eFounders is increasing its focus by making a second startup studio known as Logic Founders. This time, Logic Founders goes to give attention to fintech startups completely. Camille Tyan (pictured above) goes to steer the brand new studio.
Over the previous ten years, eFounders has launched dozens of software-as-a-service corporations making an attempt to enhance the way in which we work. Portfolio corporations embody Front, Aircall and Spendesk.
Camille Tyan beforehand co-founded PayPlug, a funds firm that was acquired by Natixis (Groupe BPCE). He plans to comply with the eFounders mannequin centered round a brand new vertical. Logic Founders will provide you with concepts for brand new startups. It’ll recruit two co-founders and begin engaged on the product for the primary 12 to 18 months of the corporate.
Ideally, the startup finds product-market match and raises a seed spherical after this preliminary part. The startup studio retains a stake within the startup however it strikes on in order that it may well give attention to new initiatives.
If you’ve been following eFounders carefully, the startup studio has already labored on a number of fintech corporations, resembling Spendesk, Upflow, Multis and Swan. New fintech initiatives will probably fall below the Logic Founders umbrella.
The studio says it should launch API-first monetary merchandise. It is driving the embedded finance development — many imagine monetary merchandise will likely be distributed by platforms that aren’t primarily targeted on finance however may gain advantage from fintech options. You can anticipate corporations engaged on funds orchestration, asset securitization, lending APIs, crypto and B2B identification.
Embedded finance may characterize fintech’s future
Fintech startups are more and more specializing in profitability