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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.

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In UK, FinTech Alliance Launches

PYMNTS

Movement to foster collaboration between FinTech firms and traditional financial firms continues to gather steam across the globe, aided by government encouragement and initiatives. FinTech Alliance debuted this week, with a roster that tops 500 members. In one recent example, the U.K. banking license in partnership with Sutton Bank.

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Axos Bank Expands Commercial Presence In NYC, LA

PYMNTS

15) that it will launch regional commercial banking operations in New York and Los Angeles in an effort to grow its corporate client base and connect existing business customers in the markets with its senior banking professionals. The bank announced Thursday (Aug. and offer clients FDIC-insured accounts.

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Online Coupon Company Honey Nets Founders $1.5B After Sale

PYMNTS

The men are from Los Angeles and the company was sold for $4 billion. Other FinTechs have also been doing well, like Plaid , which recently sold to Visa for $5.3 Amazon said the extension posed a “security issue.”. To keep your data private and secure, uninstall this extension immediately.”. 28) by Bloomberg.

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In Brazil, Banking Customers Turn To Debit, Digital Banking

PYMNTS

FIs and FinTechs are promoting social distancing by providing online card applications and virtual payment cards to help customers avoid using cash or visiting bank branches. Creating compelling online and mobile services is no simple task, however, and FIs must find ways to make their offerings convenient and secure.

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The Newest Neobank is for the 62+ Crowd

Gonzobanker

Two things pop: Charlie lets customers receive their Social Security checks up to four weeks early without paying fees or interest, and the startup – which partners with Sutton Bank – offers phone support. Yes, Chime offers advancements on Social Security payments, but make no mistake: The popular neobank’s target audience is young adults.

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SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket

PYMNTS

Online FinTech startup SoFi announced Thursday (Jan. billion, and also expanded internationally by purchasing Hong Kong-based investment app 8 Securities. The FinTech IPO Market. 7) that it was merging with publicly-traded Social Capital in an $8.6 Earlier this year, SoFi acquired payments firm Galileo for $1.2

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