We sit down with Sean Banks, Partner at TTV Capital and recent Georgia FinTech Hall of Fame inductee, to unpack two decades of early-stage fintech investing. From Atlanta’s payments hub to navigating 2008-09 and today’s AI wave, Sean shares portfolio wins, hard-won lessons, and what it takes to build category-defining companies in venture capital.
Sean’s path from Naval Academy & JD to venture capitalTTV Capital’s evolution: Fund I to a $250M Fund VIWhy Atlanta became the global payments hubOperating through the 2008-09 crisis: reserves, concentration risk, and learning to “lean into winners”Portfolio highlights: Bill.com, Green Dot, Greenlight, Featurespace, and moreSeed & Series A focus: check sizes, pacing, and pre-seed “placeholders”Category creation in fintech: embedded accounting, household finance, vertical SaaS + paymentsAI in fintech: getting the last 20% right, timing adoption, and data access shiftsRegulation: Volcker Rule fallout, MTLs, CFPB dynamics, EU data/PII hurdlesWhere TTV is bullish/cautious: BNPL infrastructure, stablecoins’ impact on FX, practical Web3 use casesHow a fintech-focused VC scaled through multiple market cyclesThe traits of founders who raise well and build enduring businessesWhy diversification, partner selection, and reserves matter in early-stage portfoliosHow to evaluate AI and vertical SaaS opportunities in financial servicesPractical guidance for fintech founders on readiness, regulation, and being coachableLinks mentioned in this episode:
TTV CAPITAL: https://ttvcapital.com/
ASSET CLASS: https://www.assetclass.com/
LinkedIn: Sean Banks: https://www.linkedin.com/in/sean-banks-93b3471/
LinkedIn: Ferdi Roberts: https://www.linkedin.com/in/ferdiroberts/
Des McGouran