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Kevin Travers
JoinedAug. 16, 2021
Articles225
Intensely energetic news reporter asking questions covering the collision between Silicon Valley, Wall Street, and everywhere in-between. Studied history at the University of Delaware, learned to write at the Review, and debanked.
Avanti Stable coin regulation
Crypto
·Nov. 22, 2021

Avanti, crypto banks shut out

Avanti now needs FDIC insurance and acceptance into the Federal Reserve payments system to function as a bank and offer stable coin services.

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BaaS fintech bank
Mergers & Acquisitions
·Nov. 18, 2021

BM Technologies buys a Seattle Bank

BM Technologies, a BaaS fintech that went public through a SPAC announced they plan to buy First Sound Bank, a community bank from Seattle.

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Fintech
·Nov. 17, 2021

Canny wins Europe PitchIt Startup competition

Today, the eight finalists pitched virtually in front of several leading VCs, and one came out on top. At the finale of the pitch competition, Canny Co took the gold prize.

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neo bank digit oportun
Mergers & Acquisitions
·Nov. 16, 2021

Oportun to purchase Digit, become Neobank

More than 100 Digit employees and current CEO Ethan Bloch will become a part of the Oportun ecosystem.

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regulator report
Regulation
·Nov. 16, 2021

Crypto, cyber-attacks, and CBDCs: OneSpan releases global regulator report

The report found that more than half of banks reported challenges reducing cyberattacks, and nearly half of firms are concerned with safeguarding sensitive data and adapting to consumer privacy laws.

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Yeildstreet art fund
Fintech
·Nov. 15, 2021

Alt investor Yieldstreet adds art equity fund

Yieldstreet, a fintech that aims to give retail investors access to alternative investments, announced Friday that users would have access to a new fractional art investing platform called the Art Equity Fund.

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Fintech Earngins week
Fintech
·Nov. 12, 2021

Q3 Fintech Earnings Week: a Wild Ride

This earnings season started strong but turned uneven this week. Even firms that showed outsized growth saw their stock prices...
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digit neo bank
Banking
·Nov. 11, 2021

Digit set to become a neobank

The firm has helped members save upwards of $7 billion to date through retirement savings, investing, and rainy day fund planning.

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Fintech Europe Startup Summit
Fintech
·Nov. 10, 2021

Live Startup Pitch-off tomorrow, Finals next week at Startups Summit

Tomorrow, some of the top startups in Europe will go head to head. Our second group of semifinalists in Pitchit's Startup Summit competition will pitch their ideas live in front of a panel of fintech industry vets to compete for the gold prize.

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Two people review spreadsheets
Fintech
·Nov. 5, 2021

Fintech Q3 Earnings: Oportun, Square, Green Dot

This week saw three fintech firms representing payments, debit, and credit post results. Although each saw momentous growth year over year, in some cases, it was not enough to outpace expectations after this bull run of a year for fintech.

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