Daniel Chan

Daniel Chan is a co-founder and CEO of Mayfair, a fintech startup that offers high-yield cash management services for businesses.12 Here are some key details about Daniel Chan:

Professional Background

Previous Ventures:: Before Mayfair, Daniel was the co-founder and CEO of JANDI, a Softbank Ventures-backed startup that developed Asia's leading enterprise collaboration tool, used by over 300,000 teams.2

Investment Experience:: He has a background in finance, having worked as an investor at Texas Pacific Group and as an investment banker at Moelis & Company.2

Mayfair

Founding:: Daniel Chan co-founded Mayfair in 2020.4 The company emerged from stealth mode in late 2022.1

Company Offering:: Mayfair provides businesses with a high-yield cash account, offering up to 4.72% APY on idle cash.2 This service aims to help companies, especially startups, extend their runway and maximize returns on their cash reserves.5

Funding:: Mayfair has raised significant venture capital, including a $2 million pre-seed round and an $8 million seed round, along with a $4 million debt line.1

Education

Daniel Chan attended the University of Pennsylvania - The Wharton School.3

Daniel's experience in both the startup world and finance sector has positioned him well to lead Mayfair in addressing the cash management needs of businesses, particularly in the current economic climate where maximizing returns on idle cash has become increasingly important for companies.