Bank Innovation

FEBRUARY 18, 2019

Aura, a San Francisco-based fintech offering affordable loans to low to moderate-income households, wants to partner with banks to offer those loans to consumers who have traditionally been unable to secure them from larger institutions.

San Francisco 186

San Francisco Fintech Innovation Security 186

PYMNTS

SEPTEMBER 23, 2020

The San Francisco-based digital mortgage and loan platform on Wednesday (Sept. 23) announced its expansion into consumer banking to include personal loans and credit cards. based early growth, FinTech-focused venture capital firm. based early growth, FinTech-focused venture capital firm.

San Francisco 180

San Francisco Washington Survey Data 180

PYMNTS

MAY 29, 2019

The company said it will use the capital to invest in growth and add some muscle to its $2.3 Previous SoFi investors include SoftBank Capital and Peter Thiel. The private capital space has attracted a lot of interest lately: Investments in the area grew to $4.4 billion balance sheet. percent annual percentage yield.

San Francisco 116

San Francisco Capital Millennials cryptocurrency 116

Bank Innovation

JUNE 28, 2018

For the task, San Francisco-based Bento raised $9 million in a new round of funding today. Bento for Business wants to provide its customers with money management tools combined with banking solutions, similar to the personal financial management app for millennials, MoneyLion, according to company CEO Farhan Ahmad.

San Francisco 170

San Francisco Millennials Tools Management 170

PYMNTS

AUGUST 12, 2020

Separately, in 2018, well before the pandemic, PYMNTS’ Financial Invisibles report found that 12 percent of a sample of consumers used payday loans and did not have credit cards. This is the latest feature Square has added to Cash App’s features beyond peer-to-peer money transfer, joining its free debit card, rewards and investing offerings.

San Francisco 176

San Francisco Survey Cards Report 176

PYMNTS

FEBRUARY 17, 2020

The historical focus of credit unions has been consumer lending , with a focus on providing the lowest rates to customers. As a result, she said, although credit unions are offering credit card products, they aren’t a central focus. Centralizing The Payments Experience. Building The Right Offerings .

San Francisco 184

San Francisco Cards Lending Meeting 184

PYMNTS

JUNE 28, 2019

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. PYMNTS looks at other industry players around the globe that caught investors’ attention below.

Capital 108

Capital Analytics San Francisco Lending 108

Jeff For Banks

NOVEMBER 19, 2014

Her answer: lack of capital. The above chart is from a Federal Reserve Bank of San Francisco Economic Letter: Slow Business Start-ups and the Job Recovery published in July. But in strategic planning retreats that I moderate, community financial institutions insist that they lend to small businesses. Some took offense.

Lending 93

Lending San Francisco Community Community Bank 93

PYMNTS

NOVEMBER 6, 2019

I think if you look at the economic environment,” Nayar noted, “you see the Fed is cutting the rate, but the banks aren’t cutting rates on credit cards, so the spread between credit card lending and personal loans has never been bigger.”.

San Francisco 100

San Francisco Utah Trends Cards 100

CB Insights

DECEMBER 10, 2020

Below, we take a look at how tech companies are unbundling Bank of America’s front office, from consumer deposits and payments to equity research and business credit cards. . However, both brands have expanded to additional products, such as Venmo’s credit card and Cash App’s stock investing offering. . SMB lending .

America 101

America Lending Cards San Francisco 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. Lend exclusively over online peer-to-peer platforms.

San Francisco 70

San Francisco Lending New York City Online 70

CB Insights

DECEMBER 4, 2019

Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. Swipe fees alone are a $90B-a-year business for banks, card networks like Visa, and payment processors like Stripe. Table of Contents: Amazon’s product strategy. Amazon’s Next Financial Pillar. Closing thoughts.

Cards 101

Cards Lending Strategy US 101

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. Attorney Alex Tse. “We The Response.

Lending 135

Lending Fraud Management San Francisco 135

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. Virtual card issuance. Business lending and corporate cards. Fraud prevention tools. Supporting merchant partner growth. rate per transaction.

