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Private Equity Investing in Financial Technology

A community for discussing investments made in financial technology providers by the venture capital and private equity community.

Marite Ferrero - CardSwitch Technology - London | 25/05/2010 | 9917 views

How will the Durbin Swipe Bill affect payments in the U.S.

The 2008 $48 billion VISA and Mastercard interchange fees that Senator Durbin mentions all throughout his bill is as a result of $2.864 trillion of VISA and MC debit and credit card charges. What this means is that the average interchange fee is a very reasonable 1.676%.Senator Durbin also mentions that the the U.S. interchange fee is the highest i... Tags: Cards, Payments

Marite Ferrero - CardSwitch Technology - London | 03/02/2010 | 6230 views | 2 comments

An American Dream and the hard life of an entrepreneur

In the early 90's my employer, the phone company in California spent over $50000.00 to send me to get certified to be a Systems and Application Developer, specializing in mainframe. This, after I paid for my own college education. A couple of years later, the phone company wanted to trim its staff and offered 'early out' packages. I took this sinc... Tags: Cards, Risk & regulation

Marite Ferrero - CardSwitch Technology - London | 08/01/2009 | 8720 views

Mastercard acquires Orbiscom - a validation ?

As the inventor of the PATENTED system (6931382 USPTO) that enables cardholders to set their own user limits for their real card accounts, this validates all the work I have done to design and create this patented system. ORBISCOM's patents (tagged as 6636833 and 7136835 USPTO) are clearly limited to what they call 'limited use' card numbers whic... Tags: Cards, Security

Elton Cane - Independent - Brisbane | 03/06/2008 | 3496 views

As cool as ICE

The Creditex acquisition looks like third-time lucky for ICE, which has been keen to follow the same horizontal growth strategy being successfully pursued by other exchange groups over the past few years.Vertically, it has already this month received permission to expand into European clearing, with the FSA approving the operations of ICE Clear Eur... Tags: Trade execution, Wholesale banking

Kiyan Foroughi - TA Associates - London | 26/11/2007 | 4072 views

PE and Fintech: Finding Each Other At Last

I recently came across a report from TowerGroup entitled "Private Equity and Financial Technology Vendors: Finding Each Other at Last" published by Stephen Bruel last July. In his report, Mr. Bruel estimates that 2.8% of all private equity transactions between 2005 and Q107 were in the financial technology companies, representing $33 bill...