The Fund primarily focuses on the following three fintech areas:

1
Blockchain Infrastructure

Theme:
Implementation of blockchain technology throughout financial services

Solutions:
Operating businesses focused on supporting the adoption of blockchain technology, real-time payments and alternative payment methods, data harmonization and analytics, and alternative intelligence

2
Bank Technology / Software

Theme:
Digital transformation and adoption of enterprise software and other IT solutions

Solutions:
Financial software, banking-as-a-service, core banking infrastructure, open banking, fraud prevention, AML / KYC, compliance, reporting, and direct-to-consumer online offerings

3
Other Financial Services Software

Theme:
Balance sheet-light businesses operating in traditionally balance sheet-intensive industries

Solutions:
Capital markets software, wealth management technology, AI-based credit decisioning, and mortgages and pensions

Stealth Startup

About

Layer 1 blockchain developer

Details

Year Founded: 2022

Headquarters: Palo Alto, California

Sector: Blockchain Infrastructure

Status: Active Investment

About

Cryptocurrency tax, accounting, and audit technology software

Details

Year Founded: 2016

Headquarters: Atlanta, Georgia

Sector: Blockchain Infrastructure

Status: Active Investment

About

Technology platform for financial advisors to provide cryptoasset services to their clients

Details

Year Founded: 2018

Headquarters: San Diego, CA

Sector: Blockchain Infrastructure

Status: Active Investment

About

No-code technology platform for financial institutions

Details

Year Founded: 2017

Headquarters: San Francisco, California

Sector: Banking Technology / Software

Status: Active Investment

About

Securities lending software

Details

Year Founded: 2015

Headquarters: London, United Kingdom

Sector: Other Financial Service Software

Status: Active Investment

About

Enterprise risk management software and services to financial institutions

Details

Year Founded: 2008

Headquarters: Glen Allen, VA

Sector: Bank Technology / Software

Status: Active Investment

Stealth Startup

About

AI-based platform that enables family offices to find, manage, and sell alternative assets

Details

Year Founded: 2022

Headquarters:  Tel Aviv, Israel

Sector: Other Financial Service Software

Status: Active Investment

About

Digital platform for small business banking

Details

Year Founded: 2014

Headquarters: Reston, Virginia

Sector: Banking Technology / Software

Status: Acquired by MeridianLink, Inc. (NYSE: MLNK) in April 2022

About

Software that facilitates fiat-denominated payments using Bitcoin’s Lightning Network

Details

Year Founded: 2019

Headquarters: Chicago, IL

Sector: Blockchain Infrastructure

Status: Active Investment

Meet the Team
Jonathan D. Bresler

Jonathan D. Bresler

Managing Partner - EJF Silvergate Ventures

Michael Cherepnin

Michael Cherepnin

Partner – EJF Silvergate Ventures

Mark Kendrick, CFA

Mark Kendrick, CFA

Senior Associate - EJF Silvergate Ventures

Miles Healy, CFA

Miles Healy, CFA

Senior Associate - EJF Silvergate Ventures

Jonathan D. Bresler

Managing Partner - EJF Silvergate Ventures

Jonathan is responsible for the management of EJF Silvergate Ventures. Jonathan joined EJF in 2009 as an analyst covering the financial sector and was also involved in the portfolio management of financials-focused hedge and private equity funds.

Jonathan presently serves on the boards of Verady, Inc. (dba. Ledgible) and Original Tech, Inc. (dba Prelim). He previously served on the board of Texan Bank, a Houston-based community bank and was a board observer for several other investments, including Silvergate Capital Corporation. Jonathan holds a BBA in Finance and Real Estate from the Goizueta Business School at Emory University and is a member of the Milken Institute Young Leaders Circle.

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Michael Cherepnin

Partner – EJF Silvergate Ventures

Michael is based in London and is involved in all aspects of investment sourcing, due diligence, and portfolio support. He is also responsible for driving EJF’s broader financial technology investment efforts in Europe.

Prior to joining EJF Michael was a Vice President at Evercore where he advised financial technology and software companies on M&A and capital markets transactions. He began his career as an investment banker in Ukraine covering Central and Eastern Europe.

Michael holds an MBA from Cornell University and a BSc. in Economic Cybernetics from the National Technical University of Ukraine.

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Mark Kendrick, CFA

Senior Associate - EJF Silvergate Ventures

Mark is responsible for sourcing and evaluating investment opportunities, deal execution, and ongoing portfolio company support.

Mark joined EJF in 2018 working initially to support the firms’ corporate strategies; additionally, he was previously a member of the EJF Acquisition Corp. team. Mark previously worked at The Carlyle Group on their Financial Services and Global Partners fund platforms. Mr. Kendrick holds a B.B.A. in Finance and double majored in Music from The College of William & Mary and is a CFA Charterholder.

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Miles Healy, CFA

Senior Associate - EJF Silvergate Ventures

Miles is responsible for sourcing, evaluating, and executing financial technology and blockchain investment opportunities, in addition to working with portfolio companies on strategic initiatives.

Miles joined EJF in 2022 and was previously an Associate at Blackstone, where he focused on investing in financial services businesses. Prior to joining Blackstone, he evaluated direct growth equity and venture capital fund investments for J.P. Morgan. He holds a BBA in Finance and International Business from George Washington University and is a CFA Charterholder.

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EJF Capital LLC

EJF Capital LLC is a global alternative asset management firm focused primarily on regulatory event-driven investing within the financial sector.  EJF was founded by Manny Friedman and Neal Wilson in 2005 and is headquartered outside of Washington, D.C. As of September 30, 2022, EJF manages approximately $4.2 billion across a diverse group of alternative asset strategies.

Silvergate Capital Corporation

Silvergate Capital Corporation (NYSE: SI) is the leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry. The Company’s real-time payments platform, known as the Silvergate Exchange Network, is at the heart of its customer-centric suite of payments, lending and funding solutions serving an expanding class of digital currency companies and investors around the world. Silvergate is enabling the rapid growth of digital currency markets and reshaping global commerce for a digital currency future.

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