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Curve Aims To Become The Amazon Of Banking

PYMNTS

That’s the description — perhaps clichéd but still apt — applied to FinTech firm Curve , which is on the hunt for $50 million in fresh capital, according to recent comments made by CEO Shachar Bialick to CNBC. As we get older, of course, we take on any number of ways to pay, from debit PayPal to credit, to … more credit.

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The rise of Monzo, Revolut, and Starling and a comparison of Facebook and Whatsapp

Lex Sokolin

To a venture capital investor, the embedded option is more attractive given a portfolio structure that requires unicorns. And given the regulatory barrier that prevented neobanks from actually doing banking between 2015 and 2017, the embedded options looked like a gold pot. As an example?—?would Nobody wants ordinary success.

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The LatAm Fintech Market Map: 75+ Companies Disrupting Banking, Financial Services

CB Insights

Digital Banking : Companies providing online and mobile banking services in place of traditional branches. ContaAzul provides an enterprise and dashboard management platform, and has raised $19M with participation from Monashees Capital, Ribbit Capital, and Tiger Global Management, among others. Digital Banking.

Company 65
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Banks Need to Close the Personalization Gap

Gonzobanker

If you thought, however, that after 28 years, banks had perfected the art of personalization, you’d be wrong. According to Jim Marous, CEO of The Digital Banking Report : “Consumers expect financial institutions to understand their needs and deliver personalized solutions similar to what they receive from fintech and Big Tech firms.

Fintech 145
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Bank Earnings Are Toast – It’s Time to Take Bold Action

Gonzobanker

Cornerstone recently completed an earnings stress analysis of the roughly 4,400 banks under $50 billion in assets. 25% 140 banks will have capital levels that have fallen below 8%. Tier 1 capital in the industry has grown by more than 350 basis points since the housing crisis.

Lending 103
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The Future According To SoftBank

CB Insights

SoftBank’s capital firepower has helped it become the #2 unicorn investor in the world. Clearco provides growth capital for small businesses. SoftBank has also backed a number of other crypto-focused vendors, including investment firm Hashdex , Brazil-based exchange Mercado Bitcoin , and digital asset wallet O3 Labs.

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Step Aside, Millennials — Why Fintechs Are Targeting Baby Boomers & Retirees

CB Insights

While many Boomers and senior citizens may not be aware of the wide variety of fintech services available to them, such as digital banking, a number of tools exist that aim to raise awareness. . Source: Capital One. Another service being offered to help prevent elder financial abuse is controlled cards. Source: Kindur