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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. 7) that it was merging with publicly-traded Social Capital in an $8.6 The FinTech IPO Market. billion deal that brings it instant liquidity and avoids the uncertainty of the initial public offering (IPO) process, while leaving it better positioned to take on legacy banks.

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2021 GonzoBanker Awards

Gonzobanker

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

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Why One Startup Is Desperately Seeking Regulation

PYMNTS

Officials at the Office of the Comptroller of the Currency (OCC), the national bank regulator, told the Boston startup they would weigh its request. “We need to be open to discussing it and working through it,” said Comptroller of the Currency Thomas Curry, referring generally to bank charters for FinTech companies.

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Tech Center: Charlotte On The Edge of Tech Greatness

PYMNTS

million over the course of the next three years to build up a FinTech hub in Charlotte. The infrastructure that the banks have built and the financial talent in the area has created a conducive atmosphere for FinTech companies like AvidXchange. PYMNTS: What is Charlotte’s FinTech sector like?

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Financial Conferences this Fall Showcasing New Ideas and Innovation

William Mills

While this year will be remembered for: fintech labs and partnerships with traditional FI’s; the rise of millennials; and a push for real-time payments; I’ve been thinking a lot about how to gauge disruption and how we should view the messengers. Alternative lenders are learning more about fraud to their dismay and access to capital.

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Model Bank 2017: Small Business and Corporate Digital Innovation Themes

Celent Banking

These initiatives drive revenue growth and loyalty because the bank’s services provide quantifiable benefits to clients that are seeking to leverage technology advances in order to more effective manage their working capital. I look forward to seeing you there.

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

Fintech Labs Insights

For the 12th consecutive week, there were 20+ fintech fundings worldwide. 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. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. Total dollars raised, $6.3

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