CFPB Monitor

OCTOBER 6, 2022

On September 29, 2002, the Consumer Financial Protection Bureau (“CFPB”) filed a complaint against online lender MoneyLion Technologies, Inc, and several dozen of its subsidiaries (collectively, “MoneyLion”), alleging violations of the Military Lending Act (“MLA).

Online 78

Online Regulation Policies Course 78

Jeff For Banks

NOVEMBER 7, 2015

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? What I hear most often is that community banks take deposits from people and businesses in their community and lend it to people and businesses in that same community. So we were both castaways. Seems risky.

Community Bank 60

Community Bank Community Baltimore Lending 60

FICO

MARCH 18, 2019

The Veteran average amount overlimit may not initially appear as a potential red flag, but when you consider that, at £5,749, average credit limits for this segment are at their highest since at least January 2002, there are possibly some very high balance overlimit accounts that can roll into delinquency.

Cards 45

Cards Trends Analysis Policies 45

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. Who would’ve thought lending $1 million to a San Francisco cab driver to buy a house at 100% loan to value would go bad? High-tech employment fell from 12.1

FDIC 78

FDIC Community Bank Regulation Lending 78

Independent Banker

JULY 1, 2015

Since he joined the bank in 2002 after graduating with a degree in finance from the University of Wisconsin-Whitewater, Harms has grown his portfolio to more than $51 million and serves more than 500 clients. For Harms, mortgage lending isn’t just about regulations or underwriting—it’s about people and their financial dreams.

Cleveland 70

Cleveland Wisconsin Arizona Virginia 70

FICO

MAY 25, 2023

This could be achieved with a federal law similar to The Sarbanes-Oxley Act , a 2002 law that aimed at protecting investors by making corporate disclosures more reliable and accurate. Models should be explainable, ethical and responsible, and the data used contains proper provenance, consent and bias controls.

Regulation 52

Regulation San Diego Analytics blockchain 52

FICO

NOVEMBER 30, 2022

You have a customer for whom your auto lending division sees payments to “Towing Services” (MCC: 7549) where none were seen previously, followed by an increase in spending to the combined MCCs of “Motor vehicle Supplies and New Parts” (MCC: 5013) and “Automotive Service Shops” (MCC: 7538).

Retail 52

Retail Data Analytics Fraud 52

Fintech Labs Insights

DECEMBER 7, 2020

To qualify, a company must have been founded in 2000 or later (OK, we have a couple of 1999s too, just so we can keep PayPal on the list) and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting and payroll. Nov 2019 round. Root Insurance.

United States 15

United States Fintech Portland Oregon 15

Fintech Labs Insights

FEBRUARY 2, 2021

But given it’s position as powering alternative energy lending at the POS, it seemed to be more the former. To qualify, a company must have been founded in 2000 or later and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting and payroll.

United States 15

United States Fintech Utah Lending 15

Fintech Labs Insights

FEBRUARY 2, 2021

But given it’s position as powering alternative energy lending at the POS, it seemed to be more the former. PPRO helps global merchants accept payments locally to save on FX costs. Sunlight Financial : We debated whether NYC-based Sunlight is more fintech or financial institution. Full Fintech Unicorn List. Q2 Holdings. 2-feb-2021.

United States 15

United States Fintech Utah Software 15

CB Insights

APRIL 17, 2018

Notable Investments: Lending Club (IPO), DocuSign , Square (IPO), Spotify (IPO), Twitter (IPO), Houzz. In 2002, Jeremy joined AOL Time Warner as Senior Vice President of Corporate Development and Chief of Staff to the CEO. Current Firm: Kleiner Perkins Caufield & Byers. Operating Location: Menlo Park, CA. JEREMY LIEW.

San Francisco 71

San Francisco CA Capital Operations 71

PYMNTS

DECEMBER 5, 2016

As reported in the Wall Street Journal , the housing lending market has become a bifurcated one, with credit costs low in a phenomenally low interest rate environment. But banks are tightening the reins on risks they will take, which translates into lending reticence. If the American dream is buying real estate, the U.S.

St. Louis 100

St. Louis Lending United States Marketing 100

FluentBanking

APRIL 18, 2020

for securing highest marks in (i) Law & Practice of Banking (JAIBB) (ii) Management of Financial Institutions (DAIBB) (iii) Lending Operation & Risk Management (DAIBB) (ii) Agrani Bank Ltd Two prizes of Tk.

