Oppenheimer hires capital-raising veteran to focus on fintech investing

Oppenheimer hires capital-raising veteran to focus on fintech investing
The firm has appointed a head of financial technology investment banking to lead investment and financial advisory for the growing industry.
JUL 27, 2023

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.

NEXT-GEN FINANCIAL SERVICES

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.” 

Latest News

Maryland bars advisor over charging excessive fees to clients
Maryland bars advisor over charging excessive fees to clients

Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.

Wave of SEC appointments signals regulatory shift with implications for financial advisors
Wave of SEC appointments signals regulatory shift with implications for financial advisors

Reshuffle provides strong indication of where the regulator's priorities now lie.

US insurers want to take a larger slice of the retirement market through the RIA channel
US insurers want to take a larger slice of the retirement market through the RIA channel

Goldman Sachs Asset Management report reveals sharpened focus on annuities.

Why DA Davidson's wealth vice chairman still follows his dad's investment advice
Why DA Davidson's wealth vice chairman still follows his dad's investment advice

Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.

401(k) participants seek advice, but few turn to financial advisors
401(k) participants seek advice, but few turn to financial advisors

Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave