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Rinse Clothing Service Raises $14M To Expand To Boston, Chicago And Beyond

PYMNTS

The $14 million of funding Rinse recently secured will not be going into the company’s tech as much as into building out its team as it looks to launch in new markets. Houston, Dallas, Austin, Seattle, Miami, San Diego, Denver and New York are up next. None of those are tied to a mobile app.

Boston 110
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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. The legacy players held their market share by providing digital services deemed “good enough” to retain customers loath to switch banks. And from the very beginning, there have been pure-play digital banking startups.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

He sensed the family’s passion and liked their idea of starting with selling milk at farmers’ markets, roadside shops and small grocery stores. In each new market opened in 2021, the community bank found an experienced ag lender who was seeking a new position. Security Bank Midwest. Security Bank. Bunnell listened.