Lowenstein Sandler represented FINTOP and JAM FINTOP Banktech as the lead investors in the $15 million Series A round in Infinant, a leading bank platform provider. The round included participation from Raido Capital Partners, Woodforest Financial Group, and Bankers Helping Bankers.
The funding will enable Infinant to enhance its product suite, align with regulatory requirements, and support banks in scaling innovative financial solutions.
Infinant has realized significant growth over the past year by filling an increasing need for banks to launch new growth channels, including embedded finance, digital brands, and partner banking. It provides a cloud-based platform, Interlace, for banks to launch and scale their digital and embedded programs under their own control. While many banks rely on monolithic core systems or outsource their ledger to a third party, Infinant flips the model, giving banks operational and regulatory control of their programs on a bank-owned platform, allowing the bank to maintain complete control of the ledger, operations, and compliance.
The Lowenstein team included Anthony O. Pergola, Laura Cicirelli, Latoya Bethune, and Waleey Fatai.
