Scott Price, Brian Murphy and Tony DiBenedetto settle into blue-clothed patio couches and chairs as the sun begins to dip. The trio occasionally sees a manatee ripple in the canal bordering Murphy’s Sunset Park home. They uncork a bottle of wine. Price, known amongst the group as having the most wine literacy, brought a 2007 bottle in honor of the year Murphy launched his multimillion-dollar Tampa cybersecurity company, ReliaQuest.
In FTV Capital’s early days, the internet itself was still in its infancy, a tech stock boom was underway on Wall Street and private equity’s role in growing tech giants had yet to emerge. More than two decades later, FTV is firmly at the forefront of enterprise technology investing with a focus on cybersecurity and
While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk. Venture capital (VC) is not easily available to every startup, but this week, VC investors hinted at a big year ahead for the B2B FinTech space. In total, more than $1 billion was raised this week, with funds landing at an array of technologies from B2B payments to payroll to eProcurement.
The customer always comes first, and more than 30 million U.S. small- to medium-sized businesses are competing for that client relationship and sparking a wave of payment innovation. We’re seeing more businesses employing contactless/unattended payment systems, SMBs rapidly adopting integrated business management software & payment solutions and accelerating adoption of electronic payments (vs. checks) for B2B transactions.
UK-based alternative finance provider Liberis has raised $42 million in equity financing and appointed PayPal's former head of credit operations Howard Kramen as its US general manager. The new funding was led by FTV Capital with participation from long-time investor Blenheim Chalcot.
Security Compass, a leading provider of enterprise DevSecOps software solutions, announced it has secured growth equity funding from FTV Capital, a sector-focused growth equity investment firm. This investment will enable Security Compass to enhance its position as a global leader in empowering organizations to achieve agility at scale by streamlining software risk management.
Integrated vertical software with payment functionality, especially for small and mid-sized businesses, will continue to experience significant growth. As electronic payments grow towards ubiquity, the integration of payments into value-added software solutions provides tremendous value for businesses.
FTV is very active in the fintech space, perhaps most notably as major investor in U.K.-based foreign exchange payments firm World First, which was later sold to Ant Financial. Other investments include e-commerce and payments start-up EBANX and and rewards program tech firm Tango Card.