Lowenstein Sandler represented FINTOP Capital as lead Investor in its $20 million investment in SquareDash, a Fort Worth, TX-based provider of a payment advance platform for the insurance restoration industry. The round included participation from Hivers and Strivers, The PenFed Foundation, i2BF Global, The Hustle Fund, The Council, and other angel investors.

The funds will be used to expand the company's payment advance and subscription services, grow the team, and invest in sales and marketing.

Founded in 2022 by U.S. Navy veteran Matt Fruge after successfully running a roofing company for over 10 years, SquareDash offers both claim funding and a subscription service to manage the billing, payment, and collections process. This empowers roofers and restorationists, especially those in the $2 million to $15 million revenue range, to overcome insurance claim challenges and get paid the same day they finish work.

FINTOP Capital is a venture capital firm focused on early-stage FinTech companies. With over $700 million in committed capital across five funds, FINTOP brings decades of FinTech founding and operating experience to the board room, partnering with innovative entrepreneurs to push the frontiers of the financial services sector.

The deal team included Anthony O. Pergola, Laura Cicirelli, Deangeor Chin, Claire Dronzek, and Nicola E. Perzichilli.

In the last year, Lowenstein has represented FINTOP Capital in the series A funding for Goodshuffle Software, a software company focused on the event rental and production industry; as lead investor in the UK-based legal transaction platform Legatics; and as lead investor in the series B funding round in the automated accounting platform Gappify.