BankTech Ventures: $13.5 Million Invested In Six Fintech Companies
Summary
BankTech Ventures a strategic investment fund focused on enhancing community banks recently announced its continued commitment to community banks more vibrant futures with a total investment of $13.5 million in six fintech companies in the second half of this year. The new investments are focused on helping community banks in revenue, deposit growth, security, compliance, data analysis, and customer marketing. $2 million in Finosecs SAFE Round: BankTech was the sole investor for the $2 million SAFE (Simple Agreement for Future Equity) round for Finosec, which improves financial institutions information technology governance, audit, and exam readiness. Micronotes turns digital channels into personalized revenue generators using big data, AI, and automation. Collaboratively built by seasoned bankers and fintech entrepreneurs, BankTechs core purpose is identifying, validating, and investing in groundbreaking solutions tailored to the unique demands of community banks.Our mission at BankTech is to better connect fintechs and the community banking industry and weve built a team and ecosystem to facilitate this.