Nyca Partners

We are excited to announce today that Duetti secured $114M of new funding through both equity and debt. In just over two years, we closed over $235M in funding for independent artists. With this new round, Duetti raised more funds than any other music startup since 2021 (according to The Information's creator economy database). We are now one of the fastest growing music rights companies for at least a decade. Our new funding includes $34M of new equity and $80M of new debt financing. The equity round was led by Flexpoint Ford, alongside our existing investors Nyca Partners and Viola Ventures. The $80M of debt financing was provided via a privately rated asset-back securitization, which was structured and placed by Barclays. We believe that we executed the fastest ever securitization of music rights - from initial portfolio inception to final closing. This is also the first ever securitization backed primarily by music of independent artists, opening up a significant new pool of efficient capital to support their music. We are proud to lead the way and educate the capital markets on the substantial long term value generated by independent music. We have now partnered with over 500 artists across all genres and from over 30 countries, and are thrilled to continue and expand the financial options available to the independent music community. Our deals typically range from $10K all the way up to $3M per artist. I am particularly grateful to our fantastic team for all the hard work and dedication in building Duetti as a new force in the music industry. Our DMs are open for those who are interested to learn more.

Boom: Meet the 2024 Fintech 100, the most promising private fintech companies across the globe. This year’s winners are working on everything from deploying novel AI solutions across the landscape to expanding access to financial services. They span over twenty countries, have raised $7.2B in equity funding, and fifty percent of winners are early-stage fintechs. See the full list, and dive deep into the data on the 2024 cohort: https://cbi.team/3Un9kQJ

For those hitting the books ahead of next week’s conference at the Federal Reserve Bank of Philadelphia, Agastya Gupta and I put together a map of the electronic money token (i.e., stablecoin) value chain. Hans Morris of Nyca Partners will be there and hosting a discussion. TLDR: we see a lot of opportunity up and down the chain, particularly in enabling firms to make direct digital payments to their commercial counterparties.

LOLLIPOPS 🔈 lol·li·pop 📕 official Nyca definition: Linked Offers, Likes, Loyalty, Incentives, and Promotions on Payment Systems At Nyca Partners, LOLLIPOPS has remained one of our most enduring thematic areas for investment. Today, we are super excited to announce that we are leading the Series B into point.me, an award travel search platform, in partnership with Citi Ventures! Many people (myself included) struggle to figure out how to get the best value from our accumulated points. Some of you may have had the opportunity to explore point.me's capabilities, courtesy of Amex. Overall, point.me makes it far easier for everyone with points, not just travel enthusiasts, to search and book award travel. We were impressed to find such deep knowledge and expertise across the entire team, especially in Adam Morvitz and Tiffany Funk. The strength of point.me's relationships across the travel and airline ecosystem are reflected in the quality, breadth and consistency of their search product. We encourage everyone to give it a whirl and share what fun destinations you end up booking travel to! 🛩 🏖 🌏 https://lnkd.in/eNF7R6eD

Tom Brown, Partner and General Counsel at Nyca Partners, joins RegFi hosts Jeremiah Buckley and Sasha Leonhardt for a critical analysis of the current regulatory environment facing fintechs. The conversation highlights the fragmented state-by-state regulatory framework in the U.S., the complexities of navigating banking partnerships, policy considerations surrounding the adoption of a U.S. digital currency and how a more principle-based regulatory approach could streamline operations and foster innovation. Listen now: https://bit.ly/RegFiEp44 #Fintech #Finreg #DigitalCurrency #Regulatory

Over the past few months, I’ve spoken with 50+ CFOs, CAOs, finance teams and CPAs to learn how technology is transforming the office of the CFO. I’m excited to finally share my research and dig into major trends in the industry, key challenges of finance teams and spotlight companies who are tackling these challenges head on. This project would not be possible without the guidance shared by the below individuals and countless others. I am grateful for their time and deep expertise: John Shrewsberry, Mark Hawkins, Sarah Clark, CPA, Siphelele Jiyane, Andrew Westergren, Rob Livingston, Peter Yang, Priyanka Saxena, Steffen Parratt, John Lummis, Priyanka Patel, Christian Slack, Andrew Jasen, Diogo Rodrigues, CPA, Christian Boulanger, Alex Janeck, Neeta Shah, CFA, Michael Clement, Ash Dalnoot, CPA, Christian Vardeleon, Ndonga Sagnia, CPA, Ali A. Masood, Avy Faingezicht, Ronnie Hernandez, Yuval Efrat, Vasilia Kratsios, Christina Moro, and the entire team at Nyca Partners, especially Jeremy Solomon, Max Liebeskind, and Agastya Gupta. For any founders or investors in any of these spaces who would like to chat, please reach out! https://lnkd.in/eh34qefi

So how did an econ-math major with an interest in acting end up as an investment partner and general counsel of a venture fund? A series of very fortunate events that began with a friend's unwanted application to the University of Chicago Law School. Thanks Richard Hsu for taking me down the trip through memory lane on the latest episode of Hsu Untied. https://lnkd.in/gKSwe3Uz

Today, we are excited to welcome LendingPoint™ to the FairPlay family. As a leader in point-of-sale and personal lending, LendingPoint has originated billions in loans and served hundreds of thousands of customers across the U.S. They will join the ranks of other premier names in FinTech that rely on FairPlay’s Fairness-as-a-Service solutions to automate their fairness testing and optimization. We look forward to working with Shawn Stone, Mark Lorimer, Greg McLaughlin, Amanda Flashner, Karen Louis, Don Abraham, and Arun Kumar to support LendingPoint’s continued success and next phase of growth.