Fintech Labs Insights

APRIL 12, 2024

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. LendingClub has agreed to pay a $2 million civil penalty to settle the matter. “As

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

OCTOBER 13, 2016

Kabbage is a data and technology platform that enables real-time lending. The business made its first loans in May 2011, and now there are now about 335 employees in four locations including the U.K., Our focus has always been on user experience and for them to get capital in less than ten minutes.

Regulation 100

Regulation Lending US FDIC 100

CB Insights

DECEMBER 4, 2019

Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. That same year, the company acquired TextPayMe , a peer-to-peer (P2P) mobile service that was relaunched as Amazon Webpay in 2011. Table of Contents: Amazon’s product strategy. Amazon’s Next Financial Pillar.

Cards 101

Cards Lending Strategy US 101

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. ‘PayFac’ technology simplifies underwriting and onboarding. Business lending and corporate cards. TABLE OF CONTENTS. Focus on developers.

Online 98

Online Company Retail Payments 98

CB Insights

APRIL 17, 2018

For the third consecutive year, we worked with The New York Times to identify and rank the top 100 venture capital professionals from around the globe. We used CB Insights data gathered via our machine learning technology (dubbed The Cruncher ) and from thousands of submissions we received from VC partners and firms via The Editor.

San Francisco 71

San Francisco CA Capital Operations 71

CB Insights

OCTOBER 5, 2017

The company entered the unicorn club in Q2’17, following a $1B Series D from CCB International and Sequoia Capital China. Investors in Mobike’s unicorn round included Hillhouse Capital Management, Industrial and Commercial Bank of China, Sequoia Capital China, and Tencent Holdings. 9/23/2011. $32. 4/7/2017. $11.

US 59

US United States Capital Company 59

Fintech Labs Insights

MARCH 2, 2017

Franchise owners will work with local small business owners in their community to support their needs for working capital. The Salt Lake City-based company will support franchisees by giving them access to Lendio’s marketplace and technology, training, marketing tools, national advertising, and partnerships.

Lending 12

Lending Community Training Capital 12

Independent Banker

JULY 30, 2015

Our proposal would make mandatory the department superintendent’s current option to extend the exam cycle from 12 to 18 months for community banks that are well capitalized and determined to be well managed with a composite condition of outstanding or good with no pending enforcement proceeding.

Community Bank 70

Community Bank New York Community Taxes 70

Javelin Strategy & Research

NOVEMBER 10, 2015

Banks and credit unions need aggregation as much as these disruptive upstarts if they hope to understand and stem the flow of profitable business to secondary financial institutions that now range from traditional rivals (other banks and credit card lenders) to nontraditional players (like Lending Club and Personal Capital).

Data 40

Data Security Management Regional 40

Fintech Labs Insights

DECEMBER 7, 2020

But we achieved a new milestone surpassing the $1 TRILLION-mark in total valuation among the 120 public and private financial technology companies. The company was founded in 2011. Ant Technology. Plaid Technologies. In November, we added just 3 new unicorns compared to 6 last month. Unicorn count: Beginning = 118. +

United States 15

United States Fintech Portland Oregon 15

Fintech Labs Insights

FEBRUARY 2, 2021

But given it’s position as powering alternative energy lending at the POS, it seemed to be more the former. Ant Technology. Plaid Technologies. The startups is expecting to go public in early 2021 via a SPAC with an estimated market cap of $1.3B. Full Fintech Unicorn List. values as of 2 Feb 2021). Value Date. 2-feb-2021.

United States 15

United States Fintech Utah Lending 15

Fintech Labs Insights

AUGUST 17, 2015

Four out of the top 100 companies are Finovate alums: Kabbage , provides working capital to small businesses online. 2011 revenue: $62,000. WePay , payment technology provider for online platforms and marketplaces. 2011 revenue: $57,000. Prosper , online P2P lending platform. 2011 revenue: $2.2

San Francisco 12

San Francisco CA Atlanta Big Data 12

CB Insights

FEBRUARY 16, 2018

P.S. On February 27, we’ll be diving into the state of autonomous vehicles and other mobility technologies. 5.78B: This week, Chinese home improvement and furniture company Easyhome raised $2.05B from investors including Alibaba Group, Yunfeng Capital, Sequoia Capital China, and JD Capital Management, among others.

US 30

US Trends Capital Apple 30

Fintech Labs Insights

FEBRUARY 2, 2021

But given it’s position as powering alternative energy lending at the POS, it seemed to be more the former. Ant Technology. Plaid Technologies. The startups is expecting to go public in early 2021 via a SPAC with an estimated market cap of $1.3B. Full Fintech Unicorn List. values as of 2 Feb 2021). Value Date. 2-feb-2021.

