2010 Innovation Lending Online 
PYMNTS
SEPTEMBER 18, 2018
And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Necessity is the mother of invention. Mortgages ?
Bank Innovation
JUNE 22, 2018
For a long time, expensive underwriting kept banks away from small business lending. The most recent example of a bank taking note of this area is KeyBank’s acquisition of Bolstr’s SMB-focused digital lending platform, which it announced this week. Founded in 2010, Bolstr is a […]. But not anymore.
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PYMNTS
JUNE 21, 2018
KeyBank has acquired a digital lending platform for small businesses developed by Bolstr , the financial institution (FI) announced Wednesday (June 20). The solution supports online loan applications and other digital features that accelerate the borrowing process for entrepreneurs.
PYMNTS
APRIL 3, 2019
Evolocity has provided more than CAD$240 million (about USD$180 million) to small businesses since its launch in 2010, reports said. OnDeck first launched its small business lending operations in Canada in 2016. Breslow at the time said the year was a “pivotal” one for the company. ”
PYMNTS
OCTOBER 21, 2019
As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. When most people asked “what’s next?” Old Problems, New Paradigms .
Fintech Labs Insights
APRIL 12, 2024
Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. The last one, published in Jan 2014, featured 50 innovations (see below).
CB Insights
FEBRUARY 13, 2020
As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.
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