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A digital-first bank for south Florida

Independent Banker

Banking veteran Keith Costello cofounded Locality Bank, where he serves as president and CEO, to champion for south Florida small businesses financially affected by the pandemic. Costello has also held senior roles at Bank of Florida, City National Bank and Nations Bank during his 30-year banking career. Filling a need.

Florida 91
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Lendbuzz FinTech Raises $150M In Debt And Equity Financing

PYMNTS

Last year, Lendbuzz’s loan origination grew 320 percent, and the company increased its dealership network across the United States to include key markets, including California and Florida. Data shows that more than 43 million foreign born nationals live in the U.S., “This is a significant step forward for Lendbuzz.

Fintech 122
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Tech Center: Orlando Dips Its Toes Into Tech Startup Water

PYMNTS

The city had a population of 270,934 in 2015, making it the 73rd largest city in the United States and the fourth largest in Florida. When thinking about Orlando’s tech industry, some say the city’s access to capital, accelerator programs and tech clusters are what sets it apart. Median household income (2015): $42,318.

Florida 110
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How Mobile Apps Can Help Restaurants Make Loyalty Rewarding

PYMNTS

The National Restaurant Association recently reported that the industry lost $120 billion during the pandemic’s first three months and that these losses could total $240 billion by the end of the year. The Tampa, Florida-based chain was publicly held until 2017, when it was purchased by Oak Hill Capital Partners for $525 million.

Mobile 143
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Popular Bank Named Among First Investors of NWK FAM Fund

PopularBank

According to a recent study , the state experiences one of the worst racial wealth gaps in the nation. Backed by prominent Black and Latinx investors, NWK FAM Fund aims to raise $100 million total in investible capital. Chairman, Montclair Capital Group. Vice President-Legal, Innovative Cosmetic Concepts. Randall Pinkett.

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SBA Turns Attention To Credit Unions To Revive Small Biz Lending

PYMNTS

The financial services market has progressed by leaps and bounds in terms of innovation, from the rise of alternative finance to the development of technologies like blockchain and open banking initiatives. About a third of SMBs recently told Capital One they’re currently in a better financial position than they were a year ago, for instance.

Lending 116
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This Time, We Want You To Drink The Kool-Aid

PYMNTS

And so, in celebration of national Kool-Aid day – which was technically yesterday, but is being celebrated throughout the weekend (more on that in a second) – we come not to bury Kool-Aid, but to praise it. Louis, Missouri; Oklahoma City, Oklahoma; and Jacksonville, Florida. 11 through Aug. 13 across in Hastings.

Nebraska 131