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The Finanser’s Week: 17th July – 23rd July 2017

Chris Skinner

This week’s main blog headlines are … Why FinTech start-ups think they can beat the banks There’s an old joke about the guy who’s lost driving in the countryside who stops to ask a pedestrian how to get to the city.

Boston 171
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Paytronix Picks Payments Industry Veteran Porter For Board

PYMNTS

Founded in 2005, the FinTech AffiniPay now processes over $6 billion annually on behalf of 150,000 professionals, according to a news release announcing the appointment. In 2019, Porter took on the role of executive chairman at AffiniPay. For its part, Newton, Mass.-based

Industry 130
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SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket

PYMNTS

Online FinTech startup SoFi announced Thursday (Jan. To address that perceived name recognition mismatch, in 2019 SoFi signed a record 20-year, $600 million stadium naming rights deal for the brand-new facility that is home to both the Los Angeles Rams and Chargers football teams. The FinTech IPO Market.

Capital 150
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#Inbound2019: New Content Marketing Tools To Help Fintechs “Grow Better”

William Mills

Last week, WMA attended Inbound 2019 in Boston alongside 26,000 other eager marketers.

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FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

PYMNTS

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market. Looking Toward Interoperability And Scale .

Payments 244
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Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom

PYMNTS

Facebook’s Libra (OK, now it’s been renamed to Diem ) looms as 2021 dawns – maybe – and in a form diminished from its initial ambitions back in 2019, to disrupt the monetary system itself. The stablecoin will reportedly bow as a digital coin backed by the U.S.

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Envel is the New Simple Bank (Fintech Startup of the Week)

Fintech Labs Insights

But, I think we have another strong contender with the latest challenger, Boston-based Envel. References: Fintech Futures overview (22 Sep 2020) Envel press release (17 Sep 2020). Related: Changes to The 21st Century Fintech Unicorn List (Sep 2020). It has the tech. It has the team.

Fintech 15