MetaBank

BlinkSky Exits Stealth to Digitally Transform the Payments Industry

Retrieved on: 
Wednesday, January 24, 2024

2023 marked a significant milestone for BlinkSky , a global payments platform that delivers secure, interactive and customizable digital cards, real-time at scale.

Key Points: 
  • 2023 marked a significant milestone for BlinkSky , a global payments platform that delivers secure, interactive and customizable digital cards, real-time at scale.
  • Among its most recent accomplishments, BlinkSky raised $1.5M in its initial private round, with investment participation from industry luminaries, including former c-suite executives from Systems and Methods, Inc. (SMI), MetaBank, Fiserv and InComm.
  • Piloting exploratory digital use cases to developing markets, the company onboarded Jamaica Public Service Company (JPS), Jamaica's largest power company, delivering digital utility payments end-to-end.
  • "We are at the cusp of a digital revolution in payments, and BlinkSky plans to play an active role in the charge."

Christy Morgan joins Republic Business Credit as Vice President and Legal Manager

Retrieved on: 
Friday, March 17, 2023

NEW ORLEANS, March 17, 2023 /PRNewswire-PRWeb/ -- In the new role, Morgan will oversee all legal materials for onboarding clients and work on amendments for existing clients. She will partner with the underwriting, sales and client service teams to provide crucial support across the business. Her expertise in disclosure and regulatory requirements adds tremendous value to the company and its fast-paced growth trajectory.

Key Points: 
  • She will partner with the underwriting, sales and client service teams to provide crucial support across the business.
  • Republic provides asset-based lending, ledgered lines of credit, traditional factoring and direct-to-consumer solutions to both entrepreneurial and private equity-owned companies.
  • Republic is committed to helping new business owners and private equity sponsors in more than 30 states across a diverse geographic footprint.
  • Prior to joining Republic, Christy worked for nearly 30 years in due diligence, legal documentation, negotiation and closing support in the commercial finance industry, including asset-based lending, lines of credit and factoring.

TOTUS Welcomes Hollis Thornton as Vice President of Client Success

Retrieved on: 
Tuesday, September 20, 2022

TOTUS Gift Card Management, a rapidly growing company chartered to provide gift card issuance and comprehensive program management solutions for brands, has named Hollis Thornton as Vice President of Client Success.

Key Points: 
  • TOTUS Gift Card Management, a rapidly growing company chartered to provide gift card issuance and comprehensive program management solutions for brands, has named Hollis Thornton as Vice President of Client Success.
  • She is currently the Incentive Gift Card Coalition President and sits on the board of the Incentive Marketing Association.
  • Hollis is one of the most talented and well-respected executives in the gift card industry and we are thrilled she is joining the TOTUS team, said Dave Jones, CEO of TOTUS Gift Card Management.
  • Thornton will lead TOTUS Client Success team, the single point of contact for brand clients and the team dedicated to growing the gift card programs for client brands through placement in loyalty, employee incentive, retail, and reward programs.

Kora, the Personal Finance App Just for College Students, Reaches 100,000 Active Users on Budgeting Tool

Retrieved on: 
Tuesday, August 9, 2022

Kora , a financial technology company exclusively serving college students, announced theyve reached 100,000 active users on their Kora Insights budgeting tool 1.

Key Points: 
  • Kora , a financial technology company exclusively serving college students, announced theyve reached 100,000 active users on their Kora Insights budgeting tool 1.
  • This milestone arrives as students throughout the U.S. grapple with the rising costs of college and associated living expenses.
  • Kora Insights1 allows users to securely connect their banking accounts for a full scope of their assets, and also categorizes users transactions to make budgeting easier.
  • This tool is one of four additional personal finance offerings including Cash 1, Card 2, and Drive 1.

Freedom Financial Network Announces Close of $324M Securitization of FreedomPlus Personal Loans

Retrieved on: 
Thursday, July 7, 2022

SAN MATEO, Calif., July 7, 2022 /PRNewswire/ -- Freedom Financial Network (FFN), a leading digital personal finance company, announces the closing of a securitization consisting of $323.55 million in rated notes backed by FreedomPlus personal loans.

Key Points: 
  • SAN MATEO, Calif., July 7, 2022 /PRNewswire/ -- Freedom Financial Network (FFN), a leading digital personal finance company, announces the closing of a securitization consisting of $323.55 million in rated notes backed by FreedomPlus personal loans.
  • FreedomPlus loans help consumers consolidate debt, lower interest rates and convert revolving debt into lower-cost, more consumer-friendly installment loans.
  • "FreedomPlus loans are an important financial tool for consumers seeking to consolidate unsecured debt," said Andrew Housser, Co-Founder and Co-CEO of Freedom Financial Network.
  • By leveraging proprietary data and analytics, our solutions are tailored for each step of a consumer's financial journey and include personal loans ( FreedomPlus ), home equity loans ( Lendage ), help with debt ( Freedom Debt Relief ), and even financial tools and education ( Bills.com ).

