Mazlo – Platform for bond investors
Banking for mission‑driven orgs.
Mazlo builds a compliance‑driven financial stack for nonprofits: bespoke checking accounts, integrated accounting tools, and smart cards, all under one roof. Its business model combines interest on deposits, card interchange, and a flat SaaS fee per account.
The San Francisco company emerged from stealth with $4.6M funding ($1.1M pre‑seed from a16z and Social Good Fund, $3.5M seed from Westbound Equity Partners and super{set}).
Serving over 60 organizations and 1600 users across almost all 50 states, Mazlo saw gross profit grow 4× (275%) in the last year with zero churn. Founders Kian Alavi and Sean Anderson bring deep regulatory expertise, making nonprofit banking finally feel modern.
Can fintech finally make charity finances as easy as Venmo?
Don’t miss the next one.
#fintech #startup #businessmodel #fintechoftheday #nonprofit #compliance #banking
Register and become part of the FinTech Builders Community. Join fellow innovators and see the value of being part of our community!