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Atlantic Capital Bank expands into Fintech Banking with strategic new hire

By GlobeNewswire,  December 04, 2017, 09:00:00 AM EDT


ATLANTA, Dec. 04, 2017 (GLOBE NEWSWIRE) -- (NASDAQ:ACBI) - Chris Stanley joins Atlantic Capital Bank as Vice President of Fintech Industry Banking, to lead Atlantic Capital's Fintech Banking practice.

VP, Fintech Industry Banking Atlantic Capital Bank




A photo accompanying this announcement is available at:

http://www.globenewswire.com/NewsRoom/AttachmentNg/14092078-5625-4fda-9737-277f20e7fdc5

Expanding on a successful payments industry line of business, the new fintech banking practice will focus on emerging growth and growth-stage companies in this evolving technology segment. This will bolster Atlantic Capital's core deposit gathering strategy.

"I'm thrilled to be part of the next chapter of Atlantic Capital's growth story," Stanley said. "We are excited to provide fintech companies across the Southeast a new banking partner that understands their market, target customers and their day-to-day operating requirements."

Nathan Ottinger, Senior Vice President of Atlantic Capital's Payments Industry Banking team, commented, "Atlanta is increasingly becoming a global fintech hub and Chris is uniquely qualified to serve our growing portfolio of fintech clients. We are excited to have Chris on the team and our clients and partners are excited to be working with such a knowledgeable and thoughtful banker."

Stanley has more than 17 years of experience in corporate banking and supporting technology companies. Before joining the Atlantic Capital Bank team, Chris held a variety of operations and finance roles with tech companies ranging from pre-revenue to greater than $50 million in revenues. Chris most recently served as VP of Finance for FINSYNC, an Atlanta based fintech Company.

Prior to FINSYNC and through his own startup practice, Techcelerator, Stanley served as interim CFO and VP of Corporate Strategy for growth stage software analytics and healthcare companies, securing more than $35 million in new growth equity and debt capital.

Prior to Techcelerator, Stanley was Vice President at Silicon Valley Bank. During his time at SVB, Chris worked with early and growth stage companies across a variety of technology sectors, including leading the bank's asset-based lending efforts in the Southeast.

"As a tech banker, I always felt that I understood my clients well, but having been on the inside these last five years has given me a different and unique perspective that I am now leveraging to help our clients execute their growth plans and achieve success," Stanley said.

Stanley is active in the Atlanta tech community, most recently having served as Chair of the MIT Enterprise Forum of Atlanta. He lives in Sandy Springs with his wife and their four children.

Atlantic Capital Bank, NA is a subsidiary of Atlantic Capital Bancshares, Inc., which is a $2.6 billion publicly, traded bank holding company headquartered in Atlanta, Georgia. Atlantic Capital offers banking, treasury management, capital markets, trust, and mortgage services to privately held companies and individuals in Atlanta, eastern Tennessee, northwest Georgia and Charlotte, NC. Atlantic Capital also provides specialized financial services to select clients nationally. For more information, visit our website at www.atlanticcapitalbank.com.

Contact:
Ashley Carson
Corporate & Community Affairs Executive
ashley.carson@atlcapbank.com
404-995-6050

Source: Atlantic Capital Bancshares, Inc.

This article appears in: News Headlines

Referenced Stocks: ACBI


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