Celent Banking

JANUARY 28, 2016

Earlier this week, I was kindly invited to join the panel on “what’s hot in Fintech” at Citi’s Digital Money Symposium, and it was one of the central questions we debated as a group. My colleague Stephen Greer has also discussed Bank-Fintech relationships on these very pages, for example, see here and here.

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Fintech Innovation Retail Payments 100

Chris Skinner

APRIL 19, 2016

Things we’re reading today include … How money has been made over the years US bank revenues fall by most since 2011 Goldman Sachs’ slump extends to four quarters as net revenue plummets Finance leaders call for fintech forum Offshore in central London: the curious case of 29 Harley Street | Oliver Bullough Plans to …

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Fintech US 150

PYMNTS

JANUARY 7, 2021

The company noted that its banking platform is used by traditional banks as well as FinTechs, nonprofits and other businesses, with customers including ABN AMRO, N26, OakNorth, Orange and Santander. Mambu said it is also embarking on a hiring spree, with plans to double its payroll to over 1,000 by 2022.

United States 255

United States Software Capital Fintech 255

Chris Skinner

AUGUST 6, 2018

I spotted a chart the other day showing the millions of dollars lost on cryptocurrency platforms … Source: The Wall Street Journal Since 2011, there have been 56 cyberattacks directed at cryptocurrency exchanges, initial coin offerings and other digital-currency platforms around the world, according to Autonomous Research, bringing the total … (..)

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cryptocurrency blockchain Fintech Payments 228

Bank Innovation

MARCH 30, 2018

These changes were established by the Bank of England in 2011, and is referred […]. The major U.K. bank said it will be switching off access to 24 million customers as the bank restructures itself as required by national regulation.

Online 220

Online National Regulation Mobile 220

Bank Innovation

DECEMBER 13, 2017

Established in 2011, iZettle enables small business merchants across Europe and Latin America to accept card payments. Swedish payment company iZettle today announced it raised €40 million ($47.05 million) in funding to accelerate growth. The round was led by venture capital firm Dawn and The Fourth Swedish National Pension Fund.

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Company Payments America Capital 230

Fintech Labs Insights

MARCH 15, 2024

In the fintech space, only Fintech Meetup , launched in 2021, has reached critical mass this decade. Last week’s event in Las Vegas attracted a self-reported 4,000 attendees and was the talk of the fintech pods and Substacks the last few weeks. The pandemic slowed the introduction of new events.

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Conference Las Vegas Fintech Case Study 15

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’s still going under the stewardship of fintech famous Jim Marous, who modernized the name to Digital Banking Report (and recently opened the archives for free access).

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Innovation Fintech Online Mobile 15

PYMNTS

MAY 24, 2016

The drop in business for physical bank locations will come as no surprise, especially for FinTech players. ” Bank of America has reportedly reduced the number of its retail bank locations by 23 percent since 2011. “If you think about the viability of the branch, the question has to be: Are customers visiting?

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Fintech America Retail Report 100

CB Insights

OCTOBER 26, 2017

Following our previous mapping of the most well funded startups in each state and most well funded food & beverage startups in each state , we used CB Insights database to identify the most well-funded private fintech startup in each state. FINTECH TRENDS Q3 2017 RESEARCH BRIEFING. Click on the image below to enlarge.

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United States Fintech North Carolina Rhode Island 78

Alex Jimenez

AUGUST 28, 2018

What is Fintech? Fintech is a dynamic segment at the intersection of the financial services and technology sectors where technology-focused start-ups and new market entrants innovate the products and services currently provided by the traditional financial services industry." -PwC PwC Fintech Report. Fintech Growth.

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Fintech Case Study Study Millennials 40

PYMNTS

NOVEMBER 3, 2020

Repay CEO John Morris noted that the deal will strengthen the firm’s offerings while also helping the FinTech and payment processing solutions provider push into new sectors. Repay’s offerings include credit and debt, as well as automated clearing house processing and instant funding. “CPS

Atlanta 140

Atlanta Payments Software Cards 140

Chris Skinner

FEBRUARY 21, 2017

And then, GoCardless in 2011, we founded it, myself and my two co-founders, Matt and Hiroki, and I was there for almost three years, and that was my first experience with FinTech. I think the word FinTech wasn’t yet around. But it was an amazing two-year experience of building and growing and launching a startup.

