Capital Cards Digital Banking San Francisco 
PYMNTS
MARCH 6, 2020
San Francisco-based Empower Finance, a mobile banking app aimed at helping millennials save wealth, has raised $20 million in a Series A funding round led by Defy Ventures and Icon Ventures, according to a report. The company, which was founded in 2017, is run by a former Sequoia Capital partner named Warren Hogarth.
PYMNTS
AUGUST 11, 2020
With its losses mounting, the London-based digital bank may need to tap into its corporate reserves to keep up with its expansion plans. The latest infusion of cash came from TSG Consumer Partners , a San Francisco-based private equity company. The FinTech has since expanded to offer business banking.
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PYMNTS
JULY 24, 2020
London startup mobile bank Revolut Ltd. The latest infusion of cash comes from TSG Consumer Partners , a San Francisco-based private equity company, TechCrunch reported. Revolut is also backed by Index Ventures, the global venture capital firm with dual headquarters in San Francisco and London, and a half dozen others.
PYMNTS
SEPTEMBER 23, 2020
The San Francisco-based digital mortgage and loan platform on Wednesday (Sept. 23) announced its expansion into consumer banking to include personal loans and credit cards. based early growth, FinTech-focused venture capital firm. based early growth, FinTech-focused venture capital firm.
PYMNTS
FEBRUARY 17, 2020
As a result, she said, although credit unions are offering credit card products, they aren’t a central focus. That is evident in the difference between the top three banks, where credit cards represent roughly 26 percent of loan volume, and credit unions, where they represent a little over 6 percent.
Gonzobanker
DECEMBER 14, 2023
GonzoBanker of the Year (Mid-Size Bank) – goes to David Findlay, CEO of Lakeland Financial. Anyone who follows the industry knows this focused institution led by Findlay is all about executing the timeless principles of capital management, credit quality, efficiency and customer service. The Bank Regulator Working for Merchants Award!
CB Insights
DECEMBER 10, 2020
Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. Investment banking. Consumer payments.
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