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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

While many credit unions had already begun implementing digital technologies before the health crisis began, they were forced to radically accelerate their efforts after stay-at-home and social distancing protocols gave them little choice. Coast Capital On The Innovations Driving CUs’ Digital-First Future.

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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. banks by market value.”. OTHER GONZO NOTABLES.

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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

London beat that this week with 5, followed by 3 in NYC, and 2 each from Chicago, Florida and Germany. HQ: Daytona Beach, Florida. Capital Float. Working capital financing. Digital bank. HQ: Orlando, Florida. Tags: SMB, payments, accounting, treasury management, commercial banking.

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Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. Personal Capital. Digital wealth manager. Fraud detection for ecommerece & financial services. Full-service digital bank. Shift Technology.

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Fintech Fundings: 39 Companies Raise $930 Million Week Ending April 15

Fintech Labs Insights

Two Finovate alums raised fresh capital: Emailage raised another $5 million for its email-based fraud prevention solutions. Fraud protection for financial institutions. HQ: Orlando, Florida. Digital bank. Tags: Consumer, lending, banking, deposits. Total dollars raised YTD is $8.8 Total raised: $14.85

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Fintech Fundings: 26 Companies Raise $280 Million in 4th Week of June

Fintech Labs Insights

Digital bank startup. Pearl Capital. Sentiment analysis for capital markets. HQ: Miami, Florida. Latest round: Unknown amount of new capital in Reverse IPO ($117 million value). Tags: SMB, expense management, employees, accounting, bookkeeping, fraud detection, risk management. Total raised: $59.3