Morningstar

Thread Raises $30.5 Million to Continue Building the Future of Embedded Banking

Thread Bancorp, Inc. (“Thread” or the “Company”), the parent company of Thread Bank (the “Bank”), a wholly-owned subsidiary, today announced it has closed a $30.5million funding round, consisting of a ...
Seeking Alpha

Thread Bank Selects Finxact from Fiserv to Power Embedded Banking Strategies, Serving as a Model for Community Banks

Infinant to serve as the modern embedded banking layer to Finxact’s real-time API core As the embedded banking market continues to evolve, Thread sought a modern, real-time core that could offer the ...
Business Wire

Thread Bancorp, Inc. Welcomes Financial Services Veteran Bob Diegel as Chief Operations Officer

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Thread Bank (“Thread”) recently appointed Bob Diegel as Chief Operations Officer. Diegel will play a pivotal role in driving the Bank’s next phase of strategic ...
American Banker

Thread Bank fundraises $30.5 million for embedded strategy

Key insight: Thread Bank attracted $30.5 million in VC funding to scale embedded banking integrations. Expert Quote: Cornerstone's Ron Shevlin: "Thread Bank's funding round is a vote of confidence in ...
Business Wire

Thread Bank Welcomes Seasoned Banking Professional Rickman Davis as Chief Credit Officer

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Thread Bank (“Thread”) today announced the appointment of D. Rickman Davis as its new Chief Credit Officer. With an extensive background in credit risk and proven ...
Finextra

Thread Bank selects Finxat from Fiserv for delivery of embedded banking

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The Finxact core will allow Thread to further execute on its strategy to ...
Finextra

Thread Bank apponits Dan Chang general counsel and chief compliance officer

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Chang will lead regulatory and compliance oversight, overseeing the ...
The Business Journals

Thread Bank CEO: The future of community banking is 'already happening'

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Longtime Nashville banker Chris ...
Business Insider

Wealth Assistants claims in a new lawsuit its accounts were frozen in the weeks before it shut down

Wealth Assistants filed a lawsuit saying Thread Bank froze its accounts without explanation. Wealth Assistants promised to help its clients generate income on Amazon. It abruptly shut down in October, ...
The Business Journals

'The system needs it': Banking chief on what it'd be like to start a bank today

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The CEO of Thread Bank discusses ...
Business Insider

Wealth Assistants claims in a new lawsuit its accounts were frozen in the weeks before it shut down

Wealth Assistants, a company that promised to help its clients find success on Amazon, recently filed a lawsuit against Tennessee-based Thread Bank, saying that the digital bank froze its accounts ...