Fintech Leaders Tommy Nicholas, CEO/Co-Founder of Alloy – From 100 No’s to a $1.55B Valuation, Company Building Struggles, & The Fascinating World of Anti-Fraud
Miguel Armaza sits down with Tommy Nicholas, CEO/Co-Founder at Alloy, a company that gives fintechs and banks a command center to control their fraud-fighting, credit, compliance, risk, and identity-decisioning needs. Founded in 2015, Alloy has raised around $200M from Bessemer, Avenir, Clocktower, Flourish, Lightspeed, Primary, Techstars, and a long list of great fintech investors.
We discuss:
- Early days of Alloy and how they overcame several tough years and finally hit their stride
- A deep-dive into the complex world of fraud and how Alloy aggregates multiple anti-fraud solutions into their platform
- Several company-building lessons in the context of a tough raising environment
- And... a reminder from Tommy to tech founders that it’s OK to raise a down round or give the money back
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Miguel Armaza is Co-Founder & Managing General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.
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