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What 2019 Holds for Bank-Fintech Partnerships

Bank Innovation

Ben Savage, partner at the Los Angeles-based Clocktower Technology Ventures, told Bank Innovation that the flourishing fintech ecosystem holds both risks and opportunities for banks, […]. There are startups that want to destroy banks and startups that want banks to buy their software.

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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.

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Monzo Courts SoftBank As Part Of £100M Capital Raise

PYMNTS

SoftBank has been looking at European FinTech startups, the source told The Telegraph. SoftBank’s future FinTech funding will likely come by way of its second Vision Fund, which started making investments last year. offering limited services in Los Angeles. Monzo launched in 2015, and now serves an estimated 3.7

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SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket

PYMNTS

Online FinTech startup SoFi announced Thursday (Jan. 7) that it was merging with publicly-traded Social Capital in an $8.6 The FinTech IPO Market. billion deal that brings it instant liquidity and avoids the uncertainty of the initial public offering (IPO) process, while leaving it better positioned to take on legacy banks.

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Healthcare Tech Company Truepill Raises $75M To Expand

PYMNTS

Connecticut-based healthcare and FinTech investor Oak HC/FT led the funding. Also participating were existing investors Boston-based Optum Ventures, which offers capital and strategic guidance to startups; TI Platform Management LLC.,

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

PYMNTS

And within FinTech, that most incandescent of sectors, things might look a bit, well, frothy. What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? Perhaps “overly optimistic” might be the mindset that marks private markets.

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

PYMNTS

And within FinTech, that most incandescent of sectors, things might look a bit, well, frothy. What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? Perhaps “overly optimistic” might be the mindset that marks private markets.