Bankers Helping Bankers Fund

What Bankers Helping Bankers Fund does

The Bankers Helping Bankers Fund (BHB Fund) is a private fintech venture capital fund established in 2021 and managed by Latitude38 Venture Partners, headquartered in Austin, Texas. The fund invests at the late Seed and Series A stages in subscription-model (SaaS, BaaS) fintech companies that have achieved initial product-market fit, with a thesis focused on three community-bank strategic imperatives: deposit growth and product expansion, real-time customer intelligence, and back-office/regulatory operational efficiency. Its investment focus areas cover banking technology, payments, regulatory technology, data/analytics, and back-office process applications, with a portfolio spanning 14+ companies across RiskScout, FinGoal, Agent IQ, equipifi, Reset, Privacy Lock, Stablecore, Vine, Spiral, and others.

The fund's structural differentiator is its embedded ecosystem of strategic partners: the Independent Bankers Association of Texas (IBAT), which represents over 2,000 member community banks and branches; FedFis, the most comprehensive US bank and fintech data provider; and the Bankers Helping Bankers social platform. These partnerships provide the fund with proprietary market intelligence pre-investment and a distribution channel for portfolio companies post-investment. Limited Partners are primarily community banks ranging from $250 million to $10 billion in assets, including Woodforest National Bank, Legend Bank, Texas First Bank, Origin Bank, MCBank, First Bank Texas, Dream First Bank, FSB, First National Bank, Fannin Bank, Alliance Bank, Ozona Bank, Generations Bank, Bank of San Jacinto County, and National Bank & Trust.

The fund generates returns through conventional venture capital mechanics: capital appreciation of portfolio equity positions and eventual realizations via acquisition or IPO. Limited Partners commit capital to the fund and gain both financial exposure to a curated fintech portfolio and operational access to vetted technology vendors for their own banks. The fund's Investment Committee comprises senior executives from IBAT, FedFis, and Woodforest National Bank, providing multi-disciplinary oversight across banking, data, and policy.

Name

Bankers Helping Bankers Fund

Legal name

Bankers Helping Bankers Fund

Website

https://bhbfundvc.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

The Bankers Helping Bankers Fund (BHB Fund) is a private venture capital fund, managed by Latitude38 Venture Partners, that invests at the late Seed and Series A stages in fintech companies serving US community banks, leveraging partnerships with IBAT, FedFis, and Bankers Helping Bankers for distribution and proprietary data.

Ownership category

akta.pro rank

Product category

Venture Capital / Fintech Investment Management

NAICS

Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Bank-affiliated Venture Debt Lenders (FSANAIAA)

Keywords

• Venture capital fund
• Fintech investments
• Community banking
• Seed and series A
• Banking technology

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Venture Capital Returns: The fund generates returns through equity investments in fintech companies serving community banks. As a VC fund, revenue comes from capital appreciation of portfolio companies and eventual exits through acquisitions or IPOs.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

The Bankers Helping Bankers Fund is a fintech venture capital fund that invests late Seed and Series A capital in subscription-model fintech companies serving community banks. In addition to equity capital, the fund provides portfolio companies with proprietary market intelligence via FedFis, sales and distribution access through the IBAT network of 2,000+ community banks, and operational support from managing partners with CEO/CFO operating experience.

Product overview

The Bankers Helping Bankers Fund (BHB Fund) is a venture capital fund managed by Latitude38 Venture Partners, designed for community banks by community banks. It is not a product company itself but an investment vehicle that provides capital and strategic partnership to fintech companies serving the community banking sector. The fund targets late Seed and Series A stage companies with subscription business models (SaaS, BaaS) that have achieved initial product-market fit. The fund's investment thesis is rooted in three core strategic imperatives: (i) growing the bank through accumulating deposits and expanding products and services; (ii) gaining greater and more real-time insight and intelligence about customers; and (iii) driving operating efficiency in back-office, regulatory, and compliance workflows. The fund focuses on banking technology, payments, regulatory technology, data analytics, and back-office/business process applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Bankers Helping Bankers Fund (Venture Capital Fund) Late Seed and Series A equity investment fund targeting subscription-model fintech companies (SaaS, BaaS) serving community banks, with a focus on banking technology, payments, regulatory technology, data/analytics, and back-office business process applications. The fund combines capital with proprietary FedFis data, the IBAT distribution network, and operating support from managing partners.

