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2021 GonzoBanker Awards

Gonzobanker

Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Through all this, First Farmers has remained disciplined in performance and squarely focused on customers and community. Like how does that play into our communities? Since 2017, ROAE has grown from 7% to approximately 20% and ROAA has increased from.82% Inspirational?

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The SMB Challenger Banks: Bank Novo

Fintech Labs Insights

Its first outside capital was from the Barclays Techstar accelerator in 2017 ( see Techstars demo here ). The banking partner is Middlesex Savings Bank , a Natick, MA-based community bank with $5.7B in assets and 32 branches in the Boston suburbs. With 100,000 accounts , that’s an average spend of $2,000/mo. Debit card.

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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

The number of deals was inflated somewhat by the six new fintech companies launched at YC’s demo day that we had not previously covered. HQ: Boston, Massachusetts. Connects marketplace lenders to institutional capital. Tags: Investors, big data, business intelligence, investing, capital markets. Source: Crunchbase.

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Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again

CB Insights

Discount and budget retailers are capitalizing on this, targeting their stores toward consumers that are looking for a bargain. We look into how stores are being transformed into showrooms, community gathering spots, and even event spaces as retailers leverage the physical store as tool for brand marketing.

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46 Corporations Working On Autonomous Vehicles

CB Insights

The demo vehicle, known as the e-Palette, was designed as a multi-function, autonomous minivan to move goods, people, or even a mobile office. Top initiatives: First company to test self-driving tech on the streets of Singapore, and later in Boston. Read more: The Guardian , Reuters , Bloomberg , The Guardian , Wall Street Journal.

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