Financial Technology and Services




    Realized, Acquired by Blackhawk Network in 2024


    Seattle, WA


Cloud-based digital gift card and incentives platform for enterprise customers providing employee rewards and customer incentives and rebates.

Investment Theme

B2B prepaid market is large and growing, and the gifting/incentive space continues its move from physical to digital delivery.

“As a successful, rapidly growing company, we were looking for more than just a capital partner. FTV has proven to be so much more than capital. We have been able to leverage their deep domain expertise in payments as well as their decades-long experience helping companies, like Tango Card, navigate the challenges and opportunities of scaling. The FTV team has helped our efforts around team expansion and also identified and helped secure an industry veteran as an independent board member. They have brought best practices to all of our forecasting, reporting and account management processes. We have benefitted from FTV’s vast understanding of the market landscape, as they sourced and helped finance and execute a highly strategic acquisition for Tango Card. And the FTV team continues to offer strategic insight around our product and commercial roadmap as Tango Card further accelerates it’s growth. A truly unique and high-value effort is the FTV Annual Partner Conference, which yields important networking and prospective commercial opportunities for FTV’s portfolio companies.”

DAVID LEEDS  |  CEO and Founder

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