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California’s fintech startups are invading New York

Bank Innovation

together in 2010, there was little question about where they should put their headquarters. When two Irish brothers started Stripe Inc. It had to be California. Now, though, Stripe is leaving the tech mecca of San Francisco, awash in tech talent and investor cash, and is in the process of moving its main office about 10 […].

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Fintech 1, 2 and 3.0 … there’s an elephant in the room and it’s under attack

Chris Skinner

I was piqued by Victor Matarranz’s [SEVP Head of Group Strategy and Chairman’s Office, Banco Santander] presentation at MoneyConf last week, mainly because he began by talking about Fintech 1.0 versus Fintech 2.0. Fintech 1.0

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German FinTech N26 Eyes IPO With Hiring Of New CFO

PYMNTS

German neobank N26 hired Dr. Jan Kemper as its new chief financial officer (CFO) as the Berlin-headquartered FinTech looks toward a future initial public offering (IPO). In his eight years at the startup, he helped grow market capitalization to 11 billion euros from 2010 to 2017. Its most recent valuation was $3.5

Fintech 254
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FinTech Stripe Eyes Funding Round That Could Put Valuation At $100B

PYMNTS

FinTech Stripe is considering a funding round to value it higher than the $36 billion it got on its last round, Bloomberg reports. Stripe was founded in 2010 by Irish brothers John and Patrick Collison , who sold their first company when they were teenagers for $5 million, according to Bloomberg.

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Innovative Ecosystem Draws FinTech Firms To Toronto

PYMNTS

Toronto is a powerhouse for financial innovation in Canada: The city has the most sizable ecosystem for FinTech in the country, with 185 startups per one count. NorthOne , a FinTech firm that focuses on small business owners, is one of the companies that call the city home. Funding rounds and exits have followed suit.”

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FinTech Veteran Dan Henry Tapped To Lead Green Dot

PYMNTS

Branchless bank and FinTech Green Dot has reported that Dan Henry will step in as its new president and CEO, and will also join the board of directors. Dan is a highly regarded leader and accomplished executive with operational expertise and over two decades of deep experience in the FinTech space. billion all-cash sale to TSYS. “I

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FinTech Firms On The New FinTech Charter

PYMNTS

Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves players with only those two stark choices, according to Bruce Parker, founder and CEO of Modo , which describes itself as a “cloud-based utility” that enables payment system interoperability. FinTech Improvements.

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