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Finance / Investing

Safeguard Scientifics invested with 5 major banks in this $30M Series E

It's Safeguard's second time investing in New York City-based fintech company Transactis.

Safeguard Scientifics and Capital One are now co-investors. (Capital One Bank branch on June 10, 2013 in New York by Tupungato via Shutterstock)

In August 2014, Safeguard Scientifics led New York City fintech company Transactis’ $11 million Series D.
Eighteen months later, the Radnor-based venture firm has again invested in the company, this time with five major U.S. banks, in a $30 million Series E. Safeguard’s co-investors are Capital One, Fifth Third, TD, PNC and Wells Fargo.
Safeguard CEO Stephen Zarrilli and partner Phil Moyer are both board members of the electronic billing company.

Companies: Safeguard Scientifics
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