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2021 GonzoBanker Awards

Gonzobanker

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. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. We salute a legend of lending and credit union leadership.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

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. Source: Stripe.

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Top 33 Digital Lenders to U.S. Small Businesses (SMB) in Nov 2021

Fintech Labs Insights

A defunct Canadian bank, Bayshore Trust, launched the first online loan application in March 1996. Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. HQ: Salt Lake City, Utah. Related: Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021).

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Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

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. million to launch its virtual bank. HQ: Lehi, Utah.

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

million to its digital banking platform. Startup digital bank. SaaS banking platform. Mobile banking app developer for financial institutions. Tags: Enterprise, B2B2C, mobile banking, digital banking. App Annie garnered $63 million for its mobile analytics and development tools.

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Fintech Fundings: 19 Companies Raise $1.3 Billion Week Ending Oct 1

Fintech Labs Insights

Cloud Lending Solutions. Enterprise lending platorm. Digital banking platform. Digital banking platform. Tags: Digital banking, mobile banking, B2B2C, consumer, Pete Kight (investor), Finovate/FinDEVr alum, Meet them Oct 6/7 at FinDEVr San Francisco. Total raised: $1.73 QuanTemplate.

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Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

Digital banking platform for financial institutions. HQ: Provo, Utah. Electronic gift card platform. Tags: Peer-to-peer, P2P, lending, investing. MX (formerly MoneyDesktop). Latest round: $30 million Series A. Total raised: $61.7 Source: Finovate. Loop Commerce. HQ: Palo Alto, California. HQ: London, UK.