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Pic of DealMakers: Entrepreneur | Startups | Venture Capital

Richie Serna On Raising $102 Million To Enable Every Business To Become A Fintech Company

April 15, 2021
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DealMakers: Entrepreneur | Startups | Venture Capital

Description

Richie Serna learned the value of hustling early on in life. That has certainly paid off in raising over $100M for his own startup that is fueling the future of financial services with billions of transactions. Finix has raised $102M in financing from top-tier investors like Lightspeed Venture Partners, American Express Ventures, PSP Growth, and Inspired Capital Partners.

In this episode, you will learn:

* Raising a Seed round after 70 noes from investors
* How to build your network to get funded
* His top three pieces of advice of other entrepreneurs
* The five books he recommends that you read
* Two of the most important questions he asks when hiring



Alejandro Cremades · EP 324 Richie Serna On Raising $102 Million To Enable Every Business To Become A Fintech Company
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For a winning deck, take a look at the pitch deck template created by Silicon Valley legend, Peter Thiel (see it here) that I recently covered. Thiel was the first angel investor in Facebook with a $500K check that turned into more than $1 billion in cash.

Moreover, I also provided a commentary on a pitch deck from an Uber competitor that has raised over $400 million (see it here).

Remember to unlock for free the pitch deck template that is being used by founders around the world to raise millions below.


About Richie Serna:
Richie Serna is the CEO and co-founder of Finix, a company that gives other companies more control over their payment processing and helps give them a greater share of the processing fee that merchants pay.

Finix helps businesses earn 0.4% more on every transaction procession compared to other traditional processors. Finix has over 50 customers one of which includes Lightspeed.

Richie Serna began his career working as an Investment Banking Intern at J.P. Morgan. From there, he went on to be a consultant for Booz & Company, a finance director and co-campaign manager for Emanuel Pleitez for Los Angeles Mayor, and has previously been an engineer for Balanced before starting Finix.

Richie Serna has earned his A.B., Cum Laude, in Government from Harvard University. Richie Serna has been featured in outlets such as Inc, Forbes, and Medium..
Connect with Richie Serna: