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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.

Fintech 147
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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin.

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Retail Will Play Major Role In Vaccine Distribution

PYMNTS

All of them and others are part of “Operation Warp Speed,” which also includes drug makers, medical distributors and federal agencies. Department of Health and Human Services has signed on dozens of grocery and pharmacy chains to provide COVID-19 vaccines once the inoculations are approved by the Food and Drug Administration.

Retail 151
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Fed moves up FedNow launch date

CFPB Monitor

On February 2, 2021, the Federal Reserve (“Fed”) announced that the launch date for its instant payments platform— FedNow —would be sooner than originally expected. Before FedNow is released, it will be extensively tested to ensure that it is market-ready. The announcement narrows the delivery timeframe by a full year.

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As Bill Payments Go Digital, The Rental Industry Still Lags

PYMNTS

trillion in 2017, and that could nearly double by 2021 — online billing platforms are rushing to incorporate payment processing capabilities into their offerings. That growth came, in part, at the expense of bill-paying sites and services operated by banks. The rental industry could well be the next market to undergo that shift.

Industry 105
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Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021)

Fintech Labs Insights

Two have been acquired by large banks, but they will stay on this list as long as they are operated as an independent brand. Source: FintechLabs, Crunchbase, SEMrush, SimilarWeb; 1 Dec 2021. Valuation: $12B (based on Oct 2021 round). Website visits (Oct 2021): 1.2M ( SimilarWeb ). Valuation: $2.5B (June 2021 acquisition).

Cards 15
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Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021)

Fintech Labs Insights

Two have been acquired by large banks, but they will stay on this list as long as they are operated as an independent brand. Source: FintechLabs, Crunchbase, SEMrush, SimilarWeb; 1 Dec 2021. Valuation: $12B (based on Oct 2021 round). Website visits (Oct 2021): 1.2M ( SimilarWeb ). Valuation: $2.5B (June 2021 acquisition).

Cards 15