Venture Capital & Private Equity - El Segundo, California, United States
The founders of the Banktech Consortium Fund share a common mission: To empower community banks and the local communities they serve. We believe community banks play an important role by providing critical financial resources to local businesses and consumers within their communities.The fund is a partnership between affiliates of Strandview Capital, Elizabeth Park Capital Management, and a consortium of tech-forward community banks across the U.S. Our community bank partners provide strategic capital for early-stage investments into emerging fintech companies that serve community banks. These fintech companies receive both highly strategic capital and valuable exposure to potential bank customers.Our vision is to empower community banks to have a more positive financial and social impact on the communities they serve. Community banks in the consortium gain a competitive advantage through greater market leverage, deeper insights into emerging bank technology, broader access to new fintech vendors, and equity participation into emerging banktech companies.
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