BankTech Ventures, a strategic investment fund that invests in leading financial technology companies to deliver maximum value and impact to banks, announced today a series of milestones and achieveme...
Strategic investment fund concludes third year with curated group of fintech investments, a portfolio company exit and coveted industry accolades
SANDY, Utah: BankTech Ventures, a strategic investment fund that invests in leading financial technology companies to deliver maximum value and impact to banks, announced today a series of milestones and achievements that showcase continued momentum and growth in their ecosystem.
With total investments of more than $50 million, including new investments and follow-ons, the firm enters 2025 with a curated group of portfolio companies aimed at driving innovation and strengthening the future of banking. Utilizing the team’s industry expertise, in 2024 alone, BankTech evaluated over 1,500 companies and conducted more than 500 calls with founders, ultimately making investments in companies focused on agentic AI, enhancing the commercial customer experience and capabilities, and standardized data collection.
“As we continue to invest in and support innovation in the transformation of banks, we are proud to see our progress, investment successes and efforts recognized across the industry,” said Carey Ransom, Managing Director of BankTech Ventures. “The momentum we’ve built over the past few years reflects not only our commitment to fostering innovation, change and strengthening the backbone of banks, but also the importance of disciplined investing, especially in today’s challenging environment. We’re excited for what’s to come in 2025 as we continue this focused approach.”
Notably, BankTech celebrated its first portfolio company exit in 2024 with Adlumin, a milestone after just three years since the launch of its first fund that highlights BankTech’s ability to deliver value and success for its partners.
“The first three years of this partnership with BankTech Ventures have been outstanding,” said Carson Lappetito, President of Sunwest Bank and active bank partner in BankTech. “We work with numerous BankTech portfolio companies that have helped generate millions of dollars of additional revenue, and most importantly, enable Sunwest Bank and our team to be more innovative in serving our customers with better technology and service. In addition, Sunwest and H Bancorp have generated significant returns to-date from its LP investment in BankTech. We look forward to this continued partnership.”
In 2024, BankTech’s influence and leadership were recognized with several accolades, including the selection of BankTech Investor, Katie Quilligan, as a 2024 ‘Inspiring Fintech Female.’ Additionally, the firm was shortlisted for the ‘Fintech Partner of the Year’ award at the US Fintech Awards, named a finalist for ‘Best Venture Capital Firm’ for the Benzinga Fintech Deal Day and Awards and earned recognition as a finalist for the Banking Tech Awards. These honors underscore BankTech’s dedication to driving innovation and fostering partnerships that propel the growth of community banks and fintechs alike.
From new investments to industry accolades, BankTech Ventures continues on a strong growth trajectory in 2025 towards its mission to transform community banking. For more information on BankTech Ventures, visit banktechventures.com.
About BankTech Ventures
BankTech Ventures identifies and invests in leading bank technology companies and is deeply entrenched in community banking to ensure its companies work effectively and efficiently with banks to deliver maximum value and impact. BankTech’s unparalleled ecosystem is designed to deliver compelling innovation with community banks at the center of it all - bringing together bankers, industry organizations, and tech founders to work collaboratively to accelerate innovation in banking. Follow BankTech on LinkedIn and X. For more information, visit https://www.banktechventures.com/.
Fonte: Business Wire
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