Celent Banking

NOVEMBER 17, 2015

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. Many of the top FinTech companies—Square for card acceptance, Stripe for e-commerce, and Kabbage for business loans, have gained prominence serving primarily small businesses.

Report 100

Report FDIC Lending Fintech 100

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., The goal of all that money is, of course, to lend to small business owners. To date, the business has provided over $2.5

Regulation 100

Regulation Lending US FDIC 100

CFPB Monitor

JUNE 15, 2020

According to the agency’s press release , the final rule is designed to increase CRA-related lending, investment and services in low- and moderate-income (“LMI”) communities where there is significant need for credit, responsible lending, and greater access to banking services.

Community 60

Community FDIC Lending Examples 60

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. lending marketplace. Attorney Alex Tse. “We The Response.

Lending 135

Lending Fraud Management San Francisco 135

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

Fintech Labs Insights

NOVEMBER 10, 2023

Centered around deposit and debit/charge card services Predominantly focused on consumers Primarily digitally delivered (rules out Wells Fargo, BofA, and the majority of traditional banks*) Founded since 1999 Do you run a small business :? 197,000 $1,700 2 Robinhood 6080 2013 SF 17,190,000 $6,200 3 SoFi 4017 2011 SF 13,080,000 4.6

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

Fintech Labs Insights

SEPTEMBER 3, 2020

Back in the early post-financial-crisis days, 2011, Green Dot picked up Utah’s Bonneville Bancorp for $16M. And more recently, Lending Club has a $185M acquisition of Radius Bank pending, though the lender’s $80M Q2 loss is not going to help ease regulators’ concerns. But regulators are not exactly on board.

Fintech 15

Fintech FDIC Oakland Minnesota 15