BankTech Ventures: Fintech Funding Guide for Founders

A vehicle named BancTech Ventures II, LP reported $61.85 million on October 5, 2026, with Carey Ransom as the contact. Public sources spell the firm BankTech Ventures and describe Ransom as its managing director, and I found no public mention of a second fund, so this article treats the filing as the firm's new vehicle without confirming that name.

What the Firm Is

BankTech Ventures is a venture fund based in Sandy, Utah that invests in financial technology companies whose products help community banks. Its limited partners are community banks themselves, and its general partners include Coastal Financial, Sunwest Bank, the Independent Community Bankers of America, the Venture Center and Hovde Group. A 2026 announcement said it is entering its fifth year with more than $150 million managed and over 125 participating banks. An earlier report put its first raise at $115 million from community bank partners.

Activity and Check Size

In 2023 the fund put $13.5 million into six fintech companies, and in 2026 it said it had invested more than $15 million over six months in early-stage fintechs. Named recent investments include Coinbax, FileJet, Infinant, InvestiFi and SpringLabs. That pace suggests checks of a few million dollars at most, so it is better suited to seed and early rounds than large financings.

The Person Behind It

Carey Ransom has about 25 years of experience in software and venture capital, including senior roles at Aspiration, Happy Money and Experian, and was co-founder and president of the venture studio Operate. He has described the bank-backed structure as valuable for vetting companies, since the banks can test products with real customers.

What This Means for Founders

The unusual feature of this fund is its distribution. If you sell to community banks, its limited partners are potential customers, and a backer with 125 participating banks can open doors that a conventional fund cannot. In exchange, you will be expected to show a product that solves a real problem for a smaller bank and a clear way to sell it.

If you are raising a seed round for a bank-facing product, ask the fund how its partner banks run pilots and how often they lead to paid contracts. Compare that with what a typical lead investor would provide.

Browse the fintech investor directory for more active funds, read the baseline mechanics of a limited partner if the term is new, or explore active capital on AngelLinx @ angellinx.ai/register.

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