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The Venture Codex

First Check Ventures

1225 Ave. Juan Ponce de Leon, Suite PH-1650, San Juan, PUERTO RICO, 00907

Overview

First Check Ventures is focused on investing in early stage startups across the globe

Total investments
11
Lead investments
0
Investments · 12mo
2
Active investors
2
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Investment portfolio

  • Fusepay

    Participated · Seed · Aug 2026

    Fusepay offers an AI-native platform composed of Fuse360 for operational management and FusePay for integrated financial and payment workflows aimed at wholesalers, distributors, and manufacturers. The company is licensed by the Central Bank of Seychelles to provide payment services. Founded and led by CEO Vidhyasahar Thiyagarajan, Fusepay intends to expand regionally with a planned launch in Mauritius in September 2026 and broader entry into East and Southern African markets by the end of 2026. The recent pre-seed raise of more than $350,000 will be used to support operations and that regional expansion. The article does not disclose revenue, user metrics, or prior funding rounds.

  • Ruvo

    Participated · Seed · Feb 2026

    Ruvo provides Brazilians with a U.S. dollar account that supports receiving payments, converting between BRL and USDT, sending funds across borders, and spending dollars with a Visa card—all inside one application. The company’s core innovation is combining Brazil’s instant-payment system Pix with crypto-based stablecoins to achieve faster, cheaper settlement between the two countries. Users can receive dollars or USDT from international employers or clients, move money via crypto integrated with Pix, transfer between crypto wallets, and cash in or out through Pix. By concentrating functions that previously required multiple apps, Ruvo aims to simplify the US$146 billion annual flow of international and crypto transactions that involve more than 30 million Brazilians. Backed by Y Combinator, the firm recently secured fresh seed funding to grow its underlying payments infrastructure and widen dollar access for both individuals and businesses. Looking ahead, Ruvo plans to roll out dollar-denominated yield products starting in 2026. The company has not disclosed revenue or user figures, but its latest financing positions it to scale product development and market reach.

  • Palla

    Participated · Series A · May 2025

    Palla operates a platform that enables partners to embed real-time international payments into existing digital channels via APIs, white-label apps, and embeddable components. The product allows financial institutions to offer international payments directly within their native applications or via Palla’s hosted infrastructure. Palla has established partnerships with more than 30 financial institutions and distribution partners, and expects additional partners to launch before year-end representing a combined end-customer base of over 150 million individuals across LATAM and the Caribbean. The company announced a $14.5 million Series A and will use the funding to broaden existing payment corridors, expand into new sending and receiving corridors, and introduce additional product lines and money-movement mechanisms. Leadership changes tied to the round include the addition of David Golden and Heidi Miller to Palla’s board, supporting planned growth and global expansion.

  • Taloflow

    Participated · Seed · Jun 2024

    Taloflow builds a collaborative AI notebook that automates the software vendor selection process for enterprises and B2B use cases. The product generates tailored vendor and feature matrices, comprehensive rankings, requirements tables and "cover your assets" reports to replace lengthy homegrown selection processes. Taloflow's notebook produces tailored reports for specific use cases in dozens of B2B categories, differentiating it from more generic services like Gartner or G2. The company says it is used for hundreds of decisions, including by the Fortune 500, and its public software, cloud, and dev tools guide now has nearly 3,000 entries. Today it launched a collaborative AI notebook two years in the making and plans to use new funding to build on-demand category generation, expand channel partnerships such as with SD Times, and enrich its public guide. Taloflow participated in Y Combinator's W21 batch and has raised $1.3 million in this round from Wonder Ventures, First Check Ventures, and several notable founders. Taloflow is a Vancouver-based company focused on reducing wasted cloud spend through automation and developer tooling. Its flagship product, Taloflow Instance Manager (Tim), is an automated assistant that alerts developers and recommends more efficient ways to provision cloud resources and create workload automations based on metrics and events. The solution currently runs only on Amazon Web Services and ties alerts to business objectives, costs, and performance in real time. The company targets mid-sized tech companies that are actively thinking about cost optimization. Taloflow pivoted from its earlier incarnation, LocoNoco, which addressed robot software automation, and is retaining elements of its developer automation work. Taloflow was accepted into Batch One of the Plug and Play Enterprise 2.0 Accelerator and plans to use its latest funding for marketing and growth.

  • AnFin

    Participated · Series A · Jun 2022

    Anfin offers a mobile-first stock trading app that provides fractional trading (as little as 10,000 VND), proprietary stock profiling and risk-assessment tools, and social investment features including live audio rooms and a ranked newsfeed. The app currently lists about 300 stocks and nine ETFs and emphasizes educational content for its primarily Gen Z and millennial user base (90% are 18–35). Since launching in October 2021, Anfin has been downloaded more than one million times and has about 100,000 funded accounts; deposits have reached up to $5 million and total transaction value up to $10 million, with average transaction values around $20. Anfin monetizes through trading commissions and a subscription product called Anfin VIP, and it explicitly does not use payment for order flow or sell user data; it routes orders through Vietnam’s regulated exchanges via brokerage partners. The company plans to add more financial asset classes and expand its social-investing features, including influencer-driven incentives and further community tools. Leadership frames the product as a way to lower the cost of investing in Vietnam by offering fractional shares and instant settlement options via spread or liquidity provision.

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