Austin Capital’s venture fund is a tech flywheel for the next generation of fintech companies
Austin Capital is uniquely positioned in identifying and funding the greatest founders and pairing them with world-class technology. Austin Capital’s strategic partnership with FinTech Automation (‘FTA”) provides a positive loop between the two companies and a competitive advantage with speed to market and mitigation of technical debt for Austin Capital portfolio companies.
Austin Capital’s tech stack integration with FTA’s platform (“UniFi”) is a tech flywheel as FTA’s bank clients have access to a vast ecosystem of fintech companies and FTA fintech customers have access to a vast ecosystem of banks and other financial institutions. The network effects of the flywheel develop as more fintech and financial institutions utilize this platform, creating a marketplace for fintech companies looking for banking partners and banks looking for additional deposits and loans, resulting in better distribution and a powerful and competitive business model.
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“We have been utilizing this model to build a well curated list of portfolio companies over the last 4 years and it continues to be a high-value pipeline building and portfolio construction tool for Austin Capital. A validation proof point of this model as where the industry is headed is the most recent announcement between Hyper and Product Hunt. A fine example of the benefits and positioning of this type of structure,” said David J. Park, founder of Austin Capital.
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According to Crunchbase on January 4, 2022, financial services was the leading sector for venture investment in 2021 with $134 billion invested, marking a whopping 177 percent year-over-year growth. That compares with overall global venture capital investment, which grew by a still astonishing 92 percent.
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