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Fintech SE news is featured from Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee.
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Tupelo MS: BancorpSouth to Buy Cadence Bank in $2.8B All-stock Deal
Tupelo MS: BancorpSouth to Buy Cadence Bank in $2.8B All-stock Deal
April 14, 2021
Source: Banking Dive

 Tupelo MS: The combination will create a $44 billion-asset financial institution that will operate under the Cadence name, and the deal is expected to close in the fourth quarter.
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Jacksonville FL: VyStar Becomes 13th Largest U.S. Credit Union with Purchase
Jacksonville FL: VyStar Becomes 13th Largest U.S. Credit Union with Purchase
April 13, 2021
Source: Jax Daily Record

 Jacksonville FL: VyStar Credit Union is buying Jonesboro, GA-based Heritage Southeast Bank to now reach 850,000 members, 88 branches and $12.5 billion in assets.
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Charlotte NC: Fintech Startup Uses AI to Drive Up Homeownership Rate
Charlotte NC: Fintech Startup Uses AI to Drive Up Homeownership Rate
April 12, 2021
Source: Charlotte Inno

 Charlotte NC: Home Lending Pal is a mortgage platform that uses AI to help prospective homebuyers determine loan affordability and the likelihood of approvals with multiple lenders.
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Jacksonville FL: Financial Tech Training Push in First Coast Gets $3.7M State Grant
Jacksonville FL: Financial Tech Training Push in First Coast Gets $3.7M State Grant
April 09, 2021
Source: The Florida Times Union

 Jacksonville FL: With Jacksonville’s financial service industry expanding, Gov. Ron DeSantis said the state is allotting $3.7 million to start a financial technology education initiative.
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Birmingham AL: NXTsoft and Data Center Inc. Partner
Birmingham AL: NXTsoft and Data Center Inc. Partner
April 08, 2021
Source: Street Insider

 Birmingham AL: NXTsoft announced an API integration partnership with Data Center, developer of iCore360 and iCoreGO digital banking technologies for community financial institutions
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Durham NC: New Fund Targeting Black-led Startups Closes $3.45M Fund
Durham NC: New Fund Targeting Black-led Startups Closes $3.45M Fund
April 07, 2021}
Source: Hypepotamus

 Durham NC: Resilient Ventures specifically targets African American-led startups and currently pledges around $680K to its eight portfolio companies..
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Miami FL: Pipe, In the News Again, at $2 Billion Valuation
Miami FL: Pipe, In the News Again, at $2 Billion Valuation
April 06, 2021
Source: Techcrunch

 Miami FL: Fast-growing fintech Pipe has raised another round of funding at a $2 billion valuation, just weeks after raising $50 million in growth funding and the round is still going.
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Charlotte NC: Bank of America Acquires Axia Technologies
Charlotte NC: Bank of America Acquires Axia Technologies
April 05, 2021
Source: ATM Marketplace

 Charlotte NC: Bank of America has acquired Axia Technologies Inc., a health-care payment and technology company that facilitates secure payments for health-care clients.
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Atlanta GA: Walgreens Announces Financial Services Expansion with InComm Payments
Atlanta GA: Walgreens Announces Financial Services Expansion with InComm Payments
April 02, 2021
Source: Yahoo Finance
Atlanta GA: Walgreens announced an agreement with InComm Payments, a leading global payments technology company, to launch a new bank account offering for customers.
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Miami FL: Challenger Bank Novo Opens Miami Office
Miami FL: Challenger Bank Novo Opens Miami Office
April 01, 2021
Source: Finextra
Miami FL: Novo plans to more than double its Miami presence during 2021 and continue to expand its team at its NY headquarters as well as at its global offices in India.  
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Atlanta GA: Greenwood Challenger Bank for Minorities Raises $40 Million
Atlanta GA: Greenwood Challenger Bank for Minorities Raises $40 Million
March 31, 2021
Source: Banking Dive

Atlanta GA: Led by Truist Ventures, the digital bank’s funding round includes investments from JPMorgan Chase, BofA, Wells Fargo, PNC, Mastercard, Visa and others.
   
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Atmore AL: United Bancorporation of Alabama to Take Over Town-Country National Bank
Atmore AL: United Bancorporation of Alabama to Take Over Town-Country National Bank
March 30, 2021

Atmore AL:  United Bancorporation of Alabama (UBAB) is expanding in its home market through the purchase of Town-Country National Bank (TCNB) for $28.5 million.
Source: Retail Banker International
    
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Tupelo MS: BancorpSouth to Buy Cadence Bank in $2.8B All-stock Deal

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