National Bank of Commerce (NASDAQ: NCOM)

National Commerce Corporation (Nasdaq: NCOM) is a financial holding company founded in 2004, with headquarters in Birmingham, Alabama. Operating primarily through its subsidiary National Bank of Commerce, it provides a diverse range of financial services to commercial and consumer customers. With a network spanning seven banking offices in Alabama, twenty-two in central and northeast Florida, and two in the Atlanta metro area, the company has established a significant presence in the southeastern United States. Moreover, their majority ownership of Corporate Billing, LLC, a transaction-based finance company, expands their reach, offering services to transportation companies and automotive parts providers throughout the U.S. and parts of Canada. The latest investment of $244.06K in a Seed Round was secured on 09 July 2014, signifying a potential for growth and development. The fact that the last investment did not involve external investors could indicate an opportunity for venture capitalists to engage with the company. With a focus on financial services and banking, National Bank of Commerce presents an intriguing prospect for further investment and potential collaboration. In summary, National Commerce Corporation, through National Bank of Commerce and its diversified financial services, alongside its investments in Corporate Billing, LLC, showcases a strong position within the financial industry. Its recent investment activity and strategic positioning within the southeastern U.S. present an opportunity for venture capitalists seeking investment prospects in the financial sector.