PYMNTS

AUGUST 20, 2020

What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? They are also too large to get funding through programs solely focused on small business lending.

Maine 218

Maine Lending Pennsylvania Boston 218

PYMNTS

SEPTEMBER 4, 2020

Though it didn't reveal how much it raised, Zero Hash, based in Chicago, announced the close of its Series C investment round led by holding company tastytrade. The company has announced a $6 million funding round led by Five Elms Capital, a blog post on the firm's website revealed, adding that several angel investors also participated.

New York City 151

New York City Capital Colorado Software 151

PYMNTS

DECEMBER 6, 2019

backers focused on accounts payable (AP) technology, cannabis procurement and small business lending, to name a few – but it was a FinTech specializing in the high-growth market of on-demand payroll that secured the top spot in this week’s roundup. Chicago’s Leaf Trade saw $4.5 From Singapore to the U.K., Leaf Trade.

Fintech 133

Fintech Capital Lending Chicago 133

PopularBank

APRIL 3, 2024

A study from the University of Chicago found the number of retirees within that segment will nearly double in the next 10 years. Construction costs for middle-market senior housing. To tackle the middle market senior housing gap, preserving existing senior housing is key. higher in 2022 than in 2021.

Community 52

Community Operations Arizona United States 52

Filene

JUNE 21, 2016

QCash - An omni-channel lending solution that offers relationship based underwriting (without credit check) to members in search for small, short-term unsecured loans. It was also a great forum for the Coast Capital team to engage with peers within the organization and across the industry. Filene Feedback | Linda Young.

Chicago 45

Chicago social media Illinois Innovation 45

Filene

FEBRUARY 9, 2018

QCash - An omni-channel lending solution that offers relationship based underwriting (without credit check) to members in search for small, short-term unsecured loans. It was also a great forum for the Coast Capital team to engage with peers within the organization and across the industry. Filene Feedback | Linda Young.

Chicago 28

Chicago social media Innovation Digital Strategies 28

PYMNTS

APRIL 20, 2018

In recent years, its core trading business has slowed, and its capital market and merger businesses have been fairly flat. Goldman’s first toe in the water was Marcus, its consumer banking and lending platform, said to be named after its founder. Not so much anymore. The Big Bet on Consumer Services.

New York 101

New York Lending Tools Boston 101

CB Insights

DECEMBER 4, 2019

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. Market strategy outside the US. Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending.

Cards 101

Cards Lending Strategy US 101

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 144

Fintech Strategy Leadership Lending 144

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Market opportunity. Business lending and corporate cards. Stripe is ramping up its private market investments. Expansion into emerging markets.

Online 98

Online Company Retail Payments 98

Gonzobanker

JANUARY 4, 2016

In an industry where the top five institutions control more than half the market share, it amazes me how few of the 6,000 other banks are taking advantage of shared insights and resources to compete. GonzoBanker Credit Union Consumer Lending Officer Roundtable Phoenix Mar 13-15. GonzoBanker Credit Union CIO Roundtable Chicago May 1-3.

San Diego 60

San Diego Phoenix social media Strategy 60

Gonzobanker

DECEMBER 22, 2020

Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. This is a classic bank deal – one acronym buys another at a good price and plans to cut the hell out of cost while adding markets. Market cap in January: $19B.

Idaho 174

Idaho Community Industry Strategy 174

Independent Banker

NOVEMBER 30, 2022

An entrepreneur with a background in accounting and finance, CEO and chairman of the board Thomas Swenson set up Montana Business Capital Corporation in 1998 with a focus on job creation and economic development lending. One just completed her CPA exam, passed a mortgage underwriter training program and ran the Chicago Marathon. “We

Community Bank 169

Community Bank Community Montana Leadership 169

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

South State Correspondent

APRIL 10, 2023

While the market focuses on deposits and liquidity, media pundits and analysts are waiting for credit problems to appear. CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). touched off a wave of bankruptcies.

Community Bank 195

Community Bank Community Los Angeles Regional 195

PYMNTS

APRIL 20, 2018

Alternative finance, cybersecurity and logistics providers landed the majority of the more than $205 million in funding placed for B2B startups in venture capital and debt. Alternative Lending. Cerebro Capital. Wunder Capital. The largest investment round of the week goes to Wunder Capital, a U.S. B2B Payments.

Lending 109

Lending Capital Chicago Tools 109

Bankelele

JANUARY 28, 2016

98% of produce is sold to the informal markets and there is little formal financing for that. Debt is about 20-30% of the market cost of foods sold as middle men and mama mboga pass on the cost of default risk – Grant. The government has many avenues of financing farmers e.g. AFC lends to sugar farmers at 5% – Charles.

