Now, with increased awareness and adoption, it’s exciting to further develop a product that solves real business challenges. Funding Innovation in Fintech TTV Capital invests in fintech businesses that serve the widely varying needs of the financial services sector and the consumers of financial products. Gardiner Garrard Fintech VC 1y Report this post Proud to continue our support of Kareem Saleh and the team in FairPlay AI in their efforts to eliminate bias in lending. The fundraise, which originally targeted 150 million, saw overwhelming interest and was oversubscribed by 100 million.

“The core idea for VeraNet was a bit ahead of its time about four years ago. TTV Capital, an early-stage fintech venture capital firm, announced that it has closed its sixth fund at 250 million, the largest since the firm was founded over two decades ago. The growth and adoption of cryptocurrencies is creating demand for modern accounting and audit services. VeraNet is a transaction harvesting network that brings traditional financial accounting to cryptocurrency. Canapi Ventures and Fin Capital are the most recent investors. We believe most, if not all, participants in the cryptocurrency marketplace will eventually need the accounting and reporting services that Verady is pioneering.” Their latest funding was raised on from a Series B round. No financial ecosystem can last long-term without strong underlying systems that track, reconcile, verify, and report assets. Gardiner Garrard 94 (Vice Chair) Managing Partner TTV Capital. “We are very excited about our investment in Verady because they solve a real problem for the cryptocurrency marketplace. Gardiner Garrard, Partner, TTV Capital commented: This strategic investment from TTV validates our direction and helps support our product development goals for VeraNet.” “We are focused on building the best services and capabilities available to meet audit and accounting needs for crypto-assets. The investment in Verady adds to the robust TTV fintech portfolio.

Verady was founded in 2016 by Kell Canty and Nathan Eppinger. Last year, Verady recently launched VeraNet, a network that makes audit and accounting of cryptocurrencies possible. TTV Capital is also “one of the largest – and longest-running – venture firms in Atlanta, and has backed multiple successful Atlanta-based companies, including Greenlight, Cardlytics, Greenwood, Carputty, Featurespace, and Instant.Today, Verady, a cryptocurrency accounting and audit technology service announced an investment from TTV Capital, an Atlanta-based early-stage venture capital firm focused exclusively on investing in fintech companies. The firm has “led early investments in multiple category-creators, including, Shopkeep, Green Dot, SmartAsset, and others.” Rob Cummings - Deal Cloud - Co-Founder Greg Brown - Cardinal Finance - Partner Luke Timberlake - FV Fund -Partner Gardiner Garrard - TTV Capital - Partner. TTV Capital claims it “is one of the first and only early-stage fintech funds focused exclusively investing in companies in the financial services ecosystem.” We believe our fintech expertise and years of experience in venture capital are the reasons why we’ve been able to drive strong returns for our limited partners amid different economic cycles.” It’s a privilege to do what we do, and we’re especially proud of the reputation that we’ve built as a founder-friendly firm. “Founders often tell us that our relationships, connections, and deep industry knowledge are most helpful to them as they grow their businesses. Sean Banks, Partner at TTV Capital, said: To date, TTV Capital reportedly “counts more than 100 financial technology companies in its portfolio, and seven of those have reached unicorn status.” The firm also “has an exploratory fund for investments starting at $250,000.” In 2022 alone, TTV Capital “made 18 investments in early-stage fintech companies across payments, banking, investing, cybersecurity, Web3, and embedded finance, with an average initial check size of $2 million to $7 million.”

And now, as we look ahead, we’re still committed to finding the next class of enduring businesses that will shape the future of finance.” We saw the digital transformation that was happening and we knew we wanted to be part of it. Back then, we didn’t call it ‘fintech’ – we just started investing in applications that were being built on the internet. Twenty-three years ago, we took an early bet on how the technology behind financial services would evolve. “Fund VI represents an inflection point for all of us at TTV Capital. Gardiner Garrard, Co-Founder and Managing Partner at TTV Capital, said: After 12 years at Clearleap and IBM, Im excited and thankful to join TTV Capital in supporting and investing in many of the worlds best, category-creating fintech companies.

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