Oppenheimer hires capital-raising veteran to focus on fintech investing

investmentnews.com:

Oppenheimer has bolstered its focus on the fast-growing financial technology industry with the additional of an industry veteran to its leadership team.

Sean Minnihan has been hired as a managing director and head of Financial Technology Investment Banking.

It’s part of the investment bank and wealth manager’s commitment to the technology industry and leverages Minnihan’s 25 years of experience in the fintech industry, which includes some huge global deals such as Rev Worldwide’s $1 billion acquisition of NetSpend and Concord EFS’ $7 billion sale to First Data. 

“Given the current disruption in the public and private capital raising markets, financial technology companies are in need of trusted strategic and financial advice more than ever,” said Minnihan.

Minnihan’s addition to the firm’s Global Technology Investment Banking team in New York reflects a key focus on advising the emerging and disruptive technology companies that are addressing the next generation needs of the financial services industry. 

“Fintech companies are among the most innovative, dynamic and disruptive, bringing sweeping changes and efficiencies to the financial services sector across payments, banking, wealth management and insurance,” said Robin Graham, head of Technology Investment Banking. “Oppenheimer’s continued investment in areas of significant new company formation such as fintech demonstrates our commitment to connecting the emerging cohorts of value-creating private companies to the highest quality sources of growth capital as well as to larger strategic partners.”