This month, we're serving up Fund updates, industry news, and the first installment of a brand new article series penned by our Managing Director, Carey Ransom.
Plus, we want to hear from YOU on what topics you'd like to see in future newsletters, so we encourage you to leave feedback via the link at the bottom of the newsletter. And now, read on!
"If I Were a Bank CEO..."
In our new article series, Carey Ransom, BankTech Ventures Managing Director, explores what he would do if he were running a community bank today.
Having worked through company turnarounds and "re-startups" in his career, as well as starting and scaling fintech companies, Carey provides his original analysis with practical, actionable advice for community bank CEOs navigating rapid technological and business changes.
The first installment is live on our website, titled "Embracing A Fully Digital Bank: A CEO's Journey to Being Future-Ready". Read the full article via the link below.
BankTech Ventures recently made an investment in Equabli, a software company that offers banks a data-driven, all-in-one platform to cover the entire debt collection and recovery lifecycle. Check out their full value prop here!
👉 Reach out to Pam, our Head of Bank Technology, if you’d like to connect with Equabli.
We love our BankTech Ecosystem!
Check out the members of our community who are out there making real impact.
🎮 Coastal Community Bank has launched a virtual reality game called "Coastal World,"where players can move their avatars through a digital world, playing games and learning about various fintech companies.
🏦 Our Managing Director joined Fintech Nexus to share advice on how fintechs can successfully sell to financial institutions, from understanding the banker mindset to articulating value. A huge piece of the puzzle, right there!
🏆 Sunwest Bank has been named Top Workplace by AZCentral. Sunwest EVP and Chief Banking Officer Don Satiroff said, "At Sunwest, it is our people that make the difference." 👏
🎤 Fintel Connect founder Nicky Senyard sat down with MarTech Cube to tell them her story as a founder, and how she built Fintel Connect to what it is today.
Meet the BankTech Team: a Resource to You!
We'd like to reintroduce you to the BankTech Ventures team, your resource for all things bank innovation and bank-enabling fintech.
Carey Ransom
Managing Director, BankTech Ventures
Background: Carey Ransom is the Managing Director of BankTech Ventures. He is a technology entrepreneur and investor, having started, grown, and led multiple B2B and consumer tech companies, including 2 large fintechs, Aspiration and Happy Money. With his extensive background in product, marketing, business development, and strategy, Carey has played key roles in companies throughout their journeys from startup to exit. As an active member of the SoCal startup and investment community, Carey is dedicated to fostering purpose, culture, and strong teams. He hails from Frankfort, Indiana, where his family had a nearly 150 year-old family business and an over 100 year relationship with the community bank there. He's always happy to talk and strategize about the future of banking, financial technology, startups, culture, talent and leadership.
Fintech Focus 💸
Look here for fintech news that's pulling focus.
💰 BlackRock, Citadel, CBOE, and other institutional funds have been filing for SEC approval of Bitcoin-ETFs. We saw Bitcoin prices jump already at the news, but could this be the end of the crypto winter? We're excited to see how this plays out.
💻 SouthState Bank in Winter Haven, Florida activated a "game-changing" large language model, an enterprise version of ChatGPT. American Bankerreports on the progress.
BankTech was a proud sponsor of the California Community Bankers Network's annual event, Innovate Community Banking! in Costa Mesa, CA. Joined by a handful of portfolio companies, we had a blast learning from leaders at top SoCal community financial institutions and sharing our resources and mission with them!
Attending any fintech events soon? Contact Sam to arrange a meet-up!
Upcoming FinTech Conferences ✈️
Naturally, Summer is slower for conferences & events because we're all out enjoying our own vacations and the long, sunny days (as we should be!). But if you do happen to find yourself looking for some additional social & networking opportunities, check out these events.
On the topic of talent acquisition and retention, check out this article by our BankTech resident Gen Z's on how banks can "win the talent war".
Talent ISO of a new role:
Former fintech COO (with banking experience prior to that) is now looking for a CTO/Chief Innovation Officer type role at a bank. Email us for an introduction!
Former Client Success Director of a billion-dollar fintech is looking for a Director of Implementation / Customer Success type role at a new fintech. Email us for an introduction!