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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? This week, Chime, focused on banking via mobile apps, held a $485 million series F funding round that valued the company at $14.5 billion, as CNBC reported. billion garnered only 18 months ago.

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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? This week, Chime, focused on banking via mobile apps, held a $485 million series F funding round that valued the company at $14.5 billion, as CNBC reported. billion garnered only 18 months ago.

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Early-Bird Discount Extended for FinDEVr Silicon Valley

Fintech Labs Insights

New companies have joined the impressive presenter lineup for this third annual West Coast conference and it’s on track to be the biggest event yet. See firsthand what’s new and trending for the financial and banking developer community — all for early-bird rates. Personal Capital. Capital One.

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Lessons From The Failed Chatbot Revolution — And 5 Industries Where The Tech Is Making A Comeback

CB Insights

Mentions of chatbots in earnings calls and press releases skyrocketed, and for many, it seemed that chatbots might be the next big disruptive technology. Thousands of companies commissioned their own chatbots in anticipation. Commercial Banking: How JP Morgan’s chatbot saves the company 360,000 hours a year. Table of Contents.

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The 2022 GonzoBanker Awards

Gonzobanker

In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy. 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. The Smarter Bank Technology Award. Goes to MVB Financial.

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