Fintech specialist TTV Capital, which has added three partners in the past two years and recently closed on a new fund, has named Paul Todd as a venture partner.
The Atlanta firm previously added two partners to its San Francisco office. Neil Kapur, who had been a principal at B Capital Group, joined in 2021, and Lizzie Guynn, formerly a senior VP at Citi Ventures, came aboard in 2022. Also last year, TTV hired IBM marketing exec Laney Lewis as a partner to oversee investor relations, marketing and communications.
Todd will help TTV Capital’s portfolio companies grow and scale their businesses and advise the firm’s partners on investment decisions. He joins TTV Capital after retiring last year from Global Payments, where he served as senior executive vice president and chief financial officer. Prior to Global Payments, Todd was the CFO at TSYS. Todd is also the former president and CEO of the Synovus Financial Management family of companies.
“I’ve known Paul for a long time – from his early days at Synovus and TSYS to his most recent role at Global Payments – and I’ve always been impressed with the knowledge and candor that he brings to the table,” TTV Capital co-founder and managing partner Gardiner Garrard said in a statement. “We really value Paul’s perspective from his years as a CFO, and we believe he has incredible insight that will benefit both our team here at TTV Capital and our founders. We’re honored to welcome Paul to the firm.”
Founded in 2000, TTV has $750 million in assets under management. It closed on $250 million for TTV Fund VI in February, after raising $127 million for Fund V in December 2020, according to Venture Capital Journal research. Its investors include the Trailsend Foundation, which is an LP in its fourth and fifth funds.
TTV said it has invested in seven companies valued at $1 billion or more, including Bill.com (NYSE: BILL), which automates back-office financial processes for SMBs, Green Dot (NYSE: GDOT), a fintech and bank holding company, and Greenlight, which offers a debit card for kids that is managed by their parents.