Michael Torres
VerifiedFinancial leadership for fintech and crypto companies navigating compliance and growth simultaneously.
About
I spent eight years at JP Morgan in structured finance before moving to the startup world as CFO at two fintech companies — one in crypto payments (Series C, $190M raised), one in B2B expense management (acquired by Brex). My fractional practice focuses on fintech-specific financial challenges: regulatory capital requirements, money transmission licensing, crypto treasury management, and the financial reporting complexity that comes with novel revenue models.
Experience highlights
At JP Morgan, I structured $12B in asset-backed securities across mortgage, auto, and consumer finance pools. The quantitative rigour of that work — scenario modelling, stress testing, waterfall mechanics — directly translates to the financial models I build for startup CFO clients.
As CFO at a crypto payments company (NDA), I managed $190M in fundraising across two rounds, navigated a BitLicense application in New York (one of three companies to have successfully completed this at the time), and built the treasury management framework for holding 40% of reserves in Bitcoin without the volatility destroying our reported equity.
The Brex acquisition of my second company was a 2.8x revenue multiple exit in 18 months — faster than any of us expected. The key financial contribution I made was establishing the unit economics reporting that made Brex confident they understood what they were buying. In fintech acquisitions, financial clarity is the most undervalued driver of deal certainty.
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