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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. Still to be sorted out are overlaps between Infinity and Kony’s UI/UX assets.

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

Fintech Labs Insights

HQ: Austin, Texas. Alt-lending. HQ: Austin, Texas. Tags: Consumer, lending, peer-to-peer, P2P, credit, underwriting, investing. Latest round: $13 million Series B. Total raised: Unknown. Source: Crunchbase. Lease-to-own financing platform. Latest round: $12.5 Total raised: $12.5 HQ: New York City. Source: Crunchbase.

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The 2019 GonzoBanker Awards

Gonzobanker

Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. In a state that wears autonomy on its chest, it was a bold move for two successful players to collaborate and create a $50 billion powerhouse and the largest independent bank in the great state of Texas! Credit Union Merger of the Year.

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

Fintech Labs Insights

HQ: Austin, Texas. Tags: Consumer, SMB, loans, credit, lending, underwriting. Financing for renewable energy and conservation projects. Latest round: $70 million Series D. Total raised: $102.2 HQ: Oakland, California. Source: Crunchbase. Maestro Health. Employee benefits and health insurance services. Latest round: $53 million.

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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

In each instance, we tore apart the UX and UI of each tool, looked at their growth and revenue numbers, pored through interviews with founders and early employees, researched their public reception, talked to employees, and did our own math. Texas — #13 in Credit Karma searches. Mississippi — #1 in Credit Karma searches.

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