article thumbnail

Whatever Happened To…Kabbage

PYMNTS

The year was 2009, and it was rough for some, but a fertile ground for others. “I Kabbage is a data and technology platform that enables real-time lending. Our focus has always been on user experience and for them to get capital in less than ten minutes. To date, the business has provided over $2.5

article thumbnail

Who Will Disintermediate The Intermediaries?

PYMNTS

That was until Amazon branched out of books and niche players like Etsy provided a different and better product selection with a cleaner user experience less than a decade later. All of these same forces are disrupting banking and lending. These virtual assistants can also buy the products consumers find with their help.

Retail 117
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

M-Pesa’s Quiet Mobile Revolution 10 Years In

PYMNTS

However, in his capacity as Safaricom’s CEO, Joseph saw that M-Pesa could play much bigger role on the larger stage of micro-transactions over and above lending — it could change the way people move and manage money. He said it’s a priority to refine the user experience and offer new services.

Mobile 119
article thumbnail

Prosper Freshens Up the Retail Investor Experience

Fintech Labs Insights

Peer-to-peer (P2P) lending platform Prosper launched a revamped user experience for its retail investors today. The San Francisco-based company’s enhanced investor dashboard offers two new tools: Auto-invest: within seconds Prosper applies the user’s saved criteria to invest on their behalf.

Retail 17
article thumbnail

Finovate Alums Earn Spots in FinTech Forward 20 “Companies to Watch”

Fintech Labs Insights

These 10 companies range from payments innovators and security specialists to alt-lending platforms and mobile banking app builders – and even include a pair of alums that have earned multiple Best of Show awards. Founded in 2009. Founded in 2009. Headquartered in Pittsburgh, Pennsylvania and New York City.

Company 16
article thumbnail

From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

Lending Club made changes to its business model that created new opportunities for growth. Lending Club. Alibaba first invested soon afterward, participating in the company’s $12M Series B in 2009. The company started building self-driving car technology 10 years before Google launched its self-driving efforts in 2009.

Lending 78
article thumbnail

37 Corporate Innovation Labs In Finance

CB Insights

Working with the lab, the Eyevido team was able to conduct eye-tracking studies of Deutsche Bank’s retail banking websites to help improve the user experience for customers. Founded: 2009. FinLab users have access to digital specialists, R&D experts, and accelerator programs. Founded: 2009.