Mazlo
“Can a purpose-built fintech OS capture the underserved fiscal-sponsor and nonprofit finance market by embedding banking, spend management, and compliance in a single platform?”
Founded in 2022 by nonprofit-sector veterans who saw that existing fintech platforms were not designed for the unique compliance, fund accounting, and fiscal sponsorship needs of nonprofits. Rather than building a horizontal SMB banking tool, Mazlo targeted fiscal sponsors — organizations that provide financial and legal infrastructure to unincorporated projects — a niche historically ignored by fintech. The company raised $4.6M from a16z and social-impact investors to go to market with a vertically integrated finance OS for nonprofits, powered by Synctera's BaaS platform and Regent Bank as sponsor bank.