Exotanium Scoops Up $5M Seed Financing
20 Apr, 2021
– Finix, a payments infrastructure startup, raised $3m in a special purpose vehicle (SPV) that brought more than 80 “traditionally marginalized” investors onto its cap table.
– The SPV was created by the company’s founder Richie Serna, who is a first-generation Mexican-American.
– Moving forward, in all subsequent rounds, Finix will be allocating 10% of each round to Black and Latinx investors.