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Capital One acquired Level Money, a startup with a budgeting app for consumers, on Monday. Level Money has approximately 700,000 users and claims to have helped users manage a total of $12 billion during its brief existence.
January 12 -
Capital One has acquired Adaptive Path, a well-respected web design firm, underscoring the bank's tech ambitions and the increasing importance of digital user experience in financial services.
October 6 -
Capital One has snatched a designer from Google's touted advanced technology and projects team to help boost the bank's mobile commerce and payments technology development.
July 3 -
Market data cloud solutions provider Xignite has selected a group of entrepreneurs who made best use of an Xignite market data API at the Capital One People & Money Hackathon earlier in March, placing them among the many programmers and developers honored for their work at the event.
March 31 -
The dress was casual. The presentations were edgy. But representatives of Capital One's innovation lab made it clear to the South by Southwest crowd that it's not exactly like the startups it wants to hire away from.
March 16
Capital One Financial has purchased another digital design studio as it works to deepen its reach in Silicon Valley.
Capital One this week acquired Monsoon in Oakland, Calif., for an undisclosed amount, according to the company. The deal was first
Capital One declined to comment and Monsoon could not be reached for comment.
Capital One has made a number of recent moves to boost its expertise in design and payments technology, including the acquisitions of money management app-developer
About half of Monsoons employees, including chief executive and founder Sandeep Sood, will join the bank, and the rest will remain with a rebranded agency called Kunai, according to the firm. Monsoon's client list included Hewlett-Packard, Microsoft, the NBA and the Academy Awards.
Capital Ones relationship with Monsoon goes back six months, when the design company began working on the banks mobile apps and web development. The products of that relationship have already come to market, including a new iPhone app.
