Karen Mills believes small business customers are not being served well by lenders and so she has decided to join Eastern Bank online lending spinoff Numerated Growth Technologies as an adviser and investor; “We’re excited to have Karen on board as an adviser because we look to surround ourselves with people who understand how banking and lending are done,” Numerated CEO DanO’Malley said to American Banker; Mills believes fintech firms have helped to provide access to capital in a more efficient way and banks are now taking some of those lessons in house or through partnerships; community banks serve a key purpose and adding technology will only help them to better serve customers they might not otherwise be able to. Source.
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.