Zach Anderson Pettet

FAME builds the Financial services of the future with the farmers of today. Read our story to discover how we are digitizing traditional ViCoBa (Village Community Banking) with the help of #blockchain technology to empower local communities. https://lnkd.in/d46c8pzq

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Putting the FUN in Fundraising: How to Nail your Fundraising Strategy Before it Nails You. That's the name of the virtual talk I gave for Startup Boston in 2022. One of my investors and favorite humans, Tom C., reminded me that he still shares this link all the time and recommends that every founder watch it. I decided to share it again here to help more founders. This video covers: - How to find the "right" investors. - What goes into developing a comprehensive fundraising strategy. - How to create a compelling narrative for investors. - When to aim for raising your next round. - How much money you need to raise. I've included a snippet here about how to find angel investors since it's a widespread question. We released our investor-facing portal after I gave this talk, so I'd also highly recommend joining Scroobious to meet angels where founders have been discovered and subsequently funded. ⏯ Watch the full talk --> https://lnkd.in/eSkbW-YA If you are interested in this content and find the talk valuable, I STRONGLY recommend you apply for a sponsored (free!) Scroobious membership. All of that content plus WAY more is on our platform. Apply here --> https://bit.ly/3J2Bbzi #diversityintech #entrepreneurs #investing #Fundraising #Startups #Entrepreneurship #StartupBoston #Investors #FundraisingStrategy #Pitching #StartupTips #BusinessGrowth #Founders #TechStartups #Innovation #BusinessStrategy #VentureCapital #Funding #EntrepreneurLife #StartupJourney #ScalingUp #StartupCommunity #InvestmentTips #BusinessAdvice #Scroobious

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10x Banking have launched a NEW category of core technology...META CORE! 🚀 👏 🏦 10x’s new platform allows banks AND system integrators for the first time to focus dev resource only on high-value code by abstracting away common product elements as well as the core ledger ITSELF. 🌐 💹 As a result, the new 10x platform only requires a bank to create and maintain as little as 2,000 LINES of code for a SINGLE customized banking product – up to a 10x reduction in code base compared to neo core platforms and up to a 10,000x reduction compared to legacy core 👨‍💻 Antony Jenkins CBE, 10x Banking founder and CEO said, “10 years ago banks knew they had to go on a journey of transformation. Good progress has been made in some areas but one of the challenges that has emerged is that even the newer technologies come with their own set of problems. The ‘meta core’ provides banks with the best of all worlds: flexibility on the one hand and unlimited scalability on the other hand. The benefits are much faster speed to market, enterprise-grade security, the ability to unlock data for AI, and a lower cost base. Neo cores have created part of the solution, but we have taken it to the next level.” “From my experience, running a bank is all about managing risks, and we’ve designed our meta core to specifically remove the key risks that banks face when upgrading their core. 10x Banking is the first company in the world to offer a ‘meta core’, and for the first time gives banks a clear roadmap to full transformation.” Find out more on the link below! 👇 Alice Thomas ThoughtLDR Frederico Venturieri Nicole Sanders Okan Ozaltin Arianne Rosmolen-Dickinson #10xbanking #fintechnews #digitalbanking #corebanking #AI #cloudbanking #bankingtechnology #fintechnews #digitalroadmap

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Customer/Member #1: Serviceability must remain true at all times for a human’s financial experience to avoid creating stress and anxiety over their money. 🤦📲💸 Acceptance: Are we on the same page yet about why financial institutions should support other financial institutions in the future? Protection: Don’t create opportunities for theft. 🛡️ We’re helping to shut down the noise with our digital banking platform and patent-pending brand on banking services, which sits within the financial institutions’ environment with no public internet partners. (Site-to-site VPN). This is the way! Grounding: Enough is enough. Back to basics, financial institutions. You are the only truth and trust, and you know it. 🏦 Solution: We’re giving small and medium-sized financial institutions the bells and whistles of what we’ve built for the largest of banks and protecting it from being monopolized. 💪 Rob v1.3 #fintech #creditunion #bank

