Fintech Labs Insights

JUNE 29, 2023

Companies with a significant volume of credit/debit card payments rely heavily on payment processors to keep them afloat. Stripe FAB Score = 11,400 (up 700 from April) – HQ: San Francisco – Founded: 2010 – Raised $8.7B Downtime equals lost revenue, so it’s not a function easily entrusted to a startup. including $6.5B

Online 15

Online San Francisco Payments Fintech 15

Celent Banking

NOVEMBER 17, 2015

The lack of “just right” solutions for many small business financial problems has been a golden opportunity for FinTech firms. In the FinTech space, much of the focus is on consumer-oriented solutions like Mint for financial management, Venmo for P2P payments, and Prosper for social lending.

Report 100

Report FDIC Lending Fintech 100

PYMNTS

OCTOBER 17, 2017

Walmart claimed it wanted to leverage the proposed bank mainly for the purpose of lowering costs of its backroom processing of check and credit card transactions and to offer high-interest certificates of deposits. But, as SoFi and now Square have demonstrated, the interest is there, and the FinTechs aren’t going away.

Industry 108

Industry Fintech FDIC Community Bank 108

Gonzobanker

JANUARY 17, 2020

In the years 2010-2020, new tech adoption transformed customer expectations. We are in the infant stages of integrating digital marketing and online origination. Today, most institutions generate fewer than 5% of deposit accounts online. We are entering the “tech decade” in banking. This must change from the top.

Customer Experience 126

Customer Experience Fintech Regional Cards 126

Fintech Labs Insights

JUNE 27, 2023

Enter the digital insurance challengers aiming to fill the gaps through simple online/mobile interfaces. Here are the biggest players in the United States ranked by our FAB score ( Fintech Attention Barometer ). NEW : Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses?

Online 15

Online Denver San Francisco DC 15

Fintech Labs Insights

JANUARY 21, 2022

At FintechLab s we maintain a list of 21st-century fintech unicorns* updated constantly ( current list here ). Full Fintech Unicorn List. In December, we added 7 new unicorns for a month-end total of 273. Their total market value is now $2.1 trillion, down $110B from last month. Unicorn count: Beginning (Dec 1) = 266. trillion. .

Fintech 15

Fintech Lending Payments Security 15

Abrigo

SEPTEMBER 20, 2021

Data collection for small business lenders Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. Commenters have until Nov.

Lending 195

Lending Data Compliance Regulation 195

Fintech Labs Insights

DECEMBER 13, 2021

And it’s an area often lacking in traditional online banking services. We divided the payment providers into four categories: Charge card and expense management ( see our list here ). We call it the FAB score, standing for Fintech Attention Barometer. Founded: 2010. Founded: 2010. Payment processors (coming soon).

San Francisco 15

San Francisco Online Seattle Denver 15

Fintech Labs Insights

NOVEMBER 22, 2021

At FintechLabs we maintain a list of 21st-century fintech unicorns* updated constantly ( current list here ). Full Fintech Unicorn List. In October, we added 22 new unicorns for a total of 260. Their total market value is now $2.23 trillion, just $20B more than last month (essentially flat). Unicorn count: Beginning (Oct 1) = 238. +

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

DECEMBER 15, 2021

Companies with a significant volume of credit/debit card payments rely heavily on payment processors to keep them afloat. Note: We divided the payment providers into four categories: Charge card and expense management ( see list here ). We call it the FAB score, standing for Fintech Attention Barometer. Founded: 2010.

San Francisco 15

San Francisco Online Payments United States 15

Fintech Labs Insights

AUGUST 12, 2014

Fintech (note 1) has been part of YC from the beginning. The first class (Summer 2005) included one fintech startup, TextPayMe, among the eight companies. But as YC grew from 2005 to 2009, the number of fintech companies stayed at roughly 1 per year. PayTango [link] PayTango links the cards in your wallet to your fingerprints.

