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Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

CEO Nick Molnar said in a statement that, “Afterpay and Google Pay give shoppers the ability to choose either physical or online shopping while still being able to budget their own money and avoid expensive loans, interest and fees — which has shown to attract new customers and drive more sales conversion for our retail partners.”.

Lending 130
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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships.

Fintech 143
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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. So many miles to go, retail bankers! The Tech Award – Goes to Capital One.

Idaho 148
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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

Financing solutions for retailers & manufacturers. Kikka Capital. Retail finance gateway. HQ: Minneapolis, Minnesota. Tags: Advisors, institutions, investing, trading, risk management. Latest round: $20 million Series B. Total raised: Unknown. HQ: Bejing, China. Source: Crunchbase. HQ: Austin, Texas.

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Fintech Fundings: 26 Companies Raise $280 Million in 4th Week of June

Fintech Labs Insights

Pearl Capital. HQ: Minneapolis, Minnesota. Retail investment product marketplace. Sentiment analysis for capital markets. Latest round: Unknown amount of new capital in Reverse IPO ($117 million value). Latest round: $30 million Debt. Total raised: $30+ million. HQ: Surry Hills, Australia. Source: Crunchbase.