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Study Training Fintech Digital Banking 283

PYMNTS

JANUARY 7, 2021

billion, with the goal of bringing FinTech businesses to public markets. Founded in 2011, SoFi has worked to leverage lending after the 2008 financial crisis, focusing on student loan refinancing. Social Capital Hedosophia is one of three special-purpose acquisition companies (SPACs) on the lookout for investment opportunities.

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Samsung Capital Lending Innovation 183

PYMNTS

MARCH 31, 2019

FinTech companies that offer new technology to help move cash and funds across borders are becoming increasingly popular and disruptive to traditional banking institutions. TransferWise was started in 2011 by two Estonians: Taavet Hinrikus and Kristo Kaarmann. They’re also often more affordable.

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Fintech Groups Cards Report 168

PYMNTS

AUGUST 15, 2019

FinTech unicorn TransferWise is now offering its money transfer services in Argentina, letting users move money to and from over 60 countries, the company said on its website and in a press release on Thursday (Aug.

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Fintech blockchain System Mobile 139

PYMNTS

SEPTEMBER 18, 2019

TransferWise, one of Europe’s top five FinTech startups , announced profits for the third fiscal year in a row, with revenue after taxes 66 percent higher than last fiscal year, CNBC reported on Wednesday (Sept. The FinTech unicorn was valued at $3.5 Net profit was £10.3 million pounds ($12.8 billion during a May funding round. .

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Report Fintech Capital Taxes 115

PYMNTS

SEPTEMBER 18, 2019

TransferWise, one of Europe’s top five FinTech startups , announced profits for the third fiscal year in a row, with revenue after taxes 66 percent higher than last fiscal year, CNBC reported on Wednesday (Sept. The FinTech unicorn was valued at $3.5 Net profit was £10.3 million pounds ($12.8 billion during a May funding round. .

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Fintech Capital Taxes Cards 115

PYMNTS

MARCH 17, 2020

London-based FinTech unicorn TransferWise said on Tuesday (March 17) that it is partnering with Alibaba’s Alipay to power international money transfers in China. . The FinTech said it handles £4 billion in transactions every month. We’re on a mission to make your life easier and save you money. TransferWise has a valuation of $3.5

Google 141

Google Fintech US Payments 141

PYMNTS

APRIL 30, 2018

In 2011, Buffett made a $10 billion investment in the company in support of then-new CEO Ginni Rometty’s turnaround plans. The first quarter of 2018 saw that shrink to 15 percent growth and 47 percent revenue. This all comes on top of Warren Buffet dumping nearly all of his IBM holdings at the end of last year.

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Fintech blockchain Lending Digital Banking 183

Chris Skinner

APRIL 24, 2017

Source: World Bank More detail about these figures can be found in the World Bank’s Global Findex report and database, which estimates that the number of people worldwide having an account equates to 62% of the world’s adult population has an account in 2014, up from 51% in 2011. In 2011, 2.5 This represents a 20% decrease.

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National Strategy Case Study Mobile 316

PYMNTS

JANUARY 21, 2019

MarketInvoice, the FinTech, announced on Monday (Jan. In a press release , MarketInvoice said the Series-B funding round was led by Barclays and FinTech fund Santander InnoVentures. According to MarketInvoice , since launching in 2011, the FinTech has funded invoices and business loans to U.K.

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Fintech Strategy Company Technology 116

PYMNTS

MAY 12, 2020

in 2011 and thus gaining a banking charter). He said, too, that to do anything in the FinTech space, “you have to have access to the nation’s banking system. So, if every payment/fintech company needs a bank, why would we, as one of the only Fintechs that owns a bank, consider selling?”. Revenues were $362.2

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Course Fintech Conference Security 136

FICO

DECEMBER 13, 2019

The guiding ethos of fintech (and really any industry portmanteau ending in ‘tech’) is move fast and break things. The most prominent villain for fintech companies is regulation. And when fintechs and challenger banks aren’t constrained by regulation (as they mostly are in the U.S. Generally this ethos is presented as a virtue.

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Regulation Fintech Lending Branding 52

PYMNTS

OCTOBER 23, 2018

The interbank payment system has become the subject of innovative efforts as FinTech firms and banks explore how to enhance automation and transparency in the process. Last year, a G20 report raised concerns about a decline in interbank relationships, which is making it more difficult for corporates to move money across borders.

