Enova’s $369 million acquisition of Grasshopper, announced Dec. 11, is expected to boost the digital bank’s innovation efforts. “Enova’s technology and data and analytic capabilities, especially around lending, will accelerate Grasshopper’s product innovations…
Read more Enova’s tech, data to speed Grasshopper innovations, CEO saysPublicly traded fintech Enova International (NYSE: ENVA) said today it has agreed to acquire Grasshopper Bancorp and subsidiary Grasshopper Bank in a cash-and-stock deal valued at about $369…
Read more Fintech Enova International to acquire digital-first Grasshopper Bank for $369MGrasshopper Bank’s commercial lending clients want streamlined decisioning, so the bank is looking to AI to speed up the lending process for its underwriters and clients. Commercial clients…
Read more Grasshopper streamlines credit memo writing with AIGrasshopper Bank is listening to client demand as it launches an AI-driven personalized financial management solution for its business clients. The digital bank and tech provider Narmi launched…
Read more Grasshopper clients ask for AI-driven insightsGrasshopper Bank announced Aug. 5 it completed a $46.6 million funding round that has sparked growth momentum and new goals. The funding round supports the digital bank’s April…
Read more How digital Grasshopper Bank is scaling this yearTechnology provider nCino Oct. 30 announced plans to acquire SaaS platform FullCircl for $135 million cash. The acquisition will create an entity that enables financial institution customers…
Read more M&A: nCino to acquire FullCircl for $135MPayments platform PayNearMe announced Oct. 3 that it will integrate PayPal’s full-stack processing capabilities into its platform. “Reliability is of utmost importance to PayNearMe, and PayPal’s full platform…
Read more Transactions: PayNearMe, PayPal expand integrationTD Bank announced a flurry of executive changes, including the retirement of its chief executive and the CEO of TD Securities. Riaz Ahmed, group head of wholesale banking…
Read more Movers and Shakers: Exec changes at TDGrasshopper Bank has reduced manual reviews in its onboarding process by 57% through fintech Alloy’s risk-management solution. The bank implemented Alloy’s Identity Risk Solution in March 2022. At…
Read more Grasshopper reduces manual reviews with Alloy risk solutionATLANTA — Instant payments rail FedNow is nearing the addition of its 1,000th financial institution, and the Federal Reserve credits the growing adoption to its network of fintechs…
Read more FedNow nears onboarding of 1,000 financial institutions | Bank Automation NewsSmall businesses demand efficient access to capital and Grasshopper Bank is meeting the needs of its small business clients through its latest digital lending solutions. The New York-based…
Read more Grasshopper begins rollout of SBA lending strategy | Bank Automation NewsFintech Finastra has appointed Mike Stawchansky senior vice president, chief technology innovation officer, according to a release from the on March 6. Stawchansky was senior vice president of…
Read more Finastra appoints innovation lead | Bank Automation NewsDigital Grasshopper Bank will roll out an improved check-clearing process this year to streamline the time between depositing a check and gaining access to the funds. Check deposits…
Read more Grasshopper CEO previews faster check clearance | Bank Automation NewsGrasshopper Bank is investing in its digital offerings to meet its clients where they want to be met — whether through self-service channels or other avenues. The digital…
Read more Podcast: Grasshopper CEO Butler talks growth | Bank Automation NewsU.S. Bank is using technology company Pagaya to leverage its AI-driven underwriting for personal loans to consumers. Â Pagayaâs AI-powered credit decisioning platform will conduct a secondary review…
Read more U.S. Bank taps Pagaya for AI underwriting | Bank Automation NewsLuther Liang, director of product at Grasshopper Bank, will speak at Bank Automation Summit U.S. 2024 about new approaches to robotic process automation. Bank Automation Summit U.S. 2024…
Read more Grasshopper Bank tech leader to speak at Bank Automation Summit U.S. 2024 | Bank Automation NewsGrasshopper Bank is working with account origination solution provider Mantl to make credit more easily available to the bank’s small business clients. The New York-based digital bank’s clients…
Read more Grasshopper, Mantl to launch small business product | Bank Automation NewsGrasshopper Bank is looking to AI for internal and external uses as the technology is expected to streamline manual employee tasks and improve the overall client experience. The…
Read more Grasshopper Bank looks to AI | Bank Automation NewsGrasshopper Bank is looking to expand its support of the innovation economy with the launch of a new operating account intended for venture-backed startups. Accelerator Checking, launched…
Read more Grasshopper adds to startup offerings | Bank Automation NewsGrasshopper Bank integrated digital business solutions provider Numerated into the bank’s platform to automate document processing and streamline underwriting in a deal announced last week. The $700 million…
Read more Grasshopper Bank automates document processing | Bank Automation News
