Latest / Tearsheet Podcast: Exploring Financial Services Together
"it is so expensive to get 10 first customers': JAM Fintop's new fund has 66 community bank LPs
Welcome to the Tearsheet Podcast. I'm Tearsheet editor in chief, Zack Miller. Money continues to pour into the space. From IPOs to large venture rounds to SPACs, there’s a lot of liquidity sloshing around. And yet, there are still lots of opportunities. JAM FINTOP Banktech is a $150 million investment fund, looking to deploy capital into tech firms serving community banks around the US. What’s really interesting is all 66 of the fund’s limited partners are community banks, accounting for $600 billion in assets. That would rank as the fifth largest US bank. The fund is a partnership between…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.