Celent Banking

NOVEMBER 17, 2015

The lack of “just right” solutions for many small business financial problems has been a golden opportunity for FinTech firms. 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.

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Report FDIC Lending Fintech 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 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

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.

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United States Fintech Utah Software 15

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.

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United States Fintech Utah Lending 15

Fintech Labs Insights

DECEMBER 7, 2020

At FintechLIVE , we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). The company was founded in 2011. Full Fintech Unicorn list (values as of 2 Dec 2020). In November, we added just 3 new unicorns compared to 6 last month. Unicorn count: Beginning = 118. + 3 born this month. – 2-Dec-2020.

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United States Fintech Portland Oregon 15

Fintech Labs Insights

MARCH 12, 2024

BillGuard launched its service in 2011 winning Best of Show at Finovate ( see demo ). However, the service was discontinued in 2017 since it was not core to Prosper’s consumer lending business. The company was acquired by Prosper in 2015 for a reported $30 to $40 million, not a bad outcome in 2015.

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Conference Cards Fintech Management 15

Jeff For Banks

MARCH 20, 2016

billion in equity capital since its founding in 2011. Since 2011, SoFi has funded over $6 billion in loans (through December 15, 2015). SoFi started in 2011, so the tide has not yet gone out on them. How good is their system compared to FICO, or other FinTechs that feel they are more evolved in credit risk management?

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Virginia Risk Management Capital Comparison 60

Tomorrow's Transactions

DECEMBER 5, 2016

By “European lines”, I meant that a regulatory framework which separated systemically risky operations such as lending people money from systemically unrisky operations such as low-value payments would benefit all concerned. From Regulator will start issuing bank charters for fintech firms.

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Fintech Regulation Lending System 30

Fintech Labs Insights

SEPTEMBER 3, 2020

At one time or another, every consumer fintech company wonders if they should buy a bank. But most fintech startups want to buy a ticket to the financial rails, not a large customer base. Back in the early post-financial-crisis days, 2011, Green Dot picked up Utah’s Bonneville Bancorp for $16M. CBW Bank in a similar category.

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Fintech FDIC Oakland Minnesota 15

Fintech Labs Insights

SEPTEMBER 21, 2020

The UK-based independent fintech industry group attracted 100 entries resulting in 22 finalists across 8 categories, 8 category winners and one overall champion. Founded: 2011. Fintech Startup of the Week: Challenger Jiko Buys a $100M U.S. Innovate Finance broadcast the finals of its Pitch360 competition over Zoom in July.

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Innovation Fintech blockchain Capital 15

Fintech Labs Insights

NOVEMBER 4, 2021

Lendio first launched to the public at Finovate in May 2011 (7 minutes). . I first met Lendio when they demo’d on stage at our fourth FinovateSpring back in 2011 (see demo above ). Founded: 2011 (though it was originally founded in 2006 as FundingUtah). The 238 Fintech Unicorns of the 21st Century (Sep 2021).

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Utah Google Cards Lending 15

Fintech Labs Insights

AUGUST 26, 2020

27 of the total were fintech companies, a fairly typical 14% of the YC batch. Though back when YC was just starting, only a handful were fintech. In the first 9 years of YC (2005 thru 2013), only 24 YC companies were in the fintech space though two of those early participants are now decacorns ($10B+). Year Fintech.

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Fintech Cards Lending cryptocurrency 12

Fintech Labs Insights

MAY 13, 2015

CUneXus showed off cplXpress : “Our cplXpress platform allows lending institutions to empower their customers with perpetual loan approval across multiple product lines. Founded: October 2011. The post CUneXus Demos Comprehensive PreScreened Lending Platform appeared first on Finovate. Product Launch: December 2013.

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Lending San Francisco CA Mobile 12

Fintech Labs Insights

NOVEMBER 10, 2023

Leading Digital Consumer Banks (United States)* ranked by our FAB score (Fintech Attention Barometer**) Company FAB Score** Founded HQ Web Visits (Oct ’23) TrustPilot Score TrustPilot Reviews Funding ($M) 1 Wise (Transferwise) 10581 2011 London 38,100,000 4.2 Consumers (Nov 2023) first appeared on Fintech Labs SMB Center.

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Digital Banking Online Atlanta Las Vegas 15

Fintech Labs Insights

APRIL 27, 2016

This week, small business lender Mayava Capital honored the most influential people in small business lending in its Marketplace Lending Power 20 awards. The recipients in order of rank: Lending Club CEO & Founder, Renaud Laplanche. Added a small business lending option in 2015. Took the company public in 2014.

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Lending San Francisco Utah Capital 12

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. You are almost guaranteed a multi-million funding. During the past 4.5

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Fintech Bitcoin Cards Online 26

CB Insights

DECEMBER 4, 2019

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. This report is a collection of everything we know about Amazon’s foray into banking, financial services, and fintech. Amazon Lending.

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Cards Lending Strategy US 101

Lex Sokolin

OCTOBER 14, 2020

And this realization takes us to Lending Club. Peerless Lending Lending Club represents an era of Fintech credit. Nobody actually wants to do the homework of selecting Lending Club notes, unless they are finance geeks (like us) or have some adverse incentives (packaging the product for someone else downstream).

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Lending User Experience Google United States 52

Jeff For Banks

MARCH 3, 2018

More talk about fintech, dinosaur bankers, and flavors of the month. When I wrote that post in January 2011 there were 7,700 FDIC insured financial institutions. SunTrust - Developed Lightstream , a national online lending platform to provide consumer loans for practically any purpose. or Idea Killers? Much to my chagrin.

