PYMNTS

OCTOBER 14, 2016

Not one of the four alternative lending startups that secured investments this week were from the U.S. Alternative Lending. Late last week, South Africa’s LulaLend brought some rare attention to the nation’s alternative lending space. There’s talk that alternative finance is dead. Well, in the U.S.,

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Bobsguide

JULY 7, 2022

Lake Mary, FL, US – June 30, 2022 – Finastra today unveiled its embedded consumer lending solution, enabling access to traditional regulated lending options for consumers at point-of-sale (POS). For merchants, the BaaS platform provides access to numerous lenders and their specific products.

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PYMNTS

OCTOBER 3, 2019

Citi has been appointed by Victory Capital to provide fund administration, custody, ETF services and securities lending for its most recent acquisition. We are confident Citi is the right partner to help us achieve our objectives with this strategic expansion of our business.”. With more than $21.7 With more than $21.7

Capital 100

Capital America Security Lending 100

PYMNTS

APRIL 26, 2019

In total, more than $107 million was raised, with investors targeting the small business (SMB) back office, lending and B2B payments. Existing backers, Nauta Capital and Seedrocket 4Founders Capital, also participated. In addition to lending, the company plans to use the funds to expand its savings offerings.

Fintech 176

Fintech US Lending Capital 176

PYMNTS

JANUARY 29, 2018

Small and medium-sized business (SMB) lending company Breakout Capital is expanding its product line, according to company reports on Friday (Jan. Breakout Capital explained that the tool allows factoring firms to use its platform to reach borrowers.

Capital 109

Capital Company Lending Innovation 109

PYMNTS

DECEMBER 2, 2019

The funding will be used to grow FinAccel’s credit lending app Kredivo, and develop additional financial services. All of that creates a 360-degree overview of the customer that helps us determine the risk factors, and decide whether to issue the credit.”

Lending 131

Lending Fintech Risk Management Management 131

PYMNTS

JUNE 6, 2018

Alternative lending platform BlueVine has announced its latest investment to the tune of $60 million. A press release issued by the company said Menlo Ventures led the Series E equity funding round for BlueVine, which also saw backing from SVB Capital and other investors.

Lending 131

Lending Capital Fintech US 131

PYMNTS

FEBRUARY 16, 2018

Similar to small businesses, said Albert Periu , middle-market firms struggle to not only gain the capital they need from traditional financiers; they’re also burdened by paper-based manual processes in the application and loan management process. There weren’t many FinTech or digital solutions for this segment.

Lending 101

Lending Marketing Analytics Capital 101

South State Correspondent

MARCH 14, 2024

In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground. Demographics shift, products change and technology drives channel preferences. This, however, could be a mistake.

Innovation 195

Innovation Strategy Capital Comparison 195

PYMNTS

SEPTEMBER 20, 2018

Peer-to-peer (P2P) lending in China is not for the faint of heart — and that’s putting it lightly. Swimming against that tide is China-based P2P lending provider X Financial. The company has also built a proprietary risk-control system that uses behavioral, social and other data to determine the appeal of prospective lenders.

US 166

US Lending New York Cards 166

Abrigo

OCTOBER 20, 2021

How to Get Buy-in When Implementing New Technology Achieving 100% adoption is attainable if financial institutions are willing to put the best change management practices in place. Takeaway 1 One of the most important pieces to garnering employee buy-in for new technology is communication. Communicate the purpose.

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Training Lending System Software 195

PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. Alternative Lending. This week alone saw two examples of those concerns in action: One U.S. lawmaker, Rep.

Lending 109

Lending Capital Fintech Data 109

Gonzobanker

SEPTEMBER 21, 2023

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Core: Core-n Mazes and Hayrides FIS acquired embedded finance provider Bond Financial Technologies and announced plans to spin off merchant solutions (to be named Worldpay ). for automated underwriting.