The Strawhecker Group Expands Global Payments Expertise with Pan-European Fintech & Payments Advisory Network

Retrieved on: 
Wednesday, June 29, 2022

The Strawhecker Group (TSG) , a globally recognized analytics, intelligence, and consulting firm in the payments industry, has today formed a strategic alliance with Pan-European Fintech & Payments Advisory Network (TFPA) , a network of senior executives focused on payments, fintech, and banking, to expand its global reach.

Key Points: 
  • The Strawhecker Group (TSG) , a globally recognized analytics, intelligence, and consulting firm in the payments industry, has today formed a strategic alliance with Pan-European Fintech & Payments Advisory Network (TFPA) , a network of senior executives focused on payments, fintech, and banking, to expand its global reach.
  • Our alliance with TFPA expands our global footprint and provides our clients access to a group of European-based experts with invaluable experience in the fintech space, said Mike Strawhecker, President of TSG.
  • This experience, paired with TSGs proven payments analytics product set and market intelligence, combines to provide a truly best-in-class offering to the global payments community.
  • The Fintech & Payments Advisory Network (TFPA) brings a unique blend of skills, capabilities and real world experience to assist its clients in Fintech and Payments with commercial growth and strategic advice.

Fundbox Announces Partnerships to Expand Payment Capabilities, Adds Former Goldman Sachs Exec as Chief Product Officer

Retrieved on: 
Wednesday, June 22, 2022

Fundbox also announced the appointment of a new Chief Product Officer, Jin Hwang, who most recently served as Head of Product - Platform at Marcus by Goldman Sachs and previously led the product team at Intuit QuickBooks Capital.

Key Points: 
  • Fundbox also announced the appointment of a new Chief Product Officer, Jin Hwang, who most recently served as Head of Product - Platform at Marcus by Goldman Sachs and previously led the product team at Intuit QuickBooks Capital.
  • Our new partnership with Galileo and MetaBank enables us to expand and scale payment offerings on our platform, said Prashant Fuloria, CEO of Fundbox.
  • The continued expansion of Fundboxs working capital products will be overseen by Jin Hwang, Fundboxs new Chief Product Officer.
  • Most recently, Hwang served as Head of Product - Platform at Marcus by Goldman Sachs, where he built and scaled the platform product team.

How to still make 3x in a turbulent crypto market: "Metabank to build first decentralized bank in the Metaverse"

Retrieved on: 
Tuesday, June 14, 2022

BTC, the original cryptocurrency, which is responsible for about a third of the value of the sector.

Key Points: 
  • BTC, the original cryptocurrency, which is responsible for about a third of the value of the sector.
  • The cost of a single bitcoin has been dropping slowly since the beginning of 2022, alongside a major market correction in the technology sector.
  • More than $200 billion has been wiped off the entire cryptocurrency market on Monday June 13th, 2022.
  • Borrowers can use the $METAX token as a collateral for the loan and this is giving the METAX token a powerful utility.

How to still make 3x in a turbulent crypto market: "Metabank to build first decentralized bank in the Metaverse"

Retrieved on: 
Tuesday, June 14, 2022

BTC, the original cryptocurrency, which is responsible for about a third of the value of the sector.

Key Points: 
  • BTC, the original cryptocurrency, which is responsible for about a third of the value of the sector.
  • The cost of a single bitcoin has been dropping slowly since the beginning of 2022, alongside a major market correction in the technology sector.
  • More than $200 billion has been wiped off the entire cryptocurrency market on Monday June 13th, 2022.
  • Borrowers can use the $METAX token as a collateral for the loan and this is giving the METAX token a powerful utility.

Coastal Names Bank Secrecy Act (BSA) Officer

Retrieved on: 
Monday, May 23, 2022

EVERETT, Wash., May 23, 2022 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the Company), the holding company for Coastal Community Bank (the Bank), announced the hiring of Jeff Ketelhut, CAMS, as Executive Vice President and Bank Secrecy Act (BSA) Officer.

Key Points: 
  • EVERETT, Wash., May 23, 2022 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the Company), the holding company for Coastal Community Bank (the Bank), announced the hiring of Jeff Ketelhut, CAMS, as Executive Vice President and Bank Secrecy Act (BSA) Officer.
  • His expertise includes BSA, anti-money laundering measures, and overall compliance, said Andrew Stines, Chief Risk Officer for Coastal.
  • Before joining Coastal, Ketelhut was Vice President of Compliance for MetaBank, and was a National Bank Examiner for the Office of the Comptroller of the Currency (OCC).
  • Coastal Financial Corporation (NASDAQ: CCB), is an Everett, Washington-based Bank holding company with Coastal Community Bank (the Bank) a full-service commercial bank, as its sole wholly-owned banking subsidiary.