Financial services firm brings advanced deposit optimization and treasury management capabilities to AFC

Waukesha, WI (March 13, 2025) – The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, today announced the addition of Ampersand Inc., as its newest member. Ampersand Inc. is a Midwest-based financial services provider specializing in innovative deposit management solutions, giving financial institutions and depositors streamlined access to customized treasury management services. By joining AFC, Ampersand aligns with a community of responsible innovators dedicated to advancing security, transparency, and stability in the financial system.

“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,” said Phil Goldfeder, Chief Executive Officer of AFC. “Their cutting-edge, technology-driven platform, industry-leading management team, and steadfast focus on financial security make them a valuable addition to our community. I am excited to work alongside the amazing Kelly A. Brown and the team at Ampersand to drive forward our shared vision of creating a transparent and inclusive financial ecosystem.”

Ampersand offers a variety of treasury management services, including payment processing, lending solutions, and tax reporting, to help clients optimize their financial operations and enhance overall efficiency. Through its innovative technology platform, AmpersandALIGN™, Ampersand provides clients a centralized hub that aggregates, analyzes, and optimizes deposits across a procured partner bank network. This enables businesses and organizations to access competitive interest rates, minimize risk, and ensure that their deposits align with their values and financial 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,” said Kelly A. Brown, Chief Executive Officer of Ampersand. "Joining the American Fintech Council allows us to collaborate with industry leaders and contribute to the development of responsible financial solutions that promote growth and opportunity for all.”

A standards-based organization, AFC is the premier trade association representing the largest financial technology (Fintech) companies and innovative banks offering embedded finance solutions. AFC’s mission is to promote a transparent, inclusive, and customer-centric financial system by supporting responsible innovation in financial services and encouraging sound public policy. AFC members foster competition in consumer finance and pioneer products to better serve underserved consumer segments and geographies.

About Ampersand
Ampersand, Inc. is a Midwest-based financial services firm, founded by highly experienced banking professionals, and dedicated to addressing the distinct treasury management needs of financial institutions and depositors. The Ampersand team has more than 200 years of extensive experience in banking and treasury management and is supported by co-lead investors JAM FINTOP and Patriot Financial Partners. For more information on how Ampersand is pioneering treasury management and values-based banking, visit www.trustampersand.com.

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