Fintech 26

Fintech Bitcoin Cards Online 26

Fintech Labs Insights

DECEMBER 20, 2021

At FintechLabs we maintain a list of 21st-century fintech unicorns* updated constantly ( current list here ). Full Fintech Unicorn List. In November, we added 9 new unicorns, and lost 3, for a month-end total of 266. Their total market value is now $2.23 trillion, down $30B from last month (essentially flat). Total market value = $2.20

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

DECEMBER 2, 2021

Enter the digital insurance challengers aiming to fill the gaps through simple online/mobile interfaces. Here are the biggest players in the United States ranked by our FAB score ( Fintech Attention Barometer ). NEW : Looking for digital banks, lenders or corporate charge/credit cards serving small businesses? Founded: 2010.

Online 15

Online Denver DC Atlanta 15

Fintech Labs Insights

JULY 7, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). Trulioo , Canadian fintech security company. Full Fintech Unicorn List. In June, we added 12 new unicorns for a total of 199. Their total market value is now $1.91 trillion, up $190B fro m last month. Total (June 30) = 198.

United States 15

United States Fintech Bitcoin Capital 15

Fintech Labs Insights

JUNE 3, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). US fintech insfrastructure. Full Fintech Unicorn List. In May, we added 16 new unicorns for a total of 187. Their total market value is now $1.72 trillion, up $50B from last month. Unicorn count: Beginning (May 1) = 171. +

United States 15

United States Fintech US Technology 15

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. The first, Divvy, is a corporate credit card and expense management firm in the same category with Brex, Expensify, and others. trillion up from $1.25

United States 15

United States Fintech Utah Lending 15

Fintech Labs Insights

AUGUST 10, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). Danish card company Pleo. Full Fintech Unicorn List. In July, we added 10 new unicorns for a total of 208. Their total market value is now $2.0 trillion, up $120B fro m last month. Unicorn count: Beginning (July 1) = 198. +

United States 15

United States Fintech Technology Company 15

Independent Banker

JUNE 30, 2022

So, when the community bank’s leadership learned of a fintech that needed a bank partner to launch a credit-building tech product, they were intrigued. That meeting four years ago led to the launch of Lead Bank’s Credit Builder Account program, which is accessed through an app developed by Self Financial, a fintech. Lee’s Summit, Mo.

Community Bank 172

Community Bank Community National Philadelphia 172

Fintech Labs Insights

NOVEMBER 23, 2020

Just out of stealth, Seattle-based fintech startup Secure Save is on the winning side of all these trends. To use the money, the startup provides virtual debit card numbers in its wallet for in-person, phone, or online purchases. Unicorn watch : Who will be the first fintech founded in 2019 or 2020 to become a unicorn?

Security 15

Security Fintech Seattle Taxes 15

Fintech Labs Insights

SEPTEMBER 16, 2015

Then, Empyr launched its online-to-offline ad platform: “93% of commerce, over 4 trillion dollars, is still offline. It’s frictionless because it leverages something we all use: credit and debit cards. There are no coupons, loyalty cards, or apps for consumers and no hardware to install for offline advertisers.

San Diego 12

San Diego Online CA Cards 12

Fintech Labs Insights

APRIL 18, 2016

YC is less well known, but equally successful in the fintech vertical with Stripe and Zenefits , along with two Finovate alums, ZenPayroll and Coinbase , all in the $500+ million club (based on most recent funding). YC has hatched just 85 fintech companies (see list below), most in the past 30 months. Fintech Companies.

Fintech 12

Fintech Bitcoin Taxes Cards 12

Independent Banker

DECEMBER 29, 2015

ICBA warns of risks of online marketplace lending models. Online marketplace lenders are a new form of nonbank specialty lending that uses technology platforms to allow Wall Street and individual investors to directly fund loans to consumers and small businesses. Typical Practices of Online Lenders. By Howard Schneider.

San Francisco 70

San Francisco Lending New York City Online 70

PYMNTS

DECEMBER 30, 2016

Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms. “How When the experience is good and easy there as it is online, they’ll make the purchase in a heartbeat.”.

Retail 123

Retail Online Customer Experience Trends 123

Fintech Labs Insights

NOVEMBER 19, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. Founded: 2010.

