Remove 2011 Remove Lending Remove social media Remove Taxes
article thumbnail

Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Gentle Monster Background Founded in 2011 by Kim, Gentle Monster initially struggled to break through against large brands like Luxottica which controls an estimated 30% of the US market, and is behind almost every single designer eyeglass brand you can think of, including Ray-Ban, Oakley, Armani, Ralph Lauren, Chanel, Prada and many more.

article thumbnail

Zopa Partners with Equifax, Boosting its Risk Profiling Capabilities

Fintech Labs Insights

” For all the innovative methods for risk profiling – from Big Data to Social Media – the information available from credit reference agencies like Equifax remains as critical for online lenders as it is for offline lenders. A few metrics from Zopa: Over £1 billion lent to U.K. More than 50,000 active lenders.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sizzle Or Fizzle: Bitcoin Busts, Payments Get Faster And The Eyes Have It

PYMNTS

Visa also announced that it had extended the real-time, ubiquitous capability to other disbursement types as well including insurance claims, contractor payments, tax refunds and even merchant account real-time funds settlement. Today, the country’s coffers have about ~$12B in reserves, down from $30B since 2011.

Bitcoin 100
article thumbnail

Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Date: October 2011. With Apotheker fired in 2011 for a slew of missteps that had contributed to the company’s massive losses, nothing ever came of the acquisition. Date: August 15, 2011. And in the short-term, that would have looked like a good deal, as the social media site hit its peak in 2007 at a value of about $12B.

Google 76
article thumbnail

GonzoBanker Awards 2017

Gonzobanker

The Real “Lending” Stock Award – Goes to longtime player LendingTree. Oh, by the way, that Fintech darling of two years ago Lending Club? The Lending Mo’ Repeat Award – Goes to both nCino in commercial and Encompass in mortgage for maintaining strong market momentum in 2017. Executioner’s Tax (Swing of the Ax) – Power Trip.

article thumbnail

From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

Zynga made social gaming history with a $7B IPO and generated huge returns for early investors like USV by building on top of existing social networks. Lending Club made changes to its business model that created new opportunities for growth. Lending Club. King Digital Entertainment. Delivery Hero. Stemcentrx.

Lending 78