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18 Best Practices For Navigating Microloan Lending #payments #fintech #paymentsolutions http://ow.ly/ZLCi30sCzOu

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🚀 Exciting News in the Fintech World! 🚀 Shift4 Payments, under the visionary leadership of CEO Jared Isaacman, has announced its plans to acquire Revel Systems for $250 million. This acquisition, set to close by July 1, will allow Shift4 to enhance its SkyTab POS system with Revel’s cutting-edge capabilities, creating a unified and powerful solution for the restaurant industry. Revel Systems, led by CEO Gregory Dukat, has been a significant player with its iPad-based POS systems, serving over 18,000 merchant locations and handling a $17 billion payment opportunity. This merger not only opens doors for cross-selling payment services but also promises a streamlined and innovative product offering for businesses across the U.S. and Europe. Isaacman has highlighted the potential for a combined sales effort, aiming to deliver unparalleled value to Revel's clients. Despite the ongoing regulatory review and the questions surrounding Revel's employees, the synergy between these two giants marks a significant milestone in the fintech industry. At 733Park, we specialize in navigating these complex mergers and acquisitions, ensuring a seamless transition and maximizing value for all stakeholders involved. As Shift4 continues to entertain acquisition offers, it’s clear that strategic consolidation remains a key driver in the payments sector. What do you think about this acquisition? How do you see it impacting the future of point-of-sale technology and the broader fintech landscape? #Fintech #MergersAndAcquisitions #Payments #POS #Shift4 #RevelSystems #Innovation #Technology #BusinessGrowth #733Park

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That was a blast! Thanks Dave Wallace & Dharmesh Mistry to have me on your amazing Demystify podcast / FinTech Futures. It was truly enlightening discussing the current upheaval in Banking as a Service (BaaS) in the US, highlighting what sets the US apart in the realm of BaaS and embedded fintech. We focused on the future of BaaS/embedded fintech, emphasizing its role in empowering community banks and credit unions. Rather than merely enabling fintech companies, the real opportunity is to power local institutions with next-generation modular banking technology for their digital journey. Now, local financial institutions have the capability to enhance their core offerings, harness modular banking technology to tailor essential features, access prebuilt banking solutions (such as offerings for teens/parents, small to medium businesses, the elderly, and migrants), launch specialized digital services, or tap into Agora's cutting-edge core banking technology. The future is Embedded Fintech! Listen to the episode here: https://lnkd.in/eVhvwTmJ #digitalbanking #corebanking #bankingsolutions #payments #fintechsolutions #digitaltransformation #fintech #baas #neobanks #challengerbanks #embeddedfintech #creditunions #communitybanks #embeddedfinance #nichebanking #ai #apis #modularbanking

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An important discussion that I see first hand in both my very deep tech focused investing industry in venture capital and as an ethnic minority. The anti-woke discussion MUST not derail critical corporate DEI initiatives but the lesson is we need to more than box tick. Fabric Ventures Money20/20

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Hugosave has chosen CLOWD9 as their issuer processing partner! 🤝 💹 📲 Hugosave provides a digital companion app that allows clients to open an account and start setting financial goals and automated saving with schedules; AS WELL AS allowing them to start putting their savings into investments such as precious metals AND ETF Portfolios 🔑 ☁ This partnership between between Hugosave and CLOWD9 is POISED to unlock new opportunities for fintech innovation and provide clients with cutting-edge financial solutions. 👨‍💻 Suresh Vaghjiani, CEO at CLOWD9, shared his excitement, stating, “We are delighted that Hugosave has chosen to process with CLOWD9! We have, over the past months, developed a strong relationship as we support their ambitious expansion plans, and we are all excited about the opportunities this partnership presents for collaboration, growth, and innovation in Asia Pacific and beyond " Read more on the link below! 👇 Fergusson, David #issuerprocessor #clowd9 #digitalpayments #financetechnology #investments #savingsapp #hugosave #apac #digitalwealth #fintechinnovation #ETFs

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Episode🎙️621 Arad Levertov from Sunbit VIA #BankOnItPodcast #Produced by #ListenDeck. 🗝️ takeaways - Conviction, clean (bug free at the root) technology, and communication excellence. - Treating each customer as if they were the only customer. - Clear communication, humility, and learning from both successes and mistakes are essential for continuous improvement. -Staying focused on the mission and values of the company helps prioritize decisions and actions. These are all key factors in Sunbit's success. 🔗to full interview in comments.

