Thread Bank strengthens its reach with new director of FinTech Partnerships

BRENTWOOD, Tenn., 1 March 2023 /PRNewswire/ — Thread Bancorp, Inc. (Wire bank) are pleased to announce Andrew Montgomery has joined the team as Senior Vice President/Director of FinTech Partnerships. In this role, Montgomery is responsible for identifying and building strategic partnerships with other financial technology companies and enhancing Thread Bank’s growing suite of digital products and services.

Prior to joining Thread Bank, Montgomery was most recently Managing Director, Venture Banking at Live Oak Bank, where he helped lead the newly formed Venture Banking group by providing banking services to high-growth technology companies. He also worked closely with venture capital funds that support the innovation economy.

Prior to Live Oak, Montgomery was a director at Silicon Valley Bank and helped lead the Technology Banking group in the New York. He also previously held roles at CapStar Bank and Square 1 Bank. Montgomery is educated at Wofford Collegewhere he earned a bachelor’s degree in finance, and the Haslam College of Business at University of Tennesseewhere he completed an MBA with a concentration in finance and entrepreneurship.

“I am excited to join the Thread team and work at the forefront of the rapidly changing banking industry,” said Montgomery. “Thread has built an innovative digital-first banking platform and I look forward to supporting FinTechs to help drive value and long-term success.”

“I am thrilled to welcome Andrew to Thread as our new Senior Vice President/Director of FinTech Partnerships,” said Thread CEO and President Chris Black. “Andrew brings a wealth of experience and expertise to the role and I have no doubt that he will play a critical role in driving our efforts to expand and deepen our partnerships within the FinTech ecosystem as we seek to three embedded banking services into our partner. platforms.”

Thread Bank, a subsidiary of Thread Bancorp, Inc. is an FDIC-insured bank that provides embedded and digital banking services to nationwide and community banks in East Tennessee. For more information visit wire.bank.

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SOURCE Thread bank

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