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How Finfit is building out its financial toolkit for hourly and other workers

Bank Innovation

The field of fintech companies focusing on people who live paycheck to paycheck continues to grow, with Virginia Beach-based Finfit picking up $7 million in Series B equity funding on Friday. The 11-year-old company operates a digital financial wellness platform for workers that is available through […].

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Why community banks should partner with fintechs

Independent Banker

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. of bankers are either strongly interested in or already working with fintechs in digital account opening. The benefits of fintechs. By Elizabeth Judd. Quick Stat.

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PayPal Veteran Hired As BlueVine CCO

PYMNTS

Silicon Valley FinTech startup BlueVine has named Brad Brodigan as chief commercial officer to oversee sales and other income-producing functions, the company said in a press release on Tuesday (Sept. Brodigan is a FinTech veteran with more than 25 years of executive and C-suite experience and a deep understanding of SMB challenges.

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Yes, Virginia, There Are Women Leaders In Fintech

Tech and Finance

Engle’s prior roles at Bank of America include the consumer bank’s chief technology officer, chief information officer of consumer technology and operations, and, most recently, chief information officer of Bank of America’s Global Banking and Markets businesses. In her spare time, she mentors FinTech start-ups in London and the U.S.,

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The United States Of Fintech: The Most Well-Funded Fintech Startup In Each State

CB Insights

Across the US, well-funded companies are rethinking how the financial system operates. Following our previous mapping of the most well funded startups in each state and most well funded food & beverage startups in each state , we used CB Insights database to identify the most well-funded private fintech startup in each state.

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SoftBank Shares Slide Along With Ride-hailing Stocks

PYMNTS

Now that Uber and Lyft have both underperformed, analysts worry the appetite for large-growth, loss-operating companies may be thinning. Last week, SoftBank invested $20 million in Clip, a Mexican FinTech startup that offers a mobile credit card reader for smartphones.

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Retail Pulse: CVS, UPS Test Drone Potential; Birchbox Grows Walgreens Partnership

PYMNTS

And it noted that the deliveries “mark another milestone in a recently announced collaboration between UPS and CVS to develop a variety of drone delivery use cases, including business-to-consumer operating models.”. A remote operator monitored them and could step in if needed.) per news in September.

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