PYMNTS

APRIL 16, 2020

three California technology companies, all wanted a piece of the federal government’s $350 billion loan program, which was designed to keep businesses in the black during the COVID-19 pandemic. . It didn’t help that the SBA’s online loan platform couldn’t handle the lending software the companies used. PayPal Holdings Inc.,

Fintech 160

Fintech Lending Software Training 160

PYMNTS

SEPTEMBER 17, 2020

Five years after LoanDepot ditched plans to go public, the California-based lender, now worth as much as $15 billion, is giving the idea a second look. We continue to evaluate capital options and are excited about our industry position,” CEO Anthony Hsieh told Bloomberg. Securities and Exchange Commission (SEC).

San Francisco 160

San Francisco New York Lending California 160

PYMNTS

SEPTEMBER 25, 2020

The grants are part of the San Jose, California-based worldwide online payments system’s $530 million pledge made earlier this year to strengthen minority communities and fight for economic equality and racial justice. “To PayPal Holdings Inc. provided $5 million in grants to support Black-owned businesses in the U.S.

San Jose 261

San Jose Baltimore Nebraska Community 261

PYMNTS

OCTOBER 4, 2019

An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. based Steadview Capital, adding to the previous Series A round announced in April.

Capital 128

Capital Lending California Regional 128

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company said it plans to use the investment to further build out its lending operations.

Capital 174

Capital Lending Cards cryptocurrency 174

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. Gardineer raised concerns about the application of bespoke capital, liquidity, and risk management requirements for SPNB charter applicants. Questions directed at Ms. Finally, Adam Maarec, Of Counsel in Ballard’s D.C.

Policies 60

Policies Lending Data Online 60

PYMNTS

MARCH 31, 2020

COVID-19 is spurring firms that rely on consumer spending, and on lending to finance big-ticket purchases, to invent new ways to keep business flowing – with a nod to the fact that the uncertain economic impact of the virus may hurt consumers’ near-term ability to pay for those items. Necessity, as they say, is the mother of invention.

Houston 141

Houston Lending New York Examples 141

PYMNTS

NOVEMBER 29, 2019

Vouch Insurance , which offers insurance to high-growth technology firms through an online platform, said last week that it has raised $45 million in a funding round, and has expanded its service into California. The total raised to date comes in at $70 million.

Policies 191

Policies California United States Management 191

PYMNTS

JULY 20, 2018

million with B2B startups this past week, and while investment targets were diverse (including B2B eCommerce and small business lending), the bulk of the funding landed at companies focused on enhancing businesses’ ability to assess their performance. Investors placed more than $136.5 This week, Fattmerchant announced $10.5

Analytics 105

Analytics Capital Tools California 105

PYMNTS

JANUARY 13, 2017

The biggest online lender for small businesses in the U.K., 12), the company said California-based venture capital firm Accel Partners led the funding round, with participation from Index Ventures, Union Square Ventures, and Temasek Holdings. Funding Circle, announced that it secured $100 million in equity funding.

Lending 100

Lending California Capital Online 100

PYMNTS

DECEMBER 7, 2018

Though not venture capital, the private equity raised for New Jersey-chartered community bank Cross River Bank is noteworthy not only for its impressive price tag of $100 million, but for its reflection of investors’ support for financial institutions that collaborate with the tech startup scene. Cross River Bank.

Analytics 176

Analytics Data Capital Software 176

PYMNTS

JULY 26, 2019

DataPlor operates a platform that targets small businesses in Latin America, enabling them to strengthen their online presence by gathering data about the business and licensing it to firms like PayPal and American Express. The solution heightens SMBs’ presence online and in search engine results like those of Google, reports noted.

Capital 155

Capital Operations America Management 155

Jeff For Banks

DECEMBER 10, 2023

Total return includes two components: capital appreciation and dividends. As both an MDI and CDFI, it applied for and received $80 million from the Emergency Capital Investment Program (ECIP) distributed by the U.S. Well done and best of luck leveraging the ECIP capital for good! #2. The Bancorp, Inc. They changed their name.

Fresno 101

Fresno North Carolina Raleigh FDIC 101

Independent Banker

JULY 31, 2022

While the $55 million-asset community bank has one brick-and-mortar branch in Fort Lauderdale, Locality Bank will serve customers primarily through its online and mobile applications. He began his career in the securities business and specializes in commercial banking, real estate lending and treasury. Filling a need.

