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LatAm’s RobinFood Says It’s A Tech Company That Sells Food … And It’s Working

PYMNTS

Colombia-based RobinFood — Latin America’s fastest-growing chain of “cloud” restaurants — credits proprietary technology, the explosive growth of FinTechs and pandemic-led lifestyle changes as the secrets of its success. Despite low average incomes, Latin America offers a huge overall market size and growth potential.

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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

The money market mutual fund became a formidable competitor to the bank account. In Pennsylvania, Rocket has number 1 market share. There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs. But they must be in ample supply in your markets to support growth. billion in total assets.

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June’s Top 12 Mobile Pay Moments

PYMNTS

And what better way to mark that milestone than with a monthly recap of the Top 12 news items in one major market in the payments ecosystem: mobile payments. Samsung Pay is the first mobile payment service of its kind to be launched in Spain, giving it a head start in the market over Apple Pay and Android Pay. Apple Pay — 20 Months In.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. But maybe only for a l ittle while , since o ne soaring IPO on a big up day in the stock market does not a unicorn exit strategy make. .

Lending 101
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Onovative Raises $1 Million in New Funding

Fintech Labs Insights

Onovative , which introduced its Core iQ bank marketing software at FinovateSpring earlier this year, has raised $1.2 Also participating were the Sequel Fund, the Enterprise Angels Community Fund, the Kentucky Enterprise Fund, and Commonwealth Seed Capital, along with individual investors. million in a second round of funding.

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Fintech Fundings: 21 Companies Raise $460 Million Week Ending April 1

Fintech Labs Insights

Here are the fintech deals by size from 26 March to 1 April 2016: Ceridian. HQ: Louisville, Kentucky. The post Fintech Fundings: 21 Companies Raise $460 Million Week Ending April 1 appeared first on Finovate. Bluefin Payments received $6 million to expand its secure payment system. Latest round: $150 million Private Equity.

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Insuritas’ Growth Scales with the Popularity of Insurtech

Fintech Labs Insights

Below are the company’s 2016 metrics: Its total addressable market with bank and credit union partners grew by 42.4%. At FinovateSpring 2014, the company’s CEO Jeffrey Chesky, and then-SVP Matt Chesky debuted SmartCART , a technology that allows banks to host an online market for financial products within its own website.