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Acquire or Be Acquired 2023: Disruption ‘Comes Home’ to Banking

Gonzobanker

While AOBA provides a fertile forum for buyers and potential sellers in the bank M&A space to commensurate, the crowd uses this valuable face time to also delve into discussions about the economy, strategic growth, fintech innovation, competition, and talent wars.

Arizona 146
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Delivering A Secure Seamless Banking Experience In The Age Of COVID-19

PYMNTS

The 83-year-old CU, which has 16 branches in the metro Phoenix area and holds $1.9 These solutions are playing a particularly important role as bad actors ramp up their attacks to capitalize on chaos and confusion arising from the ongoing pandemic.

Arizona 159
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Investments Stay Afloat And Thrive Market Bags $111 Million

PYMNTS

The Phoenix Companies got an infusion of $100 million in equity capital from Nassau Reinsurance as part of a larger deal where the former was taken over by the latter. The top 10 deals of the week show a rapidly descending ladder of deals with no huge outsized deal.

Marketing 102
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Big Plays Push Investments & RedKix Grabs $17 Million In Seed Funds

PYMNTS

RedKix put together a rather jaw-dropping seed round of $17 million that includes Salesforce Ventures, Wicklow Capital, SG VC, Oren Zeev, Ori Sasson (which was one of the first investors in VMware), and more. And also hopefully fully integrable with third-party services (think chatbots) in much the way Slack is pursuing.

Phoenix 100
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Fintech Fundings: 23 Companies Raise $685 Million Week Ending Dec 18

Fintech Labs Insights

But if there’s one in the fintech sector, the dozens of investors in these 23 companies didn’t get the memo. In the last full non-holiday week of the year, $685 million poured into fintech companies worldwide. Fengjr.com (aka Phoenix Finance). FinTech Group. Indexa Capital. Person-to-person lender .

Company 12
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Renaud Laplanche’s Second Act

PYMNTS

But in what is shaping up to be Renaud Laplanche’s second act in online lending and FinTech world, it seems as though the executive may be ready to take the wraps off his newly founded online lending startup, Upgrade. Upgrade, while also an online lender and thus a competitor for LendingClub of sorts, is differently structured.

Lending 122
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The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. The Tech Award – Goes to Capital One.

Idaho 148