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StanChart Deepens China Focus With Innovation Lab Launch

PYMNTS

bank Standard Chartered is expanding its network of innovation labs with the launch of an eXellerator lab in Shanghai, reports said this week. 7) that the Shanghai opening adds to Standard Chartered’s existing network of labs, which are open in Singapore, Hong Kong, Kenya, London and San Francisco.

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Car Marketplace CarGurus Has Acquired Autolist

PYMNTS

Autolist is based in San Francisco, and the terms of the deal were not revealed. CarGurus Chief Financial Officer Jason Trevisan said the company is going to merge with and acquire companies in its goal of expanding its offerings and moving into dealer software and technology.

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Chime Commands $1.5B Valuation After Capital Raise

PYMNTS

According to a report in CNBC , the San Francisco startup said the Series D round of venture funding was led by DST Global , as well as new investors Coatue, General Atlantic, ICONIQ Capital and Dragoneer Investment Group. The company also plans to double its size to more than 200 employees and expand its leadership team.

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2021 GonzoBanker Awards

Gonzobanker

This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships.

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Transformation Time Bomb?

Independent Banker

Thus, it’s not shocking that millennials are a driving factor in the growing financial technology, or FinTech, movement. Financial institutions are quickly rethinking how to engage the largest generation in American history and restructuring traditional banking processes, and it’s all centered on creating more accessible technology.

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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Kenna said it plans to use the funds to expand its team, focus on sales and continue innovation efforts. Its platform provides proprietary cyber-risk analysis technology to corporate customers. With $8 million in Series B funding, Employment Hero plans to focus on expanding its leadership team. Employment Hero.

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Digital Asset Holdings Acquires Blockchain-as-a-Service Innovator, Blockstack.io

Fintech Labs Insights

Digital Asset Holdings CEO Blythe Masters praised both Blockstack’s technology as well as its talent, calling Cuperman “a renowned pioneer in the blockchain world.” The post Digital Asset Holdings Acquires Blockchain-as-a-Service Innovator, Blockstack.io appeared first on Finovate.