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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 195
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 243
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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

The year ends with a total of about $19 billion invested into private fintech companies (includes debt and equity). It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. Louis, Missouri. Person-to-person lender .

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

And there are few fintech success stories bigger than 2008 alum, Credit Karma , which scored $175 million this week at a reported $3.5 That makes the credit score provider the second most valuable alum (after Lending Club , currently trading at $6 billion). So far this year, fintech has attracted $7.9 Louis, Missouri.

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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK). Tags: SMB, payments, mobile, merchants, acquiring, credit/debit cards, mobile, POS. Notable raises included Finovate alum Tagit which brought in nearly $9 million to supercharge its mobile application development platform. ——-. Consumer alt-lender. Total raised: $1.92

Company 12
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The $70K Dent The Financial Crisis Put In The US Consumer’s Pocketbook

PYMNTS

Adding to the fun — consumers born in the 1980s to 1990s (aka millennials) that are widely counted as the future of economy — carry the highest debt load of any generation according to the Federal Reserve Bank of St. Sixty-six percent have credit cards. Nearly 7 percent say they like and use credit cards regularly.

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Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6

Fintech Labs Insights

Fintech deals by size from 30 April to 6 May 2016: VTS. Louis, Missouri. Prepaid debit card. Louis, Missouri. Accelerator: VC Fintech Accelerator (Little Rock, Arkansas). Tags: Enterprise (B2B2C), payments, loyalty, debit/credit cards, rewards, blockchain, crypto-currency. billion, more than twice the $6.6