Regulation 52

Regulation Case Study Security Management 52

CB Insights

OCTOBER 29, 2018

The housing bubble bursting that same year had the opposite effect and various penalties and real estate losses relating to Countrywide’s lending practices ended up costing BofA about $40B, all told. 32) in August of 2002. ” 11. When you’re a powerhouse brand, it can be hard to see that the times are changing. Date: 1998.

Google 76

Google Software Innovation Company 76

FICO

JUNE 21, 2022

million) in annual staff savings as its lending book grows by 40%. Richard joined FICO in 2002 and was previously a project manager at Brokat Technologies. Hoist Finance is now making a million real-time decisions every day across multiple regions. It's now expected to deliver a further €8.5 million (US$9.7 See all Posts.

Management 52

Management Customer Experience Regional Strategy 52

Fintech Labs Insights

JANUARY 21, 2022

August ’21 exit to Square. Aug ’21 round. FTX Exchange. Oct ’21 round. South Korea. Nov ’18 transaction. New Zealand. Accounting. Secondary market May 21. Mar ’21 SPAC (proposed). Dec ’19 round. Wise ( TransferWise ). Aug ’21 round. Payroll/SMB. Oscar Health. Jan ’16 round. Better.com. May ’21 SPAC annoucement. April ’21 round. Aug ’21 round.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

NOVEMBER 22, 2021

5 Nov 2021. June 2021 round. 5 Nov 2021. 5 Nov 2021. July 2021 round. 5 Nov 2021. 5 Nov 2021. August 2021 exit to Square. 5 Nov 2021. Aug 2021 round. FTX Exchange. Oct 2021 round. 5 Nov 2021. New Zealand. Accounting. 5 Nov 2021. South Korea. Nov 2018 transaction. 5 Nov 2021. 5 Nov 2021. Wise ( TransferWise ). 5 Nov 2021. Jan 2016 round. Better.com.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

NOVEMBER 22, 2021

5 Nov 2021. June 2021 round. 5 Nov 2021. 5 Nov 2021. July 2021 round. 5 Nov 2021. 5 Nov 2021. August 2021 exit to Square. 5 Nov 2021. Aug 2021 round. FTX Exchange. Oct 2021 round. 5 Nov 2021. New Zealand. Accounting. 5 Nov 2021. South Korea. Nov 2018 transaction. 5 Nov 2021. 5 Nov 2021. Wise ( TransferWise ). 5 Nov 2021. Jan 2016 round. Better.com.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

OCTOBER 19, 2021

Lending/SMB. August 2021 exit to Square. 9 Sep 2021. 9 Sep 2021. South Korea. Aug 2021 round. 9 Sep 2021. 9 Sep 2021. April 2021 round. Jan 2016 round. Better.com. May 2021 SPAC annoucement. April 2021 round. Aug 2021 round. Clearwater Analytics. 24 Sep 2021. Investing/back office. Root Insurance. Oct 2020 IPO. HealthEquity. 9 Sep 2021.

Fintech 15

Fintech Lending Payments Analytics 15

Fintech Labs Insights

DECEMBER 20, 2021

July 2021 round. August 2021 exit to Square. South Korea. Secondary market May 21. Checkout.com. Jan 2021 round. One97 (PayTM). Dec 2021 round. Jan 2016 round. Better.com. May 2021 SPAC annoucement. Dec 2021 round. April 2021 round. Wise ( TransferWise ). Sep 2021 round. June 2021 round. Netherlands. Nov 2021 round. Estimate based on 2021 IPO value.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

JANUARY 4, 2021

Creditas : The Brazilian lending platform surpassed the billion-dollar mark with a massive $250M round in December valuing it at $1.8B. The long-time Finovate Europe favorite has roots in Israel but is headquartered in the UK, it becomes the 11th fintech unicorn based in the UK, and the 6th most valuable. June 2020 round. United Kingdom.

United States 15

United States Fintech Lending Company 15

Fintech Labs Insights

JANUARY 4, 2021

Creditas : The Brazilian lending platform surpassed the billion-dollar mark with a massive $250M round in December valuing it at $1.8B. The long-time Finovate Europe favorite has roots in Israel but is headquartered in the UK, it becomes the 11th fintech unicorn based in the UK, and the 6th most valuable. June 2020 round. United Kingdom.

United States 15

United States Fintech Lending Company 15

Fintech Labs Insights

MARCH 4, 2021

To qualify, a company must have been founded in 2000 or later and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting and payroll. United States. Q2 Holdings. 1-Mar-2021. United States. Feb 2021 secondary (per The Information). United States.

