The BHB Fund in Austin, Texas, has invested in equipifi, a fintech that helps financial institutions develop Buy Now, Pay Later platforms.
The fund did not disclose the size of the investment.
“As we grow our portfolio of top-tier fintech companies like equipifi, we continue to position community banks at the forefront of industry disruption” Neeraj Vohra, BHB Fund’s managing partner, said in a press release.
“As the fastest growing, most widely-adopted 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,” Bryce Deeney, the fintech’s co-founder and CEO, said in the release.
“This partnership will empower us to scale faster and deliver even more impactful solutions,” Deeney added.