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Fintastico Team
2 months, 4 weeks
http://feedproxy.google.com/~r/finovate/~3/7Cai...
Birth of a Bank: Varo Money Secures National Charter - Finovate
It’s been a good year for Varo Money. The company became the preferred destination for clients leaving Moven this spring, when the fintech announced that it was pivoting away from consumer banking in favor of a focus on its financial wellness technology. A few months later, Varo reported a massive investment of $241 million in Read more...
Fintastico Team
4 months, 2 weeks
https://thefinancialbrand.com/97302/challenger-...
Are Challenger Banks on the Rocks? Or Will They Rock You?
Challenger banks and other fintechs have hit a rough stretch due to funding issues and lower revenue. But don't start celebrating just yet.
Fintastico Team
4 months, 2 weeks
https://thefinancialbrand.com/97302/challenger-...
Are Challenger Banks on the Rocks? Or Will They Rock You?
Challenger banks and other fintechs have hit a rough stretch due to funding issues and lower revenue. But don't start celebrating just yet.
Fintastico Team
4 months, 3 weeks
https://www.fintechfutures.com/2020/06/varo-rai...
Varo raises $241m Series D with new investor Gallatin Point Capital
To date, the fintech has raised $419.4 million.
Fintastico Team
5 months
http://feedproxy.google.com/~r/finovate/~3/QC5p...
Fintech Analysts Speak Out About COVID-19 - Finovate
We’re used to things changing fast in the fintech industry, but in the past few months, we’ve seen even more rapid change. That’s the reason behind the latest series on the Finovate podcast: Fintech in Extraordinary Times. In this series, host Greg Palmer caught up with nine fintech analysts to get their thoughts on what Read more...
Fintastico Team
6 months, 2 weeks
https://bankinnovation.net/allposts/biz-lines/r...
Moven closes consumer-facing business, pushes customers to Varo
As Moven begins shutting down its consumer-facing businesses, the digital banking platform is funneling its customers to Varo Money. "Moven has been a pioneer
Fintastico Team
6 months, 2 weeks
https://www.finextra.com/newsarticle/35641/move...
Moven customers to transition to Varo
San Francisco-based mobile banking startup Varo Money is taking on the customers of Moven, which recently decided to shut down its direct-to-consumer offering.
Fintastico Team
6 months, 2 weeks
https://www.americanbanker.com/opinion/the-diff...
Fintastico Team
6 months, 2 weeks
http://feedproxy.google.com/~r/finovate/~3/5TXY...
Xignite Secures Patent for Market Data Driven Alerts; eXate Earns Accelerator Spot - Finovate
Market data distribution and management solutions provide Xignite has scored a patent for the technology behind its CloudAlerts REST API. The patent recognizes the company’s innovation in developing real-time alerts based on pre-defined stock market conditions. This technology can be added to website or mobile apps by developers to provide users with real-time, automatic notifications Read more...
Fintastico Team
6 months, 2 weeks
https://thefinancialbrand.com/95220/bank-branch...
Bank Branches: There's No Going Back to Pre-COVID Days
The coronavirus has sharply altered consumer banking habits forcing financial institutions to rethink the future of the in-person channel.
Fintastico Team
6 months, 3 weeks
https://thefinancialbrand.com/94841/varo-moven-...
What Varo Money's Deal with Moven Means for Challenger Banks' Future
COVID's impact led to the demise of one of these fintech banks but has new accounts soaring at the other. The CEOs describe the arrangement.
Fintastico Team
6 months, 3 weeks
https://www.finextra.com/blogposting/18633/covi...
Covid-19 and the rush to Digital banks
Umberto Eco once wrote “Everything is repeated, in a circle. History is a master because it teaches ...
Fintastico Team
6 months, 3 weeks
https://www.fintechfutures.com/2020/04/will-fin...
Will fintech CEOs follow in the footsteps of Dan Price post-coronavirus?
Monzo and Moven's CEOs have both taken a 100% pay cut.
Fintastico Team
6 months, 4 weeks
https://www.fintechfutures.com/2020/04/monzos-c...
Monzo’s CEO takes 100% pay cut for 12 months
Senior management and the board will also take a 25% pay cut.
Fintastico Team
7 months
http://www.digitaljournal.com/pr/4636982
Fintech Founders book hits the top of the financial technology chart
"Fintech Founders is the reference guide for starting up a financial technology startup, and it has hit best-selling ranking in four different Amazon categories."Over 70 in-depth interviews of Fintech Founders provide lessons from some of the most successful fintech entrepreneurs that will help you understand the challenges and opportunities of applying technology and collaboration to solve some key problems of the financial services industry.Fintech Founders, the reference guide for starting up a financial technology startup, has hit best-selling ranking in four different Amazon categories.
Fintastico Team
7 months
http://feedproxy.google.com/~r/finovate/~3/sbSW...
Fintastico Team
7 months
https://www.americanbanker.com/news/why-moven-o...
Why Moven, one of the first challenger banks, is calling it quits
Founder Brett King will now focus on the enterprise software side of the business, which provides mobile banking software to traditional banks.
Fintastico Team
7 months
https://www.fintechfutures.com/2020/03/moven-sh...
Moven shuts all consumer accounts, pivots to B2B-only service for banks
Founder says "major multi-year funding" was withdrawn due to coronavirus.
Fintastico Team
7 months
https://www.finextra.com/newsarticle/35520/move...
Moven to wind down consumer unit as spin-off funding withdrawn
Moven is to shut down its direct-to-consumer PFM offering following the withdrawal of multi-year funding as a result of market conditions.
Fintastico Team
7 months, 2 weeks
https://www.crowdfundinsider.com/2020/03/158771...
Banking Challenger Moven Partners STC Pay to Introduce New Banking Service for Young People in Saudi Arabia
Banking challenger Moven partners STC Pay to introduce new banking service for young people in Saudi Arabia.
Fintastico Team
7 months, 2 weeks
https://www.americanbanker.com/news/moven-teams...
Moven teams up with Saudi firm in cross-border fintech experiment
The U.S. challenger bank and the startup STC Pay aim to create a special blend of banking services for millions of tech-savvy, cash-averse consumers in Saudi Arabia.
Fintastico Team
7 months, 2 weeks
https://www.americanbanker.com/news/moven-teams...
Moven teams up with Saudi firm in cross-border fintech experiment
The U.S. challenger bank and the startup STC Pay aim to create a special blend of banking services for millions of tech-savvy, cash-averse consumers in Saudi Arabia.
Fintastico Team
7 months, 3 weeks
https://thefinancialbrand.com/93824/banking-dig...
Banking Must Provide Financial Relief In Times Of Economic Stress
Most financial institutions are ill equipped to provide personalized solutions to consumers faced with a financial emergency caused by Coronavirus.
Fintastico Team
8 months, 1 week
https://thefinancialbrand.com/93263/fintech-dig...
LendingClub and Radius Merger: First of Many Fintech + Bank Deals?
First fintech acquisition of a U.S. bank will create a traditional banking structure but in an entirely digital way. Get set for more.