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Farther, a wealth tech firm, banks $15M Series A as valuation hits $50M

TechCrunch

Building wealth is a long process and can be complex, but Farther is bringing both technology and advisors to the table to make these kinds of services more accessible. Meanwhile, Genser, CTO, is a military veteran who previously worked at Goldman Sachs leading an artificial intelligence team in private wealth.

CTO Coach 236
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Daily Crunch: India’s Central Bank says cryptocurrency ‘may even be worse’ than Ponzi schemes

TechCrunch

India continues to debate the fate of cryptocurrencies : A nation’s regulatory and banking bodies debating blockchain technology and its related tokens is a daily occurrence. But when an official from India’s central bank compares cryptocurrencies to Ponzi schemes, we take note. Our startup’s first hire was a fractional Head of Remote.

Banking 213
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Daylight raises millions to build a digital banking platform ‘designed for and by’ the LGBTQ+ community

TechCrunch

Over the past year, there has been a surge of newly formed digital banks aimed at specific demographics. The banks in nearly all cases are trying to meet the needs of certain populations that they believe are feeling left out or underserved by traditional financial institutions. Maybe neobanks will break even after all.

Banking 271
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Alloy, Synctera and Unit discuss the future of embedded finance at TC Disrupt

TechCrunch

Banking-as-a-service (BaaS), embedded finance and open banking are among the hottest topics in fintech today. Make opening a bank account, storing money, receiving a payment card and lending money as easy as opening a social network account. The promise? A proud Barnard College alumna, she lives in Berkeley, California.

Fintech 210
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Brick closes $8.5M seed to enable open finance across Southeast Asia

TechCrunch

Brick wants to simplify the process with a suite of APIs that connects financial apps to “hyper-local” sources of data, including banks, mobile wallets and telecoms. Tan was an early employee at Aspire, the neobank, while Malhotra was co-founder and CTO of Indian neobank Slice.

CTO Coach 206
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Employee engagement: 10 best practices for improving your culture

CIO

Instead of focusing on administrative tasks, spend time coaching, goal setting, and leading, he says. “I I do AMAs [ask me anything conversations] every six weeks,” says Pedro Canahuati, CTO at 1Password. “I LaMere says this is why it’s important to coach people to become advocates for their own growth. This is scary.

Culture 314
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How CIOs can be pillars of stability in an uncertain world

CIO

Several economists, a bank president, and a couple of reporters walk into a bar. The bank president wails, “ Economic hurricane.” Mike McSally, a human capital advisor with 20-plus years of experience in executive recruiting, does not believe recruiting has to be a problem. Stop me if you’ve heard this one before.

CTO Coach 259