Filene
DECEMBER 14, 2017
QCash - An omni-channel lending solution that offers relationship based underwriting (without credit check) to members in search for small, short-term unsecured loans. Innovation Immersion - Filene’s Innovation Immersion program helps credit unions execute on innovation, ideas, and cultural change.
PYMNTS
JANUARY 3, 2017
“[Overdrafts] allow customers to spend money they don’t have — then punish them for it,” notes Josh Reich, co-founder and CEO of Simple, an online bank based in Portland, Oregon. In this market, there are very few opportunities for many consumers to obtain the short-term liquidity they need.”.
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Gonzobanker
DECEMBER 14, 2023
Merger of Equals Deal of the Year (Credit Union) – Spire Credit Union and Hiway Credit Union put 2+2 together to make a $4 billion institution in the Minnesota market. While Huntington is down like most bank stocks, the pain hasn’t been as severe, and Huntington doubled down on local markets in 2023 by consolidating business units.
William Mills
DECEMBER 12, 2017
This is good news for the job market; however, a number of decisions may be made before yearend that will change the competitive landscape for small businesses. For banks, small business and commercial lending can be bogged down by tedious application processes, sluggish response times and frequent delays. www.miradortech.com.
PYMNTS
JUNE 11, 2018
Fair isn’t in the business of lending money to consumers to buy cars. Painter noted that he doesn’t tend to see these services as competitors, since they almost all focus on new cars, whereas Fair exclusively trades in the used car market, which is three times larger. markets by the end of 2018, and will go global in 2019.
Fintech Labs Insights
AUGUST 20, 2015
Alt-consumer lending. HQ: Portland, Oregon. HQ: Portland, Oregon. Peer-to-peer lending marketplace for small businesses. Tags: Credit, P2P, lending, underwriting, investing, SMB. Total raised: $1.75 billion (at least $400 million is debt). Source: Wall Street Journal. HQ: Chicago, Illinois. Total raised: $1.43
Fintech Labs Insights
DECEMBER 4, 2015
Onovative : The financial services marketing automation provider brought in $1 million. Small business lending technology. HQ: Portland, Oregon. Marketing automation & analytics for financial institutions. Tags: Consumer, trading, investing, stock market. In total, the 13 companies pulled in $112.7
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