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Lenny Loves Dwolla: Digital Payment Network Helps Bring Microloans to Millennials

Fintech Labs Insights

What happens when a millennial microlending app teams up with the white-label API of a digital payment network? Founded in 2008 and based in Des Moines, Iowa, Dwolla has raised more than $32 million in funding. The post Lenny Loves Dwolla: Digital Payment Network Helps Bring Microloans to Millennials appeared first on Finovate.

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Q2 Acquires Social Money in $10 Million Deal

Fintech Labs Insights

Founded in 2007 and headquartered in West Des Moines, Iowa, Social Money is geared toward millennials and Gen Y consumers – a point underscored by Flake. ” Pictured: Social Money CEO Scott McCormack demonstrating GoalSaver at FinovateSpring 2012.

Iowa 12
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Social Money Teams Up with Sallie Mae to Provide Goal-Based Savings Accounts

Fintech Labs Insights

Having established itself as a goal-saving solution for millennials with its SmartyPig solution, Social Money is now gearing up for the next generation with its new partnership with educational lender , Sallie Mae. CorePro was officially launched in 2013.