HIGHLIGHTING FINTECH LEADERS
CHECK OUT OUR Q&A
WITH JUDITH ERWIN
The digital world continues to offer a reprieve from the stormy waters of financial upheaval. Long touted as competition to brick-and-mortar banks, digital banks are poised to surge in the wake of our present woes. Have no fear: all-digital banking is here (and here to stay).
Grasshopper Bank is an NYC-based digital-only bank catering to a select clientele: entrepreneurs, venture capitalists, and incubators. Named for a famed American computer programming pioneer, this mean-green-banking-machine banked over $131M to democratize access to capital for innovators.
Our admiral on-deck for this digital voyage is Judith Erwin, Founder and CEO. Judith’s banking prowess and steady hand are sure to [...]
MARCH 27TH REPORT: TOP FINTECH FUNDING ROUNDS
"Coterie raises $8.5M to build commercial insurance as a service"
FinTech funding slowed to a trickle this week in the wake of the economic uncertainty roiling the markets. Have no fear: FinTech is here, and here to stay. We all know the bad news so let’s focus on the good!
We begin with two Series A startups: One and Coterie. The SF-based digital bank One banked a $17M Series A. Still in early launch mode, this digital contender is riding the wave of support for online-only banks. API-based commercial insurance provider Coterie inked an $8.5M Series A deal. This InsurTech startup uses APIs to act as an intermediary for providers, customers, and even freelancers.
Three startup companies join us for seed round funding this week: ZeFi, Trimwire, and WealthyPlanet. ZeFi is an Ethereum-powered high-yield savings account for USD and virtual currencies. The company grew out of the 2020 Y Combinator startup field. Trimwire is another 2020 Y Combinator startup that “builds spend management software for startups to maximize their runway”. Both ZeFi and Trimwire landed $150,000 in seed round funding. Last up is Ontario-based WealthyPlanet, offering financial planning for Canadians. The company offers to make you a financial planning rock star for the ultra-low-cost of free. Hurrah!
What's one of the easiest ways to stay up on FinTech trends? Here's a short list of a few of close friends of Empire who just happen to have :fire: podcasts.
Every week the show host John Siracusa talks with amazing fintech leaders and entrepreneurs, through conversation uncovers the amazing stories behind them, their creations and the most important topics in fintech today.
For Fintech’s Sake is a broad look at the world of fintech. Host, Zach Anderson Pettet, explores the stories at the intersection of finance and technology from the perspectives of Founders, Investors, and Incumbents.
Fintech Insider is a bi-weekly podcast dedicated to all things fintech, banking, technology and financial services. Hosted by a rotation of experts and joined weekly by fantastic guests, they discuss the latest news within the industry.