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Chime Commands $1.5B Valuation After Capital Raise

PYMNTS

According to a report in CNBC , the San Francisco startup said the Series D round of venture funding was led by DST Global , as well as new investors Coatue, General Atlantic, ICONIQ Capital and Dragoneer Investment Group. The company also plans to double its size to more than 200 employees and expand its leadership team.

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Southern Bancorp is building wealth for everyone

Independent Banker

approached him about a leadership position in 2013. Traditionally, community banks have supported CDFIs through making charitable contributions, providing loan capital to CDFI loan funds or, at the highest range, making an equity investment in a CDFI. Location: Arkadelphia, Ark.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Breaking Banks Breaking Banks , billed as the #1 global fintech podcast and radio show, began in 2013 and is hosted by media firm Provoke.fm. Guests and Marksberry typically talk leadership, life, and advice for listeners, all while telling stories of their journeys to leadership in the financial sector. keep me informed.

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Got $9M? Then You Can Get A Bank

PYMNTS

The site Baltic-course.com noted that the two new co-owners put two million Euros in the bank to boost its capital position. million of promissory notes the company says it issued between January 2013 and November 2013,” according to the site. The bank ranked 23rd in the state as measured by assets at the end of last year.

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Best Buy’s Board Loses Former CEO

PYMNTS

In his place, corporate venture capital leader Claudia Fan Munce assumed his seat on the board as of Monday, though Anderson will remain with the retailer until its yearly shareholder conference in June. “I Paul Business Journal explained. “It

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Community Banking According to Andy

Jeff For Banks

He exemplifies the best of next generation bank leadership, with eyes wide open to the next iteration of banking in our rapidly changing environment. 1/ @Schornack At the end of July 2013, we invested $1.8MM to buy 49% of Flagship Financial Group, Inc. Jackie Herman, our COO 2013. Andy graciously said yes. million in loans.

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The New Lending Fintech Bonanza

Gonzobanker

Congrats to Orlando Bravo and team at Thoma Bravo for a rapid increase in valuation in a short 18 months after its February 2019 purchase of Elle Mae at 7X revenue (reminiscent of Bravo’s 2013 flip of Digital Insight from Intuit to NCR ). mortgage market. Key Questions Banking Execs Should Be Asking.

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