Hello, tech enthusiasts! Let’s dive into the exciting world of fintech and how one firm is changing the game.

ResilienceVC, a promising new venture capital firm based in Washington, D.C., has officially launched its $56 million debut fund.

Founded by Tahira Dosani and Vikas Raj in 2023, ResilienceVC aims to support fintech companies that focus on providing financial stability to everyday Americans.

Their mission includes addressing critical challenges like homeownership, affordable insurance, and access to government benefits.

Raj emphasizes that they invest in startups leveraging innovative technologies to enhance financial resilience across the nation.

With a history of impactful investments, the duo plans to back about 25 new startups from this fund, investing around $1 million in each.

Interestingly, their portfolio prioritizes diversity, with 75% of their companies led by underrepresented founders.

By establishing their headquarters in D.C., ResilienceVC aims to foster connections with policymakers, positioning themselves as champions of the fintech landscape.

Overall, they are committed to making a difference in fintech by focusing on startups that serve a larger audience, filling gaps in financial services for lower-income individuals and small businesses.