Fintech 103

Fintech Software Illinois Lending 103

Gonzobanker

DECEMBER 8, 2021

According to CB Insights, US fintechs raised $14.6B Mark Cuban is tweeting about Jill Castilla’s fintech efforts with lending system startup Teslar. Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. in the most recent quarter. Fintech investing has gained near sport status.

Fintech 210

Fintech Los Angeles Lending Analytics 210

PYMNTS

APRIL 26, 2017

Online lending as a business model has taken some lumps over the last several months, with Lending Club (and investors) only the most visible casualty of alleged fraud. As for questions surrounding the viability of these online lending platforms, as posited by Webster, Moore said the model exists as one that is here to stay.

Lending 101

Lending New York City Online Fraud 101

Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? Source: DeBanked ) Square Capital lent about $1.6 Technology Utilization.

Lending 126

Lending Community Bank Community Data 126

PYMNTS

JUNE 20, 2017

unit is offering an update on the progress made by PayPal Working Capital. The company revealed Monday (June 19) that it has facilitated more than $500 million (£400 million) in working capital to U.K. We saw an opportunity for us to help and set about making PayPal Working Capital a reality.”. PayPal U.K.

Capital 108

Capital Innovation Course Tools 108

BankInovation

FEBRUARY 11, 2021

Bank Housing Capital Company, a division of U.S. based bank worked with Built Technologies, a construction finance software company, […]. Bank, went live today with an automated solution that allows it to better manage homebuilder construction loans. The Minneapolis, Minn.-based

Minneapolis 95

Minneapolis US Software Tools 95

Lex Sokolin

FEBRUARY 18, 2021

Here, for comparison, is similar data on venture capital funds?—?printing That is a 100% increase in capital looking for quality fintech assets. As an aside, this has always been a conundrum for us. This accommodates fintech multiples, and allows $4 billion of capital into the system to search for exits.

Capital 52

Capital Fintech US Lending 52

Lex Sokolin

FEBRUARY 18, 2021

Here, for comparison, is similar data on venture capital funds?—?printing That is a 100% increase in capital looking for quality fintech assets. As an aside, this has always been a conundrum for us. This accommodates fintech multiples, and allows $4 billion of capital into the system to search for exits.

Capital 52

Capital Fintech US Lending 52

Gonzobanker

AUGUST 17, 2022

Here’s a few recent ones that caught our attention, and please, “Give us some slack, teach” on the school themes, ok? Lending Tech With Almost Steady Grades (Even With Rough Semesters). Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

Fintech 184

Fintech Lending Software Compliance 184

PYMNTS

APRIL 2, 2018

The bank offers corporate banking, retail banking, treasury management, capital markets, credit cards and wealth management services in a range of consumer and corporate offerings. In February, alternative lending company TruFin, based in the U.K., An F-1 registration statement revealed the bank’s plans for an IPO in the U.S.,

US 112

US Capital Regional Analysis 112

PYMNTS

DECEMBER 1, 2020

Plus, Altana raises funding for its supply chain technology, Velo Labs partners with Visa on SME lending and Google's former CEO backs a new tech fund. Velo Labs Teams With Visa, Lightnet On MSME Lending In Asia. 30) by London-based venture capital firm Firstminute Capital , CNBC reported.

Payments 141

Payments Google Capital Lending 141

Abrigo

DECEMBER 17, 2021

Components of an effective fintech partnership If leveraging new technology is a priority for your FI, ensure these three elements are present for an effective fintech partnership. . New technology is not a silver bullet. One of the most integral pieces to the success of new technology is garnering buy-in across the institution.

Fintech 195

Fintech How To Innovation System 195

PYMNTS

JUNE 8, 2020

Indian FinTech Infibeam Avenues , which works in digital payment and eCommerce solutions, has bought all shares of Cardpay Technologies, which provides payment and invoice technology, in an all-stock deal. Cardpay was founded by Kumar Srinivasan , who boasts two decades of experience with payments, retail and credit lending services.