Online 98

Online Company Retail Payments 98

PYMNTS

SEPTEMBER 24, 2018

Banking And Gift Cards And Certified Partners (Oh My). Some analysts have reported that Square’s Cash App is growing faster than PayPal’s Venmo, and the company recently boosted its presence in small business (SMB) lending through Square Capital. We are delighted to be offering eGift cards to our sellers in the U.K.

Data 143

Data Cards San Francisco Online 143

PYMNTS

FEBRUARY 28, 2017

SoFi, the San Francisco–based lending startup, has by all reasonable metrics hit the ground in 2017 running. To open the month of February, SoFi announced it had acquired online banking startup Zenbanx. SoFi, in recent years, has also expanded into asset management and life insurance. The company, however, is still pretty small.

San Francisco 100

San Francisco Delaware United States Groups 100

Gonzobanker

DECEMBER 17, 2021

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Rex Johnson, Baxter Credit Union founder and former CEO – Rex was a legend in the credit union industry who will always be remembered as the “Yoda” of lending.

Fintech 147

Fintech Strategy Leadership Lending 147

CB Insights

OCTOBER 10, 2018

Both have access to significant financial capital to scale far beyond what’s available to even well-funded startup challengers. The core product is a digital-first app that tracks spending from a linked card issued by either MasterCard or Visa. Neon quickly secured a new partner, BancoVotorantim, to resume card services.

Retail 78

Retail Cards Millennials Mobile 78

Fintech Labs Insights

MAY 24, 2016

The credit line is dynamic; it automatically adjusts to furnish businesses with the right amount of capital they need to grow. Earlier this month, Kabbage partnered with alt-lenders OnDeck and CAN Capital to launch the Innovative Lending Platform Association and Smart Box.

San Francisco 15

San Francisco Georgia Big Data Lending 15

Fintech Labs Insights

MAY 19, 2016

HQ: San Francisco, California. Marketplace small business lending platform. Tags: Consumer, youth, debit card, mobile, spending, controls, mobile. Fintech deals by size from 23 April to 29 April 2016: Mosaic. Marketplace lender for residential solor projects. Latest round: $200 million Private Equity. Total raised: $224.9

San Francisco 18

San Francisco Company Fintech California 18

Fintech Labs Insights

AUGUST 17, 2015

Four out of the top 100 companies are Finovate alums: Kabbage , provides working capital to small businesses online. Kabbage launched the Kabbage Card at FinovateSpring 2015. Come to FinDEVr San Francisco 2015 to check out what Kabbage has for developers. Prosper , online P2P lending platform. Founded: 2009.

San Francisco 12

San Francisco CA Atlanta Big Data 12

Fintech Labs Insights

JUNE 16, 2016

Along with the usual payment and lending startups, two insurtech companies raised substantial rounds: Embroker ($12.2 Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. HQ: San Francisco, California. million ($83.1

San Francisco 12

San Francisco Company South Carolina New York City 12

Fintech Labs Insights

NOVEMBER 18, 2015

Be sure to check out coverage from our recent developer conference in San Francisco. The latest from FinDEVr San Francisco 2015 presenters: Hyperwallet Launches Loyalty Program for Independent Workers. Thinking Capital earns Deloitte’s Technology Fast 50 Canada Awards. Are you building new financial technology?

San Francisco 12

San Francisco Cyber Security New York Conference 12

Fintech Labs Insights

AUGUST 20, 2015

HQ: San Francisco, California. Alt-consumer lending. HQ: San Francisco, California. Capital Match. Peer-to-peer lending marketplace for small businesses. HQ: San Francisco, California. Tags: Lending, micro-credit, underwriting, servicing. Student loan marketplace lender.

San Francisco 12

San Francisco Company Fintech California 12

Fintech Labs Insights

JUNE 13, 2016

” Or check with cloud communications and authentication specialist Twilio , a FinDEVr alum ( FinDEVr San Francisco 2015) enjoying its third consecutive year on CNBC’s Disruptors List of companies “whose innovations are revolutionizing the business landscape.”

