Chicago, IL – RF Investment Partners is excited to announce the closing of a growth capital investment in Allied Payment Network (“Allied”), which is based in Fort Wayne, Indiana. Allied is a leading provider of payment solutions to banks and credit unions across the United States.
“This new investment from RF underlines our commitment to remaining the market leader in providing first-to-market, modernized solutions that meet consumer and small business payments expectations,” said Ralph Marcuccilli, CEO and founder of Allied. “Together with RF, we can capitalize on additional opportunities that further our mission of harnessing the power of technology to support our financial institution clients’ success.”
Allied president Kelli Schultz added, “Today’s banking industry demands financial institutions to provide a simplified, faster and more transparent bill management experience. Our solutions, with the RF partnership, position us to deliver.”