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Carey Ransom, since I've been in the business (started in banking January 2000), Bankers have been 1) trained, 2) compensated, and 3) promoted based on their ability to grow the asset side of the balance sheet (i.e., make loans - preferably 100% funded loans like term loans and commercial real estate loans). Historically, the "funding" side of the bank has been responsible for funding asset growth and many Bankers simply don't have the background to go raise deposits as the first priority (the commercial banking model is built around leading with "credit" and the deposits and ancillary fees will follow). So what is the solution?: 1️⃣ transition the proportion of CRE to C&I to be more heavily weighted toward C&I - reason is you get about 55% compensating balances in C&I (vs. ~25% when you make a C&I loan). 2️⃣ stand up niche deposit gathering solutions alongside your C&I banking business, deliver the technology and solutions those niche spaces need, and be rewarded with the deposits on your balance sheet. 3️⃣ stand up the right data strategy internally to be able to manage, model and forecast how your deposit mix is going to impact the P&L so you'll know which levers to pull.

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☀ July 2024: Top 5️⃣ New #Fintech Launches ☀ From wealthtech to digital wallets, July has been a dynamic month in the fintech space. Here are five standout launches: 🔶 Waltz - Miami-based wealthtech start-up Waltz has launched a platform enabling foreign investors to purchase US real estate in 30 days or less, simplifying the process and eliminating high currency conversion fees. 🏠 🔶 Wero - The European Payments Initiative (EPI) has launched Wero, a digital wallet and instant account-to-account payments solution in Germany. Initially available to German Savings Banks Association and DZ Bank customers, it will expand to Deutsche Bank by the end of summer. 🇩🇪 🔶 Nationale-Nederlanden - Dutch insurer Nationale-Nederlanden will launch digital payment accounts in 2025, offering joint and individual accounts exclusively via their app. This is a strategic expansion of their financial services operations. 🇳🇱 🔶 Compound - Save now, buy later startup Compound is set to launch in MENA in Q4. Founded by Shashank Narayanan, it aims to reward consumers for saving with their favorite brands and lower customer acquisition costs for merchants. 🌍 🔶 WAMD - Kuwait’s new instant payment system, WAMD, approved by the Central Bank of Kuwait, enables account-to-account transfers using just a phone number. Major banks like NBK and Kuwait Finance House are already live with this system. 🇰🇼 Any new fintech innovation missing this? Share your thoughts! #Fintech #DigitalTransformation #FinancialServices #Payments #MobileBanking

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Visa reVAMPs monitoring program —- VFMP and VDMP, the fraud and dispute monitoring programs are being merged and the new program is called VAMP. It releases in April next year. We have been discussing it at the MRC | Merchant Risk Council for the past month…what does it mean? In a nutshell there isn’t enough information out yet to know if it’s a good thing or a bad thing for merchants - the devil will be in the calculation details. That said it promises to not count items that were deflected or refunded, can that technically be done? If it can that’s a positive improvement for everyone. What are your thoughts on this one?? I found a decent write up on it from David DeCorte that is worth a read…https://lnkd.in/g6-ad2tN.

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Are you a Community Bank or Credit Union searching for a comprehensive Family Banking Solution? Look no further than Teenz Power by Agora—the ultimate true white label banking solution. Here's why Teenz Power is the ideal choice for you: 💡 Your Brand, Your Customers: This is not a co-branded solution; it's fully tailored to showcase your brand. 💡 Keep Deposits and Own Revenues: Yes, you retain all deposits and revenue generated. 💡 Fast Track Deployment: Get up and running quickly with our streamlined deployment process. No core integration needed. Discover the power of Teenz Power with these cutting-edge features: ➡️ Parental Control for added security and oversight. ➡️ Financial Literacy tools to empower young account holders. ➡️ Plastic and Virtual Cards for enhanced convenience and security. ➡️ Cash Deposit at retailers for flexibility in banking. ➡️ Exclusive Innovative Banking Features including sub-accounts and shared accounts. ➡️ Chores and Donation Programs to engage young users in meaningful activities. ➡️ Carbon Program & Tree Planting initiatives to promote environmental responsibility. ...and much more! Ready to learn more? Contact us today to unlock the potential of teen banking for your institution. #FintechPartnership #digitalbanking #corebanking #bankingsolutions #fintechsolutions #digitaltransformation #fintech #embeddedfintech #creditunions #communitybanks #embeddedfinance #nichebanking #teenbanking

