Remove 2001 Remove Capital Remove Cards Remove Digital Banking
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B2B FinTechs Diversify Funding Strategies With M&A, IPOs

PYMNTS

Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. Venture Capital Funding. raised $10 million from SEB Bank and Seed Capital for its commercial card technology. Also in the U.K.,

Strategy 109
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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players.

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Green Dot CEO: 20 Years Of Innovating ‘Banking For The Masses’

PYMNTS

His main exposure to the payments industry was using his Bank of America debit card to pay for things at the store. That brought about an idea to create a card that would give kids — who didn’t have a credit card, but did have access to high-speed internet at school — a way to buy things online. What’s Next.

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Fintech’s Third Crisis is Tipping Point to a Digital-Only Future

Fintech Labs Insights

Dot-com crash (2000-2001). And it took the rest of the decade for the capital to gravitate to all the good ideas. Stimulus packages: Bonus for banking stimulus checks, enhanced unemployment assistance, paycheck advance, overdraft fee waivers. 2021 to 2023: Digital-first (on our way to digital-only).

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The 134 Fintech Unicorns of the 21st Century (Jan 2021 update)

Fintech Labs Insights

New in January: Newborns: Digit Insurance : The Indian insurance startup, now valued at $1.9B, was founded in 2016 and has raised $250M. The first, Divvy, is a corporate credit card and expense management firm in the same category with Brex, Expensify, and others. Personal Capital. Online Digital Banks for Small Businesses.

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Top 33 Digital Lenders to U.S. Small Businesses (SMB) in Nov 2021

Fintech Labs Insights

Unfortunately, we didn’t track when the first business loan application went online, but it was likely a few years later, let’s call it 2000/2001. But as you can see from the chart below, the digital SMB lenders started in earnest during and right after the 2007/2008 financial crash. CAN Capital. Lighter Capital.

Atlanta 15
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Fintech Labs Launches Space for Small Businesses to Connect with Digital Financial Services (Banks, Lenders, Insurers, Payment Processors, Accounting)

Fintech Labs Insights

Lending : Our largest category tracks 33 digital alt-lenders predominantly lending to small-and-medium U.S. Cards : Currently, 16 startups offer charge cards (or credit cards) and business expense management services in the United States. 7 card payment processors. – Top 33 Digital Lenders to U.S.

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