PYMNTS
JUNE 24, 2020
million) from new and existing investors in two funding rounds since applying for the banking license in 2016, and it added several former banking executives to create a board. Still, the CEO said Zopa placed a priority on developing and owning its own technology. At the time, Zopa said it raised £60 million ($67.7
CFPB Monitor
AUGUST 12, 2021
The Guidance, which replaces previously issued 2005 and 2011 FFIEC guidance, is not intended to serve as a comprehensive framework for identity and access management programs and does not endorse any specific security framework or standard. The Guidance begins with a discussion of the “threat landscape” faced by financial institutions.
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Fintech Labs Insights
APRIL 12, 2024
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.
Lex Sokolin
MAY 25, 2020
There are, all of a sudden, a lot of deals being done across financial technology. Many of the companies being sold were started between 2005 and 2015. Unlike Goldman, Schwab has a real consumer footprint with a relatable, non-alienating brand, and deep consumer technology. Maybe not all of a sudden. Reminder?—?Addepar
Fintech Labs Insights
APRIL 16, 2020
movement in 2005/2006, the financial crisis hit. The recovery : As financial institutions got to the other side in 2010/2011, there was a massive pent-up demand from consumers for digital services, as broadband was now common in most developed markets and the iPhone turned 3 in 2010. Digital Banks for Small Businesses.
William Mills
SEPTEMBER 12, 2017
Digital banking solutions for community banks and credit unions. A turnkey solution incorporating CRM, invoicing and payments into a simple solution for the business delivered through the bank’s digital banking solution. Digital banking is the new core.” MalauzaiMonkeys. Interesting.
Fintech Labs Insights
MARCH 4, 2021
Ant Technology. Plaid Technologies. Online Digital Banks for Small Businesses. (values as of 1 Mar 2021). Value Date. 1-Mar-2021. United States. 1-Mar-2021. 2018 round. Rumored secondary mkt value. United States. 1-Mar-2021. United States. 1-Mar-2021. Secondary mkt value (29 Jan 21). United States. 1-Mar-2021. 1-Mar-2021.
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