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JC Bahr-de Stefano
@jbahrdestefano
Doing things such as Investing in fintech @btv_vc 💸 Running 🏃 and playing footy ⚽ Writing ✍️+ thinking out loud 🤔
1.9K Following    3.6K Followers
More fintech funding! @AmbrookAg raised a $30M Series B led by @lachygroom Ambrook offers accounting + financial mgmt software for "real economy" SMBs, starting w/ farms & expanding into trucking, contracting & real estate. They handle bookkeeping, bill pay, cash mgmt & tax/compliance record-keeping, often replacing QuickBooks Some stats on the biz: - 8,000+ business customers, up from 2,500 a year ago - 1,000+ trucking businesses + hundreds of contractors & property mgrs - At least half of customers adopt Ambrook as their first software vendor ever $59M total raised now ($26.1M Series A in July '25)
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Wow apparently @Shopify has been quietly stacking money transmitter licenses. MTLs are state-by-state licenses that let a company legally hold customer funds + move money on their behalf Getting MTLs means they would be able to hold and move funds themselves, instead of routing everything through @stripe Shopify did $378 billion in GMV in '25 --> owning the rails = owning more of the economics
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