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

Send us a text

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

Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond.

Do you prefer a written summary, instead? Check out the Fintech Leaders newsletter and join 55,000+ readers and listeners worldwide!

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.

Miguel on LinkedIn: https://bit.ly/3nKha4Z

Miguel on Twitter: https://bit.ly/2Jb5oBc

Fintech Leaders Newsletter: bit.ly/3jWIpqp