Announced
Completed
Financials
Tags
banking
Friendly
Private
financial services
Private Equity
Acquisition
United States
Domestic
Completed
Single Bidder
Minority
fintech
FinTech
Synopsis
Castle Creek Capital, an investment company led a $30m funding round in Central Payments, a fintech company, with participation from Launchpad Capital. “We see the future opportunity for banks in embedded finance and fintech. Central Payments’ team of fintech bankers and its Open*CP API platform are lynch pins for those relationships. Trent and his team at Central Payments saw this opportunity and executed on it before most knew what ‘banking-as-a-service’ meant,” Tony Scavuzzo, Castle Creak Capital Managing Principal.
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