New market leaders in the financial services industry are exploiting technology to capitalize on an explosion of information in the financial markets. As a result, entrepreneurial companies are delivering products and services in new and innovative ways. Summit Partners works with companies that capitalize on breakthroughs in technology to compete with the banks, broker-dealers and insurance companies that have traditionally dominated the market.
Since 1984, Summit Partners has provided growth equity and credit to more than 35 financial technology and services companies. We have helped build many category-leading companies within a variety of subsectors, including asset management, financial software, insurance, payment processing and brokerage. With more than 20 public offerings and strategic mergers in the financial technology and services industry, Summit has a proven track record of helping companies to create value for management and shareholders.
Here are some examples:
Summit Partners assisted Flow Traders BV in strengthening infrastructure and reporting, recruiting a more experienced chief financial officer, and leveraging the Summit network to staff its new U.S.-based office. The company now maintains 24-hour trading operations in Amsterdam, Singapore and New York City.
Working with optionsXpress Holdings Inc. Summit Partners helped formalize its management team and process, recruit a chief financial officer and independent board directors, and build an infrastructure required for very rapid growth.
- Summit Partners provided the capital and resources to help Triton Systems Inc. expand its automated teller machine product line into growth markets worldwide.
To learn more about our investments in the financial technology and services sector, please view our portfolio.