PYMNTS

OCTOBER 4, 2016

Prosper, the P2P lending marketplace, is reportedly closing down the secondary market for its loans later this month. The company doesn’t operate the secondary market itself but outsources to FOLIOfn, which is operated and maintained by FOLIOfn Investments, which is a registered broker dealer.

Marketing 170

Marketing Lending Operations Financial Technology 170

Bank Innovation

APRIL 11, 2016

The results of the survey, titled 2016 Survey of U.S. Marketplace Lending, show that half of investors surveyed have capital allocated for marketplace lending. Investors see a sunny future for marketplace lending, according to a survey released today by Richards Kibbe & Orbe LLP (RKO) and Wharton Fintech. The Read More.

Survey 150

Survey Lending Capital Fintech 150

PYMNTS

MAY 1, 2017

After a full year in service, Goldman Sachs Bank USA is celebrating its first full year in retail and its online deposit platform’s success. Since its inception a year ago, the online deposit platform, which Goldman Sachs purchased from GE Capital Bank, has garnered $4 billion deposits without a major marketing push.

Online 100

Online Retail Tools Strategy 100

PYMNTS

SEPTEMBER 21, 2020

21), I’m excited to introduce Free Assembly , a modern fashion brand that offers elevated style essentials at an incredible value,” said Denise Incandela , senior VP of the women’s group, elevated and online brands. “At The retailer is following in the footsteps of Amazon , which first took aim at the fashion industry in 2016.

Branding 263

Branding Los Angeles Retail Online 263

PYMNTS

AUGUST 9, 2018

Small business software firm Womply is rolling out its cybersecurity solution designed to safeguard companies’ online presence, the company announced on Wednesday (Aug. “Increasingly, the most damaging threats to revenue for small businesses are found online,” said Womply President Cory Capoccia in a statement.

Tools 100

Tools Online Software Security 100

PYMNTS

DECEMBER 5, 2017

an online lender, is reportedly in late-stage talks to land a new round of financing that would propel it to unicorn startup status. billion – which would be around double its valuation in April of 2016, when it had its latest round of fundraising. News of the funding comes as Affirm is looking to branch into new markets.

Capital 101

Capital Lending Conference Online 101

Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

Innovation 150

Innovation Seattle Fintech Company 150

CB Insights

MARCH 11, 2019

On March 7th, Airbnb acquired HotelTonight , a last-minute hotel booking startup backed by Accel, Battery Ventures, Coatue Management, and First Round Capital, among others. HotelTonight’s CEO has said that the startup has been profitable since 2016. HotelTonight is Airbnb’s largest acquisition to date.

Online 49

Online Marketing Strategy Capital 49

PYMNTS

AUGUST 14, 2017

Sky.Garden isn’t looking to replace those methods, said Isaac Hunja, the company’s marketing director. What the Sky.Garden platform does differently is allow sellers to manage online inventory just as they would in a brick-and-mortar setting. Sky.Garden attempts to answer all of these issues. The Sky.Garden Story.

Online 131

Online social media Mobile Software 131

PYMNTS

SEPTEMBER 4, 2017

During 2016, recommerce provider Xianyu had 23 million monthly active users, and by December 2016, the company’s mobile app was ranked 118th in China’s app rankings, based on data from QuestMobile. Despite the fact that these two players carry 90 percent of the market, that may not last forever. com launched in 2015.

Marketing 100

Marketing social media Retail Mobile 100

PYMNTS

NOVEMBER 6, 2020

based digital bank looks to fuel additional expansion in its home market while eyeing an initial public offering (IPO) down the line. Bank of England granted Starling a banking license in 2016. Starling Bank is pushing ahead with plans to raise another $263 million as the U.K.-based

Digital Banking 115

Digital Banking Capital Policies Management 115

PYMNTS

FEBRUARY 16, 2018

Amid the talk of filling in the small business (SMB) financing gap banks have left since the financial crisis, the rush of FinTechs, alternative and marketplace lenders coming to market may have left another business segment behind: the middle market, particularly the lower middle market. We’re not looking to replace banks.

Lending 101

Lending Marketing Analytics Capital 101

Bank Innovation

JUNE 23, 2016

Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world. Launched in 2014, Ant Financial Read More.

Innovation 284

Innovation Company social media Operations 284

PYMNTS

SEPTEMBER 21, 2020

Walmart is positioning its new line, called Free Assembly, as “a modern fashion brand with elevated style,” featuring casual looks with layered approaches that will make it marketable during any season. Denise Incandela , who was once SVP Women’s Group, has now added “elevated and online brands” to her title. The Monday (Sept.

Branding 226

Branding Retail Online Strategy 226

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

JANUARY 14, 2020

Canadian eCommerce platform Shopify is helping people start online businesses with an initial starter loan of $200, Forbes reported on Tuesday (Jan. Loans will be offered through Shopify Capital , giving new merchants $200 when they join Shopify and link a bank account. . In May , Shopify acquired B2B eCommerce portal Handshake.

Capital 188

Capital Online Payments Management 188

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Online Checkout Conversion. Get all of the details here.

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

JULY 29, 2019

Reports in The Hindu Business Line on Friday (July 26) said the companies are collaborating on a solution for B2B vendors selling on proprietary websites, rather than large online marketplaces, to integrate a payment gateway and receive funds when selling to corporate customers outside of India.

New York 109

New York Capital Regional Online 109

PYMNTS

NOVEMBER 10, 2020

The amount of use cases has really expanded, as customers want to be able to answer simple questions when shopping online that aid in the consideration process. It started when Founder Stephen Lease was training for a marathon in 2016. It capitalized on that growth to add new sports, including golf, strength training and biking.

