The Bankers Helping Bankers Fund, a fintech-focused venture capital fund, has completed its first fundraising round.
The BHB Fund, managed by Latitude38 Venture Partners, disclosed that investors included Woodforest Bank, Origin Bank, Texas First Bank, Dream First Bank, National Bank and Trust, Legend Bank, Fannin Bank and First State Bank of Louise.
IBAT Services and FedFis also participated.
Latitude38 was launched last year by Neeraj Vohra and Richard Leggett. Cam Fine, former president and CEO of the Independent Community Bankers of America, is a venture partner.
The BHB Fund is set to invest in early stage companies. The fund will continue to have rolling fund-raising closes during the first half of 2023.