Marqeta Looking To Raise $250M at a $1.9B Valuation
According to Techcrunch a new fintech unicorn is about to be crowned; digital payments leader Marqeta is looking to raise $250 million at a valuation ...
The Market for P2P Payments is Finally Taking Off
While there have been many false starts, the market for P2P payments is finally taking off in this country; two-thirds of financial institutions offer or are ...
HoneyBook Raises $28mn Round from Citi and Plans to Launch New Products
The popular financial management app for solopreneurs and freelancers, HoneyBook, has raised $28mn from Citi as they look to diversify their product base; the ...
Community Banks Must Be Careful to Not Over Automate
Deciding what new technology works best is a struggle that community banks are continuing to work through as they try to find the right ...
Small Financial Institutions Should Embrace Fintech
In an op-ed in American Banker the executive director of the Marketplace Lending Association, Nat Hoopes, argues that small banks and credit unions should not ...
Announcements & Releases for March 22, 2019
Data breaches drive jump in UK financial fraud JP Morgan Head of eCommerce Sees Little Threat from “Payments Disruptors” ...
Opendoor Raises $300M at a $3.8B Valuation
Real estate fintech platform Opendoor appears to be crushing it; they have raised some $1.3 billion in equity and around $3 billion in debt to ...
Square Launches an Online Store to Compete With Shopify
Square has unveiled a fully fledged online storefront for its sellers signifying its first major foray into e-commerce; until now Square has been primarily focused ...
Chase Launches New Low-Cost Checking Account for the Underserved
The new account is aimed at consumers who may not otherwise have a traditional banking relationship; the account still comes with a monthly service fee ...
Competition for Deposits in the US
A recent research note from Bank Policy Institute shares how big and smaller banks are fairing in the fight for deposits; big banks report more ...