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Envel is the New Simple Bank (Fintech Startup of the Week)

Fintech Labs Insights

Sure they had great tech, refreshing UX and a talented team. On the banking side, the startup is working StoneCastle for deposits and Kansas City-based nbkc bank to power banking services, including a soon-to-be-launched debit card. References: Fintech Futures overview (22 Sep 2020) Envel press release (17 Sep 2020). Real humor.

Fintech 15
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Temenos to Acquire Kony: So What?

Gonzobanker

Any overlaps between Akcelerant in loan operations and Avoka in sales/origination appear to have been sorted out in the Infinity product line. Still to be sorted out are overlaps between Infinity and Kony’s UI/UX assets. This is yet another fintech deal to watch. And these employees have lots of options. So we aren’t always.