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The 2019 GonzoBanker Awards

Gonzobanker

Second Curve analyst Zack Maxfield opened a TD Bank checking account on his phone in nine minutes while he waited to speak with a teller at one of the bank’s branches, but waited an hour to fund the account and order a debit card. The 2019 Industry Oh Sh*t Moment Award – Goes to Apple and Goldman Sachs for the Apple Card launch.

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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

Prepaid debit card for youth. Tags: Institutions, B2B2C, mobile banking, UX/UI. Source: FT Partners. Latest round: $5.8 million Equity Crowdfunding (Crowdcube). Total raised: $5.8 HQ: Farnborough, England, UK. Source: Crunchbase. SeedInvest. Source: Crunchbase. Sernova Financial. Clearing services. Latest round: $1.46 million Seed.

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PayFacs Are The New ISOs

PYMNTS

And after PayFacs do the initial onboarding, the work begins: accepting a variety of payments, reconciling payments in to payments out, factoring in a pricing and billing engine and mapping it all to the local card rails of the country where the business is based.

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Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

Underwrites & guarantees high-risk credit card transactions . Tags: B2B, consumer, compliance, sales, on-boarding, UX, Silicon Valley Bank (lender). Source: Crunchbase. Latest round: $25 million Series B. Total raised: $30.7 HQ: Tel Aviv, Israel. Source: Crunchbase. APIs powering financial services. Latest round: $20.5

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