United States 15

United States Fintech Utah Software 15

Fintech Labs Insights

MARCH 11, 2016

Small business lending innovator, EZBOB has raised £20 million ($28.8 The round was led by Leumi Partners and Oaktree Capital Management and takes EZBOB’s total capital to more than $83 million. ’s business lending needs.” ’s business lending needs.”

Lending 12

Lending Capital Innovation Fintech 12

Fintech Labs Insights

SEPTEMBER 21, 2020

Customers: Shell, KLM, United Nations, Toyota, SITA, Lloyds Register and a range of technology startups. Founded: 2011. Capital Markets & WealthTech. The UK-based independent fintech industry group attracted 100 entries resulting in 22 finalists across 8 categories, 8 category winners and one overall champion. HQ: London.

Innovation 15

Innovation Fintech blockchain Capital 15

Fintech Labs Insights

JANUARY 11, 2016

The round was led by Acton Capital Partners and CommerzVentures; existing investors also contributed. Founded in 2011, Mambu seeks to replace core banking by offering faster access to technology at a lower cost. Over the past year, Mambu has added 30+ new customers and has added support for P2P and SME lending methods.

Capital 12

Capital America Lending US 12

CB Insights

OCTOBER 29, 2018

Date: October 2011. With Apotheker fired in 2011 for a slew of missteps that had contributed to the company’s massive losses, nothing ever came of the acquisition. Date: August 15, 2011. in 2005, the thinking was that enhanced communications technology would help buyers and sellers better connect. HP and Autonomy.

Google 76

Google Software Innovation Company 76

Fintech Labs Insights

APRIL 15, 2016

Founded: 2011. AMP Credit Technologies. Cloud Lending Solutions. Scalable Capital. HQ: Mechelen, Belgium. FinovateEurope 2016 demo. A total of 29 Finovate and FinDEVr alums were recognized in the European Fintech Top 100 list. AdviceGames. Kontomatik. Kontomatik. BehavioSec. SmartEngine. TransferWise. InvoiceSharing.

Fintech 12

Fintech San Francisco Lending Innovation 12

PYMNTS

MAY 18, 2018

while Kroger gets a stake in the company worth about 5 percent of existing share capital, valued at $247.5 Launched in 2011, the company raised around $15 million. It began by recognizing we are a food company powered by technology and continued with a laser focus on our business fundamentals,” said Hall.

San Francisco 100

San Francisco California Operations social media 100

Tefkin

MARCH 12, 2014

In the last years, most of the focus on innovation in financial services has been, it seems, on banking (investing and lending) and payment. To give a few numbers, non-life insurance market world-wide in 2011 was estimated at $1,877.2 Their minimal capital requirement for operating was around USD 45M ( [link] ). A new carrier?

Comparison 34

Comparison Lending Examples Data 34

Fintech Labs Insights

MAY 17, 2017

” Orloff added, “Our partnership is a perfect example of bringing our house-built technology, product design, and educational experiences to bear for a similarly mission-driven bank and well-deserving consumers across the country.”

San Francisco 16

San Francisco Cards Lending Community 16

Gonzobanker

DECEMBER 19, 2017

The Get Outta Dodge (and Focus) Award – Goes to Capital One for exiting a significant mortgage business to focus on cards and direct banking. The Real “Lending” Stock Award – Goes to longtime player LendingTree. Oh, by the way, that Fintech darling of two years ago Lending Club? It had another turd of a year.

Conference 91

Conference Industry Community Bank Community 91

PYMNTS

MARCH 28, 2016

Yes, the former is getting easier thanks to mobile remote deposit — even for the financially disadvantaged — thanks to innovators who are leveraging that technology and the near ubiquity of mobile phones. The rest was related to bill payment, payday lending and remittances). In 2011, the U.S. Of that $106 billion, $58.3

US 100

US Payments Course System 100

Jeff For Banks

OCTOBER 11, 2011

Liquidity is becoming a problem for these banks, and with their stocks battered daily, they have no ready sources of capital. in the second quarter of 2011. It will take time, but eventually, companies and banks will seek higher returns and invest and lend. Don’t Give Up on the Economy It is not time to give up on the economy.

DC 66

DC Security Washington Risk Management 66

CB Insights

DECEMBER 7, 2017

Mortgage technology startups are companies that apply digital processes to mortgage origination, underwriting, servicing, investment, and other associated business activities. The graphic below highlights several of the prominent technology startups now active across the mortgage industry. What is mortgage tech? Mortgage Tech.

