The BHB Fund Announces Strategic Investment in equipifi
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FOR IMMEDIATE RELEASE
Austin, TX – February 11, 2025 — The BHB Fund, a partner fund to the dynamic and rapidly expanding Bankers Helping Bankers program, announces its investment in equipifi, a powerful fintech platform transforming how community banks offer and manage “Buy Now, Pay Later” solutions. This strategic move reaffirms the unwavering commitment of both the BHB Fund and the broader BHB ecosystem to drive innovation, growth, and collaborative success for banks nationwide. |
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equipifi’s advanced technology enables traditional financial institutions to seamlessly integrate BNPL options into their existing services. In line with BHB Fund’s focus to invest in technology that helps community banks increase their value proposition to their customers, this partnership reflects the synergy between equipifi’s forward-thinking platform and the BHB ecosystem for propelling community banks to new heights.
“As we grow our portfolio of top-tier fintech companies like equipifi, we continue to position community banks at the forefront of industry disruption” said Neeraj Vohra, BHB Fund Managing Partner. “This investment further ignites BHB’s unstoppable drive to champion game-changing fintech,” added Matthew Smith, CEO of BHB. “By welcoming equipifi into our growing ecosystem, we’re demonstrating once again that when cutting-edge technology meets community banks, the entire industry benefits.”
“As the fastest growing, most widely-adopted buy now, pay later (BNPL) software provider for financial institutions, partnering with the BHB Fund accelerates our mission to make BNPL part of the everyday banking experience for all Americans,” said Bryce Deeney, co-founder and CEO at equipifi. “This partnership will empower us to scale faster and deliver even more impactful solutions.”
By investing in equipifi, the BHB Fund expands its fintech ecosystem to foster more solutions that help banks thrive in the evolving digital landscape. This investment also underlines BHB’s dedication to supporting fintechs that share the same vision: bridging the gap between emerging technologies and the everyday needs of community financial institutions.
About equipifi
equipifi is a fintech company that partners with financial institutions to provide embedded buy now, pay later (BNPL) solutions. equipifi’s platform offers seamless, fully automated pay-over-time solutions, embedded in the existing digital banking experience consumers prefer. Since its founding in 2021, equipifi has expanded its suite of services, including Split Your Payment which gives consumers the ability to spread debit card purchases out over time, and Plan Your Purchase, a 1-click consumer loan offering for larger ticket purchases. With 3,400% year-over-year growth in transaction volume in Q4’24, equipifi continues to accelerate its mission of bridging the gap between shopping and banking.
About BHB Fund
The BHB Fund is a community bank-focused fintech venture capital fund managed by Latitude38 Venture Partners in partnership with IBAT Services, Inc., a subsidiary of the Independent Bankers Association of Texas (IBAT), and FedFis. Latitude38 Venture Partners was launched in 2022 by General Partners Neeraj Vohra and Richard Leggett, who bring extensive investing and operating experience. Christopher Williston, CEO of IBAT; Dave Mayo, CEO of FedFis; and Jay Dreibelbis, President and CEO of Woodforest National Bank, serve on the BHB Fund’s investment committee alongside Vohra and Leggett. The BHB Fund is affiliated with the Bankers Helping Bankers Network, launched in 2021 as a collaboration between FedFis and IBAT. For more information about the BHB Fund, visit www.bhbfundvc.com.
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Media Contact:
Rachel Hernandez
[email protected]
“As we grow our portfolio of top-tier fintech companies like equipifi, we continue to position community banks at the forefront of industry disruption” said Neeraj Vohra, BHB Fund Managing Partner. “This investment further ignites BHB’s unstoppable drive to champion game-changing fintech,” added Matthew Smith, CEO of BHB. “By welcoming equipifi into our growing ecosystem, we’re demonstrating once again that when cutting-edge technology meets community banks, the entire industry benefits.”
“As the fastest growing, most widely-adopted buy now, pay later (BNPL) software provider for financial institutions, partnering with the BHB Fund accelerates our mission to make BNPL part of the everyday banking experience for all Americans,” said Bryce Deeney, co-founder and CEO at equipifi. “This partnership will empower us to scale faster and deliver even more impactful solutions.”
By investing in equipifi, the BHB Fund expands its fintech ecosystem to foster more solutions that help banks thrive in the evolving digital landscape. This investment also underlines BHB’s dedication to supporting fintechs that share the same vision: bridging the gap between emerging technologies and the everyday needs of community financial institutions.
About equipifi
equipifi is a fintech company that partners with financial institutions to provide embedded buy now, pay later (BNPL) solutions. equipifi’s platform offers seamless, fully automated pay-over-time solutions, embedded in the existing digital banking experience consumers prefer. Since its founding in 2021, equipifi has expanded its suite of services, including Split Your Payment which gives consumers the ability to spread debit card purchases out over time, and Plan Your Purchase, a 1-click consumer loan offering for larger ticket purchases. With 3,400% year-over-year growth in transaction volume in Q4’24, equipifi continues to accelerate its mission of bridging the gap between shopping and banking.
About BHB Fund
The BHB Fund is a community bank-focused fintech venture capital fund managed by Latitude38 Venture Partners in partnership with IBAT Services, Inc., a subsidiary of the Independent Bankers Association of Texas (IBAT), and FedFis. Latitude38 Venture Partners was launched in 2022 by General Partners Neeraj Vohra and Richard Leggett, who bring extensive investing and operating experience. Christopher Williston, CEO of IBAT; Dave Mayo, CEO of FedFis; and Jay Dreibelbis, President and CEO of Woodforest National Bank, serve on the BHB Fund’s investment committee alongside Vohra and Leggett. The BHB Fund is affiliated with the Bankers Helping Bankers Network, launched in 2021 as a collaboration between FedFis and IBAT. For more information about the BHB Fund, visit www.bhbfundvc.com.
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Media Contact:
Rachel Hernandez
[email protected]
Source: FI FinTech Newsroom