PYMNTS
NOVEMBER 22, 2019
Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. Venture Capital Funding. raised $10 million from SEB Bank and Seed Capital for its commercial card technology. Bancorp in 2001 in a $2.1
Fintech Labs Insights
APRIL 12, 2024
Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players.
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PYMNTS
FEBRUARY 25, 2019
Those who called the company’s “call center” — which was essentially a storage closet with two desks and two phones at the time, Streit noted — were adults with jobs who either didn’t want to have a bank account or had issues that prevented them from getting one. What’s Next.
Fintech Labs Insights
MAY 12, 2021
Unfortunately, we didn’t track when the first business loan application went online, but it was likely a few years later, let’s call it 2000/2001. But as you can see from the chart below, the digital SMB lenders started in earnest during and right after the 2007/2008 financial crash. CAN Capital. Lighter Capital.
Fintech Labs Insights
APRIL 16, 2020
Dot-com crash (2000-2001). And it took the rest of the decade for the capital to gravitate to all the good ideas. No one born after 2005 will ever picture a physical branch when they think of a “bank”. Digital Banks for Small Businesses. year run from high to low; for comparison the S&P dropped 48%).
Fintech Labs Insights
FEBRUARY 2, 2021
Personal Capital. Online Digital Banks for Small Businesses. Fintech Startup Debuts: Brave Credit & AWSM Bank Pitch @ 500Startups Demo Day (4 Feb 2021). 2-feb-2021. United States. United States. May 2020 round. United Kingdom. Dec 2020 round. Jan 2021 round. United States. 31-Dec-2020. United States. July 2020 round.
Fintech Labs Insights
MAY 12, 2021
Unfortunately, we didn’t track when the first business loan application went online, but it was likely a few years later, let’s call it 2000/2001. But as you can see from the chart below, the digital SMB lenders started in earnest during and right after the 2007/2008 financial crash. CAN Capital. Lighter Capital.
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