What we do
Leading Financial, Strategic, and Business Advisory Services and Capabilities
The Solomon Partners Fintech team provides financial, strategic, and business advisory services to financial services companies and their partners on significant transactions, strategic partnerships, and important business initiatives.
Sector Coverage
Nate Stulman and Michael Casabona lead a dedicated team of experienced professionals advising clients across our core coverage areas:
B2B Payments
- Trade credit
- Factoring
- Working capital solutions
Consumer Loyalty & Acquisition
- Points transfer programs
- Loyalty platforms & technology
- Lead generation
Credit Cards
- General purpose
- Cobrand
- Private label
- Primary & second-look
Fintech Infrastructure
- Banking-as-a-service
- Sponsor bank programs
- Agent bank programs
Market Infrastructure & Technology
- Electronic trading systems
- Data & analytics platforms
Point of Sale Finance
- Buy-now-pay-later
- Installment loans
- Lease-to-own
- Waterfall technology
Product Capabilities
In addition to our subject matter expertise, our core product capabilities include:
M&A and Capital Raising
- Sellside advisory
- Buyside advisory
- Capital raising
- SPACs
- Fairness opinions
Balance Sheet Advisory
- Forward flow
- Private credit partnerships
- Credit risk transfer
- Innovative deal structures
Strategic Growth Advisory
- Strategic reviews
- Competitive assessments
- Evaluation of new business lines
- Business development & enterprise partnerships
Partnership Structuring & Negotiations
- Program agreements
- Network agreements
- Sponsor bank agreements
- Loyalty coalitions
- Joint ventures
Portfolio Acquisitions & Divestitures
- Portfolio valuations
- Deal structuring & negotiations
- Formal appraisals
Transactions and Strategic Partnerships
We have deep domain knowledge and expertise, having advised on some of the largest and most complex transactions and strategic partnerships in our sector, including:
M&A and Capital Raising
- Luxury Card on its sale to a major global bank
- CURO on the sale of Flexiti subsidiary to Questrade
- ECN Capital on its sale of Kessler Group to Stone Point Capital
- On the Barrelhead on its sale to NerdWallet
- Stoic Lane on a capital raise anchored by Oaktree in conjunction with the acquisition of Interfirst Mortgage
- PayBright on its sale to Affirm
- Bakkt, a subsidiary of Intercontinental Exchange, on its merger into VPC Impact Acquisition
- Bakkt on its acquisition of Bumped Financial
Partnership Structuring & Negotiations
- Saks Fifth Avenue on the movement of its credit card program to Bread Financial from Capital One
- A major US bank on the renegotiation of its credit card program with a major US airline
- BJ’s Wholesale Club on the movement of its credit card program to Capital One from Bread Financial
- Gap on the movement of its credit card program to Barclays and Mastercard from Synchrony and Visa
- Mattress Firm on the renegotiation of its private label credit card program with Synchrony Financial
- Walmart on the movement of its credit card program to Capital One from Synchrony Financial
- L.L.Bean on the movement of its credit card program to Citi and Mastercard from Barclays and Visa
- Aimia on the sale of Aeroplan to Air Canada and the renegotiation of credit card programs among TD Bank, CIBC, Visa, and American Express
- Dillard’s on the movement of its credit card program to Wells Fargo from GE Capital
Portfolio Acquisitions & Divestitures
- GoldenTree Asset Management on the sale of a subprime credit card portfolio JV to a private credit card investor / operator
- CIBC on the acquisition of the Costco Canada credit card portfolio from Capital One
- Bank of America on the valuation of a credit card portfolio in connection with a sale to Bread Financial
- TD Bank on the acquisitions of credit card portfolios from Nordstrom and Target
Balance Sheet Advisory
- Specialist bank on a sponsor bank partnership with a leading Fintech lender
- GoodLeap on a forward flow agreement with a top 15 US bank holding company
