The year was 2015; he had recently left his job as an investment banker to try his hand at engineering at a mortgage startup in San Francisco. 'That's when you had companies like Stripe, Plaid, Credit Karma, Wealthfront starting to scale,' he told TechCrunch. 'Lending Club had just done their IPO, and was trading really well.' Today, many think fintech has lost its luster, but Salisbury's enthusiasm for the category remains as strong as it did in 2015. He feels the popular opinion that most opportunities in fintech have been exhausted could not be further from the truth. 'If you're a specialist and you know where to look, you'll realize that only 1% of global financial services revenues has been captured by fintech,' he said. Indeed, Salisbury has been busy investing in pre-seed and seed-stage startups from Cambrian's inaugural $20 million fund. Of the 33 companies he has funded, Salisbury claims about half have already secured Series A funding, considerably higher than the 15.4%...
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