Financial Technology (FinTech)

The WCAS Perspective on Financial Technology

With over $1 trillion in annual technology spending, the financial services industry’s demand for innovative software solutions is resilient and increasing

20 %

annual growth in private markets AUM¹

46 %

of wealth management firms are under pressure from regulators²

10%

of insurers have effectively automated workflows.³

WCAS is investing to drive efficiency and transparency in the financial services industry. Despite being a large, sophisticated user of technology, the industry is often burdened with inflexible legacy systems and outdated processes that struggle to meet changing user expectations, financial market innovation and regulatory demands. We believe these dynamics create significant opportunities for innovative companies.

FinTech Themes We're Excited To Invest Behind

Increasing financial transparency for regulatory reporting and real-time risk monitoring

SaaS products displacing on-premise products

Improved speed and accuracy of decision-making through the usage of data and analytics

We look forward to partnering with leading enterprises and entrepreneurs who share our mission of improving the financial system to better serve consumers and businesses who rely on asset and wealth managers, insurance companies, banks and other financial service providers.

Recent Relevant Experience

“The financial industry has more to gain from technology than almost any other sector.”

- Lawrence H. Summers, Former U.S. Treasury Secretary

See the Sector Team

Michael E. Donovan

General Partner | Technology

Mike Donovan is a General Partner and a member of WCAS’s Management Committee.

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Ryan Harper

General Partner | Healthcare

Mr. Harper is a General Partner in the Technology Group, having originally joined WCAS in 2010.

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Email:person@wcas.com

Sidney Ouyang

General Partner | Technology

Sidney Ouyang is a General Partner at WCAS and focuses on investments in the financial technology and payments sectors. Sidney joined WCAS in 2015 and is based in New York.

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Matt Loomes

Vice President | Technology

Matt is a Vice President at WCAS and joined the firm’s San Francisco office in 2019. Matt spends most of his time evaluating investments in the Data & Info Services and EdTech sectors.

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Nicholas Giacco

VP Business Development | Technology

Mr. Giacco is the Vice President of Business Development and focuses on technology investments, having joined WCAS in 2021. Prior to joining WCAS, he worked at Axial as a Sponsor Coverage Manager.

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Houston Cowan

Associate | Technology

Prior to joining WCAS, Houston worked in Technology, Media and Telecommunications M&A at LionTree Advisors. While at LionTree, Houston worked on both public and private transactions, ranging from working with founder-owned businesses to MGM’s sale to Amazon.

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Kelly Yu

Associate | Technology

Kelly Yu is an Associate in the Technology Group, having joined WCAS in 2024.

Sources: [1] McKinsey [2] Deloitte [3] McKinsey (from Guggenheim)

Meet Our Technology Team

With extensive experience in software, technology investing and operations, our technology team strives to build long-term, sustainable value.

Our Operating Success

We know what we bring to the table — and the value we can deliver. But don’t just take our word for it. Check out some of our past operating successes to see the steady, structured growth WCAS can bring.