FIAT Ventures: How an Emerging VC Fund is Supporting and Growing the Next Generation of Payment Innovators

In episode 84 of The Payments Show Podcast, I spoke to Alex Harris who is a Co-founder at FIAT Ventures. 

FIAT Ventures is a Venture Capital company based in Silicon Valley which has a unique method of working closely with their portfolio companies compared to other VC firms. This discussion ranges from the unusual journey Fiat Ventures took into the world of venture capitalism, to their insights into specific payment companies they have backed and the dynamics of those partnerships.

VIDEO and PDF Transcript:
 - click here https://thepaymentsshow.substack.com/p/84

Summary of topics discussed:
(00:36) - Welcome
(03:02) - Start: Introducing Alex Harris and Fiat Ventures
(03:33) - The Journey to Venture Capital
(04:38) - The Growth of Fiat Ventures
(06:07) - The Unique Approach of Fiat Ventures in Building Companies
(08:29) - The Founding Story of Fiat Ventures
(10:17) - Investments in Payment Tech Companies
(16:29) - The Criteria for Investing in Companies
(19:38) - The Unique Due Diligence Process of Fiat Ventures
(20:55) - The Role of Fiat Ventures' Platform Team
(22:05) - Exploring the Payment Space
(22:41) - The Rise of Embedded Finance
(24:31) - Increasing Importance of Fraud, KYC and Compliance Tools
(25:28) - The Role of AI in Finance
(28:28) - The Importance of Data Understanding
(30:13) - The Future of Finance: Inclusion
(38:55) - 2024 Predictions

Details:
- Recorded on 28 Nov 2023
- Host: Satwant Phull
- Guest: Alex Harris, Co-founder, FIAT Ventures

[Next Steps]
- Get in touch with Satwant: digitalmoneylab.com
- FIAT Ventures: fiat.vc | @FiatVen