Ampersand Inc., a financial services provider based in the Midwest, has joined the American Fintech Council (AFC), as announced by AFC on March 13, 2025. The firm specializes in deposit management solutions and aims to enhance treasury management services for financial institutions and depositors.
Phil Goldfeder, CEO of AFC, expressed enthusiasm about Ampersand's membership. "Ampersand’s commitment to delivering tailored deposit management solutions that serve the unique needs of financial institutions and depositors strongly aligns with AFC’s mission to foster responsible innovation and financial inclusion," he stated. He further noted Ampersand's technology-driven platform and focus on financial security as valuable assets to the community.
Ampersand offers a range of treasury management services such as payment processing, lending solutions, and tax reporting. Their platform, AmpersandALIGN, provides a centralized hub for managing deposits across partner banks, enabling clients to access competitive interest rates while minimizing risks.
Kelly A. Brown, CEO of Ampersand, commented on the company's goals: "Our goal at Ampersand is to revolutionize and optimize deposit management, providing depositors and financial institutions with solutions that are secure, efficient, and aligned with their financial objectives." She highlighted that joining AFC allows collaboration with industry leaders in developing responsible financial solutions.
The American Fintech Council represents leading fintech companies and innovative banks offering embedded finance solutions. It supports responsible innovation in financial services through promoting transparency and inclusivity.
Ampersand was founded by experienced banking professionals aiming to address distinct treasury management needs. They are supported by investors JAM FINTOP and Patriot Financial Partners.
For more details about Ampersand's work in pioneering treasury management, visit their website at www.trustampersand.com.