Fintech Focus For November 2, 2021

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Quote To Start The Day: “Ownership creates empowerment.”

Source: Lule Demmissie

One Big Thing In Fintech: Money20/20’s latest in-person conference was held Oct. 24-27 at The Venetian Resort in Las Vegas, Nevada.

Amidst all the recognition and networking, Benzinga had the opportunity to speak with Christina Bechhold Russ, the SVP and director of strategic investment initiatives at Truist Ventures, the corporate venture arm of Truist Financial Corporation TFC.

Source: Benzinga

Other Key Fintech Developments:

  • M1 Finance strikes partnership.
  • WonderFi is adding new assets. WONDF
  • Rocket looks to MaaS offerings. RKT
  • Emburse adding new products.
  • Nubank has filed to publicly list.
  • Socure adds identity fraud offer.
  • Mastercard teamed with Bakkt. MA
  • Crypto.com #1 app Google Play.
  • Chip launches with ClearBank.
  • InvestCloud launches new offer.
  • Tiffin raises $47M in a Series C.
  • OKEx launches portfolio margin.
  • Stackwell intros investing offer.
  • FB Bank to launch crypto cards.
  • Zolve secures $40M in funding.
  • FDX has added new members.
  • Trulioo appoints new leadership.
  • Bolt is seeking to raise $777M.
  • BlockBank will launch DeFi app.
  • Polly will speed up originations.
  • 7Ridge acquires TT, adds CEO.
  • BoA reinforces fraud prevention. BAC
  • Uber Freight, Marqeta team-up. UBER MQ
  • Nook nets $1.1M for expansion.
  • Sigo Seguros wins fintech pitch.
  • Wealthface launches trade tech.
  • ION has added TreasuraSpark.
  • Valley Bank adds cannabis app.
  • Apollo.io raises $32M in funding.
  • AllianceBlock revealed roadmap.
  • Tiger Global leads Swap round.
  • CoinSmart paves way to listing.
  • Tifin has added $47M in funding.
  • Tulip adds $5M, eyes expansion.

Watch Out For This: It's not uncommon for young professionals to receive unsolicited professional advice early in their careers.

Anna Avalos, the chief people officer at financial management company SoFi, understands this all too well.

"While the advice that friends, coworkers, and family share is almost always well-intentioned, remember it's always based on that person's perspective," Avalos said. "Your goals and experiences are uniquely yours to own and you'll reach your fullest potential by following your own path."

Source: Business Insider

Interesting Reads:

  • TX, Wall Street fight grew bigger.
  • Zillow sells 7,000 homes for $3B. Z
  • Why traffic stops can turn deadly.
  • TD shaking high-level leadership. TD
  • Stablecoin risk spurs crack down.

Market Moving Headline: Tapering won’t impact inflation.

Though tapering won’t be disinflationary, it could help keep market-based measures of inflation expectations anchored, since tapering is the preamble to the Fed beginning to tighten monetary policy either by allowing its balance sheet to decline and/or by increasing the target range for the fed funds rate.

Source: Moody's MCO

Market News and Data brought to you by Benzinga APIs
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