Fintech Labs Insights

FEBRUARY 2, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). It is the 7th fintech unicorn based in India, and the 4th most valuable. It’s currently tied for 96th most valuable across all fintech, and 36th most valuable payments company. Full Fintech Unicorn List. 2-feb-2021.

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Fintech Labs Insights

NOVEMBER 19, 2015

While these numbers are dwarfed by the $20 trillion wealth management market, robo-advisor growth has garnered much attention. In an effort to capture more of that growth, Personal Capital is lowering its minimum investment from $100,000 to $25,000. Personal Capital. Investment Req’d. Average AUM/ User. 260,000. $1.

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Jeff For Banks

MAY 31, 2017

Look at the decline in branches since 2009. I read a recent interview of Members 1st Credit Union CEO Bob Marquette by S&P Global Market Intelligence (link requires subscription). Clearly he is not attending FinTech conferences. I sometimes quip that FinTech prognosticators are like futurists. Look at the surveys.

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CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Market opportunity. Stripe is ramping up its private market investments. Expansion into emerging markets. TABLE OF CONTENTS. Focus on developers.

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Fintech Labs Insights

FEBRUARY 2, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). It is the 7th fintech unicorn based in India, and the 4th most valuable. It’s currently tied for 96th most valuable across all fintech, and 36th most valuable payments company. Full Fintech Unicorn List. 2-feb-2021.

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Fintech Labs Insights

MAY 20, 2015

Payment processor, WePay has just added $40 million in new funding to its investment total , courtesy of a Series D investment led by FTV Capital. The Series D round takes WePay’s overall capital to more than $75 million. FTV Capital partner Chris Kinship will join WePay’s Board of Directors as part of the deal.

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PYMNTS

SEPTEMBER 14, 2016

In investing, whether across equities, private placements or venture capital activity, no one likes the term “anemic.”. Of that figure, 71 percent, or $145 million, came from the FinTech sector, with the biggest deal, at $119 million, tied to OfferUp, a Craiglist.com rival, raised through Warburg Pincus and also GGV Capital.

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CB Insights

AUGUST 16, 2017

Last quarter, the US unicorn “birth rate” ticked up significantly as 9 new VC-backed companies reached $1B+ valuations (compared to only 3 companies in Q1’17), the highest quarterly total since the close of Q3’15, according to our Q2’17 Venture Capital Funding Report with PwC. Valuation: $1.8B. Unicorn Round: $85M Series D.

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PYMNTS

JUNE 14, 2018

Powering the push in spending, according to the Commerce Department reports, are historically low unemployment figures , wages finally starting to show real gains and additional liquid capital among workers due to the tax cuts of late 2017. percent in Q1, in line with averages since 2009. Output was up 2.2

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Tech and Finance

DECEMBER 14, 2015

In this newly created role, Basker will lead two strategically important pillars in the growth agenda for Zafin — capitalizing on business opportunities through a coordinated transformation of Zafin solutions, processes and disciplines to achieve scale and speed and global expansion of advisory services.

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CB Insights

DECEMBER 5, 2017

Hiscox has made small investments in LevelFunded Health , a health insurance agency for the SMB market, as well as Bunker, a contract-related insurance marketplace for freelance economy businesses. Hiscox’s latest investment, Indio , provides a workflow management platform for commercial insurance brokers. XL Innovate.

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CB Insights

JULY 16, 2017

Hiscox has made small investments in LevelFunded Health , a health insurance agency for the SMB market, as well as Bunker, a contract-related insurance marketplace for freelance economy businesses. Hiscox’s latest investment, Indio , provides a workflow management platform for commercial insurance brokers. Stated investment focus: N/A.

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Fintech Labs Insights

APRIL 7, 2017

million) today in a round led by Frumtak Investment Fund and Velocity Capital Private Equity. Founded in Iceland in 2009, Meniga helps banks in 18 markets leverage their customer data to market and up-sell products and services to the banks’ 40 million end customers.

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CB Insights

MARCH 14, 2018

Sudden volatility has shaken the markets and the state of wealth management. Startups are especially well-positioned to establish credibility with young investors because many do not trust banks after the 2008-2009 financial crisis. Fintech companies focused on wealth management continue to gain popularity over traditional advisors.

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Fintech Labs Insights

DECEMBER 29, 2015

The scrooge list : Top-20 banks with no holiday promotions or graphics on 23 Dec 2015: Bank of America, Bank of the West (BNP Paribas), BB&T, Capital One & Capital One 360 (formerly ING Direct), Chase (note 2), Citizens (RBS), HSBC, SunTrust, US Bank, Wells Fargo, Zions Bank. One covered holiday budgeting. Animation from.

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Fintech Labs Insights

APRIL 16, 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. 2009 (a 17-month dive). Financial crisis. Coronavirus crisis.

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Fintech Labs Insights

SEPTEMBER 29, 2016

million in new capital using the same convertible note strategy the company used last year to raise $2.2 Bill Robbins, who took the helm as CEO at WealthForge last December , said the funding will help WealthForge build its core business, as well as make investments in “sales, marketing, and support.”

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Fintech Labs Insights

MAY 26, 2017

” Founded in 2009 and headquartered in Dublin, Ireland, Fenergo demonstrated its Deal Manager solution at FinovateEurope 2012. Fenergo’s technology is used by leading investment, corporate, and capital markets FIs such as UBS and BMO Capital Markets.

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CB Insights

AUGUST 14, 2017

While late-stage investing rounds are the typical “tipping point” for entry into the unicorn club, one quarter of newborn unicorns in H1’17 earned their $1B+ valuations with a mid-stage Series C capital raise. Select Round Investors: Breyer Capital, Sutter Hill Ventures, Wildcat Venture Partners. Valuation: $1.8B.