Millennials 69

Millennials Lending United States Technology 69

CB Insights

SEPTEMBER 10, 2019

Being comfortable with the idea of alternative financial systems has opened the door to a variety of innovations, from alternative investment vehicles like cryptocurrency to point-of-sale lending alternatives. Borrowing: Credit-shy millennials embrace PoS lending. Budgeting & Saving: Millennials go mobile and embrace automation.

Millennials 77

Millennials Mobile Lending Cards 77

CB Insights

MAY 23, 2019

Crescent Ridge Capital Partners’ elaborate Ponzi scheme. The problem was that Theranos’ proprietary blood-testing technology was completely fictitious. Select Investors: AllianceBernstein, Lightspeed Venture Partners, Glade Brook Capital Partners. Select Investors: BlackRock, Norwest Venture Partners, Sands Capital.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

FEBRUARY 29, 2016

1 trillion has passed through Citi’s mobile banking solutions for corporates , the bank announced last week, hitting a milestone since CitiDirect BE Mobile launched in 2011. The cost savings surely are a win, but it’s another story as to whether banks will eventually adopt blockchain technology on a mainstream scale.

blockchain 100

blockchain Lending Payments Mobile 100

CB Insights

SEPTEMBER 19, 2017

Rounding out the top 3 are electronics company Xiaomi ($46B) and online lending platform Lu.com ($18.5B). Blum Capital Partners LP, Tiger Global Management, Sonae.com Ventures. Millennium Technology Value Partners, Spark Capital, Union Square Ventures. Sequoia Capital China, China Media Capital, DCM Ventures.

US 78

US Company Capital Groups 78

Fintech Labs Insights

JANUARY 21, 2022

Ant Technology. Plaid Technologies. Full Fintech Unicorn List. Value ($B). Value Date. Sub-Category. 2018 round. August ’21 exit to Square. Aug ’21 round. FTX Exchange. Oct ’21 round. South Korea. Nov ’18 transaction. New Zealand. Accounting. Secondary market May 21. April ’21 round. Infrastructure. Jan ’22 round. Jan ’22 round.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

OCTOBER 19, 2021

Ant Technology. Plaid Technologies. Sub-Category. 9 Sep 2021. 9 Sep 2021. 2018 round. 9 Sep 2021. 9 Sep 2021. Netherlands. 22 Sep 2021. August 2021 exit to Square. 9 Sep 2021. 9 Sep 2021. South Korea. Aug 2021 round. 9 Sep 2021. 9 Sep 2021. New Zealand. Accounting. 9 Sep 2021. Nov 2018 transaction. 9 Sep 2021. April 2021 round.

Fintech 15

Fintech Lending Payments Analytics 15

Fintech Labs Insights

NOVEMBER 22, 2021

Ant Technology. Plaid Technologies. Sub-Category. 5 Nov 2021. 5 Nov 2021. 2018 round. 5 Nov 2021. 5 Nov 2021. Netherlands. 5 Nov 2021. July 2021 round. 5 Nov 2021. June 2021 round. 5 Nov 2021. August 2021 exit to Square. 5 Nov 2021. Aug 2021 round. FTX Exchange. Oct 2021 round. 5 Nov 2021. 5 Nov 2021. South Korea. Nov 2018 transaction.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

NOVEMBER 22, 2021

Ant Technology. Plaid Technologies. Sub-Category. 5 Nov 2021. 5 Nov 2021. 2018 round. 5 Nov 2021. 5 Nov 2021. Netherlands. 5 Nov 2021. July 2021 round. 5 Nov 2021. June 2021 round. 5 Nov 2021. August 2021 exit to Square. 5 Nov 2021. Aug 2021 round. FTX Exchange. Oct 2021 round. 5 Nov 2021. 5 Nov 2021. South Korea. Nov 2018 transaction.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

DECEMBER 20, 2021

Ant Technology. Plaid Technologies. Sub-Category. 2018 round. Mar 2021 round. July 2021 round. August 2021 exit to Square. South Korea. Secondary market May 21. Checkout.com. Jan 2021 round. Jan 2021 round. One97 (PayTM). April 2021 round. Infrastructure. Oct 2021 round. Tinkoff Bank. Dec 2019 round. Aug 2021 round. Payroll/SMB.

Fintech 15

Fintech Lending Payments Security 15

Fintech Labs Insights

FEBRUARY 15, 2022

Ant Technology. Plaid Technologies. Beginning = $2.20 trillion Plus: $38B value of new entrants Less: $210B decline in value of previous unicorns _ Total (Jan 31) = $2.03 Full Fintech Unicorn List. Value ($B). Value Date. 1 Feb 2022. 2018 round. 1 Feb 2022. Ecommerce. Mar 2021 round. 1 Feb 2022. South Korea. Secondary May ’21.

Fintech 15

Fintech Lending Technology Payments 15