BankTech Ventures, a strategic investment fund targeting fintech for community banks and their end users, has closed over $115 million in committed capital from over 100 limited partners, comprised almost entirely of community banks. The company has made 8 investments since its first raise in November 2021. The rapid pace of deployment is anticipated to continue with their active pipeline of relevant banktech businesses. The fund has unmatched support and sourcing opportunities thanks to its general partners, which include leading community banks, investment banks, leading bank technology accelerators, and the largest advocacy group in the sector. This has led to the development of a community bank ecosystem that is complementary, relevant, and inclusive.
BankTech Ventures Closes First Strategic Investment Fund