article thumbnail

Six steps to creating a successful IT strategy: A guide for CIOs

CIO

Governance and metrics Establishing a governance structure ensures clear oversight and accountability for the execution of strategic initiatives. Defining metrics to measure success helps track progress and evaluate the impact of the initiatives. It provides a clear path for achieving business objectives through technology initiatives.

Strategy 200
article thumbnail

Copper Banking adds $9M in funding as digital banks clamor for teen customers

TechCrunch

Copper Banking , a digital banking service aimed at teens, announced today it has raised a total of $13.3 Copper Banking CEO and co-founder Eddie Behringer believes the startup has a few competitive advantages. One of the first things we noticed is that banks have set the bar extremely low for pre-18 banking.”.

Banking 236
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 key metrics that help edtech startups improve profitability

TechCrunch

Direct ways to improve revenue Address sales department effectiveness Analyzing metrics begins with determining each manager’s target results. Approval rate of bank deferrals and students loans 5 key metrics that help edtech startups improve profitability by Ram Iyer originally published on TechCrunch

Metrics 238
article thumbnail

Nigerian digital bank Carbon hit $240M in payments processed last year, up 89% from 2019

TechCrunch

According to the company, factors that influenced these numbers last year included launching an iOS app that drove customer acquisition, introducing its USSD banking feature for lower-income customers; and a social chat feature to enable faster transactions. . Image Credits: Carbon. But that’s not the only event to keep an eye on.

Banking 291
article thumbnail

Challenger bank N26 raises $900 million at $9 billion valuation

TechCrunch

The Berlin-based startup operates a digital bank with 7 million clients across 25 countries. N26 offers bank accounts and debit cards that you can control from a mobile app. Opening a bank account is quite easy as you don’t need to go to a branch and fill out lengthy paperwork. Earlier this year, BaFin also imposed a $4.9

Banking 235
article thumbnail

Synctera raises $15M to help companies launch embedded banking products in Canada

TechCrunch

Synctera , a banking-as-a-service startup, has raised an additional $15 million as it expands into Canada. NAventures, the corporate venture arm of National Bank of Canada, led the financing, which brings Synctera’s total raised to $60 million since its June 2020 inception. Until now, the company has only operated in the U.S.

Banking 211
article thumbnail

Can serverless fix fintech’s scaling problem?

CIO

We selected BIAN (Banking Industry Architecture Network) and used many of the out-of-the-box definitions for APIs and microservices. To accurately measure this metric, we decided to look at the number of hours spent on computing-related issues and the number of incidents overall. Operational efficiency. Scalability. The results?