Founded by tech entrepreneurs with more than twenty years of experience, Raido brings a unique expertise to the fintech ecosystem and will serve as a critical resource to AFC members

Partnership will include collaboration, joint advocacy, thought-leadership, educational and training opportunities to strengthen fintech industry

Washington, D.C. (May 16, 2024) – The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative BaaS banks has announced that Raido Capital Partners has become their newest strategic partner. Known for their deep expertise and expansive team with years of experience in the fintech ecosystem, Raido will collaborate with members to provide important insight and thought leadership.

“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. 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 excited to welcome Raido to this expanding group.”

An emerging private equity firm, Raido Capital Partners makes strategic investments in financial technology and tech-enabled financial services. Led by experienced industry operators, they seek to unlock value in the lower middle market primarily through control investments and hands-on fiduciary oversight. They inject capital and drive value creation through a multidisciplinary team of operating advisors to deliver superior risk-adjusted outcomes to all stakeholders.

“AFC 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 utilizing 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.”

AFC and its members advocate for the next generation of companies at the intersection of technology and financial services, while ensuring a transparent regulatory framework fo rits membership and the consumers they serve. AFC is committed to robust industry standards, focused on consumer protection and compliance that enables responsible innovation and safe consumer optionality in financial services.