Advent International Appoints Fintech Executive Kahina Van Dyke as Operating Partner
Business Wire Oct 10, 2023 14:00Seasoned Leader Will Strengthen Advent’s Fintech Practice
BOSTON--(BUSINESS WIRE)--Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced the appointment of Kahina Van Dyke as an Operating Partner. Van Dyke will play a key role in further building out Advent’s fintech franchise, working collaboratively with the firm’s Technology and Business & Financial Services teams to identify new opportunities and support the management teams of its relevant portfolio companies.
“We’re thrilled to welcome Kahina as an advisor to Advent given her experience across banking, payments and technology,” said Eric Noeth, Managing Director at Advent. “Kahina has been at the forefront of fintech for more than three decades. Working on-the-ground in more than 50 countries over the course of her career, Kahina brings an invaluable wealth of global experience from her roles at several leading financial institutions, large technology companies and high-growth start-ups. We look forward to working with her to identify and invest in disruptive technologies that can transform the fintech industry.”
Prior to joining Advent, Van Dyke served as the Global Head of Digital Channels & Data Analytics at Standard Chartered Bank. In this role, she led the company’s vision to become the leading digital banking platform for global trade, commerce and financial services. Previously, Van Dyke led the Corporate and Business Development teams at Ripple, a blockchain-based payments company, shepherding the development of new strategic partnerships. While at Ripple, Van Dyke was instrumental in forming the company’s strategic relationship with and $30 million equity investment in MoneyGram, where she served as a Board Observer and helped develop a commercial partnership to leverage blockchain technology and facilitate cross-border payments. Van Dyke also served as Global Lead of Financial Services and Payments at Meta (formerly known as Facebook), where she helped launch new consumer payments partnerships and financial solutions to billions of users. Prior to Meta, Van Dyke was SVP of Global Initiatives at Mastercard, where she led go-to-market strategies for globally scalable payment solutions. Previously, Van Dyke worked at Citibank where she helped launch several new e-commerce solutions nationally and internationally, including the first mobile wallet launch, and led product management and business development across various markets in Europe and the Middle East.
"I am excited to partner with Advent to support their investment efforts and work alongside their portfolio companies, particularly in the software, payments and financial services sectors,” said Van Dyke. “As one of the preeminent leaders in global fintech investing, Advent has deep domain expertise and meaningful experience helping scale some of the world’s largest companies. I am eager to begin working closely with portfolio company management teams to help strategize, identify and implement growth opportunities.”
“We’re honored and fortunate to have someone of Kahina’s caliber work with our team,” said Jeff Paduch, Managing Partner at Advent. “In addition to her extensive international industry expertise and stellar track record of digitizing finance, Kahina is a proven leader who is passionate about attracting, developing and mentoring the next generation of talent. She is also a founder, non-profit board member and entrepreneur with the ability to apply strategic out-of-the-box thinking with a people-focused leadership framework, allowing her impact to be seen across multiple sectors. We look forward to building on Kahina’s legacy of evolving traditional models of finance to invest in and support the next wave of innovative fintech leaders.”
Recognized as a thought leader within the fintech industry, Van Dyke has received several accolades for her accomplishments, including being named #1 on The Financial Technology Report’s 2019 list of Top 25 Women Leaders in Fintech. Additionally, in 2020, she was named as Top Women in Banking by FintechFutures, and in 2021, Van Dyke was listed in the inaugural list of Top 100 African Americans/Blacks with storied successes by The Board IQ. She currently serves on the Board of Directors at The Progressive Corporation (NYSE: PGR). Van Dyke received her Bachelor of Arts in political science and government from the University at Albany.
Advent has long been an investor in the fintech space, with its largest investments including Vantiv, Worldpay, TransUnion, XPLOR, Conservice, CCC Intelligent Solutions, Planet and Nexi.
ABOUT ADVENT INTERNATIONAL
Founded in 1984, Advent International is one of the largest and most experienced global private equity investors. The firm has invested in over 410 private equity investments across 42 countries, and as of March 31, 2023, had $95 billion in assets under management. With 15 offices in 12 countries, Advent has established a globally integrated team of over 290 private equity investment professionals across North America, Europe, Latin America and Asia. The firm focuses on investments in five core sectors, including business and financial services; health care; industrial; retail, consumer and leisure; and technology. For over 35 years, Advent has been dedicated to international investing and remains committed to partnering with management teams to deliver sustained revenue and earnings growth for its portfolio companies.
For more information, visit
Website: www.adventinternational.com
LinkedIn: www.linkedin.com/company/advent-international
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