Marketing 28

Marketing Lending Chicago Management 28

Fintech Labs Insights

AUGUST 20, 2015

Alt-consumer lending. HQ: Chicago, Illinois. Capital Match. Peer-to-peer lending marketplace for small businesses. Tags: Lending, micro-credit, underwriting, servicing. Total raised: $1.75 billion (at least $400 million is debt). Source: Wall Street Journal. Latest round: $339 million (Debt). Total raised: $1.43

San Francisco 12

San Francisco Company Fintech California 12

Fintech Labs Insights

DECEMBER 28, 2015

The vast majority went into alt-lending including NYC-based Pave ($30o million), Australian P2P platform MoneyPlace ($60 million from Auswide Bank), and Chinese lenders Fengjr.com ($80 million) and Dashu Finance ($77 million). HQ: Chicago, Illinois. Indexa Capital. Secondary market for private company shares. P2P lender.

Company 12

Company Fintech North Carolina California 12

Fintech Labs Insights

JULY 12, 2016

HQ: Chicago, Illinois. Kikka Capital. Alt-lending. Tags: Consumer, merchants, POS, point of sale financing, lending, credit, underwriting. Total raised: $60 million. Source: Crunchbase. Mobile savings account. Latest round: $22.5 million Series B. Total raised: $36.3 HQ: San Francisco, California. Source: Crunchbase.

New York City 12

New York City Company Fintech San Francisco 12

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

Fintech Labs Insights

OCTOBER 26, 2015

Finally, congratulations to Finovate alum Financit which grabbed an undisclosed, but we are guessing considerable, amount of capital from Goldman Sachs. HQ: Chicago, Illinois. Lending to bootcamp students. LoanBook Capital. Marketplace lending platform. Off-market real estate listings. million or less.

Company 12

Company Fintech California North Carolina 12

Abrigo

SEPTEMBER 27, 2017

They learned how to prepare for the current expected credit loss model (CECL) and leverage the change to better manage the business, and they found out about new perspectives for improving lending processes and risk management. 25-27, 2018, in Chicago. The 2018 Summit will be held Sept. segmentation, loss rate options, forecasting etc.),

Risk Management 150

Risk Management Management Denver Chicago 150

CB Insights

NOVEMBER 9, 2017

In this review of failure, we’ve looked in our venture capital database to find the most well-funded startup companies that ultimately failed or had an undesirable exit, such as an asset sale or an acquisition for less than the total funding raised by the company. via Chicago Tribune. The 101 Biggest Product Failures Of All Time.

Capital 78

Capital Company San Francisco Operations 78

Fintech Labs Insights

FEBRUARY 5, 2016

Private capital continued to flow into the fintech sector this week with 21 companies raising $257 million. Real estate platform for emerging markets. HQ: Chicago, Illinois. Tags: Consumer, credit, mortgage, underwriting, loans, lending, peer-to-peer, marketplace, crowdfunding, property. Small business alt-lender .

Company 12

Company Fintech Bitcoin California 12

Jeff For Banks

APRIL 14, 2022

The Panic of 1907: Lessons Learned from the Market's Perfect Storm 2009 Lowell L. Oil Capital: The History of American Oil, Wildcatters, Independents and Their Bankers 2016 Dwight L. Bonadio Bonadio, Felice A. Bruner Bruner, Robert F. Bryan Bryan, Lowell L. Bryan Bryan, Lowell L. Clark Clark, Bernard F. Clarke Clarke, Dwight L.

America 78

America National Denver United States 78

PYMNTS

NOVEMBER 20, 2020

After coming under fire for ending key pandemic lending programs, Treasury Secretary Steven Mnuchin on Friday (Nov. Both Federal Reserve Chief Jerome Powell and Charles Evans, the Chicago Federal Reserve Bank president, have called out the move, saying the small business lending programs provided crucial support for a still-shaky economy.

Lending 233

Lending Chicago Capital How To 233

CB Insights

OCTOBER 31, 2017

Fresco’s head of community marketing, Johnathan Hamiter, began sending employees private Slack messages saying funding seemed “pretty bleak” and encouraging them to look for other jobs. Unfortunately, we were not able to find our place in the market. Title: Jawbone to Be Liquidated as Rahman Moves to Health Startup. Around 4 p.m.,

Company 78

Company US San Francisco Capital 78

PYMNTS

OCTOBER 14, 2016

Seattle, San Francisco, Chicago and Toronto have all signed off. Samsung had roughly a 22 percent share of the global smartphone market earlier this year, roughly twice that of Apple’s, and one might expect that gap to narrow. Can Amex and Intuit fill the gap that has been left by traditional banks when it comes to lending to SMBs?

Apple 100

Apple Course Samsung San Francisco 100

Independent Banker

FEBRUARY 16, 2015

Sherrod Brown (D-Ohio) appears before ICBA community bankers in 2013 to explain ICBA-backed legislation he co-sponsored that would have increased minimum capital requirements on the country’s very largest banks, as well as provided important regulatory relief for community banks. He’s a free-market conservative,” Lynch says.

Community Bank 70

Community Bank Alabama Ohio Community 70