucial resource for AFC members.
Raido is renowned for its deep expertise and extensive team with years of experience in the fintech ecosystem. The partnership will include collaboration, joint advocacy, thought-leadership, educational and training opportunities aimed at strengthening the fintech industry.
"Raido delivers a unique perspective and the hands-on approach that currently serves their portfolio companies and will now serve as resource to our membership and the wider fintech ecosystem," said Phil Goldfeder, Chief Executive Officer at the American Fintech Council. "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."
Raido Capital Partners is an emerging private equity firm making strategic investments in financial technology and tech-enabled financial services. The firm seeks to unlock value in the lower middle market primarily through control investments and hands-on fiduciary oversight.
Maxime Seguineau, Managing Partner at Raido, expressed his eagerness to collaborate with AFC's member companies who are at the forefront of utilizing emerging technology to benefit consumers and businesses. He noted that AFC provides an excellent forum to discuss emerging trends, educate stakeholders, and address investment and growth challenges.
AFC advocates for next-generation companies operating at the intersection of technology and financial services. It ensures a transparent regulatory framework for its membership while focusing on consumer protection and compliance that enables responsible innovation in financial services.