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SECTOR
Payments & Transaction Processing
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INVESTMENT YEAR
2001
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STATUS
Realized, Acquired by JPMorgan Chase in 2007
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LOCATION
Pleasanton, CA
Xign
Develops solutions for the financial supply chain. Its first product is a business-to-business payment and settlement system that links the accounts payable and accounts receivable processes of buyer and supplier organizations via the Internet.
Investment Theme
Payment industry opportunities given significant and growing market inefficiencies – B2B payments.
Congratulations to FTV portfolio company Enfusion on its initial public offering!
NYSE:ENFN