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Can FinTech Walk The FinTalk?

PYMNTS

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Marketplace lending. Marketplace Lending.

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Why The ICBA Is Fighting Industrial Loan Charters For FinTechs

PYMNTS

Before this year, the last time that happened was in 2006, when Walmart made a move on an ILC. And while much has been quiet on the ILC front ever since, as of 2017, two big FinTechs made them very visible again: Sofi in June and Square in mid-September. SoFi, due to other corporate issues , has already abandoned that effort.

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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’s still going under the stewardship of fintech famous Jim Marous, who modernized the name to Digital Banking Report (and recently opened the archives for free access).

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FinTech’s Bright Future Marred by Hype

PYMNTS

Unfortunately, “60 Minutes,” famous for investigative journalism, missed the really big story in FinTech. A few days later, one of the founding fathers of FinTech, Renaud Laplanche , was forced out of Lending Club, the peer-to-peer lender he founded in 2006, following scandals over loan disclosures and conflicts of interest.

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120 Fintech Unicorns of the 21st Century: November 2020 Update

Fintech Labs Insights

At FintechLIVE , we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). Full Fintech Unicorn list (values as of 2 Dec 2020). In November, we added just 3 new unicorns compared to 6 last month. Unicorn count: Beginning = 118. + 3 born this month. – 1 whose valuation dropped below $1B (Qiwi). _.

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Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

The bank was founded in 2006 and operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. and equipment lending and asset based lending through Triumph Commercial Finance. Crypto is blazing hot! #2. MetroCity Bankshares, Inc.

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Lending Club Reports Growth in Revenues, Originations for Q2 2015

Fintech Labs Insights

Lending Club provided investors with plenty to think about in its Q2 2015 earnings conference call this week. Here are a few of the highlights from a second quarter that saw Lending Club reach $11.2 Cash, cash equivalents, and securities available for sale totaling $888 million. billion in total originations. Milestones.

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