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FoundersFounders
2053

Mario Baxter

Logo
Mario Baxter
CEO & Co-Founder of
Fun (2022)
About

Mario Baxter is Co-Founder and CTO at Fun (Fun.xyz), an enterprise-grade crypto-fiat payment infrastructure platform redefining how money moves between digital assets and traditional finance.

Before founding

Mario graduated from Stanford University with a B.S. in Computer Science, specializing in AI, in just three years, and went on to work as a Machine Learning Engineer at Meta before turning to entrepreneurship.

Founder Insights

A former national-level triathlete from Spain with six medals, Mario brings a rare combination of technical depth in AI and blockchain with philosophical grounding in ethics and societal impact.

Experience

Prior to Fun, Mario founded Stable Finance, a stablecoin savings platform that was acquired by Aave Labs in October 2025, and has also been a Z Fellow and contributed to business development at StartX.

Scale & Impact

Fun has raised $72M in Series A funding led by Multicoin Capital and SignalFire, powers over $10B in annual volume for clients like Polymarket, and achieves greater than 99.95% payment success rates across 100+ countries.

2053

Mario Baxter

Fun
Co-Founder
Logo
Mario Baxter

Company(s)

Fun

Industry

Fintech

Year Founded

2022

Stage/Funding

Series A • $75.9M

Company Location

us

Connect

About

Mario Baxter is Co-Founder and CTO at Fun (Fun.xyz), an enterprise-grade crypto-fiat payment infrastructure platform redefining how money moves between digital assets and traditional finance.

Before founding

Mario graduated from Stanford University with a B.S. in Computer Science, specializing in AI, in just three years, and went on to work as a Machine Learning Engineer at Meta before turning to entrepreneurship.

Founder Insights

A former national-level triathlete from Spain with six medals, Mario brings a rare combination of technical depth in AI and blockchain with philosophical grounding in ethics and societal impact.

Experience

Prior to Fun, Mario founded Stable Finance, a stablecoin savings platform that was acquired by Aave Labs in October 2025, and has also been a Z Fellow and contributed to business development at StartX.

Scale & Impact

Fun has raised $72M in Series A funding led by Multicoin Capital and SignalFire, powers over $10B in annual volume for clients like Polymarket, and achieves greater than 99.95% payment success rates across 100+ countries.

About

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