Money’s In. CEO’s Out. What’s Cooking in Fintech? 🍲💼

What we’ll cover today:

• myPOS makes a bold UK land grab with UTP

• Patriot National Bancorp raises $50M, loses CEO 👀

• Fintech insiders share hot takes on leadership exits

• Upcoming fintech events you can’t miss this month

myPOS acquires UTP in a payments power move 💳

 myPOS, a Europe-based payments company, has just bought UTP, a UK-based card payments provider, to expand its UK presence.

🚨Breaking News:
myPOS just snapped up UTP, aiming to grow bigger in the UK and boost its card payment services for merchants.

⚡Wire Simplified –

• myPOS helps small businesses accept payments across Europe.
  

• UTP provides card payment machines and services for UK merchants.
  

• This deal helps myPOS get stronger in the UK market.
  

• UTP will still operate under its own brand.
  

• myPOS has over 200,000 clients already, and this expands their reach even more.
  

✔️Straight to the Point –
This deal is like myPOS saying, “Hey UK, we’re here to play!” Smart move to scale payments across borders.

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Patriot National Bancorp gets $50M injection, CEO exits 🚪💸

Patriot National Bancorp, the parent of Patriot Bank, has raised $50 million—but also said goodbye to its CEO, David Lowery.

🚨Breaking News:
Patriot Bank got a $50 million funding boost, but at the same time, CEO David Lowery stepped down—surprise twist!

⚡Wire Simplified –

• The bank raised $50M from two institutional investors.
  

• CEO David Lowery has officially stepped down with no immediate replacement.
  

• The money will be used for growth and strengthening operations.
  

• This could signal major shifts for the bank.
  

• The Board is now steering the ship during the transition.
  

✔️Straight to the Point –
While the money’s flowing in, the leadership is flowing out. Could be a refresh—or a red flag. Stay tuned.

1. Money20/20 Asia 2025
   Money20/20 is the world's leading, premium content, sales, and networking platform for the global money ecosystem. The event focuses on payments, FinTech, and financial services innovation for connected commerce.
    Date: April 22–24, 2025  Location: Bangkok, Thailand

Book your seat here

2. U.S. Fintech Symposium 2025
   The U.S. Fintech Symposium is a conference reshaping the FinTech landscape by hosting conversations about partnerships and growth strategies. The event prioritizes meaningful discussions over typical presentations, offering numerous networking events, peer-to-peer discussions, and innovative panel discussions.
    Date: June 2–4, 2025  Location: Oak Brook, IL, USA

Book your seat here

1. FinovateFall 2025
   FinovateFall is a leading FinTech conference that showcases cutting-edge banking and financial technology through short-form demos and expert insights. The event also includes the Finovate Awards, recognizing companies driving FinTech innovation forward.
    Date: September 8–10, 2025 Location: New York, NY, USA

  Book your seat here