JAM Special Opportunity Ventures (JSOV), an affiliate of Jacobs Asset Management (JAM), and FINTOP Capital announced the first closing of JAM FINTOP Blockchain (the Fund) at approximately $110 million. The Fund also has additional commitments that scale up to $30 million as the fund reaches its $200 million cap. Initially, the Fund will focus its investments on the blockchain “infrastructure layer” that will help regulated financial institutions compliantly operate blockchain-powered applications in areas such as lending, payments and exchanges.Read More
Technology for the Financial Institutions of the Future
For more information about the JAM FINTOP Network or funds, complete this form.
Investing in Companies Solving the Problems of the Financial World
JAM FINTOP is helping financial institutions proactively identify, invest in and implement the right technology to remain relevant and competitive.
Maintain relevance by accessing new technologies
We invest in banktech and blockchain companies developing solutions that allow financial institutions to more effectively compete and serve their customers.
JAM FINTOP Network
We actively engage with our partners to understand their needs, introduce them to new technology and foster an innovation mindset.
About Our Partners
79 community bank partners across the country
The ~$1 trillion of combined assets of the members of the JAM FINTOP Network would rank as the fifth largest commercial bank in the nation.
*JAM FINTOP Network represents the combined bank assets of the limited partners in JAM FINTOP Banktech and JAM FINTOP Blockchain based upon bank filings as of September 30, 2021. Chart above excludes the four larger banks: JPMorgan Chase, Bank of America, Wells Fargo and Citigroup.
Source: S&P Global Market Intelligence.
JAM Fintop, a New York joint venture between JAM Special Opportunity Ventures and Fintop Capital, is forming a consortium of banks that will develop rules for minting and transferring USDF.Read More
Blockchain startup Figure Technologies Inc. and other firms held talks with U.S. regulators about how to issue a stablecoin that satisfies watchdogs amid deep Washington skepticism over the fast-growing corner of the cryptocurrency market...[The USDF Consortium] is also backed by JAM FINTOP, a partnership of JAM Special Opportunity Ventures -- an affiliate of financial-services investor Jacobs Asset Management -- and financial-technology firm Fintop Capital.Read More
“It’s like having a phenomenal research team at your disposal to help educate you on emerging trends,” said Farhan Yasin, chief technology officer of the $11 billion-asset Busey Bank in Champaign, Illinois, which is one of the limited partners of the Banktech fund.Read More
The National Black Bank Foundation (NBBF), a racial justice nonprofit working to ensure communities of color can access capital and build wealth through a robust Black banking sector, and JAM FINTOP, a joint venture between Jacobs Asset Management and FINTOP Capital that endeavors to accelerate technology adoption at community banks across the country, announced today a strategic partnership and the formation of a new Minority Depository Institution (MDI) Innovation Committee.Read More
The USDF Consortium is actively developing standards and practices for banks to mint USDF. USDF is being designed to deliver a safe and sound mechanism for transferring value on blockchain that addresses the concerns that currently exist with stablecoins minted by private companies.Read More
NYCB and Figure also announced that they will invest in the JAM FINTOP Blockchain fund, which will invest in and develop blockchain infrastructure and businesses. Figure's team will also serve as advisors to the fund, including Mike Cagney leading JAM FINTOP's Blockchain Committee and June Ou, Figure's Chief Operating Officer, serving as Technical Advisor.Read More
In this role Matt will engage with banks and tech companies to understand the opportunities, challenges and pain points they face. He will also manage programming and facilitate connections between banks and innovators with the goal of helping banks provide the best experience for their customers.Read More
Kelley, a former bank equity research analyst who later moved to sales positions at Piper Jaffray Cos. and most recently Stephens Inc., said he is joining Jacobs Asset Management LLC to become director of the JAM FINTOP bank network starting May 17.Read More
JAM Special Opportunity Ventures, an affiliate of New York based-bank investor Jacobs Asset Management, and Nashville-based technology investor FINTOP Capital announced the joint raise last month, which will plow Series A funding into startups that cater to community banks.Read More
A new fund, built in partnership between a fintech investor and bank investor, brings capital from community banks to tech firms.Read More
JAM FINTOP Banktech, a $150 million investment fund designed to help accelerate technology adoption at community banks, announced that the Independent Community Bankers of America (ICBA), which represents community banks through advocacy, education and innovation, will serve as a strategic advisor.Read More
For the 66 banks participating in the investment vehicle, the start-ups present both a return-on-investment opportunity and a potential upgrade for their own digital offerings. The banks will act as limited partners in the $150 million fund.Read More
But this isn’t your typical investment fund. Its 66 limited partners are all community banks that have more than $600 billion of combined assets, according to the news release.Read More
Several dozen banks have invested in a $150 million fund created to provide capital to fintechs.Read More
JAM Special Opportunity Ventures (JSOV), an affiliate of Jacobs Asset Management (JAM), and FINTOP Capital announced the closing of JAM FINTOP Banktech, a $150M investment fund designed to help accelerate technology adoption at community banks across the United States.
Leveraging Deep Fintech Insights
Decades of Industry Experience
Our team includes seasoned entrepreneurs and financial institutions experts. FINTOP has ridden the ups and downs of the startup world and found success, while JAM has spent 26 years meeting with and investing in financial services companies.