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🚀 Check out the latest report from PYMNTS on the "Innovations and Development of Card-Linked Installment Plans," produced in collaboration with Splitit. Over half of consumers are willing to switch merchants for access to card-linked installment plans, highlighting their growing importance. Discover why more than half of merchants believe in their potential and how a third of consumers are ready to use them for their largest purchases. 🚀 #Fintech #Payments #Innovation #ConsumerBehavior #InstallmentPlans #MerchantTrends

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Embedded Finance can feel a bit like a buzz word these days, but this partnership between HubSpot and Stripe is a great example of how embedding payments facilitation directly into the AR processes (and in this case it's also tied to the CRM, providing a 360 view of clients) can add real value to a business's workflow. #payments #b2bpayments #embeddedfinance

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How does a bank blend tradition with a tech-savvy approach? 🤔 "Data is both the disease and the cure." - Anthony Peculic, Head of BaaS and Cards, Cross River Bank Join Tedd Huff and Nate Bray as they chat with Anthony Peculic about the changing landscape of banking. They discuss how Cross River Bank combines the stability of traditional banking with the creativity of a tech company. From dealing with regulations to adapting to new market conditions, this episode is packed with insights! 💡 1️⃣ The impact of macroeconomic changes on products 2️⃣ The shift from banks being just vendors 3️⃣ The role of data in financial solutions Learn how Cross River Bank is investing heavily in technology to enhance their services and stay ahead of the curve. Accrued, a Fintech Confidential series presented by LoanPro #CrossRiverBank #TraditionalBanking #TechCompany #AnthonyPeculic #BaaS #BankingAsAService #MacroeconomicSituations #FinTech #BusinessPerspective #BankingVendors #DataInBanking #TechnologyInBanking #EmbeddedFinance #CardPrograms #BankingRegulation #EntrepreneurialBanking #InnovativeBanking #FinancialTechnology #BankTechnologyInvestments #BankingEngagement #CardSponsorship #BankingTech #BankingProducts #BankRegulation #BankingInnovation #TechDrivenBanking Tedd Huff DD3 Media Fintech Confidential

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How does a bank blend tradition with a tech-savvy approach? 🤔 "Data is both the disease and the cure." - Anthony Peculic, Head of BaaS and Cards, Cross River Bank Join Tedd Huff and Nate Bray as they chat with Anthony Peculic about the changing landscape of banking. They discuss how Cross River Bank combines the stability of traditional banking with the creativity of a tech company. From dealing with regulations to adapting to new market conditions, this episode is packed with insights! 💡 1️⃣ The impact of macroeconomic changes on products 2️⃣ The shift from banks being just vendors 3️⃣ The role of data in financial solutions Learn how Cross River Bank is investing heavily in technology to enhance their services and stay ahead of the curve. Accrued, a Fintech Confidential series presented by LoanPro #CrossRiverBank #TraditionalBanking #TechCompany #AnthonyPeculic #BaaS #BankingAsAService #MacroeconomicSituations #FinTech #BusinessPerspective #BankingVendors #DataInBanking #TechnologyInBanking #EmbeddedFinance #CardPrograms #BankingRegulation #EntrepreneurialBanking #InnovativeBanking #FinancialTechnology #BankTechnologyInvestments #BankingEngagement #CardSponsorship #BankingTech #BankingProducts #BankRegulation #BankingInnovation #TechDrivenBanking Tedd Huff DD3 Media Fintech Confidential

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