Atlanta 15

Atlanta Utah Miami DC 15

CB Insights

NOVEMBER 6, 2018

Combined, these 31 European startups have raised more than $21B in total funding, and operate across industries including fintech, e-commerce, healthcare, and more. Company Description: Founded in 2012, this Berlin-based company runs an online used car exchange via a family of sites such as Auto1.com, Valuation: $2.5B. Valuation: $2B.

Groups 76

Groups Capital Operations Fintech 76

CB Insights

SEPTEMBER 10, 2019

Download the free report to find out how fintech is shaping the future of wealth management and investing. As millennials head deeper into adulthood and make more money, the personal finance space is adapting to their unique money management attitudes in a few key ways: From in-person to online. From big banks to big tech.

Millennials 77

Millennials Mobile Lending Cards 77

PYMNTS

DECEMBER 28, 2018

consumers owe roughly 26 percent of their annual income to debt, up from 22 percent in 2010. These secretly vulnerable consumers, Webster noted, often use debt to make ends meet, either on credit cards or through alternative vehicles like online lenders. According to the Federal Reserve , U.S. That amounts to $13.2

Millennials 145

Millennials Lending System Data 145

Fintech Labs Insights

NOVEMBER 19, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. Founded: 2010.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 19, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. Founded: 2010.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

DECEMBER 30, 2015

For just the fourth time this year, weekly fintech fundings fell below the $100-million mark with 15 companies raising a total of $51 million. Bowers is the founder of iPay Technologies, which demoed at the first Finovate in 2007, was acquired by Jack Henry in 2010. Mobile & online payments. Mobile bank/card.

Company 12

Company New York City Fintech Kentucky 12

Fintech Labs Insights

SEPTEMBER 3, 2014

But in my 22 years of banking online, I don''t recall ever being prompted to update my income so that my card issuer could reconsider my line size. Clicking through the email places the cardholder onto the normal online banking login screen. Capital One Credit/Debit Cards Email Samples'

Capital 24

Capital Cards Online Fraud 24

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 2019 Industry Oh Sh*t Moment Award – Goes to Apple and Goldman Sachs for the Apple Card launch. Most Egregious Fintech Valuation – Chime , which went fromone funding round at $1.5

Idaho 148

Idaho Conference Data Marketing 148

Fintech Labs Insights

AUGUST 11, 2015

The network closes the gap between online advertising and off-line purchases, providing cash back for dining at selected restaurants. It finally connects the online world to the offline world.” ” Mogl specializes in a field called Online-to-Offline Commerce.

San Diego 12

San Diego New York Capital California 12

CB Insights

MARCH 2, 2018

They also know how successful a retailer can be if it builds a leading e-commerce presence and brings a country into online retail. Those users combined to spend $18.38B on online retail from Sept ‘16 – Sept ‘17. Research from Morgan Stanley projects the online retail market will explode from $15B in 2016 to $200B in 2026.

Regional 68

Regional Retail Marketing Online 68

Fintech Labs Insights

DECEMBER 14, 2016

Commerce monetization company Empyr announced yesterday that crowdsourced reviews giant Yelp is the latest company to join its card-linked offers empire. Yelp launched Yelp Cash Back , which uses a card-linked rewards service powered by San Diego-based Empyr. Empyr’s parent company, MOGUL, was cofounded by Jon Carder in 2010.

San Diego 12

San Diego Cards Online Branding 12

CB Insights

MAY 15, 2019

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. Notable projects: Card Free Access is a program developed out of the lab that allows Wells Fargo Banking customers to access ATMs through a variety of methods without their cards.

Innovation 78

Innovation blockchain Technology Groups 78

Fintech Labs Insights

AUGUST 31, 2016

” The Palo Alto-based company offers three solutions that speed the online checkout process: Fastfill , an ID-scanning app that automatically fills in information on forms. BAM Checkout , which integrates credit card and driver license scanning into mobile checkout in order to eliminate friction.

Leadership 16

Leadership Company Mobile Cards 16