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Banks On Notice: Fintechs Are Coming For Checking Accounts & Debit Cards

CB Insights

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. get the 86-page fintech report.

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Envel is the New Simple Bank (Fintech Startup of the Week)

Fintech Labs Insights

Sure they had great tech, refreshing UX and a talented team. But, I think we have another strong contender with the latest challenger, Boston-based Envel. References: Fintech Futures overview (22 Sep 2020) Envel press release (17 Sep 2020). Related: Changes to The 21st Century Fintech Unicorn List (Sep 2020). Real humor.

Fintech 15