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India’s ShareChat Raises $100M In Twitter-Led Series D

PYMNTS

India’s social media platform ShareChat, which serves 60 million monthly users, has raised $100 million in a Series D funding round, as reported on Thursday (Aug. The social media platform supported English when it first rolled out, which most users seemed to prefer. ShareChat declined to comment.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

It turns out that confidence is more valuable than capital. The ratio would provide a bank’s current core capital position to risk-adjusted assets. Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio.

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Singapore’s Ninja Van Delivery Startup Raises $279M

PYMNTS

It also works with smaller operations, including social media influencers. Other backers included Facebook co-founder Eduardo Saverin’s B Capital Group and Monk’s Hill Ventures. Ninja Van ’s clients include names like L’Oreal and Wing Tai’s G2000 label, which it has helped digitize and boost eCommerce sales. million.

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How To Improve Uninsured Deposit Performance

South State Correspondent

In this article, we will look at deposit performance data related to high balances and show how banks can dramatically increase value by restructuring relationship-based products and better-allocating marketing/sales dollars more efficiently. This is over three times the life of a money market account that is over $1mm in balances.

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Rethinking The SME Loan Underwriting Model In Southeast Asia

PYMNTS

In markets like Southeast Asia, high rates of credit-invisible, underbanked small businesses make filling the small business credit gap an even more difficult challenge. It’s a self-perpetuating scenario that keeps barriers to capital in place. Asymmetric Information Exchange.

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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

Likely, it might be a combination of the above, but setting a branching strategy should dictate capital allocation, branch layout, marketing, and staffing. Banks should have a clear and stated set of measurable objectives for their branches and then allocate capital accordingly.

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Fintech Deals to Watch: Back to School

Gonzobanker

Thankfully, there was still a smartphone and social media to commiserate. Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B. Keep an eye on the initial banks working on these projects.

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