Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.

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Digital Banking Online Atlanta Las Vegas 15

PYMNTS

MAY 30, 2019

Pepper has continued to be rolled out and is now available in Beverly Hills and Seattle. The digital banking experience is transforming as quickly as the smartphone revolution took off,” said Jeremy Balkin, head of innovation at HSBC.

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Miami New York City Florida Seattle 108

PYMNTS

SEPTEMBER 13, 2019

Same-day delivery “ramps” up: To get ever faster in the delivery game, Amazon is leasing space in a multi-story warehouse in Seattle that is the first where trucks can access multiple floors via ramps. The Home Depot is reportedly leasing space in the same building.

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Rhode Island Google Apple Regulation 100

American Banker

OCTOBER 5, 2022

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Seattle Digital Banking Lending 28

Gonzobanker

DECEMBER 8, 2021

Led by prior SoFi and LendingClub bank acquisitions, Square’s industry bank charter approval, and Revolut’s bank charter application, the interest here continued, although at a lower pace, including a couple of deals here: BM Tech (formerly BankMobile Technologies) acquired Seattle-based First Sound Bank M1 Finance acquired Minnesota-based First National (..)

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Fintech Los Angeles Lending Analytics 210

Independent Banker

AUGUST 31, 2021

of digital banking customers said they switched to digital banking because of the pandemic. Source: 2021 Provident Bank survey. These days, there’s a lot to contend with as a community bank, from changing consumer behaviors due to the pandemic to uncertainty surrounding the economy and inflation. Quick stat.

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Community Bank Community Lending Leadership 170

Gonzobanker

DECEMBER 19, 2022

Chuck Purvis, Coastal Community – Purvis waved the flag of innovation in the credit union industry, helping Coastal become famous for its usage of interactive teller machines (ITMs) and launching the Constellation Digital Banking platform. The Smarter Bank Customer Experience Award. The Focus on What Matters Award.

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Community Fintech Industry Innovation 216

Fintech Labs Insights

OCTOBER 29, 2020

There were two fintech companies pitching, Toronto’s Treasure and Seattle-based Arrived Homes both tackling big problems with the always exciting direct-to-consumer model. Description: Digital bank for kids (with debit card). HQ: Seattle, WA. Check out their 3-minute pitches below. Business model: Direct-to-consumer.

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Atlanta Fintech Seattle Digital Banking 15

American Banker

AUGUST 18, 2016

Banks in cities such as Seattle and New York are getting creative with branching, adding some that are smaller than modest apartments.

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Seattle New York Marketing Branch Strategies 28

PYMNTS

JUNE 18, 2018

“Our clients are increasingly asking for mobile services that make their lives easier, and Erica is becoming a growing choice for its convenience and personal solutions,” said Michelle Moore, head of digital banking at Bank of America. “As

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Data cryptocurrency America San Francisco 101

Fintech Labs Insights

MAY 2, 2023

Fintech Summit Orlando, FL 16-May-23 18-May-23 WealthStack Hollywood, FL 21-May-23 24-May-23 FinovateSpring San Francisco 23-May-23 25-May-23 Seamless Middle East Dubai 23-May-23 24-May-23 Money 20/20 Europe Amsterdam 6-Jun-23 8-Jun-23 Digital Banking by American Banker Boca Raton, FL 12-Jun-23 14-Jun-23 Invest by FinancialPlanning NYC 12-Jun-23 (..)

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Conference Las Vegas San Francisco Fintech 29

Fintech Labs Insights

MAY 12, 2021

A defunct Canadian bank, Bayshore Trust, launched the first online loan application in March 1996. Online Digital Banks for Small Businesses (SMB) May 2021. Camino Financial. Lighter Capital. Fund that Flip. HoneyComb Credit. Pittsburgh. It’s a work in progress, so expect changes in the formula. Related: Top 12 U.S.

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Atlanta Utah DC Detroit 15

Fintech Labs Insights

AUGUST 31, 2016

The ongoing migration to mobile provides financial institutions a chance to reboot their approach to delivering information digitally. Digital banking v1.0 desktop online banking) was primarily about porting paper-based statements into an online format. Digital banking v2.0

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Mobile UX Seattle Online 22

Fintech Labs Insights

MAY 12, 2021

HQ: Seattle. Online Digital Banks for Small Businesses (SMB) May 2021. Camino Financial. Lighter Capital. Fund that Flip. HoneyComb Credit. Pittsburgh. Website visitors: 95,000 (April 2021; SimilarWeb). Employees: 4 ( Pitchbook ). Citations: 18 (Crunchbase). Twitter : 1,500 followers. Trustpilot: NA. Lighter Capital.

