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The Fintech Fund

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@thefintechfund

we support the best teams in financial services @ thefintechfund.com
thefintechfund.com Joined December 2021
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The Fintech Fund Verified account @thefintechfund
We're excited to announce our new $10M Fund II!

Looking to meet:

▶️ Early-stage companies
▶️ Building financial products (payments, software, data agg)
▶️ Pre-seed and seed rounds
▶️ Amazing founding teams with strong backgrounds

axios.com/pro/fintech-de… @NikMilanovic
www.axios.com Nik Milanović raises $10 million fund The raise comes amid a challenging fundraising environment for emerging fund managers.
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The Fintech Fund Verified account @thefintechfund
We're a proud @Mercury investor since 2021.

They just continue to ship great products.
Nik Verified account @NikMilanovic Sep 16
🚨 JUST IN: @mercury is building accounting straight into the bank account - with AI doing the reconciliation that used to be manual.

It launched Mercury Books, double-entry accounting software built directly into its banking platform.

Per Mercury, Books pulls in activity from your banking, cards, invoicing, and bill pay, and categorizes and reconciles all of it automatically the moment each transaction lands.

No imports, no exports, no manual entry – a real-time view instead of books that catch up weeks after month-end.

Most accounting software was built before AI could read and understand a transaction, so it was designed to record activity, not interpret it – a ledger you fill in and reconcile by hand.

Mercury's argument: banking data and the books are one dataset, not two systems to keep in sync.

Per Mercury, Books is full double-entry accounting (accrual and cash basis), built to the standard an accountant expects.

It connects to @stripe , Gusto, @PayPal , and external banks and cards, so the whole picture lands in one place.

Books also works with Command, Mercury's built-in AI agent – ask about your finances or recategorize transactions in plain language, with every action requiring confirmation before it's applied.

Mercury now spans banking, cards, invoicing, bill pay, spend management, and accounting – the bank account is becoming where a business's whole financial operation lives.
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