Florida 91

Florida Community Bank Community FDIC 91

Bank Innovation

DECEMBER 8, 2017

Other investors include California-based investment firms Accel and TCV, both of whom […]. EXCLUSIVE- Emerging markets-focused money transfer app WorldRemit has raised another round of funding, bringing the total amount to $220 million.

California 249

California Marketing Capital Online 249

Independent Banker

JUNE 30, 2022

Here, we highlight some of last year’s most successful loan producers in the areas of agriculture, commercial and consumer/mortgage lending. The score combines the average of the bank’s percentile rank for lending concentration and for loan growth over the past year in each lending category. By Ed Avis. Methodology. AGRICULTURE.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

JULY 28, 2017

Lendio , a free online service that helps business owners find the right small business loans within minutes, announced it has helped facilitate more than $500 million in financing to more than 21,000 small businesses across the U.S. “Lendio is proud of the impact that $500 million in business loans is having on the American economy.

Los Angeles 101

Los Angeles South Carolina Capital California 101

Independent Banker

DECEMBER 29, 2015

ICBA warns of risks of online marketplace lending models. Online marketplace lenders are a new form of nonbank specialty lending that uses technology platforms to allow Wall Street and individual investors to directly fund loans to consumers and small businesses. Typical Practices of Online Lenders. capital policy.

San Francisco 70

San Francisco Lending New York City Online 70

Fintech Labs Insights

JULY 24, 2015

Dealstruck has raised $10 million in new capital from Community Investment Management. The online business lender now has a total capital of $70 million and says the investment will enable it to lend more than $100 million to small businesses. “And growing the capital pool means more access and more opportunity.”

Capital 12

Capital Lending San Diego San Jose 12

Gonzobanker

DECEMBER 14, 2023

THE BANKER AWARDS The Bank Acquisition of the Year – goes to the unique PacWest and Banc of California deal. Anyone who follows the industry knows this focused institution led by Findlay is all about executing the timeless principles of capital management, credit quality, efficiency and customer service. He passed away in January 2023.

Fintech 194

Fintech Community Regional Technology 194

Independent Banker

DECEMBER 31, 2021

That’s followed by residential mortgage lending (36.3%), small business lending (32.1%), commercial and industrial (C&I) lending (30%) and agricultural lending (23.6%). For example, we don’t do mortgage lending right now, because we don’t have the compliance expertise and staff knowledge,” Silveria says.

Community Bank 144

Community Bank Community Lending Louisiana 144

South State Correspondent

OCTOBER 28, 2022

Instead of shopping online and scrolling through a catalog of products, consumers would like to see something on Reels or Tik Tok and buy there. Big Idea – Blurred Lines Between Online and Offline. These economic macro trends and their impact on capital have put a terminal date on many of these companies.

Conference 195

Conference Technology Las Vegas Trends 195

Independent Banker

AUGUST 31, 2021

The KSB Lends a Hand program took anniversary funds totaling $20,000 and distributed them to more than 100 local organizations. “We Roshan McArthur is a writer in California. In mid-June 2020, the community bank launched Cross River Digital Ventures, a venture capital arm that invests in fintechs. Emerging Service Program Award.

Community Bank 196

Community Bank Community National Fresno 196

CFPB Monitor

MARCH 30, 2015

On March 26, the CFPB held a public hearing on payday and auto title lending, the same day that it released proposed regulations for short-term small-dollar loans. Richard Cordray, director of the CFPB, then gave lengthy remarks, which were published online the morning before the hearing took place and are available here.

Virginia 60

Virginia Lending Regulation America 60

Fintech Labs Insights

DECEMBER 17, 2015

Debt repayment app PaySwag will integrate its mobile technology with Cloud Lending’s lending platform courtesy of a partnership announced today. The white-label solution enables Cloud Lending customers to view, pay, and refinance their loans by mobile device. Snehal Fulzele is CEO. Max Hanes is CEO.

Lending 12

Lending Mobile Nevada California 12

Fintech Labs Insights

AUGUST 10, 2016

In a round led by a host of Silicon Valley and international investors, auto title lending platform developer Finova Financial has raised $52.5 Pictured: Finova Financial CEO Gregory Keough demonstrating the Car Equity Line of Credit (C-LOC) at FinovateSpring 2016 in San Jose, California. million in combined equity and debt.

