PYMNTS

AUGUST 26, 2016

Nate Stewart, Group Product Manager for BigCommerce , an eCommerce platform with deep roots in Austin, provided a glimpse into what really helps Austin stand apart and why startups can’t help but flock to the city. In this week’s edition of PYMNTS’ Weekly Tech Center Roundup , we take our first look at a U.S. to start a small business.

Austin 100

Austin Fintech New York City Community 100

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. The post Top 63 Online Digital Banks for U.S. Consumers (Nov 2023) first appeared on Fintech Labs SMB Center. 8,860 $2,300 6 Upgrade 1426 2016 SF 3,013,000 4.5

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

William Mills

JUNE 16, 2016

But bigger than that, we began getting caught up in this world of “fintech” long before it became the latest overnight sensation, which – by the way – has actually been more than 10 years in the making. What the heck is fintech and why do we care? People are way more comfortable managing their money and business online.

Fintech 40

Fintech Industry User Experience US 40

William Mills

JUNE 16, 2016

But bigger than that, we began getting caught up in this world of “fintech” long before it became the latest overnight sensation, which – by the way – has actually been more than 10 years in the making. What the heck is fintech and why do we care? People are way more comfortable managing their money and business online.

Fintech 40

Fintech Industry User Experience US 40

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

JUNE 25, 2020

Launched in 2010, New York City’s Fintech Innovation Lab is the longest-running fintech-only accelerator. Order of demos (note each pitch is preceded by a short intro from one of the accelerator’s FI partners): Knoema (15:18) Helps companies manage, catalog, and discover data assets. Collectively raising $1.2B

Fintech 15

Fintech Innovation New York Data 15

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. The fintech bubble will lose air soon – but this could be an opportunity.

Customer Experience 127

Customer Experience Fintech Regional Cards 127

Fintech Labs Insights

JUNE 25, 2020

Launched in 2010, New York City’s Fintech Innovation Lab is the longest-running fintech-only accelerator. Order of demos (note each pitch is preceded by a short intro from one of the accelerator’s FI partners): Knoema (15:18) Helps companies manage, catalog, and discover data assets. Collectively raising $1.2B

Fintech 15

Fintech Innovation New York Data 15

Fintech Labs Insights

DECEMBER 15, 2021

Note: We divided the payment providers into four categories: Charge card and expense management ( see list here ). Subscription management platforms (coming soon). We call it the FAB score, standing for Fintech Attention Barometer. Founded: 2010. Years since founding: 10 to 15 years >>> 3 startups.

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. Pay with with Dwolla or Bitcoin, and manage all your orders in one place.

Fintech 26

Fintech Bitcoin Cards Online 26

PYMNTS

MAY 17, 2018

Handy — an online service enables consumers to hire plumbers, house keepers and similar workers — has lobbied at least eight states to “permanently classify most gig workers as independent contractors,” according to a CNN report Monday (May 14). After all, the total collective annual earnings of U.S. gig workers stands at $1.4

Payments 110

Payments Los Angeles California Survey 110

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

PYMNTS

MAY 17, 2018

Handy, whose online service enables consumers to hire plumbers, house keepers and similar workers, has lobbied at least eight states to “permanently classify most gig workers as independent contractors,” according to a CNN report Monday (May 14). The gig economy back in 2010 might have been, ‘Design a website, and I’ll mail you a check.

Payments 100

Payments California Survey United States 100

Fintech Labs Insights

SEPTEMBER 2, 2016

Since being acquired by BlackRock a year ago , online investment advisor FutureAdvisor has inked partnerships with BBVA Compass and RBC Wealth Management. Bank Wealth Management. For investment management, FutureAdvisor charges an annual fee of 0.5% Bank Wealth Management appeared first on Finovate.

Management 20

Management San Francisco Taxes California 20

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: $3.0B. NuCom Group.

Groups 76

Groups Capital Operations Fintech 76

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. They provide the software and services for businesses to establish and manage a so-called Emergency Savings Plan (ESP). Unicorn watch : Who will be the first fintech founded in 2019 or 2020 to become a unicorn?

Security 15

Security Fintech Seattle Taxes 15

PYMNTS

MARCH 1, 2017

The majority, at 72 percent, came from FinTech. Within FinTech, banking held sway. Founded in 2010, the company offers a SaaS-based subscription technology platform and builds tools for brands and merchants looking to add subscription services to their retail repertoire. This marks Ant’s expansion into Korea.

Branding 100

Branding Retail Software User Experience 100

Independent Banker

FEBRUARY 24, 2016

The quickness with which these Wall Street-driven nonbank lenders—variously called peer-to-peer, online marketplace or financial technology (FinTech) lenders—can fulfill borrowers’ requests has enabled alternative lending to double every year since 2010.

Community Bank 70

Community Bank Community Lending FDIC 70

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

Lex Sokolin

APRIL 29, 2019

Given that the firm has a little over $10 billion in managed investment assets, charges somewhere between 0 and 25 bps on those assets, and took years of wiggly pivoting to get to the current stage, it is fair to consider this influx a big win in terms of client traction. Conversion is now way easier than in 2010. You read that right.

Mobile 45

Mobile Fintech Capital Lending 45

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 trillion, up 18.5

Millennials 145

Millennials Lending System Data 145

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. The Kentucky-based company has developed a vendor management platform for banks and credit unions. Vendor management for financial services companies. Investment portfolio management .