San Francisco 12

San Francisco Lending Capital Innovation 12

Fintech Labs Insights

MAY 17, 2017

Socially responsible lender LendUp is expanding its L Card credit card offering this week. Originally launched in April of 2015, the L Card boasts low fees, offers users incentives for paying off their balance early, and provides materials to boost their financial education.

San Francisco 16

San Francisco Cards Lending Community 16

Fintech Labs Insights

SEPTEMBER 19, 2016

The fintech sector attracted $266 million in new capital the second week of August. 5 million to CUneXus to expand its consumer lending platform. . 5 million to CUneXus to expand its consumer lending platform. HQ: San Francisco, California. Consumer lending platform. Bigstone Capital. BPS Technology.

San Francisco 12

San Francisco New York City Fintech Company 12

Fintech Labs Insights

JANUARY 30, 2017

“Over the last 12 years, we’re proud to say we’ve helped over a third of a million people get better interest rates for both borrowing and lending.” Both individuals and businesses (as long as they are not lenders themselves) are allowed to lend money through Zopa for investment purposes.

San Francisco 12

San Francisco Lending Millennials Capital 12

PYMNTS

MAY 18, 2018

while Kroger gets a stake in the company worth about 5 percent of existing share capital, valued at $247.5 But the firm had operational difficulties, and after a few rounds of layoffs, the firm officially closed down operations everywhere except its home city of San Francisco in 2015. sites that Kroger will locate.

San Francisco 100

San Francisco California Operations social media 100

Fintech Labs Insights

MARCH 1, 2016

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 FlexScore was bought by United Capital . Improving capital efficiency for derivatives trading. Loyalty card platform. HQ: San Francisco, California.

New York City 12

New York City Company Fintech San Francisco 12

Fintech Labs Insights

MARCH 3, 2017

The financing comes from the company’s long-time partner, Victory Park Capital, and will be used to fund future loan growth. The San Francisco-based startup’s combined debt and equity now totals $325 million. Payday loan alternative startup, LendUp , announced this week it has received a $100 million credit facility.

San Francisco 12

San Francisco Video Course Lending 12

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

JUNE 6, 2016

Capital Float. Working capital financing. Capital Float. Working capital financing. HQ: San Francisco, California. Tags: SMB, payments, mobile, merchants, acquiring, credit/debit cards, mobile, POS. Source: Crunchbase. Bridge2Solutions. Incentive & rewards systems for financial institutions.

Company 12

Company Fintech San Francisco New York City 12

Fintech Labs Insights

AUGUST 5, 2016

HQ: San Francisco, California. Lending Works. P2P lending platform. Lending Works. P2P lending platform. HQ: San Francisco, California. Multi-merchant credit/debit card loyalty progam. Tags: Consumer, rewards, cards, loyalty, payments, spending. Source: FT Partners. Finanzchef24.

San Francisco 12

San Francisco Company New York City Fintech 12

CB Insights

AUGUST 23, 2018

Today, JPMorgan (JPM) is using its capital and scale to build an entirely digital bank. JPM boasts an industry leading credit card network. With an elite rewards network, JPM is able to use its credit cards as a lever to attract and retain valuable clients. Credit cards as a lever to attract affluent clients. First Name.

Cards 76

Cards Mobile Strategy Branding 76

Fintech Labs Insights

APRIL 13, 2016

Three Finovate alums raised capital and one of the first FinovateSpring presenters, TradeKing , was acquired by Ally Financial for $275 million. Ixaris landed $6 million for its prepaid card platform. P2P lending platform. Scalable Capital. Prepaid card payments platform. Total dollars raised YTD is $7.9

New York City 12

New York City Company Fintech Minnesota 12

Fintech Labs Insights

JULY 12, 2016

HQ: San Francisco, California. Prepaid debit card for youth. Kikka Capital. Alt-lending. Tags: Consumer, merchants, POS, point of sale financing, lending, credit, underwriting. Source: Crunchbase. Mobile savings account. Latest round: $22.5 million Series B. Total raised: $36.3 Source: Crunchbase.

New York City 12

New York City Company Fintech San Francisco 12