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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. Q&A with Envel Bank Co-Founder Steve Le Roux (4 Feb 2020). I was a huge fanboy of Simple Bank back in the day. But what I really loved was how they spoke to customers.

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

CB Insights

US consumers aged 18+ make an average of 70 payments per month, with debit cards accounting for 32% of those purchases, according to a 2017 study by the Boston Fed. PayPal subsidiary Venmo’s forthcoming Venmo Card operates in a similar fashion. ux to help target existing clients.

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Mobile Payments: What’s In It For Me?

PYMNTS

Vodafone is the third-largest mobile operator in the U.K. Operator East Japan Railway Company alone served 17.4 In London too, Apple Pay works on the Underground, buses and trains, and the company is keen to serve Boston, New York and other cities with tap-and-pay mobile services. And The Brits Are Already Well On Their Way.

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