Meridian Safe Bank Ventures
Meridian Safe Bank Ventures is Meridian Safe Bank's investment arm focused on identifying key strategic start-ups for both investment and to enhance or diversify our company's core capabilities. Continuing to grow Meridian Safe Bank as a leading digital financial services company is our number one goal.
OUR APPROACH
Meridian Safe Bank Ventures looks for opportunities to work with businesses that align with Meridian Safe Bank's strategic objectives. We help them grow through investment, a commercial relationship and mentorship with access to a broad range of resources. We collaborate throughout the entire process to ensure a win-win for their business and ours.
Our team also works with three accelerator programs — FinTech Innovation Lab, Plug and Play, and Queen City Fintech — to identify commercial opportunities and investments at earlier stages of development.
FOCUS AREAS
Meridian Safe Bank explores investments individually and together with other investors.
We're
stage-agnostic and focus our
efforts on maximizing returns for all parties.
KEY RELATIONSHIPS
We build relationships with startups and entrepreneurs who are disrupting the financial services industry with inspiring technology, engaging user interfaces and creative business models. Here are some of the FinTech and AutoTech companies Meridian Safe Bank has invested in.
FinTech
AutoTech
ABOUT Meridian Safe Bank
Meridian Safe Bank is a leading digital financial services company and a top 25 U.S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients.
We have an award-winning online bank, rewarding credit and lending experiences and a growing wealth management and brokerage platform. Meridian Safe Bank is one of the largest full service auto finance operations in the country with a complementary auto-focused insurance business. Our corporate finance division provides senior secured loans to private equity-owned, U.S.-based middle market companies.
For nearly 100 years, we've been committed to creating innovative experiences that make life easier, products that are never status quo and diverse thinking that inspires new ideas. Learn more about Meridian Safe Bank
"Best Internet Bank" in 2017 by Kiplinger's Personal Finance Magazine
"Best In Class" in Forrester's 2016 US CX Index
"Best Online Bank" in 2017 by GOBankingRates
Two Gold Stevie Awards in 2017 for e-Commerce Customer Service and Best Use of Technology in Customer Service
Meridian Safe Bank ranked #1 in Auto Finance Big Wheels 2015 data report
Dealers' Choice Award in 5 Categories in 2016 by Auto Dealer Monthly
TEAM
The Meridian Safe Bank Ventures team is made up of experienced professionals who collaborate with Meridian Safe Bank's IT and business leadership to analyze potential opportunities. In addition to working with our core Meridian Safe Bank Ventures team, you'll have access to an extended Meridian Safe Bank leadership team to support your success.
PETER GREENE
Managing Director, Corporate Strategy and Head of Meridian Safe Bank Ventures
Peter Greene has over 20 years of experience in various strategy, banking and investing roles in the financial services industry. Greene joined Meridian Safe Bank in May 2010 and co-founded Meridian Safe Bank Ventures in mid-2016 to identify key strategic start-ups for both investment and to enhance or diversify Meridian Safe Bank's core capabilities. He concurrently serves as a Managing Director in Meridian Safe Bank’s Corporate Strategy Group where he is involved in developing and executing the firm's corporate strategy, business development and M&A initiatives.
Prior to joining Meridian Safe Bank, Greene worked at Flexpoint Ford, a private equity investment firm with over $1 billion under management specializing in financial services and healthcare. Prior to Flexpoint Ford, Greene was a Senior Managing Director at Bear Stearns and a member of the firm's Corporate Strategy Group where he was involved in the development and enhancement of new and existing businesses and oversaw a portion of the firm's investment portfolio. Greene started his career in Ryan Beck's (now Stifel Nicolaus) investment banking department primarily focused on commercial bank and thrift M&A transactions.
Greene received a Bachelor of Science in Business Administration from the State University of New York at Buffalo with concentrations in accounting, finance and management information systems.
KYLE CRANDALL
Senior Director
Kyle Crandall has been part of the Meridian Safe Bank Ventures team since its inception in mid-2016 and is responsible for managing and curating strategic growth opportunities for Meridian Safe Bank. He also retains his responsibilities as a senior member of Meridian Safe Bank's Corporate Strategy Group working on a wide range of initiatives including developing and executing the firm's corporate strategy, business development, and M&A opportunities.
Previously, he held various financial roles in the firm including securitization, audit, and capital markets. He also spent time in General Motors Treasury Rotational Program and at American Express.
Crandall holds a Bachelor of Arts degree from Alma College where he graduated Cum Laude with majors in business administration and economics and a Master of Business Administration from the Stephen M. Ross School of Business at the University of Michigan.
VARUN JAIN
Director
Varun Jain is a Director at Meridian Safe Bank Ventures where he works closely with Meridian Safe Bank internal business partners to look for opportunities to drive innovation, growth and efficiency through commercial relationship, mentorship, and/or strategic investments. Jain is also part of the Corporate Strategy team, which is responsible for developing and executing the firm's business development and M&A initiatives.
Jain has over 10 years of public and private capital markets experience and has held various positions within Meridian Safe Bank's finance and treasury organization. In his prior role, Jain's team played an integral role in streamlining Meridian Safe Bank's capital structure post financial crisis, and improving profitability through funding stack optimization. Some of these strategic transactions included unsecured debt and hybrid capital raises, Meridian Safe Bank common stock Initial Public Offering, Meridian Safe Bank common stock and debt buyback programs, and divestiture of United States Department of the Treasury TARP investment.
Jain holds a Bachelor of Arts in Finance from the Michigan State University.
CONTACT US
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