ResilienceVC Bucks Trend, reveals $ 56 million fund to return Fintechs working on financial inclusion

ResiliencevcA new FinTech Stage -based Fintech Stage company, based on Washington, Colombia, announces its $ 56 million debut fund, the company has shared exclusively with TechCrunch.

Founded by Tahira Dosani and Vikas Raj in 2023, the mission of Resiliencev is clear: to support Fintech companies dedicated to helping Americans find financial stability. This is a writing of checks in companies that can help people cope with challenges such as getting homeowners, obtaining affordable insurance and access to state benefits.

“We are entirely investing in visionary startup entrepreneurs who use new technologies and new business models ultimately to stimulate the financial sustainability of all Americans,” Raj said. “For many Americans, the financial system just doesn’t do what they have to do.”

The couple has an investment history in companies that help to strengthen financial inclusion. Previously, they have worked together for several years as former Co-Governors at Accion Venture Lab before leaving to launch Resiliencevc. Examples of their achievements include Dosani, helping to launch the first mobile paying platform in Afghanistan while in place in the country, and Raj founded a micro -celled company in Bangalore, India, which aroused his interest in microfinance and made him invest in Fintech.

In its more than eight years, investments in Accion, a global Fintech seed phase investor in the United States and in developing markets, the duo invests in over 50 companies, including a number of unicorns. Raj and Raj are raising capital for the first ResilienceVC fund for about 18 months, with the final closure being at the end of 2024.

ResilienceVC plans to make 25 investments from the fund that the couple described as “signed” for an initial target of $ 50 million. Portfolio companies include Alice., Tea., Early bird., Lobby., Mirza., Axis Advantages., Partnerand AddingAmong others. The initial investment of a company is about $ 1 million. To date, 75% – or six of the eight – of their portfolio companies are insufficiently represented by the founders.

“We expect to follow approximately 50% of our companies, striving to double our share in our next round,” said Dusnous. “This will depend on the effectiveness of the portfolio, but we will double from our winners.”

The limited partners of the company are a combination of institutions, banks, family offices, persons and foundations with high net value and include Metlife, Skoll Foundation and Ally Financial.

In particular, Resiliencev is intentionally with a seat outside the DC RAJ in front of TechCrunch, so that it can use its location and relationships with regulators and politicians.

“We think this is an important place to be if you invest in Fintech in particular. This is a time of major change, an almost daily change in the regulatory environment and the political environment, “he added. “I think it is very clear that everyone in financial services should have deep relations with the decision -making persons, regulators, politicians, agencies leaders. And this is especially true for start -ups. So we position ourselves here in DC as a conductor for these entities. “

It also believes that it is outside the Silicon Valley gives the company the advantage of seeing “the increasing number of founders working in other cities across the country.”

Overall, with Resiliencevc, the couple hopes to reduce the trend we have seen in Fintech Investing: a business focused on customers with high net value or large businesses.

Too often low to moderate incomes or American small businesses are simply considered “too small, too risky and too difficult to deal with service”, leaving “really big gap for … investors focused on start -ups that use new technologies, such as AI and built -in,” to build big profits.

“We want to sit in this precipice – and invest exclusively in the best start -ups, which explicitly serve the mass market,” he said.