America 190

America Regional Analytics Compliance 190

PYMNTS

JULY 2, 2019

The company’s technology is reportedly used by many FinTechs, among other companies, according to reports. Following a Series A in 2011, Currencycloud was launched in a more widespread manner in 2012, and has created an infrastructure for business-to-business (B2B) cross-border payments.

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New York Fintech Report Payments 100

Fintech Labs Insights

FEBRUARY 22, 2022

Since cryptocurrency is such a hot sector, we created a separate offshoot of our Fintech Unicorn list tracking crypto/blockchain startups involved in financial services ( see definitions below ). Related: 281 Fintech Unicorns of the 21st Century (Feb 2022). crypto exchange, lender, accounting, blockchain infrastructure, and so on ).

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Fintech Bitcoin blockchain Lending 15

Jeff For Banks

DECEMBER 12, 2015

FinTech, FinTech, FinTech! A banker told me yesterday that if I wanted headlines in American Banker , put FinTech in my copy. So FinTech (six) firms need capital and revenues to grab a foothold in the financial services market. If looking for a FinTech (seven) partner, follow your vendor management procedures.

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Fintech Capital Cards Bitcoin 60

PYMNTS

OCTOBER 30, 2018

It will also involve various verticals, from FinTech to healthcare and artificial intelligence (AI). NXMH is an investment firm based in Brussels, but owned by Nexon Holdings (NXC), a South Korean company, while Bitstamp is a digital currency exchange, based in Luxembourg, that was started in 2011.

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Google Bitcoin blockchain Training 123

PYMNTS

MAY 3, 2016

2011 | The year Stripe launched to the public (September 2011) after it ran its private beta. 2011 | The year Stripe launched to the public (September 2011) after it ran its private beta. Soon after, in May 2012, it closed a $20M Series B funding round.

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Data Course Payments Fintech 100

PYMNTS

JANUARY 7, 2021

Online FinTech startup SoFi announced Thursday (Jan. The FinTech IPO Market. 7) that it was merging with publicly-traded Social Capital in an $8.6 billion deal that brings it instant liquidity and avoids the uncertainty of the initial public offering (IPO) process, while leaving it better positioned to take on legacy banks.

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Capital Los Angeles Boston Lending 150

Fintech Labs Insights

FEBRUARY 22, 2022

Since cryptocurrency is such a hot sector, we created a separate offshoot of our Fintech Unicorn list tracking crypto/blockchain startups involved in financial services ( see definitions below ). Related: 281 Fintech Unicorns of the 21st Century (Feb 2022). crypto exchange, lender, accounting, blockchain infrastructure, and so on ).

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Fintech Bitcoin blockchain Lending 15

PYMNTS

MAY 27, 2020

CEO Anthony Noto told CNBC’s “Squawk on the Street” that the FinTech company’s investing platform has seen a significant uptick in user numbers since January. Founded in 2011, SoFi made its reputation by refinancing student loans for millennials. Since then, it has expanded its financial products to offer personal and mortgage loans.

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Samsung San Francisco National Millennials 131

PYMNTS

DECEMBER 2, 2018

percent loss is bitcoin’s worst month on record since August 2011. We see an immense opportunity for private equity investments in cutting-edge technological developments, particularly in Asia and in industries such as FinTech and blockchain. By December 1, it was trading at just $3,964.

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Bitcoin blockchain cryptocurrency Trends 145

PYMNTS

JANUARY 7, 2020

percent through the third quarter of 2019 and is on track to be the second-best year after 2011. New York-based FinTech startup Capital, an alternative financing company for startups, launched on Wednesday (Oct. Goldberg said funding rounds in excess of $100 million typically are offered double the amount being sought. .

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US San Francisco Analytics Capital 132

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. It’s currently tied for 96th most valuable across all fintech, and 36th most valuable payments company. Full Fintech Unicorn List. 2-feb-2021.

United States 15

United States Fintech Utah Software 15

PYMNTS

DECEMBER 11, 2018

Tribeca Venture Partners , which led the company’s Series A round in 2011, led the financing. We are extremely fortunate to be backed by some of the top investors in both FinTech and [Software-as-a-Service (SaaS)].

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Mobile Payments Software Capital 125