Fintech
Menlo Ventures invests across four fintech categories: APIs, vertical banking, services for consumers and SMBs, and tools for the office of the CFO.
What we do
Investing in Products and Services That Power the Global Economy
We are focused on the rise of embedded finance unleashed by new, modern fintech infrastructure. Yesterday’s siloed financial systems are giving way to a new connected reality. Powered by modern APIs, this transformation is enabling both pure-play fintech innovators and traditional software companies to reimagine what’s possible.
Our Thinking
Fintech is experiencing a Cambrian explosion: As startups gain unprecedented access to banking cores, ERPs, insurance, and payroll systems, we’re seeing an eruption of new possibilities.
Our Fintech Companies
The founders we back don’t limit themselves to what is, but relentlessly pursue what could be. We invest in transformative, early-stage fintech companies that are reinventing how banking and financial transactions take place.
Airbase is a spend management platform for small and midsize companies. It automates accounting and operational workflows for a faster close, real-time reporting, and a consistent platform experience for all non-payroll spend.
Milestones
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2017 – Founded
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2021 – Partnered, Series B
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2024 – Acquired by Paylocity
Leadership
Thejo Kote
Founder & CEO
Partners
Betterment is a financial robo-advisor dedicated to helping people reach their investment goals.
Milestones
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2008 – Founded
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2012 – Partnered, Series B
Leadership
Sarah Levy
CEO
Partners
Bluevine provides small and medium-sized businesses with access to fast and simple financial products through an advanced, online platform.
Milestones
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2013 – Founded
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2015 – Partnered, Series C Partner
Leadership
Eyal Lifshitz
Founder & CEO
Partners
Bread is a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions.
Milestones
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2014 – Founded
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2017 – Partnered, Series B
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2020 – Acquired by Alliance Data
Partners
Carta is a software platform for founders, investors, and employees to manage cap tables, equity, and ownership.
Milestones
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2012 – Founded
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2017 – Partnered, Series C
Leadership
Henry Ward
Co-Founder & CEO
Partners
Chime helps members avoid bank fees, save money automatically, and lead healthier financial lives.
Milestones
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2012 – Founded
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2018 – Partnered, Series C
Leadership
Chris Britt
Co-Founder & CEO
Ryan King
Co-Founder & CTO
Partners
Finch allows applications to access data and make changes across payroll and HR systems through a single API.
Milestones
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2020 – Founded
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2020 – Partnered, Seed
Leadership
Jeremy Zhang
Co-Founder & CEO
Ansel Parikh
Co-Founder
Partners
Polly is a software platform transforming mortgage capital markets through workflow automation, optimizing execution, and actionable data analytics.
Milestones
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2019 – Founded
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2021 – Partnered, Series A
Partners
Investment Strategy
We look for companies building on top of newly unlocked financial data and systems
01
Developer-focused infrastructure and embedded finance
API layers enabling new applications and existing software vendors to embed financial products (e.g., banking, payments, risk)
02
Vertical workflow/production software
Purpose-built software and financial offerings optimized for unique workflows specific to an industry
03
Consumer and SMB vertically integrated services
End-to-end financial services for consumers and SMBs
04
Office of the CFO
System-of-record software platforms for finance teams
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