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Cred Crypto Lender Names PayPal Veteran As CFO

PYMNTS

He has 22 years of experience, most recently as a partner in the international law firm Bryan Cave Leighton Paisner LLP, where he led the firm’s FinTech practice team. He is also a past chairman of the Financial Institutions Committee of the California State Bar, as well as a past president of the San Francisco Bank Attorneys Association.

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Sezzle Names Former PayPal Exec To Lead Sales

PYMNTS

Sezzle , the Minneapolis-based installment-based payments platform, has announced the appointment of Reid Bork to its leadership team. In February, the four-year-old FinTech startup announced it had topped one million customers. In January, Sezzle was denied a crucial lending license from California.

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PayPal Veteran Hired As BlueVine CCO

PYMNTS

Silicon Valley FinTech startup BlueVine has named Brad Brodigan as chief commercial officer to oversee sales and other income-producing functions, the company said in a press release on Tuesday (Sept. Brodigan is a FinTech veteran with more than 25 years of executive and C-suite experience and a deep understanding of SMB challenges.

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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. That’s enough to send normal people into the fetal position.

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Preparing for Section 1071

Abrigo

Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. California Reinvestment Coalition v. Proposed Rule.

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Chinese Officials Join US Politicians In Suddenly Falling Out Of Love With Big Tech 

PYMNTS

Any FinTech disruptor, when it becomes so big, represents systemic risk,” he told Webster. Either way, Jiang wrote, “the era of regulatory arbitrage appears to have ended, with China’s economic leadership beginning to respond to the reality that [FinTechs] will shape the future of financial services.”.

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Mercury Notches $20M To Fund Startups

PYMNTS

California -based digital bank Mercury has announced it has raised $20 million in Series A funding that will be used to build a bank for startups.