This content is from: Portfolio
The 2016 Fintech Finance 35: Justin Brownhill and Neil DeSena
No. 16



Neil DeSena
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.”
![]() 2. Matthew Harris Bain Capital Ventures ![]() 3. Jane Gladstone Evercore Partners ![]() 4. James Robinson III & James Robinson IV RRE Ventures ![]() 5. Steven McLaughlin Financial Technology Partners ![]() 6. Amy Nauiokas & Sean Park Anthemis Group |
![]() 7. Richard Garman & Brad Bernstein FTV Capital ![]() 8. Gerard von Dohlen Broadhaven Capital Partners ![]() 9. Darren Cohen Goldman Sachs Group ![]() 10. Hans Morris Nyca Partners ![]() 11. Meyer (Micky) Malka Ribbit Capital ![]() 12. Maria Gotsch Partnership Fund for New York City |
![]() 13. Barry Silbert Digital Currency Group ![]() 14. Jay Reinemann Propel Venture Partners ![]() 15. Mariano Belinky Santander InnoVentures ![]() 16. Justin Brownhill & Neil DeSena SenaHill Partners ![]() 17. François Robinet AXA Strategic Ventures ![]() 18. Vanessa Colella Citi Ventures |
![]() 19. Michael Schlein Accion International ![]() 20. Kenneth Marlin Marlin & Associates ![]() 21. Rumi Morales CME Ventures ![]() 22. Alastair (Alex) Rampell Andreessen Horowitz ![]() 23. Steve Gibson Euclid Opportunities ![]() 24. Fabian Vandenreydt SWIFT |
![]() 25. Vladislav Solodkiy Life.SREDA ![]() 26. Gardiner Garrard III TTV Capital ![]() 27. Nektarios Liolios Startupbootcamp Fintech ![]() 28. Lawrence Wintermeyer Innovate Finance ![]() 29. Bina Kalola Bank of America Merrill Lynch ![]() 30. Hyder Jaffrey Fintech Innovation |
![]() 31. Calvin Choi AMTD Group ![]() 32. Janos Barberis FinTech Hong Kong ![]() 33. Jalak Jobanputra Future Perfect Ventures ![]() 34. Sopnendu Mohanty Monetary Authority of Singapore ![]() 35. Oskar Mielczarek de la Miel Rakuten FinTech Fund |