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Temenos to Acquire Kony: So What?

Gonzobanker

The digital banking market continues a long burn—this time like the smoke of a Texas summer barbecue. Geneva-based Temenos’ announced the acquisition of Austin, Texas-based digital application provider Kony in a deal totaling $580 million. market expansion. market has been a hard row to hoe for Temenos.

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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. Expect more of these slam-dunk in-market mergers that reduce locations 10%+.

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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

HQ: Austin, Texas. Alt-lending. Tags: Consumer, merchants, POS, point of sale financing, lending, credit, underwriting. Source: Crunchbase. Mobile savings account. Latest round: $22.5 million Series B. Total raised: $36.3 HQ: San Francisco, California. Source: Crunchbase. Qingshongchou Network Technology. Source: Crunchbase.

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Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

Despite turmoil in global equity markets, the fintech sector continued its 3-year bull market with 21 companies raising $259.1 HQ: Austin, Texas. Tags: Consumer, SMB, loans, credit, lending, underwriting. million, for a $12 billion annual run rate. The total included at $46 million in debt. Total raised: $102.2

Company 12
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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

It’s even harder when your target market would rather never think about what you’re trying to sell them — retirement, for example. Below, we’ll show you: How to use pre-launch marketing to build trust and hype. Use pre-launch marketing to build both trust and hype. WHY ARE THEy SUCCESSFUL?

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