Categories Bank

11 posts

Auto Added by WPeMatico

Copy paste programmers

SoFi acquires community bank Golden Pacific Bancorp to speed up its national bank charter process

SoFi, more formally known as Social Finance, announced today that it has agreed to acquire Golden Pacific Bancorp (GPB) for about $22.3 million. The dollar amount is not staggering. What is more notable about the acquisition is that it’s giving SoFi a quick route to getting a national bank charter. […]

Copy paste programmers

Square’s bank arm launches as fintech aims ‘to operate more nimbly’

Known for its innovations in the payments sector, Square is now officially a bank. Nearly one year after receiving conditional approval, Square said Monday afternoon that its industrial bank, Square Financial Services, has begun operations. Square Financial Services completed the charter approval process with the FDIC and Utah Department of Financial […]

Copy paste programmers

Fintech companies must balance the pursuit of profit against ethical data usage

Richard Steggall Contributor Share on Twitter Australia native Richard Steggall is the CEO of Urban FT, a New York-based fintech company. He has more than two decades of experience in fintech, capital growth, mergers & acquisitions and strategic IPO advisory. Financial institutions are falling behind the tech curve in delivering […]

Copy paste programmers

What should banking look like for modern couples?

Zeta co-founder Aditi Shekar has spent the past three years tracking the ways couples share and manage their finances, from each card swipe to every split bill. Her effort led to tens of thousands of couples signing up for a free budgeting app experiment. Today, those learnings have been formed […]

Charlie launches a mobile app that ‘gamifies’ getting out of debt

Charlie, a personal finance app that began as a chatbot, is relaunching today with a revamped experience focused on the larger goal of helping everyday Americans get out of debt. To do so, Charlie presents users with a full picture of their current debt and how long it will take […]

Copy paste programmers

Watch SpaceX’s first dedicated rideshare rocket launch live, carrying a record-breaking payload of satellites

  SpaceX is set to launch the very first of its dedicated rideshare missions – an offering it introduced in 2019 that allows small satellite operators to book a portion of a payload on a Falcon 9 launch. SpaceX’s rocket has a relatively high payload capacity compared to the size of […]

Copy paste programmers

Watch SpaceX launch its first dedicated rideshare mission live, carrying a record-breaking number of satellites

[UPDATE: Today’s attempt was scrubbed due to weather conditions. Another launch window is available tomorrow at 10 AM ET] SpaceX is set to launch the very first of its dedicated rideshare missions – an offering it introduced in 2019 that allows small satellite operators to book a portion of a payload […]

Lana has launched in Latin America to be the one-stop shop for gig workers’ financial needs

Lana, a new startup based in Madrid, is looking to be the next big thing in Latin American fintech. Founded by serial entrepreneur Pablo Muniz, whose last business was backed by one of Spain’s largest financial services institutions, BBVA, Lana is looking to be the all-in-one financial services provider for […]

Copy paste programmers

Vista Partners founder calls for a fintech revolution to help pandemic-hit, minority-owned small businesses

The head of what is arguably private equity’s most successful technology investment firm — Vista Equity Partners — made a rare appearance on Meet The Press to discuss the steps that the country needs to take to help minority-owned businesses recover from the economic collapse caused by the COVID-19 epidemic. […]

Copy paste programmers

The intersection of small business, tech and our financial system is more important than ever

Ann Marie Mehlum Contributor Share on Twitter Ann Marie Mehlum serves on several boards, including Summit Bank, and is a senior advisor at FS Vector, Fenway Summer’s advisory affiliate. Previously, she was associate administrator of Capital Access at SBA. Javier Saade Contributor Share on Twitter Javier Saade serves on several […]