article thumbnail

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

TechCrunch

CEO Michael Sanchez told TechCrunch that the proceeds will be put toward general growth and supporting Savana’s go-to-market and product development projects. Beyond this, Savana offers a low-code UI framework to build internal and customer-facing apps that interface with the aforementioned APIs.

capital 89
article thumbnail

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

TechCrunch

By using data to personalize services, rather than bolster revenue behind the scenes, banks can distinguish a deeper understanding of consumer needs and gain trust. This is especially true for local community banks and credit unions, as their high-touch approach to services has always been their core differentiator.