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France’s Groupe BPCE Acquires Munich-based Fidor Bank

Fintech Labs Insights

Quoted in the Financial Times , BPCE chairman François Perol said that the acquisition “demonstrates our commitment to innovation, to developing a customer centric approach enabled by digital banking technology, and to be more involved in the digital and mobile banking field.” ” Kröner, whose bank expanded to the U.K.

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CaixaBank Launches imaginBank, a Mobile-Only Bank for Millennials

Fintech Labs Insights

Chairman of “la Caixa” Group, Isidro Fainé underscored this point, saying that, with imaginBank , Caixabank has successfully leveraged both its “leadership in the world of innovation and mobility” and its “experience as a leading bank among the young client segment in Spain.”

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11 Lessons From Startup Chapter 11s

CB Insights

The marketplace blended crowdsourcing and social media to create hype around new inventions; help inventors find partners, funding, and manufacturing resources; and sell their gadgets to major nationwide retailers such as Home Depot and Target. Magazine, and the company picked up $40M in VC capital from Index Ventures.

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