Payments 150

Payments Lending Cards blockchain 150

PYMNTS

JULY 10, 2018

Financial technology seems to be leading the startup charge, representing 40 percent of the largest 10 deals of the year so far, collectively worth $100 million. What Branch does have, however, is some direct experience in the world of micro-lending. So why the boom? As for their next step? Savings accounts.

Lending 100

Lending ATM Online Course 100

Perficient

NOVEMBER 21, 2023

With nearly three decades of experience directing commercial lending, corporate finance, and insurance for leading brands, Perficient’s Insurance Principal, Brian Bell, stands at the forefront of our financial services practice. Explore why leading insurance carriers count on us to drive results.

Industry 221

Industry Conference Meeting Maine 221

PYMNTS

MARCH 23, 2020

“Increasingly, many lenders have been starting to focus on [SMBs] and lending to [SMBs],” said Gabriele Sabato, who holds a doctorate in finance and is CEO and co-founder of SMB loan underwriting firm Wiserfunding , in a recent interview with PYMNTS. SMBs are notoriously difficult to underwrite. Expanding The Data Scope.

Lending 188

Lending Data Analysis Tools 188

PYMNTS

DECEMBER 3, 2019

A FinTech payday startup called Hastee has received a $270 million investment from Umbra Capital Partners, with participation from IDC Ventures and others, according to reports. Hastee allows workers to get 50 percent of their paychecks up front via the Hastee app. The startup was founded in 2017 by Simon Draper and James Herbert.

Fintech 130

Fintech Capital Payments US 130

PYMNTS

NOVEMBER 13, 2020

has secured a $25 million venture loan facility from Horizon Technology Finance Corp., a specialty finance company that provides secured loans to venture capital-backed companies. . and European cities, with backing from such venture capital heavyweights as the SoftBank Vision Fund, Menlo Ventures and Braemar Energy Ventures. . "We

Security 168

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PYMNTS

JANUARY 14, 2021

This group of talented Canada-based employees and their equipment finance customers will benefit from TD’s strong franchise and allow us to focus our efforts on our U.S.

Groups 154

Groups US Lending Industry 154

PYMNTS

OCTOBER 25, 2019

That news of the funding comes amid bigger, related changes in the larger travel and hospitality industry, changes sparked by digital and mobile technology, along with shifting consumer patterns. is a new program that has OYO partnering with Biz2Credit , a small business online lending platform. market share as this new decade looms.

Online 100

Online US Trends Operations 100

South State Correspondent

DECEMBER 6, 2022

This happens because the invested capital (fixed depreciable assets) has a long life and is not replenished; therefore, depreciation does not grow to shelter tax payments and results in free cash flow falling below inflation every year. This occurs for real estate properties, manufacturing, and technology companies. Conclusion.

Analysis 195

Analysis Taxes US Management 195

PYMNTS

APRIL 28, 2020

Oriente said it will use the money to boost its growth in existing markets and further new developments in places like Vietnam. The funding will also go toward technological advancements, more improvements on its product suite and better big-data capabilities.

Big Data 182

Big Data Lending Maine Groups 182

BankUnderground

JANUARY 26, 2022

We found that capital requirements reduce the effects of financial shocks. Instead, a limit on how much of borrowers’ income is spent on mortgage interest payments reduces the volatility of lending, output and inflation resulting from housing market shocks. Model 2 added capital requirements. What we do.

Policies 96

Policies Capital Lending Tools 96

PYMNTS

APRIL 23, 2019

In a press release , the online lending marketplace LendingClub said that starting in April, it will connect applicants looking for a small business loan to the Opportunity Fund (a nonprofit small business lender) and Funding Circle (a small business lending platform). billion by 2023. .” billion by 2023.

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Lending Online Capital Innovation 116

Jeff For Banks

OCTOBER 4, 2014

We don''t need no stinking disruptors to do it for us! Now the amount of money in US registered investment companies exceeds that in FDIC insured banks. But wait, ING Direct grew to $92 billion in assets until ING Group divested it to Capital One. Lending Club funded $5 billion in loans since its founding in 2007.

Technology 105

Technology Cyber Security FDIC Strategy 105