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Savana raises a fresh round of capital to digitize banks’ services

TechCrunch

A portion of the capital — $10 million — was debt, while the rest was a Series A equity tranche led by Georgian Capital Partners. Moreover, only 11% of finance executives say their organization has modernized systems to the point where they can easily incorporate new digital technologies, according to Deloitte.

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Fintech companies must balance the pursuit of profit against ethical data usage

TechCrunch

He has more than two decades of experience in fintech, capital growth, mergers & acquisitions and strategic IPO advisory. Naturally, Big Tech players have recognized the opportunity to foray into financial services and flex their innovation muscles, giving banks and credit unions a strenuous run for their money. Contributor.