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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. BlueVine said it will use the funding to strengthen its BlueVine Business Banking offering after launching small business checking account services.

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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Cloud Payment Processor Volante Teams With Goldman Sachs On Digital Transaction Banking

PYMNTS

the FinTech software company, announced Wednesday (Sept. 23) it is collaborating with Goldman Sachs Bank USA to provide the payments platform for the bank’s digital transaction service. Founded in Silicon Valley in 2001, Volante serves more than 90 financial institutions in 35 countries.

Payments 151
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The 134 Fintech Unicorns of the 21st Century (Jan 2021 update)

Fintech Labs Insights

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). 7 born this month (Digit Insurance, Divvy, Mambu, Melio Payments, MX, PPro, Sunlight Financial). + It is the 7th fintech unicorn based in India, and the 4th most valuable. Full Fintech Unicorn List. 2-feb-2021.

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Top 28 Digital Lenders to U.S. Small Businesses

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. So, the capability has existed for 20 years.

Atlanta 15
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Fintech’s Third Crisis is Tipping Point to a Digital-Only Future

Fintech Labs Insights

Umpqua Bank’s Homepage During Middle of Coronavirus Crisis (15 Apr 2020). In my 25 years in the fintech space, I’ve had the misfortune to experience three massive ecosystem shocks. To help gauge where fintech is now and how and when it will get back on its feet, let’s compare and contrast the three downturns and their recoveries.

Fintech 15
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i2c, CashFlows Partner To Assist European Payment Card Issuers

PYMNTS

Payments processing and digital banking tech firm i2c has partnered with business payment services provider CashFlows to benefit payment card issuers across Europe, i2c announced on Tuesday (Jan. Founded in 2001 and headquartered in Silicon Valley, i2c supports millions of users in over 200 countries and territories.

Cards 131