Ricky Lai

General Partner, Portage Ventures, Portage Ventures
Ricky Lai combines KPMG audit, OMERS private equity and early-stage VC to assess risk and controls in fintech, making ~$1.5M checks into cybersecurity and financial services tech while prioritizing kindness.
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Ricky Lai
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Fintech
Insurtech
AI
SaaS
Proptech
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About Ricky Lai

Ricky Lai brings an unusual combination of Big Four audit experience at KPMG, institutional private equity at OMERS, and early-stage venture capital at Portage Ventures, which he uses as a throughline for evaluating financial risk and controls in fintech businesses. He emphasizes kindness as a core professional value in venture capital and focuses on early-stage investments around $1.5M checks, particularly in cybersecurity and technology within fintech and financial services.

About their Fund

Portage Ventures

Sectors
Fintech, Insurtech, AI, SaaS, Proptech
Rounds
Seed - Series B+
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Portage Ventures operates as the dedicated fintech venture arm within Sagard/Power Corp's broader multi-asset investment platform, giving its portfolio companies access to a large incumbent financial ecosystem for distribution and follow-on capital. The firm has emerged as a significant secondary buyer in fintech, exemplified by its US$280M deal to take over management of Point72's fintech portfolio, and positions itself as a cross-border scale partner for fintechs looking to expand out of or into Canada.

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