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§ Venture Capital · Charlotte, NC, USA
Venture capital fund investing in US-based early-stage fintech startups, focused on Business, Financial, and Web Services.
Carolina Fintech Ventures is an early-stage venture capital fund based in Charlotte, North Carolina, that provides capital to Seed and Series A financial technology startups. The firm primarily targets North American companies operating across business-to-business services, networking, financial services, and web technologies with a typical investment horizon of three to five years. Operating with a standard investment ticket size ranging up to $1 million, the fund frequently backs alumni of the Queen City Fintech Accelerator program. The firm successfully raised $2.5 million in capital by 2019 and has built a portfolio of 25 businesses nationwide, targeting exits via strategic sales. The investment vehicle secured early financial backing from prominent industry figures, including former Bank of America chairman and chief executive officer Hugh McColl. Carolina Fintech Ventures was established in 2017 by co-founders Dan Roselli and Nathaniel Clarkson.
Carolina Fintech Ventures (CFV) is a Seed and Series A investment fund based in Charlotte, North Carolina, focused on early-stage financial technology startups. Founded in 2017, CFV aims to accelerate fintech innovation by providing capital, mentorship, and strategic support to promising companies in the financial services sector. The firm serves fintech entrepreneurs and startups, helping them scale solutions that disrupt traditional financial methods. CFV plays a key role in strengthening the fintech ecosystem in the Carolinas by connecting startups with banks, investors, and talent, fostering a collaborative environment for growth[2][4].
CFV was founded in 2017 by a group of partners committed to making the Carolinas a global fintech hub. The firm emerged from the recognition of the region’s growing fintech community and the need for dedicated investment capital to support early-stage companies. Over time, CFV has evolved to focus on seed and Series A rounds, carefully vetting startups through an intensive pitching process. The founders leveraged Charlotte’s status as a major banking center to build a fund that bridges innovative fintech startups with established financial institutions and talent pools[2][4].
CFV rides the global trend of fintech disruption, where technology is reshaping financial services such as payments, lending, and insurance. The timing is favorable due to increasing demand for digital financial solutions and Charlotte’s position as a banking hub. Market forces such as regulatory changes, consumer preference shifts, and advances in AI and blockchain technology create fertile ground for fintech innovation. CFV influences the broader ecosystem by nurturing startups that can scale regionally and globally, while also addressing talent development and diversity through initiatives like the Carolina Fintech Hub[1][3][4].
Looking ahead, Carolina Fintech Ventures is poised to deepen its impact by expanding its portfolio and fostering more cross-sector collaboration between startups and established financial institutions. Trends such as embedded finance, decentralized finance (DeFi), and AI-driven financial services will likely shape their investment focus. As fintech continues to evolve rapidly, CFV’s role as a connector and enabler in the Carolinas’ fintech ecosystem will grow, potentially positioning the region as a leading global fintech destination[4]. This aligns with their founding mission to build a vibrant, inclusive fintech community that drives innovation and economic growth.
Carolina Fintech Ventures has 3 tracked investments across 3 companies. The latest tracked deal is $3.0M Seed in iink Payments in October 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 1, 2022 | iink Payments | $3.0M Seed | Grand Ventures | EVE Atlas, Fontinalis Partners, Green EGG Ventures, Motivate Ventures, Simplex Ventures, SpringTime Ventures, IU Ventures |
| Mar 1, 2021 | upSWOT | $4.0M Seed | Igor Ulis | Infinity Ventures, Aiaz Kazi, Knut Frängsmyr, David Rabkin, Hannes Liebe, Kaustav DAS, Kerry Agiasotis, Levi King, First Southern National Bank, Independent Community Bankers OF America, Speedup Group |
| May 22, 2020 | Curu | $3.0M Seed | Vestigo Ventures | Chingona Ventures, Harlem Capital, Holt Xchange, Matchstick Ventures, Techstars, Upscale Fund |