The Independent Community Bankers of America (ICBA) is forming BankTech Ventures, an investment fund designed to accelerate technology opportunities and adoption at community banks. Driven by interest from ICBA members, the fund is designed to select, invest, incubate and fast-track fintech solutions that resolve pain points for community banks and provide value for the fund’s community bank investors.
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. 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.
