PRINCETON, NJ – APRIL 12, 2018 -- Edison Partners, the growth equity investment firm, has been named LendIt Fintech’s Top Fintech Equity Investor. The award is given to the venture capital or private equity firm that has invested in a range of successful fintech companies and contributed to the industry's vision. Edison was selected among five notable peers by more than 30 industry experts who judged based on innovation, emerging talent and performance.
“We are honored to receive this award. It reflects our differentiated approach to investing in and creating value for exceptional fintech businesses,” said Chris Sugden, Managing Partner of Edison Partners. “With roughly $300 million invested in fintech since 2002, and just under $50 million over the last 12 months, we are proud of the reputation our team has developed with entrepreneurs as domain experts and operators that can help them accelerate and scale growth.” Recent Edison Fintech investments include Clearpool, MoneyLion, Solovis and GAN Integrity.
Edison led two rounds of financing in MoneyLion totaling $27 million since December 2016. MoneyLion the digital personal finance platform has grown more than 100 percent since Edison’s initial investment. MoneyLion was also recognized at LendIt’s awards celebration on Tuesday evening as Top Emerging Technology Company.
Edison Partners has financed and guided more than 200 private companies, including 40 fintech companies. Noteworthy fintech exits include EdgeTrade, FolioDynamix, GAIN Capital, Liberty Tax, OptionsCity and Princeton Financial. Edison’s active growth equity investments include: Axial, BFS Capital, Billtrust, Clearpool Group, ComplySci, GAN Integrity, Predata, Scivantage, Solovis and TraderTools.
About LendIt Fintech
LendIt Fintech is a recognized global internet finance industry leader, founded in New York in 2013. Its aim is to gather industry elites to discuss and explore latest trends in the development of international financial technology. LendIt Fintech has become the largest event in financial services innovation as it hosts three annual conferences, LendIt Fintech USA, LendIt Fintech Europe, and Lang Di Fintech, and dozens of complementary online and in-person industry events. LendIt also owns and operates one of the world’s leading industry educational channels, Lend Academy.
About Edison Partners
For more than 30 years, Edison Partners has been helping CEOs and their executive teams navigate the entrepreneurial journey and build successful companies. Through the unique combination of growth capital and the Edison Edge platform, consisting of operating leverage, the Edison Director Network, and executive education, Edison employs a holistic approach to accelerating growth and creating value for businesses ($5 to $20 million in revenue) in fintech, healthcare IT and enterprise solution sectors. Edison investment objectives also include: buyouts, recapitalizations, spinouts and secondary stock purchases. Edison’s active portfolio has created aggregate market value exceeding $10 billion. Its long-tenured team based in Princeton, NJ manages more than $1 billion in assets throughout the eastern United States.