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2021 GonzoBanker Awards

Gonzobanker

Gonzo readers, 2021 was just plain schizophrenic. 2021 fintech investments, merger activities, and overall focus were off the charts. Two, read and enjoy the 2021 GonzoBanker awards, our annual take on the best things we saw during the year. So which merger was the best in 2021? Doug Larson. THE BANKER AWARDS.

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The SMB Challenger Banks: Bank Novo

Fintech Labs Insights

The company says it surpassed $1B in cumulative transactions in April 2021 with $600M in Q1 alone. The startup has raised $46M, a $5M seed in March 2019 and a $41M A-round in June 2021. Its first outside capital was from the Barclays Techstar accelerator in 2017 ( see Techstars demo here ). Homepage (9 Sep 2021).

Boston 15
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Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 27, 2021 was 60.4%. Silvergate Capital Corporation (NYSE: SI) #2. Silvergate Capital Corporation (NYSE: SI) Here we are again. Nasdaq: LOB) #3.

Capital 78
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How Main Street Businesses Honed Their Survival Skills In 2020

PYMNTS

Haley Fortier , operator of Boston wine bar haley.henry , told PYMNTS that much of the year was based on taking things the company already knew it could do well, and then finding ways to make them work via digital channels. But will more have survived than otherwise going into 2021? Almost certainly.

Maine 169
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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. However, the model doesn’t currently allow companies to issue new shares, meaning that DPOs do not raise any capital for the company. STAYING PRIVATE.

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The community banks standing by hospitality customers

Independent Banker

Many hotels and other hospitality businesses haven’t fully bounced back from COVID-19 travel and safety restrictions, but community banks have been by their side through the challenges. Source: 2021 forecast from STR and Tourism Economics. billion-asset, family-owned community bank. By Beth Mattson-Teig. Photo: R.J.

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46 Corporations Working On Autonomous Vehicles

CB Insights

Top initiatives: First company to test self-driving tech on the streets of Singapore, and later in Boston. It then also became the first to test such technology on public streets in Boston, Massachusetts. Self-driving technology deployment target date of 2021. Plans to deploy self-driving car on the road by 2021.

System 78