< Fintech's Most Powerful Dealmakers of 2016


16. Justin Brownhill &
Neil DeSena
Managing Partners
SenaHill Partners
Last year: 19
Operating as an investment bank, principal investor, strategic adviser, and business accelerator, SenaHill Partners gets a lot of mileage out of just 14 people. “We’re hiring,” managing partner Justin Brownhill says — an auspicious indicator for the New York firm and perhaps for fintech deal flow overall. Founded by Brownhill and co–managing partner Neil DeSena in 2013, SenaHill is staffed by people with extensive banking, brokerage, and operational experience, further leveraged by an adviser network of dozens of industry veterans, who contribute strategic insights and help identify and vet investment candidates. “Two to three generations of knowledge,” hands-on experience and a roll-up-the-sleeves attitude set SenaHill apart, says Brownhill, 45, who was an investor in and executive at Lava Trading, which Citigroup acquired in 2004, and CEO of the Receivables Exchange from 2007 to 2012. “Venture capital in financial technology is a journey, not a me-too business,” says DeSena, 52, who started the REDI institutional trading business in 1992 and ran it until 2006, the last six years as part of Goldman Sachs Group. “ ‘Five years and exit’ isn’t the way it works.” SenaHill’s 22-company portfolio includes investment research and analytics site Market Realist, where Brownhill is a board member; blockchain smart-contracts company Symbiont, where DeSena is a director and former Morgan Stanley capital markets executive Caitlin Long recently became chairman and president; and WealthForge, a private capital–raising platform that placed third in last year’s UBS Future of Finance Challenge (see Hyder Jaffrey, No. 30). Another holding, know-your-customer platform Trunomi, represents “reg tech,” the emerging regulatory-and-compliance category that Brownhill and DeSena are following alongside other fintech themes in capital markets, banking and payments, insurance, wealth management, and infrastructure. “The interest is now top-down,” Brownhill observes, referring to incumbent financial services companies’ openness to investing in or partnering with entrepreneurs. “They are hiring us to connect them with young, emerging technologies.” Says DeSena: “The incumbents need help. Their budgets are big but shrinking.”
The 2016 Fintech Finance 35
![]() General Atlantic ![]() Bain Capital Ventures ![]() Evercore Partners ![]() Robinson IV RRE Ventures ![]() Financial Technology Partners ![]() Anthemis Group |
![]() Brad Bernstein FTV Capital ![]() von Dohlen Broadhaven Capital Partners ![]() Goldman Sachs Group ![]() Nyca Partners ![]() Ribbit Capital ![]() Partnership Fund for New York City |
![]() Digital Currency Group ![]() Propel Venture Partners ![]() Santander InnoVentures ![]() SenaHill Partners ![]() AXA Strategic Ventures ![]() Citi Ventures |
![]() Accion International ![]() Marlin & Associates ![]() CME Ventures ![]() Andreessen Horowitz ![]() Euclid Opportunities ![]() SWIFT |
![]() Life.SREDA ![]() TTV Capital ![]() Startupbootcamp Fintech ![]() Innovate Finance ![]() Bank of America Merrill Lynch ![]() Fintech Innovation |
![]() AMTD Group ![]() FinTech Hong Kong ![]() Future Perfect Ventures ![]() Monetary Authority of Singapore ![]() de la Miel Rakuten FinTech Fund |
|