Lending 12

Lending San Jose Florida California 12

Independent Banker

SEPTEMBER 21, 2015

Under the right circumstances, providing residential mortgages that fall outside of the new federal Qualified Mortgage definition could help a community bank grow its lending, some community bankers say. a $613 million-asset community bank serving central and northern Wisconsin that engages in non-QM lending. Still holding back.

Community Bank 70

Community Bank Lending Community Survey 70

Fintech Labs Insights

MAY 9, 2016

According to Lending Club president – and new acting CEO – Scott Sanborn, the first rule of Lending Club is “maintain the highest levels of trust with borrowers.” The post Lending Club’s Laplanche Resigns; Scott Sanborn to Serve as Acting CEO appeared first on Finovate.

Lending 12

Lending California Conference Capital 12

MyBankTracker

SEPTEMBER 10, 2020

Online investing platforms make it easy to DIY your own portfolio. That’s different from robo advisors or online brokerages that offer stocks, mutual funds, bonds and other investments. Our DiversyFund review takes a closer look at how this online investment platform works. including California and Texas.

Taxes 52

Taxes Online Management Examples 52

MyBankTracker

MAY 22, 2020

APRs are lower than predatory lending options. While the loans are very expensive, they offer a middle ground between traditional loans and potentially predatory payday lending. Unlike Oportun, traditional lenders usually look at your credit score when making a lending decision. Designed for borrowers with no credit.

Idaho 52

Idaho Lending Alabama Wisconsin 52

CB Insights

APRIL 17, 2018

For the third consecutive year, we worked with The New York Times to identify and rank the top 100 venture capital professionals from around the globe. Below are the detailed profiles of the Top 20 Venture Capital Partners. PROFILES OF THE TOP 20 VENTURE CAPITAL PARTNERS. Current Firm: First Round Capital (Founding Partner).

San Francisco 71

San Francisco CA Capital Operations 71

Fintech Labs Insights

AUGUST 20, 2015

billion) went to three online lenders (Sofi = $1 billion, Avant = $340 million, Dianrong = $220 million). HQ: San Francisco, California. Alt-consumer lending. HQ: Goleta, California. HQ: San Francisco, California. HQ: San Mateo, California. Capital Match. billion, from 25 companies. Total raised: $1.75

San Francisco 12

San Francisco Company Fintech California 12

Fintech Labs Insights

SEPTEMBER 1, 2016

The fintech sector attracted $332 million in new capital the first week of August. Four of those came out of the most recent batch of companies launched from accelerator 500 Startups , where each received $125,000 in seed capital. HQ: Oakland, California. HQ: San Diego, California. Online payment service.

New York City 18

New York City Company Fintech Comparison 18

PYMNTS

MAY 18, 2018

based online grocery firm Ocado , which will see the firm become Kroger’s exclusive partner in the U.S. while Kroger gets a stake in the company worth about 5 percent of existing share capital, valued at $247.5 By next year, they hope to resume operations in Southern California. Ocado will be able to offer delivery in the U.S.

San Francisco 100

San Francisco California Operations social media 100

CB Insights

MAY 23, 2019

Crescent Ridge Capital Partners’ elaborate Ponzi scheme. Pixelon: Online video vaporware. Under California state law, insurance brokers must complete a mandatory 52-hour pre-certification course to legally sell insurance in the state. Select Investors: BlackRock, Norwest Venture Partners, Sands Capital.

Fraud 78

Fraud Las Vegas Company Video 78

Fintech Labs Insights

MARCH 28, 2016

Three Finovate alums brought in new cash: Kreditech raised $11 million for its banking and lending services for the underbanked. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. Automated lending solutions for financial institutions. Automated lending solutions for financial institutions.

Company 12

Company Fintech San Francisco New York City 12

Fintech Labs Insights

JANUARY 13, 2016

In addition to LoanNow, Finovate alums attracting new capital included: Gem , which pulled in $7.1 HQ: Santa Ana, California. Lendful Financial. Online alt-lender. Online alt-lender. Online accounting. HQ: Venice, California. Consumer lending software for financial institutions. million ($44.7

Company 12

Company New York City Fintech Lending 12