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The Next Fintech Mafias

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The startup mafia that came out from Paypal has been well documented. I was curious to take a look at the privately held fintech startups and analyzing who might be next Paypal mafia based on startups that are led by ex-employees of the companies below.

To qualify for this list, you need to be a privately held fintech startup as of Dec 2024, that has been in existence for at least 4 years AND ex employees had to have raised at least $1M in funding for their new startup. I took at look at data from Harmonic. Here are the results of the number of startup founders who came out of the following companies:

  • Stripe – 96
  • Consensys – 70
  • Klarna – 47
  • Revolut – 47
  • Addepar – 30
  • Plaid – 28
  • Brex – 27
  • Gemini – 26
  • N26 – 25
  • Nubank – 20
  • Gusto – 19
  • Monzo – 19
  • Carta – 18
  • Better – 16
  • Wefox – 15
  • Circle – 13
  • AngelList – 12
  • Chime – 11
  • Razorpay – 11
  • Checkout – 11
  • Pleo – 10
  • Deel – 8
  • eToro – 8
  • Payoneer – 8
  • Justworks – 8
  • Chainalysis – 7
  • Rippling – 6
  • Navan – 5
  • Bolt – 5
  • Pilot – 4
  • Remitly – 4
  • Socure – 4
  • Airwallex – 4
  • Rapyd – 4
  • Ramp – 4
  • Fireblocks – 2
  • Tipalti – 2
  • Digital Currency Group – 2
  • Lithic – 1
  • Deserve – 1
  • Mercury – 0
  • Rho – 0
  • Unit – 0
  • Alloy – 0

If there are companies I should add to this list, please comment.


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