United States 15

United States Fintech Company Analytics 15

Fintech Labs Insights

APRIL 8, 2021

1 back on the list after previoulsy falling below $1B (Lending Club). _. To qualify, a company must have been founded in 2000 or later and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting and payroll. The total value is now $1.62

United States 15

United States Fintech US Lending 15

Fintech Labs Insights

SEPTEMBER 13, 2021

200t ($1B): American lender Octane Lending. Octane Lending. To qualify, a company must have been founded in 2000 or later and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting and payroll. Full Fintech Unicorn List. Netherlands.

United States 15

United States Fintech Lending Bitcoin 15

Fintech Labs Insights

JUNE 3, 2021

US lending specialist. To qualify, a company must have been founded in 2000 or later and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting and payroll. . #99 Recharge : $2.1B US payments company. 110 (t) SpotOn : $1.9B 123 (t) Zeta : $1.5B

United States 15

United States Fintech US Technology 15

Fintech Labs Insights

JUNE 3, 2021

US lending specialist. To qualify, a company must have been founded in 2000 or later and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting and payroll. . #97 Recharge : $2.1B US payments company. 108 (t) SpotOn : $1.9B 121 (t) Zeta : $1.5B

United States 15

United States Fintech US Technology 15

Fintech Labs Insights

FEBRUARY 15, 2022

Octane Lending. Source: FintechLabs, 1 Feb 2022 *To qualify, a company must have achieved scale in 2000 or later and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting/payroll. 1 Feb 2022. Jan 2022 round. Aug 2021 exit (PayU). 1 Feb 2022.

Fintech 15

Fintech Lending Technology Payments 15

Fintech Labs Insights

FEBRUARY 1, 2022

Octane Lending. To qualify, a company must have achieved scale in 2000 or later and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting/payroll. 1 Feb 2022. Jan 2022 round. Aug 2021 exit (PayU). HealthEquity. 1 Feb 2022. 1 Feb 2022.

Fintech 15

Fintech Lending Technology Security 15

Fintech Labs Insights

MAY 3, 2021

To qualify, a company must have been founded in 2000 or later and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting and payroll. Feb 2021 secondary (per The Information). United States. 1 May 2021. United States. HealthEquity. 1 May 2021.

United States 15

United States Fintech US Company 15

Fintech Labs Insights

MAY 3, 2021

To qualify, a company must have been founded in 1999 or later and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting and payroll. Feb 2021 secondary (per The Information). United States. 1 May 2021. United States. HealthEquity. 1 May 2021.

United States 15

United States Fintech US Company 15

Fintech Labs Insights

JULY 7, 2021

To qualify, a company must have been founded in 2000 or later and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting and payroll. United States. Feb 2021 secondary (per The Information). United States. 1 July 2021. United States. HealthEquity.

United States 15

United States Fintech Bitcoin Capital 15

Fintech Labs Insights

AUGUST 10, 2021

To qualify, a company must have been founded in 2000 or later and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting and payroll. United States. Credit Karma. United States. June 2021 round. Netherlands. HealthEquity. 6 Aug 2021. United States.

United States 15

United States Fintech Technology Capital 15

Jeff For Banks

APRIL 14, 2022

The Roaring Nineties: A New History of the World's Most Prosperous Decade 2004 Amey Stone Stone, Amey King of Capital: Sandy Weill and the Making of Citigroup 2002 Jean Strouse Strouse, Jean Morgan: American Financier 1999 Gillian Tett Tett, Gillian Fool's Gold: The Inside Story of J.P. Bonadio Bonadio, Felice A. Bove Bove, Richard X.

America 78

America National Denver United States 78

CB Insights

NOVEMBER 16, 2017

Lending Club made changes to its business model that created new opportunities for growth. Lending Club. Mobileye was founded in 1999, right before the Palestinian uprising from 2000 – 2005 and the bursting of the dot-com bubble in 2002. Kramlich and NEA saw this when they flew over to China for due diligence in 2002.

Lending 78

Lending Capital Company Google 78

PYMNTS

JUNE 12, 2018

The rollback of Dodd-Frank has also inspired U.S. Wayne Abernathy, executive vice president at bank trade group American Bankers Association , said, “The feeling is there are many rules that are so old that they’re out of sync with what you need to promote economic growth, and that’s a conversation policymakers are now willing to have.”.

US 108

US Regulation Washington Policies 108