Author: External Source.

With smaller budgets and a shortage of tech talent, community banks often struggle to adopt new technology and launch innovative products. A new partnership between banks, a venture capital firm and an asset manager provides insights into tech trends and facilitates collaboration between smaller banks and fintechs. By Craig Guillot Because of legacy core systems, manual loan processes and poor digital account opening applications, many community financial institutions lag in offering a modern banking experience.

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The Closing Exchange announced today it has integrated its signing services with Black Knight’s suite of closing solutions, including Expedite Close and DocVerify, to enable trained and vetted notaries the ability to execute signings via Remote Online Notarizations (RON).

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Savings and investing app Acorns has raised $300 million in a Series F funding round that values the company at nearly $2 billion. The announcement of the raise comes about six weeks after the consumer fintech startup said it was shelving its plans for its $2.2 billion SPAC with Pioneer Merger Corp. in favor of an eventual traditional IPO. New York-based Acorns had last raised more than three years ago — a $105 million Series E round in January

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Insellerate, a leading provider of customer relationship management (CRM) and marketing automation solutions to the mortgage lender and real estate industries, today announced a strategic investment led by Argentum with participation from First Analysis and joins existing investor Strandview Capital.

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The goal is to raise roughly 35% of the $100 million in commitments sought by year end and the rest by the conclusion of the first quarter of 2022. 

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