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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. Bill Me Later was one of the earliest fintech payment platforms on the market and gave big retailers the ability to offer flexible financing programs. Table of Contents: Amazon’s product strategy. Closing thoughts.

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The Top 20 Venture Capitalists

CB Insights

He then went on to become Senior Director of Business Development at Palm Source in 2001 after he oversaw the strategy around Palm OS. Notable Investments: Lending Club (IPO), DocuSign , Square (IPO), Spotify (IPO), Twitter (IPO), Houzz. In 1999, he joined Palm as a Director. He also started Palm ‘s corporate venture fund.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Bank of America and Countrywide. For financial giant Bank of America, the $4B acquisition of mortgage lender Countrywide in 2008 probably seemed like a natural way to grow the business. In the early 2000s, venerable retailers Sears and Kmart began losing ground to Walmart and Target, with Kmart even filing for Chapter 11 in 2002.

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17 Of The Biggest Startup Frauds Of All Time

CB Insights

LendingClub was one of many online lending services founded in the mid-2000s as entrepreneurs eyed the Byzantine financial sector as an area ripe for disruption. Demonstrating sales is a necessity for retail startups, especially those operating in the intensely competitive food vertical. Total Funding: $263M. Total Funding: $240M.

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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

Lending Club made changes to its business model that created new opportunities for growth. Lending Club. Later, the retail giant sold its entire e-commerce operations in China to JD.com. Ziv Aviram, his co-founder, studied industrial engineering and management and was known for leading Israeli retail companies.

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