Remove 2001 Remove Capital Remove Management Remove Online
article thumbnail

Billtrust’s First Institutional Investor Sells Stake

PYMNTS

A press release issued Monday (May 14) said Edison sold its stake in Billtrust to private equity firm W Capital Partners. That takeover sees Billtrust expanding its Quantum offering to integrate business credit reports, online credit applications, machine learning-powered credit scoring and credit analytics.

article thumbnail

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. And each January, we ranked all previous recipients into a master list.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” To you, manage your interest rate risk. The dot-com bubble recession began in March 2001 and lasted only 8 months. percent of all jobs in 2001 to 11.3

FDIC 78
article thumbnail

The Top 20 Venture Capitalists

CB Insights

For the third consecutive year, we worked with The New York Times to identify and rank the top 100 venture capital professionals from around the globe. Below are the detailed profiles of the Top 20 Venture Capital Partners. PROFILES OF THE TOP 20 VENTURE CAPITAL PARTNERS. Current Firm: First Round Capital (Founding Partner).

article thumbnail

When Predictions Go Right … And Not So Right

PYMNTS

Even if there were a trustworthy way to send money over the internet (which there isn’t), the network is missing a most essential ingredient of capitalism: salespeople.”. In fairness, it was 1995 — Amazon was a year old and a bookseller online. and around the world.

Apple 150
article thumbnail

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

PYMNTS

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. By 2001, sales were good enough that Streit was able to persuade CVS and Walgreens to get in on the action. area Rite Aid stores in 1998. What’s Next.

article thumbnail

Should Facebook Buy eBay?

PYMNTS

That’s where Reid Hoffman hatched the idea for LinkedIn in 2003 after inviting hundreds of his friends to create online profiles to get his idea for a professional online networking site off the ground. million from Benchmark Capital and changed its name to eBay. E-Bay acquired online ticket exchange, StubHub, in 2007.

Online 128