Capital National Operations Phoenix 
South State Correspondent
JANUARY 4, 2023
Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Improving efficiency is like “losing weight” and “working out more.”
PYMNTS
APRIL 13, 2017
million in a seed funding round led by VC firm PivotNorth Capital. On the delivery end, Darkstore has partnered with a spread of startups and local and national courier and major shipping companies to then ship out same-day. Darkstore already operates in San Francisco, Phoenix and New York City.
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Gonzobanker
DECEMBER 14, 2023
Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. They should have been investing in fintech growth businesses and they had the capital to do it.” Expect more deals to be announced in 2024.
Gonzobanker
DECEMBER 19, 2022
2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Benson Porter, Boeing Employees CreditUnion – Porter led BECU through an amazing streak of growth in the Pacific Northwest, all while building an innovative, stakeholder-driven brand respected nationally.
Gonzobanker
DECEMBER 20, 2019
The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. The Tech Award – Goes to Capital One. Best of luck in the next chapter, Chris!
CB Insights
JUNE 11, 2018
In many ways, Apollo resembles Google’s Android Open Source Project (AOSP), Google’s open software platform for a mobile operating system (OS) that launched in 2007. Additionally, when naming the national champions of AI in November, the Chinese Ministry of Science and Technology designated Baidu as the leader in autonomous driving.
PYMNTS
OCTOBER 8, 2018
The Phoenix Suns Get a Payments Assist from PayPal. But one that Phoenix Suns fans will not have to live through for much longer, because as of this week, the basketball team has inked a deal with PayPal to bring the omnichannel experience courtside. The horror.
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