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Community Bank Acquires SMB Digital Bank Seed

PYMNTS

Cross River Bank has partnered with a range of FinTech startups since its 2008 launch, including collaborations with Stripe , Coinbase and Affirm , reports said. Its takeover of Seed strengthens its position in the small business FinTech market. reports said.

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Retail banking trends to look out for in 2023

Independent Banker

billion-asset One Community Bank (OCB) in Oregon, Wis. We have seen an increase in mobile and digital usage, like other banks,” Hancock says, “but these initiatives have helped expand that engagement from balance inquiries and funds transfers to more complex needs like money management and managing debit card security. “In

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AltFin Proves Its Staying Power With Asian Investors

PYMNTS

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. B2B Payments. StreetShares.

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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

B2B FinTechs in the U.S. This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. Supply Chain Management.

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Governments Fuel Blockchain’s Global Proliferation

PYMNTS

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. Securities and Exchange Commission has halted the trading of three companies based in Oregon after examining their balance sheets.

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120 Fintech Unicorns of the 21st Century: November 2020 Update

Fintech Labs Insights

At FintechLIVE , we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). Metromile , the pay-as-you-drive auto insurance company based in Portland, Oregon, announced that it will merge with a public SPAC in a transaction valued at $1.3B. Full Fintech Unicorn list (values as of 2 Dec 2020).

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

And there are few fintech success stories bigger than 2008 alum, Credit Karma , which scored $175 million this week at a reported $3.5 Total investment into the fintech sector this week were $240 million flowing to 12 firms. So far this year, fintech has attracted $7.9 HQ: Portland, Oregon. Online investment manager.