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Fintech Roundup: Founders reinventing, startups buying and pre-seed a’growing



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Welcome to my weekly fintech-focused column. I’ll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm, Natasha Mascarenhas and me riff on all things startups! And if you want to have this hit your inbox directly once it officially turns into a newsletter on May 1, sign up here.
Last week, TechCrunch’s Kyle Wiggers gave us a glimpse into Plaid co-founder’s William Hockey’s latest venture: the platform for what he believes is the first bank of its kind: a “financial infrastructure” bank. To rephrase, Hockey has founded a bank called Column.
“[Column is] a nationally chartered bank but have built every facet of the technology from scratch,” Hockey told TechCrunch in an email interview. “We are both the bank and the technology provider.”
When Hockey decided to move on from Plaid, he said in a June 2019 tweet that the move was in part to make room for more “great leaders.” And maybe Hockey was also itching to start something new because for some people, one success only fuels the desire to create another.

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