Company 12

Company New York City Fintech Kentucky 12

PYMNTS

NOVEMBER 1, 2019

At an industry event earlier this week, Amazon officially announced that it is partnering with FinTech firm Paymentus to offer users the option of paying online or by voice using Alexa. And, Eckert told Webster, more easily manageable from a financial perspective for the customer.

Payments 101

Payments Retail Florida Regulation 101

Fintech Labs Insights

JUNE 21, 2016

Money management solutions provider MX launched a new feature to bolster its suite of MoneyDesktop offerings, which include budgeting, account aggregation, transaction history, etc. Founded in 2010, MX is a five-time Best of Show winner at Finovate. View financial trajectory on a monthly or yearly basis.

San Francisco 18

San Francisco Utah Conference Data 18

PYMNTS

FEBRUARY 25, 2020

Business-facing FinTechs have trailed behind innovation-targeting consumers – so looking back a decade ago, at the mere early rumbles of an eventual FinTech boom, it’s perhaps unsurprising that B2B FinTech was hardly a blip on the radar. Finding the Sweet Spots.

Compliance 184

Compliance Taxes Fintech Resources 184

Fintech Labs Insights

OCTOBER 6, 2015

MX launched its core Digital Money Management (DMM) solution, MoneyDesktop, in October 2010 and, in just five years, has become one of the fastest growing fintech companies and the DMM provider of choice to more than 550 banks and credit unions. mx.com | moneysummit.mx.com | @MXenabled.

Software 12

Software User Experience Study Innovation 12

Fintech Labs Insights

AUGUST 11, 2015

The investment was led by Aequitas Capital Management and featured participation by Avalon Ventures, Correlation Ventures, Monroe Capital, Moore Venture Partners, Sigma Partners, and Sysco Ventures. The network closes the gap between online advertising and off-line purchases, providing cash back for dining at selected restaurants.

San Diego 12

San Diego New York Capital California 12

Fintech Labs Insights

JANUARY 26, 2016

MacDonald has roots in the fintech industry; he served as the first CMO of Fiserv ( FinovateFall 2015 demo ) and has held executive positions at Checkpoint ( FinovateFall 2008 demo ) and Qualcomm ( FinovateFall 2009 demo ). MacDonald isn’t the only well-known fintech player MX has recruited.

San Francisco 12

San Francisco Utah User Experience New York 12

Fintech Labs Insights

JANUARY 20, 2016

Motif Investing , an online thematic investment broker, added a new feature today that will simplify the lives of investors. Because recurring transfers are mindless, the “ set it and forget it” approach of the new feature has the potential to increase the San Mateo-based company’s assets under management.

Management 12

Management Strategy Capital Online 12

Fintech Labs Insights

DECEMBER 5, 2016

San Francisco data visualization specialist – and Finovate Best of Show winner – Quid has launched a new solution to help make big data a little easier to manage. Founded in 2010 and based in San Francisco, Quid demonstrated Opus at FinovateSpring 2016, earning a Best of Show award.

San Francisco 12

San Francisco Data Big Data Case Study 12

Fintech Labs Insights

OCTOBER 18, 2016

If you are Toronto-based identity and authentication specialist, SecureKey Technologies , what’s a nine-letter word for Canadian FIs commited to improving online security? A Best of Show winner from its demo at FinovateFall 2010, SecureKey announced in September that CBIC had joined its authentication service, SecureKey Concierge.

Capital 12

Capital Security National Technology 12

Fintech Labs Insights

AUGUST 31, 2016

Credentials management company Jumio pulled in $15 million this week. ” 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. Since launching in 2010 Jumio has facilitated 30 million transactions.

Leadership 16

Leadership Company Mobile Cards 16

Fintech Labs Insights

APRIL 11, 2016

Credit and loan management tool site Credit Sesame has introduced SnapLoan , a platform that helps qualified consumers quickly obtain a loan. ” Credit Sesame is piloting SnapLoan via a partnership with BorrowersFirst, an online lender powered by Cross River Bank that offers personal loans ranging from $2,500 to $35,000.

California 12

California Tools Online Management 12

CB Insights

JULY 16, 2017

HCS went through a major management shakeup in November 2016 when former AIG head of commercial insurance strategy and innovation Greg Wolyniec joined as president and CEO, while AIG president of liability and financial lines Alexander Baugh was named chairman of HCS’ board of directors. Allianz Ventures. Number of investments: 7.

Strategy 28

Strategy Marketing Analytics Innovation 28

CB Insights

DECEMBER 5, 2017

Assurant most recently made a $5M investment in professional rental management company Vacasa , while AIG made investments in 2015 in construction-site wearable safety firm Human Condition Safety and cyber defense services and compliance firm K2 Intelligence. Allianz Ventures. Number of investments: 6. American Family Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

Fintech Labs Insights

JULY 8, 2016

Legg Mason has acquired a majority stake in online investment advisor Financial Guard. Financial Guard will become a part of Legg Mason’s alternative distribution strategies business which specializes in helping the global asset manager’s investment affiliates leverage financial technology to serve customers better.

Utah 15

Utah New York Technology Financial Technology 15

Fintech Labs Insights

NOVEMBER 19, 2015

By year-end they are expected to amass $53 billion under management, up more than 3x from $16 billion last year. While these numbers are dwarfed by the $20 trillion wealth management market, robo-advisor growth has garnered much attention. Robo-advisors have been on a roll.

Capital 12

Capital San Francisco New York Meeting 12