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

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New England Confectionery Co. Sells For $18.8M At Auction

PYMNTS

We started as a family-owned candy company back in 1847, [and] we’re thrilled to work with a fourth-generation candy company that brings new stewardship to our brands,” Necco Chief Executive Michael McGee told the Globe. “I Spangler was among two other bidders: Round Hill Capital LLC and Gordon Brothers. Bidding opened at $15.25

Boston 100
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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
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COVID-19 And The Medical Commerce Boom

PYMNTS

This is a bloodbath, but it’s not when you panic,” the president and founder of Blue Line Capital and Blue Line Futures told CNBC’s Trading Nation. The trend in the market had already been pointing toward additional wearables adoption, particularly among fitness brands. This is when you go shopping.”.

Apple 130
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, The companies served different user bases: Nextel was more of a business brand, with customers often drawn to its signature walkie-talkie technology.

Google 76
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Data Dive, Farewells Edition: Apple, Chase, SoFi, Uber

PYMNTS

In 2003, iTunes for Windows arrived in October 2003, allowing non-Mac users, the vast majority of the computing world, to buy music from Apple and sync it to an iPod for the first time. Social Finance, the online lender better known as SoFi, is losing three top executives this week. SoFi and Uber Reshuffle Their Upper Levels.

Apple 122
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Who’ll Be The ‘Netflix’ Of Payments?

PYMNTS

A year and $2 million in seed capital later, Hastings and a partner founded Netflix. By June 2003, DVD rentals overtook VHS rentals. It could have packaged its mail-order DVDs with proprietary hardware or insisted on asking consumers to buy a branded set top box or piece of hardware to stream its content.

Payments 100