Newtek Bank, N.A. hires COO of Digital Banking Operations

NewtekOne, Inc. (the “Company”), announced that its bank subsidiary, Newtek Bank, N.A., has hired Ms. Jennifer Merritt as Chief Operating Officer of digital banking operations, effective November 27, 2023. Ms. Merritt comes to Newtek Bank with over a decade of banking experience with specific focuses on digital banking and banking-product development. Most recently, Jennifer was Senior Vice President, Strategic Operations Lead at Live Oak Bank, where she co-created a strategic operations team, focused on improving operational...

iPeakoin raised nearly $10 million Series A from Zhenfund

iPeakoin, an innovative neobank building solutions across traditional finance and crypto, recently closed its Series A, “close to ten million dollars led by ZhenFund”, according to the founder. Founded in 2020, with dual headquarters in Singapore and Hong Kong, iPeakoin has distinguished itself in the fintech landscape by bridging traditional finance and the crypto industry. The founding team, alumni of prestigious institutions like Stanford and the University of Michigan, brings extensive expertise in fintech, technology,...

Alba Bank adopts nCino Cloud Banking Platform for SME lending

Wakefield, one of the largest healthcare revenue cycle solutions companies in the nation, announced the appointment of Chuck Koch as the organization’s new Chief Information Officer to provide executive IT leadership and oversight of the company’s growing technology development efforts. As Chief Information Officer, Chuck will be focused on expanding an enterprise-wide technology strategy, including automation, data innovation, cybersecurity, and compliance while also focusing on establishing scalable enterprise infrastructure, cloud architecture, supplier partnerships, and IT governance....

J.P. Morgan Private Bank announces new Fund Banking Group

J.P. Morgan Private Bank announced the launch of its Fund Banking Group, a division of the U.S. Private Bank’s business focused on the banking, lending and investing needs of private equity and venture capital funds and their principals. This new division combines the experience of First Republic’s historical fund business with the Private Bank’s extensive history serving some of the country’s largest funds and their C-suites. “The Private Bank has been serving the private and...

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