Lowenstein Sandler represented FINTOP Capital, a venture capital firm focused on financial technology (fintech) companies, in leading a $10 million Series B funding round in Amaryllis Payment Solutions, a payment facilitation platform for financial institutions, software and SaaS companies. The round was co-led by FINTOP Capital’s partner, JAM FINTOP.
The funds will accelerate product development and expand its marketing and sales efforts.
FINTOP Capital, with offices in Nashville, Tenn., St. Louis, Mo., and New Jersey, focuses on developing and accelerating technology adoption at community banks. It is run by financial leaders and operators who have built successful startups themselves, the firm understands the ups and downs of the startup world.
JAM FINTOP is a joint venture between JAM Special Opportunity Ventures, an affiliate of Jacobs Asset Management, and FINTOP Capital. The partnership brings together bank experts and seasoned fintech entrepreneurs to invest in companies changing the way financial institutions and their customers move, track, and interact with money.
The Lowenstein deal team included: Dotan Barnea, Lesley P. Adamo, Brittany Armstead, Jessica Billeter, and Anthony O. Pergola.
About Lowenstein Sandler LLP
Lowenstein Sandler LLP is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.