JAM FINTOP said in a press release Friday that Mike Harrington will
help with engagement with the group’s more than 80 bank investors.
“As a career banker I have witnessed firsthand the challenges
that community banks experience every day to remain relevant and competitive
with the large money center banks and nimble fintechs,” Harrington said in the
release.
“I passionately believe in the JAM FINTOP mission to help
community banks innovate and build modern tech stacks, and look forward to
working with each of our partner banks and portfolio companies in the years
ahead,” Harrington added.
Before joining Bryn Mawr, Harrington served as CFO at Susquehanna
Bancshares and First Niagara Financial Group.
JAM FINTOP, a joint venture between Jacobs Asset Management and FINTOP
Capital, manages two funds. JAM FINTOP Banktech, which launched in April 2021
with $150 million of committed capital, has 11 portfolio companies. JAM FINTOP
Blockchain, which is set to close in June, has $164 million of signed
subscriptions and one portfolio company.
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