Retail 261

Retail Technology Training Online 261

PYMNTS

AUGUST 18, 2017

John Crompton, HSBC ’s former global head of corporate finance, has been named chairman of the advisory board at FinTech Issufy , which sells an electronic data management tool so banks can collect investor feedback online, as well as handle tasks such as the allocation of shares.

Capital 100

Capital New York Fintech Marketing 100

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

FEBRUARY 22, 2017

housing market. Our focus on providing localized and innovative product selection, improving the interconnected customer experience, and driving productivity resulted in record sales and net earnings for 2016,” said Craig Menear, chairman, CEO and president. housing market should continue to support growth in our business.”.

Online 122

Online Retail Customer Experience Report 122

PYMNTS

FEBRUARY 19, 2019

As concerns are raised about how industry consolidation might impact competition, Federal Reserve Chairman Jerome Powell is warning that it could hinder small businesses’ access to capital and financial services. months in the first half of 2018, from 5.6 months in the first half of 2017. months in the first half of 2018, from 5.6

Marketing 108

Marketing Community Community Bank Industry 108

Chris Skinner

JULY 21, 2017

These companies include firms like Stripe, a six-year-old start-up that is the preferred code for building online checkout services. Really easy to work with, the company is the chosen system for many other innovative companies including Kickstarter and Apple Pay, and valued at almost $10 billion by the end of 2016.

Fintech 361

Fintech System Apple Technology 361

PYMNTS

OCTOBER 5, 2020

"With an uptick in pet fostering and adoptions in 2020 and families spending more time than ever at home with their pets, providing streamlined pet care services at an affordable price point is something we believe pet parents are looking for, and Petco is perfectly positioned to deliver," said Tariq Hassan , Petco’s chief marketing officer.

California 248

California Meeting Marketing Retail 248

PYMNTS

JANUARY 24, 2020

WEX is purchasing the Australian eNett from Travelport and its owners, partnered with Siris Capital Group and Elliot Management Corporation’s private equity affiliate, Evergreen Coast Capital Corp. Since 2016, eNett and Optal have combined growth of 36 percent. Both startups will be fully combined under WEX.

Payments 132

Payments Leadership Capital Management 132

PYMNTS

MARCH 11, 2020

The move comes as Pepsi and Coca-Cola have both been moving into the energy drinks market, CNBC reported. Energy drinks comprise 92 percent of the total energy market. Separately, Pepsi spent $705 million to acquire Be & Cheery , a Chinese company that sells online snacks, per reports in February.

America 130

America Study Marketing Capital 130

PYMNTS

JANUARY 9, 2020

China’s peer-to-peer (P2P) lending market is headed for more turbulence in 2020 as more of its popular platforms face potentially being shut down as the government tightens regulatory reins. Stronger regulatory rules compelled P2P services to plunge to 343 last year compared to 2,680 in 2016. billion yuan (US$70.4

Lending 131

Lending Regulation Capital Industry 131

PYMNTS

MARCH 13, 2019

Naspers, Africa’s largest company based on market value, is gearing up to spend $1 billion in India in the form of investments focused on the financial technology market. At the time Naspers said proceeds would go toward growth opportunities in global classified, online food delivery and FinTech. percent from 33.2

Fintech 123

Fintech Capital Online Financial Technology 123

Bank Innovation

AUGUST 15, 2018

In markets like Australia, this is already happening. National Australia Bank set up its own alternative lending arm called QuickBiz Loans back in 2016. Over the […].

Lending 282

Lending National Marketing social media 282

South State Correspondent

JUNE 5, 2023

With the Federal Reserve expected to pause at its next meeting on June 14 th (the probability of a pause is now 68% in the futures market), what will happen with NIM and COF for community banks? Online banks are major industry competitors that comprise about 11% of all deposits. There are a few key takeaways.

Community Bank 195

Community Bank Community Industry Strategy 195

PYMNTS

MARCH 22, 2019

If data makes the world go ’round, so, too, does it garner investor interest, as evidenced by venture capital and other investors’ funds coming into the coffers of corporates that scrape the web for information. USD in series A funding from a consortium of investors, including Green Visor Capital. An Acquisition in Africa.

Data 178

Data Fintech Capital Lending 178

PYMNTS

JULY 16, 2019

Joining a small portion of internet upstarts trading on mainland China’s public markets, SMZDM ’s shares skyrocketed almost 44 percent on its first Shenzhen trading day. SMZDM, which stands for “what’s worth buying” in Chinese, is an online shopping guide that many people outside of China are not aware of, according to reports.

United States 100

United States Retail Capital Maine 100

PYMNTS

JANUARY 1, 2019

A robust supply of private capital reportedly is one of the main reasons for that, along with corporate cultures that are averse to public markets. But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs.

Payments 223

Payments social media Analytics Capital 223

Bank Innovation

MAY 9, 2016

We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the cool factor. How easy is the app to use? Does it makes us feel good (even Read More.

America 150

America Mobile US social media 150

PYMNTS

MARCH 2, 2020

The two main eCommerce players are Copia (which has faster delivery) and Jumia (which has more market share. Other online marketplaces include Sky.Garden, Kilimall, MallforAfrica, My Big Order, Masoko, Ubuy, Shopit, Cheki, MamaMikes and Electro Hub. The commission I earn as a Copia agent has been my working capital,” said Kihara, 48.

Maine 157

Maine New York Capital Resources 157

Bank Innovation

FEBRUARY 23, 2016

When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does. We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More.

Branding 150

Branding Innovation Fintech social media 150