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Apple Millennials Massachusetts FDIC 67

Fintech Labs Insights

APRIL 15, 2016

Last night in Amsterdam the 2016 European Fintech Awards celebrated innovators shaping the future of finance. Four of the winners are Finovate and FinDEVr alums, including BehavioSec, who won the overall award of Best European Fintech Company of 2016: BehavioSec. Founded: 2011. Cloud Lending Solutions. Xpenditure.

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Fintech San Francisco Lending Innovation 12

Fintech Labs Insights

MAY 16, 2017

The 50 companies have an aggregate market valuation of $239 billion, and almost 20% of the list consists of fintech companies, six of which are Finovate and/or FinDEVr alums. Launched: 2011. A unique, online lending company that prides itself on social finance. Launched: 2011. Funding: $23.3 Launched: 2005. Funding: $1.9

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New York Analysis Compliance Lending 17

Fintech Labs Insights

MARCH 2, 2017

Founded in 2006, Lendio debuted at FinovateSpring 2011. The post Lendio Brings the Franchising Model to Small Business Lending appeared first on Finovate. .” Davis continued, “They are connected to their communities and uniquely driven to build great neighborhoods and strong local economies.”.

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Lending Community Training Capital 12

Fintech Labs Insights

AUGUST 17, 2015

2011 revenue: $62,000. 2011 revenue: $57,000. Prosper , online P2P lending platform. 2011 revenue: $2.2 2011 revenue: $1.5 Having four alums among the 100 fastest-growing companies is a testament to fintech’s recent growth spurt. Founded: 2009. Headquarters: Atlanta, GA. 3-year revenue growth: 67x.

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San Francisco CA Atlanta Big Data 12

Fintech Labs Insights

NOVEMBER 30, 2015

In total, the company has provided funds to 75 small businesses, including Finovate alum, Cloud Lending. BJ Lackland is CEO of Lighter Capital, which debuted its Revenue Loan at FinovateSpring 2011 and last demoed at FinovateFall 2013.

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Capital Lending Seattle Community 12

Fintech Labs Insights

NOVEMBER 19, 2021

2007 to 2011 >>> 10. We are calling it the FAB score, standing for Fintech Attention Barometer. Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. Founded: 2011 (though it was originally founded in 2006 as FundingUtah). Founded: 2011. Biz2Credit. P2Binvestor.

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Atlanta Utah Miami DC 15

Fintech Labs Insights

MAY 12, 2021

2007 to 2011 >>> 7. We are calling it the FAB score, standing for Fintech Attention Barometer. Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. Founded: 2011. Founded: 2011. As a side note, there have been no major digital lenders founded in the past 30 months.

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Atlanta Utah DC Detroit 15

CB Insights

FEBRUARY 13, 2020

In an interview at CB Insights’ 2019 Future of Fintech conference, CFO and CPO William Gaybrick indicated that businesses are more constrained by developer resources than by capital. Business lending and corporate cards. Most recently, Stripe has launched a Corporate Card and a Lending product geared towards small businesses.

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Online Company Retail Payments 98

Fintech Labs Insights

NOVEMBER 8, 2021

I first met Ryan in 2010 when BillFloat debuted at FinovateFall 2010 and then again in 2011 at FinovateSpring ( see demo video above ). the so-called payday lending space). As the name implied, it focused on helping consumers get quick cash to cover short-term deficits to pay bills on time (i.e.,

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Video Lending Tools Company 15

Fintech Labs Insights

JULY 25, 2016

Officially named KBW Nasdaq Financial Technology Index (KFTX) , the fund tracks 49 fintech companies, including 17 Finovate and FinDEVr alums. FinovateFall 2011 demo. FinovateFall 2011 demo. The post A Look at the First Week of Nasdaq’s Fintech Index appeared first on Finovate. American Express (AXP).

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Fintech New York Guidelines Financial Technology 12

Fintech Labs Insights

NOVEMBER 19, 2021

2007 to 2011 >>> 10. We are calling it the FAB score, standing for Fintech Attention Barometer. Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. Founded: 2011 (though it was originally founded in 2006 as FundingUtah). Founded: 2011. Biz2Credit. P2Binvestor.

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Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 19, 2021

2007 to 2011 >>> 10. We are calling it the FAB score, standing for Fintech Attention Barometer. Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. Founded: 2011 (though it was originally founded in 2006 as FundingUtah). Founded: 2011. Biz2Credit. P2Binvestor.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

MARCH 11, 2016

Small business lending innovator, EZBOB has raised £20 million ($28.8 “This latest investment will further accelerate our growth plans and enable us to continue to develop our proprietary business lending platform to address more of the U.K.’s ’s business lending needs.” ’s business lending needs.”

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Lending Capital Innovation Fintech 12

CB Insights

MARCH 8, 2018

Banks in Fintech: what’s ahead in 2018. Join us for data-driven look at how major banks are approaching fintech investments and taking on insurgents. We define challenger banks as fintech companies leveraging technology and software to digitize and streamline retail banking. First Name. customers since 2014.

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Retail Digital Banking Fintech Regulation 78

CB Insights

FEBRUARY 16, 2018

750,000: Amazon Lending — which launched in 2011 — has partnered with Bank of America Merrill Lynch. You can read more about Amazon’s initiatives in the fintech space in our 2018 Fintech Trends Report. The round comes just as Amazon announced two-hour delivery from Whole Foods last week. . Download it here.

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US Trends Capital Apple 30

Fintech Labs Insights

JULY 27, 2015

The company announced earlier this month that Ferratum Group selected its technology to power SME lending, and in June added a variety of new features such as multi-account credit arrangements, balloon payments for real estate and auto lending, asset-backed lending, and more.

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Lending Meeting Groups Innovation 12

Abrigo

SEPTEMBER 14, 2022

Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. So back in 2011, we understood the next logical step.

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