CB Insights
OCTOBER 29, 2018
Date: May 21, 2009. When Cisco paid almost $600M for Pure Digital in 2009, it probably seemed like a great investment for their consumer products department; Pure Digital’s Flip HD digital camera was a hot seller at the time. After only two years, Google sold Motorola to Lenovo for $2.9B. Cisco and Pure Digital. Price: $590M.
CB Insights
FEBRUARY 13, 2020
Leadership and board members. Business lending and corporate cards. Square has since expanded its offerings to standalone, integrated point-of-sale terminals, as well as a broader ecosystem of applications and services such as lending (Square Capital), payroll services (Square Payroll), and rewards (Square Loyalty).
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Fintech Labs Insights
JULY 28, 2016
Munich-based Fidor Bank was founded in 2009, and has 350,000 members and 120,000 customers in Germany and the U.K. .” Pictured: Fidor Bank Chief Innovation Officer Patrick Gruban during his presentation at FinDEVr 2016 New York.
Banking 2020
MARCH 10, 2015
The rapid emergence of crowdfunding, alternative lending, and peer-to-peer transactions strongly indicates that small businesses are shifting away from the traditional banking environment. As the owner of the relationship, the traditional banker should find ways to create more value for their clients that go beyond lending.
Independent Banker
MARCH 15, 2015
Thoughtful lending and an open mind keep profits strong for incoming ICBA chairman Jack Hartings. in Coldwater, Ohio, and ICBA’s incoming chairman, held fast to his community bank’s conservative lending practices. When the economy came crashing down in 2009, The Peoples Bank was able to work with customers facing hard times.
Gonzobanker
DECEMBER 20, 2019
The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. And Partners CEO John Janclaes helped put Kony on the market map in mid-size shops, even keynoting Kony’s conference with a leadership book in tow. Best of luck in the next chapter, Chris!
CB Insights
MAY 23, 2019
In January 2018, Outcome settled all pending lawsuits by the company’s investors on the condition that Shah and Agarwal step down from their leadership positions. LendingClub was one of many online lending services founded in the mid-2000s as entrepreneurs eyed the Byzantine financial sector as an area ripe for disruption.
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