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The New Lending Fintech Bonanza

Gonzobanker

2020 is the wildest downward ride in the market since 1929, which, one would think, is taking its toll on the fintech ecosystem serving banks and credit unions. It was into this world that the much celebrated digital lending fintech OnDeck recently sold to Enova for $90 million, a virtual fire sale at way under 1X OnDeck’s revenue.

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Temenos to Acquire Kony: So What?

Gonzobanker

At 5X Kony’s expected 2020 revenues of $115M, based on other recent deals in the space the purchase price seems like a decent deal for Temenos. “So Still to be sorted out are overlaps between Infinity and Kony’s UI/UX assets. The digital banking market continues a long burn—this time like the smoke of a Texas summer barbecue.

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The 2019 GonzoBanker Awards

Gonzobanker

And Partners CEO John Janclaes helped put Kony on the market map in mid-size shops, even keynoting Kony’s conference with a leadership book in tow. Even with worries around an allegedly discriminatory algorithm, Silicon Valley UX met big bank Wall Street money in slick onboarding that has our attention. Overpriced Unicorn (a.k.a.

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The 2022 GonzoBanker Awards

Gonzobanker

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. It’s hard to understand how Clobes has time in the day to drive her unlimited amount of leadership activities. His passion for innovation, community, culture, and clients provides a leadership template for all future GonzoBankers.

Community 216