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Fintech BM makes first acquisition after going public through a SPAC

BankInovation

Financial-technology firm BM Technologies Inc. BM Technologies agreed to acquire First Sound for as much as $7.22 a share in a deal valued at $23 million, the Radnor, Pennsylvania-based firm said Monday in […].

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When FinTechs Compete, Banks Can Also Win

PYMNTS

It’s not exactly dogs and cats living together in harmony, but FinTechs and banks — the upstarts and the traditionalists — are certainly cozying up, a trend that looks certain to continue. The deal is newsworthy because the mainstream view still sees banks and FinTechs as adversaries, each competing for payment and financial services revenue.

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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking.

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Finovate Alums Earn Spots in FinTech Forward 20 “Companies to Watch”

Fintech Labs Insights

Half of the companies in the FinTech Forward 20 “Companies to Watch” list presented by American Banker and BAI this week are Finovate/FinDEVr alums. Headquartered in Pittsburgh, Pennsylvania and New York City. Also on the Fintech Forward 20 Companies to Watch list were: Autobooks. Yantra Financial Technologies.

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Named by Self Lender as 1 of 3 startups who is “absolutely crushing it” in fintech. Launched Financial Fitness program for employers to offer employees. Debuted first eBook, A Better Financial Life. Earned spot on first Forbes Fintech 50. Named to the Forbes Fintech 50. fintech unicorns.