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Lex Sokolin

MAY 25, 2020

That feels like a venture bet coming to fruition, or founders looking at the likely market environment for the next 10 years, and saying?—?no We have the world’s best investment bank and institutional capital markets business, but something doesn’t feel right. But there is one layer of observation deeper here. 1–5mm per client).

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Fintech Labs Insights

OCTOBER 16, 2016

Capital One integration with Amazon Echo. Capital One is the only bank with a live Alexa integration (called “Skill”), but Lloyds Bank put together a proof of concept this spring. The annual Sibos 2016 conference in Geneva took place at the end of September – between the last Fintech Trending meeting and this one.

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Fintech Labs Insights

MAY 25, 2016

Bessemer Venture Partners, FirstMark Capital, and Rho Ventures also contributed to today’s round, which brings Dashlane’s total funding to $52.5 million since its 2009 launch. Password management company Dashlane closed on $22.5 million in a round led by TransUnion , who has joined the company as a strategic partner.

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Fintech Labs Insights

SEPTEMBER 25, 2015

The Germany-based bank, which was founded in 2009, has set itself apart from traditional banks in multiple facets: Was among the first banks to enable its customers to buy and sell bitcoin on its platform (with partnerships such as Ripple ). Additionally, the bank soon plans to roll out other fintech partnerships.

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Fintech Labs Insights

JANUARY 26, 2016

.” Taulia also announced hiring Barbara Holzapfel as its new Chief Marketing Officer. Cedric Bru, Taulia CEO, called Holzapfel a “powerhouse” and praised her expertise in strategic marketing and operations. Before working with SAP, Holzapfel did strategic marketing at The Coca-Cola Company in Atlanta, Georgia.

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Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Bank Acquisition of the Year.

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PYMNTS

OCTOBER 21, 2019

A decade ago, an entrepreneur wanting to raise cash pretty much had to have rich relatives or pals, or gain entry into the clubby world of venture capital. My, how much has changed since 2009. That doesn’t mean such businesses rely on crowdsourced funding, however – at least 177 have used Seedrs to raise capital.

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Fintech Labs Insights

JUNE 14, 2016

Drossaert comes to Fidor with more than 20 years experience in finance and IT, having worked as CTO Banking & Capital Markets for Asia, Middle East, and Africa for Computer Sciences Corporation and as Head of Transformation and Change at Saudi Hollandi Bank.

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Fintech Labs Insights

NOVEMBER 2, 2016

But RIABiz reports that the acquisition was financed by Genstar Capital and notes “outside sources peg the deal at $35 to $40 million.” ” The acquisition comes in the wake of a pair of other recent pickups for Strategic Insight – Market Metrics and Matrix Solutions.

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Fintech Labs Insights

FEBRUARY 27, 2017

This deal gives us the funding stability and additional capital markets expertise we need to continue to grow our marketplace and achieve profitability in 2017.”. Founded in 2005, Prosper presented at FinovateSpring 2009 as well as the inaugural Finovate in 2007.

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Fintech Labs Insights

JANUARY 14, 2016

In a round led by Zouk Capital, financial supply-chain specialist Taulia has raised $46 million in new funding. The new infusion of capital takes the company’s total to more than $130 million. . Zouk Capital CEO Samer Salty praised Taulia’s ability to “streamline and strengthen” the financial supply chain. .”

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Fintech Labs Insights

JULY 15, 2015

In addition to helping the Fenergo enter new markets around the world, the investment will support development of a partner ecosystem including Fenergo University and Consulting Accreditation Program. Fenergo is a leading provider of client lifestyle management solutions for investment banks, private banks, and capital markets firms.

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PYMNTS

MAY 31, 2018

TechCrunch noted that, in 2009, Sequoia Capital made an investment in Pine Lab and remains its largest single investor. It closed on an $82 million round in March with private equity firms Actis and Altimeter Capital investing in the company. PayPal has been busy when it comes to making investments in the payment market.

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Fintech Labs Insights

JULY 16, 2015

But the new capital takes Malauzai Software’s total to more than $24 million. Austin Business Journal quoted Malauzai Software’s founder and chief product officer, Robb Gaynor who said the funding will help support the company’s growth and “market expansion.” million fundraising, in May 2014.

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Fintech Labs Insights

JULY 20, 2015

” Pictured (left to right): Dashlane VP of Partnerships and Marketing, Nishant Mani, and CEO Emmanuel Schalit presenting at FinovateEurope 2013 in London. Founded in 2009 by Bernard Liautaud, Dashlane has offices in both New York City, and Paris, France.

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Fintech Labs Insights

AUGUST 21, 2014

Relationship mortgages __ In late 2009, I refinanced my home through what was then ING Direct. While the process wasn''t perfect ( see post) , it went pretty smooth and I''ve been happy with the bank even as it transitioned to Capital One ownership.

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CB Insights

SEPTEMBER 10, 2019

Download the free report to find out how fintech is shaping the future of wealth management and investing. This openness to banking alternatives presents opportunities for fintech startups looking to innovate in financial services from the outside. get the REPORT on next generation investors. From big banks to big tech.

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PYMNTS

MAY 15, 2017

market without further rigorous testing, citing concerns over the drug’s potential to penetrate a mother’s placenta and harm her unborn baby. The first bitcoin transaction was recorded by Nakamoto in early January of 2009 a few months after his famous paper introducing bitcoin to the world was released. The drug was thalidomide.

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