Leap Global Partners

Today Finix is excited to announce we’ve raised $75M in Series C funding led by Acrew Capital and co-led by Leap Global Partners and Lightspeed. When we started Finix, we were big believers in the developer movement. We still are! Since then, we’ve recognized that there’s been a major shift in the market. Even businesses that have developers don’t want to spend their time or resources on payments — they want highly brandable and configurable payment components. From startups to publicly traded companies, merchants to vertical SaaS companies, customers of all sizes are taking advantage of Finix’s no-code solutions. Today, every feature in Finix's broad product suite is now available in no-code, low-code, and API-driven solutions. If Adyen is for the enterprise, Square is for card present SMBs, Stripe is for the developer-centric startup, Finix is for the 22M businesses without enough developers. Read more here: https://hubs.ly/Q02VFwqb0

It was an honor to gather with ~30 top investment professionals and leading government officials for the Latino Venture Capital Summit at The White House. Our roundtable discussion focused on establishing a private-public partnership to close the investment gap in the Latino VC and business community. I applaud the support and intentionality shown by leaders from the U.S. Department of the Treasury, U.S. Economic Development Administration, U.S. Small Business Administration, White House Office of Science and Technology Policy, and the Federal Retirement Thrift Investment Board in addressing this issue. It’s staggering to consider that a community representing 19% of the U.S. population, $3 trillion in economic output, and 50% of new business formations receives less than 2% of VC investment. Latinos also account for 25% of Gen Z and Gen Alpha, who will shape consumer and enterprise trends for decades to come. When investors see a disconnect like this, we recognize an arbitrage opportunity and strategically deploy capital to maximize returns. In capital-efficient markets, such arbitrage opportunities typically don’t last long. That’s why it’s puzzling, as Vincent Cordero puts it, that “Latino participation in the U.S. capital investment marketplace remains infinitesimal.” But this isn’t just an “investment opportunity” or a “DEI issue.” It’s a national priority. Our country is leaving hundreds of billions of dollars in economic output and millions of jobs on the table by not addressing this gap. The challenge is significant, and the path forward won’t be linear. But as VC investors, we’re accustomed to playing the long game. I have strong conviction in this group of investors. With the right support from the government, we can close this gap and deliver outsized returns for our country. On a personal note, I would be remiss if I didn’t acknowledge how momentous this occasion was for me. I never imagined that a kid from South Central Los Angeles would break into VC and be invited to The White House! This is proof that nothing is impossible in America. I simply can’t wait to see what this group will accomplish together. A heartfelt thank you to all those involved in this great roundtable, including: Tom Perez, Taylor Wright, Janis Bowdler, Justina Gallegos, Stacie Olivares, Bailey DeVries, Carolina Ferrerosa Young, Ph.D., Tonantzin Carmona, Andrea M. O'Neal', Vincent Cordero, Robert Aguilar, Pete Amaro, Noramay Cadena, Jorge M. Calderon, Adela Cepeda, Marcelo Claure, Lister Delgado, Lili Gangas, Herman Goihman, Marcos Gonzalez, Alejandro Guerrero, Gerald Kierce-Iturrioz, Luciano Mancini, Laura I. Maydón, Lorenzo Mendez, CFA, Senofer Mendoza,Celina Apostolo Merrill, Danny Navarro, Beto Pallares, Jaime Rodriguez, Dr. Mariela Salas, Francisco Sanchez, Elian Savodivker, Arturo Sneider, Tom Soto, Antonio Tijerino, Nina Vaca, José Luis Silva Vázquez.

🚀 AI, automation, and data enrichment are reshaping private capital success in 2024! 🌟 With competition intensifying, dealmakers investing in an agile tech stack are gaining a significant edge, leaving others striving to catch up. 🗓️ Join us on August 1 for an insightful webinar featuring Cuco Vega, Head of Platform at Leap Global Partners. Cuco will share LEAP's journey of transforming their investment operations using Affinity. 🔍 Discover how they: - Streamlined outdated processes - Reduced decision times - Enhanced accuracy through innovative tools like Typeform, Zapier, and ChatGPT. Register here 👉 https://buff.ly/3W8x5wW