Named customers7 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• Independent Bankers Association of Texas (IBAT)coreStrategic or Co-development PartnerIBAT is the largest state association of community banks with over 2,000 member banks and branches. Provides advocacy, education, community, compliance, and peer review services. Portfolio companies can increase their footprint through this network.
• FedFiscoreStrategic or Co-development PartnerFedFis is the most comprehensive bank and fintech data provider in the United States. Provides proprietary data and in-depth knowledge of bank technology, core processors, payment processors, and other fintech vendors for deal sourcing and portfolio support.
• Bankers Helping BankerscoreStrategic or Co-development PartnerBankers Helping Bankers is a bankers-only social+ platform for collaboration and education. Provides community bankers with a knowledge base focused on bank technology and emerging fintech companies through data tools and dynamic user groups.
• Camden R. FinecoreOthersCamden R. Fine serves as Venture Partner and is former President and CEO of ICBA (Independent Community Bankers of America). He is recognized as one of Washington's most influential trade association CEOs for 14 consecutive years.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Curql Collective: Curql is a venture fund formed by credit unions to invest in fintech serving the credit union ecosystem. BHB Fund and Curql are frequent co-investors (both participated in Reset's seed and equipifi's Series B), and they target overlapping institutional buyers with similar LP-driven theses.
• Canapi Ventures: Canapi Ventures is a venture capital fund backed by a consortium of community banks and credit unions, investing in early-to-growth-stage fintech companies serving those institutions. It is the most direct competitor to BHB Fund, with the same bank-as-LP, bank-as-customer structure and a similar focus on community financial institutions.
• TTV Capital: TTV Capital is an early-stage venture firm focused exclusively on fintech, with investments spanning banking, payments, and regtech. Its narrower fintech-only mandate and similar deal-stage focus make it a closely comparable peer to BHB Fund.
• Energetic Capital: Energetic Capital is an early-stage venture fund that invests in technology companies serving community banks and credit unions. It shares BHB Fund's narrow vertical focus and bank-network distribution model, making it a direct comparable in deal sourcing and portfolio support.

Broad incumbents

• Bain Capital Ventures: Bain Capital Ventures is a multi-stage venture firm with a dedicated fintech practice that invests across banking, payments, and infrastructure. As a larger incumbent, it competes for banking-fintech deals but with a much broader portfolio mandate.
• NYCA Partners: NYCA Partners is a fintech-focused venture capital firm investing across financial services. While broader in scope than BHB Fund, it competes for many of the same banking-fintech deals and serves overlapping institutional customers.
• QED Investors: QED Investors is a leading fintech-focused venture capital firm with a strong track record in financial services and banking infrastructure. It is a larger, established player that frequently invests in the same banking-technology category that BHB Fund targets.
• Better Tomorrow Ventures: Better Tomorrow Ventures is an early-stage venture firm investing in fintech founders globally. While broader than BHB Fund's community-bank focus, it competes in the same early-stage banking-fintech deal pool.
• Commerce Ventures: Commerce Ventures invests in fintech and commerce-enabled businesses, including banking infrastructure and payments. It overlaps with BHB Fund in payments and banking-tech categories and competes for similar early-stage founders.
• Foundation Capital: Foundation Capital is a multi-stage venture firm with a long-standing fintech practice covering banking, payments, and financial infrastructure. It is a larger incumbent that competes for similar fintech founders at seed and Series A.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments14 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bankers Helping Bankers Fund