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The BaaS Gold Rush is On

Gonzobanker

To do this, banks can leverage their competencies in payments, lending, operations, and risk management while using the earnings generated from BaaS to transform their core business. The winners in BaaS will be outstanding risk managers – not risk eliminators. More importantly, BaaS banks will need an I.T.

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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

HQ: San Francisco, California. HQ: San Francisco, California. Tags: Institutions, B2B2C, mobile banking, UX/UI. Source: Crunchbase. Mobile savings account. Latest round: $22.5 million Series B. Total raised: $36.3 Source: Crunchbase. Qingshongchou Network Technology. Equity crowdfunding platform. Sernova Financial. FundedbyMe.

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The 2019 GonzoBanker Awards

Gonzobanker

This was a terrific combination of two education-focused cooperatives across both Southern and Northern California markets. Hats off the Schools Financial’s board and management for acknowledging that even multi-billion dollar credit unions can drive value via merging with someone bigger. Credit Union Merger of the Year.

Idaho 148
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Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

And demonstrating the global nature of financial services, only three deals were out of California (Xignite, Renew Financial, and Vast). HQ: Oakland, California. HQ: San Mateo, California. HQ: San Francisco, California. Tags: B2B, consumer, compliance, sales, on-boarding, UX, Silicon Valley Bank (lender).

Company 12