Fintech fund Opus Global hires Goldman Sachs veteran Julio Quinteros

Fintech fund Opus Global hires Goldman Sachs veteran Julio Quinteros

Opus Global, the new $500 million fintech investment fund set up by former VeriFone CEO Doug Bergeron and private equity house GTCR, has poached Goldman Sachs veteran Julio Quinteros.

Quinteros - who takes on the role of SVP, corporate development - has spent the last 15 years at Goldman working as an equity analyst, most recently leading the IT Services research effort, where his coverage included fintech firms in areas such as POS technologies, acquirers, pre-paid, and payment processors.

He joins a fund that GTRC has committed $450 million to, with Bergeron chipping in another $50 million. It has promised to invest in companies ranging from smaller, entrepreneurial businesses to multibillion-dollar enterprises.

Says Quinteros: "This is an exciting time in the evolution of the financial technologies landscape with the convergence of data, point-of-sale, consumer-led technologies, and regulatory requirements forcing a revamp of industry value chains and market approach.

"While many companies are working to establish their footprints or redesign existing business models, I believe that we are still in the early rounds of this evolution and look forward to working with Doug and the team at GTCR in helping identify and create a global financial technology platform that will benefit from the transformation of the industry."

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