Webster Bank
Webster Financial Corporation serves as the holding company for Webster Bank, which provides a comprehensive array of banking, investment, and financial services to individuals, families, and businesses throughout the United States. The bank operates through three primary segments: Commercial Banking, HSA Bank, and Community Banking. The Commercial Banking segment focuses on lending, deposit, and cash management services tailored for middle-market companies, including commercial real estate lending and asset management for high net worth clients. HSA Bank specializes in health savings accounts and related financial solutions for employers and individuals. Community Banking offers a variety of deposit and loan products, including residential mortgages and credit cards, and provides investment services through a partnership with LPL Financial Holdings. Webster Bank also emphasizes digital banking solutions and maintains a presence with numerous banking centers and ATMs. Founded in 1935 and headquartered in Waterbury, Connecticut, Webster Bank prides itself on its community-focused approach while being the largest independent commercial bank in New England.
Past deals in Connecticut
P2 Science
Debt Financing in 2020
Founded in 2009 by Yale scientists and a chemical industry veteran, P2 Science is a venture-backed company specializing in renewable specialty chemicals. It converts renewable feedstocks like vegetable oils into high-value products such as flavor, fragrance, and cosmetics ingredients, serving diverse markets including food, personal care, and industrial cleaning.
Payrailz
Venture Round in 2017
Founded in 2016, Payrailz is a digital payments company that provides advanced bill payment and money transfer solutions for financial institutions like banks and credit unions. Its AI-driven platform offers services such as Smart Pay for electronic bill presentment and payment, Bill Pay for flexible billing management, and Person Pay for peer-to-peer transactions.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.