ICBA is forming BankTech Ventures, an investment fund designed to accelerate technology opportunities and adoption at community banks.
ICBA launches fintech investment fund
July 19, 2021 / By ICBA
ICBA is forming BankTech Ventures, an investment fund designed to accelerate technology opportunities and adoption at community banks.
ICBA is forming BankTech Ventures, an investment fund designed to accelerate technology opportunities and adoption at community banks.
Background: Driven by interest from ICBA members, the fund is designed to select, invest, incubate, and fast-track fintech solutions that solve for community bank pain points and provide value for the fund’s community bank investors.
Team: ICBA will serve as one of the investment managers and a general partner of the fund, along with partners The Venture Center, Coastal Community Bank, Sunwest Bank, and Hovde Group.
Operations: The team will help community bank investors stay ahead of fintech trends through early access to a vetted network of leading and emerging technology solutions tailored to address community bank needs.
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