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Atlanta Utah DC Detroit 15

Fintech Labs Insights

NOVEMBER 19, 2021

HQ: Seattle. Related: Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021). Online Digital Banks for Small Businesses (SMB) November 2021. Fundera (NerdWallet). Biz2Credit. Lighter Capital. Camino Financial. SmartBiz Loans. SnapCap (LendingTree). Citations: 149 (Crunchbase). Trustpilot : 4.5

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Atlanta Utah Miami DC 15

Fintech Labs Insights

SEPTEMBER 21, 2015

The Seattle-based startup raised $3 million to bring its total funding to $5.3 Also, long-time alum, Alkami Technology picked up $11 million Friday to further their e-banking solutions business. Digital banking solutions. HQ: Seattle, Washington. Tags: Online banking, mobile, Finovate alum. Compte Nickel.

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New York City San Francisco Company Fintech 12

Fintech Labs Insights

NOVEMBER 30, 2015

Digital bank. HQ: Seattle, Washington. Tags: Consumer, bank, BBVA (lead investor), mobile, challenger. Here are the deals by size from Nov 21 through Nov 27: . Latest round: $128 million ($230 million valuation). Total raised: $128 million. HQ: Durham, England, UK. Source: Crunchbase. Lighter Capital.

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Company Fintech San Francisco Lending 12

Fintech Labs Insights

JUNE 1, 2016

If only it had been equally savvy in its underwriting skills , it would be a digital banking giant by now. I don’t want to single anyone out, but I need an example, so I looked at a few sites in the Seattle area and chose Washington State Employess Credit Union to illustrate my point.

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Seattle Google Washington Maine 12

Fintech Labs Insights

JULY 17, 2015

Mobile banking platform. HQ: Seattle, Washington. Digital payments solutions. Tags: Payments, prepaid cards, digital banking, mobile, global payments. Total raised: $23 million. Source: Finovate. HQ: Austin, Texas. Latest round: $11 million. Total raised: $24 million. Source: Finovate. HQ: Islington, England, UK.

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Fintech Company San Diego Los Angeles 12

Fintech Labs Insights

JANUARY 12, 2017

The widgets library offers pre-built tools, such as PFM and a retirement planner, that connect to the banks’ back end APIs. Headquartered in Seattle, WA. Paramu: As an organization, Moonraft Innovation Labs has worked with more than 20 large banks globally in designing their digital banking experiences.

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Innovation User Experience America Customer Experience 12

Fintech Labs Insights

AUGUST 8, 2016

Digital banking technology. Digital renter’s insurance. HQ: Seattle, Washington. Sound-based payment & banking technology. Tags: Institutions, digital banking, Finovate alum. Source: Crunchbase. Alkami Technology. Latest round: $3.7 Total raised: $46.7 HQ: Plano, Texas. Source: Crunchbase.

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Company Fintech New York City blockchain 12

Fintech Labs Insights

MAY 19, 2016

Digital banking company. HQ: Seattle, Washington. Tags: Consumer, deposits, payments, prepaid, debit card, banking, mobile. HQ: Oakland, California. Source: Crunchbase. Latest round: $56 million Debt (from Goldman Sachs). Total raised: $154.3 million ($98.3 million Equity, $56 million Debt). HQ: Sao Paulo, Brazil.

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San Francisco Company Fintech California 18

Gonzobanker

DECEMBER 19, 2017

Best Bank Purchase of the Year – Goes to Heritage Financial for its strategic purchase of commercial niche player Puget Sound Bank. Bravo to CEO Brian Vance, President Jeff Deuel and team for a watershed expansion into the hot Seattle market with a bank whose commercial skills can complement those of its acquirer.

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Conference Industry Community Bank Community 91

CB Insights

FEBRUARY 13, 2020

Notably, the company embraces remote work: in May 2019, it announced its fifth remote engineering hub, accommodating the vast majority of available engineer talent living outside its other hubs in San Francisco, Seattle, Dublin, and Singapore. Issuing serves corporate expense and digital banking use cases, among others.

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CB Insights

JUNE 17, 2020

Now, with much of the world imposing stay-at-home orders, more consumers have turned to digital alternatives for taking care of their finances, especially as most avoid physical branches.

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