Bank Activities

JUNE 6, 2022

The California-based fintech startup Acorns Grow Inc. The 2022 series funding more than doubled the valuation of the startup founded in 2012 since its last funding round in 2019. managed to raise $300 million on March 9 th , 2022, from investors in a funding round led by the private equity firm TPG.

Fintech 62

Fintech California Capital cryptocurrency 62

Lex Sokolin

FEBRUARY 18, 2021

The average size is about $300 million, and quite a few are focusing on Fintech and financial services. Here, for comparison, is similar data on venture capital funds?—?printing Let’s narrow down the story to Fintech, using data from Spactrack. That is a 100% increase in capital looking for quality fintech assets.

Capital 52

Capital Fintech US Lending 52

Lex Sokolin

FEBRUARY 18, 2021

The average size is about $300 million, and quite a few are focusing on Fintech and financial services. Here, for comparison, is similar data on venture capital funds?—?printing Let’s narrow down the story to Fintech, using data from Spactrack. That is a 100% increase in capital looking for quality fintech assets.

Capital 52

Capital Fintech US Lending 52

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).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

JUNE 4, 2019

Tink , the Swedish company that enables FinTechs to access customers’ financial data, has received an $11.2 million in a round that included Insight Venture Partners and the venture capital arms of banks Nordea and ABN Amro Group NV. Tink was founded back in 2012. million investment from PayPal Holdings.

NV 128

NV Fintech Data Capital 128

PYMNTS

JANUARY 12, 2021

Plus, Delivery Hero is launching an early-stage venture capital (VC) firm. Checkout.com, which was started in 2012, recently brought an office to New York City. Germany’s Delivery Hero Introduces Its Own Venture Capital Fund. Checkout.com Closes $450 Million Series C For $15 Billion Valuation. Checkout.com, a U.K.-based

Detroit 135

Detroit New York City System Payments 135

PYMNTS

FEBRUARY 21, 2020

Earlier this week, a FinTech took the leap into the full spectrum of financial services, perhaps paving the way for future mashups. FinTech has bought a bank, and it shows how digital-first firms can broaden their scale and reach with cross-pollination across financial offerings. To be the bank, buy the bank.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

JANUARY 27, 2020

based FinTech focused on cross-border payments, said Monday (Jan. The new investors were joined by existing investors including Nation Capital, Sapphire Ventures and Google’s venture arm known as GV. The new investors were joined by existing investors including Nation Capital, Sapphire Ventures and Google’s venture arm known as GV.

Payments 130

Payments Fintech Software National 130

CB Insights

APRIL 12, 2018

To stay relevant with customers and ahead of regulations, major banks in Europe have been implementing a number of strategies, including investing in the fintech startups the regulations enable. FINTECH IN EUROPE RESEARCH BRIEFING. In this briefing, we’ll sail across the pond and dive into the booming European fintech space.

Fintech 71

Fintech blockchain Capital Regulation 71

PYMNTS

AUGUST 8, 2017

ID Finance Co-Founders Boris Batine and Alexander Dunaev were far from newcomers to the world of finance when they started up their business in 2012. educated entrepreneurs met while working abroad at Renaissance Capital and Deutsche Bank. The vast majority of money going into FinTech is chasing a small number of well-known startups.

Lending 105

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PYMNTS

JANUARY 26, 2017

In this week’s Tech Center tracker, we take a look at how Dubai is giving FinTech hubs around the world a run for their money. As of 2012, Dubai was the 22nd most expensive city in the world and the most expensive city in the Middle East. FinTech Hive Generates Buzz. 2016, the inflation rate was 0.12

Fintech 100

Fintech Regional Innovation Leadership 100

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. Firms started in the dorm room that have no employees, just an eager volunteer, no revenue, and no capital need not apply. That's all I'm hearing. It's like global warming.

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Fintech Capital Cards Bitcoin 60

Jeff For Banks

FEBRUARY 27, 2016

Arkadi was a frequent speaker on the FinTech rubber chicken circuit, being viewed as a visionary industry disruptor. And it sold in 2012 for around book value. So its brand didn't blow away its buyer, Capital One, either. If Moven driven deposits keep coming in, CBW may have to raise capital to support the balance sheet.

Fintech 60

Fintech Kansas Community Bank Capital 60

PYMNTS

OCTOBER 7, 2019

Silicon Valley FinTech Affirm is rolling out a new app that will give customers a way to shop at almost any store and split their payments, the company announced in a press release on Monday (Oct. Affirm was started in 2012 by Max Levchin, who co-founded PayPal, along with Jeffrey Kaditz and Nathan Gettings. It also has raised $1.03

Payments 139

Payments Millennials Retail Cards 139

PYMNTS

JULY 8, 2016

But we are heading to France, where the country’s capital city is making a name for itself as a booming tech center. The Wall Street Journal reported just this week that government officials and bankers gathered in Paris to help promote the city as the next potential financial capital for Europe. The Next Startup Capital.

Fintech 121

Fintech Conference Capital Regional 121

PYMNTS

FEBRUARY 11, 2020

To improve the financial lives of millions of Americans, speed matters — especially for FinTechs seeking to bring new products to market digitally and to target consumers underserved by traditional banking models. As Choubey told Webster, the FinTech traces its roots to providing financial access to 90 million Americans.

Fintech 152

Fintech Innovation Digital Banking Course 152

PYMNTS

JULY 10, 2019

Creditas is now valued at $750 million and the capital will help it to expand to other Latin American countries. . Creditas was started in 2012 by Sergio Furio, a Spanish former consultant and now the company’s chief executive. In Brazil, 82 percent of all assets are controlled by five banks. Creditas is aiming to change that.

Lending 108

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PYMNTS

JANUARY 18, 2018

The FinTech startup iKaaz, which was founded in 2012, has a cloud-based platform for online merchants, point-of-sale hardware for retailers and a mobile wallet for customers who want to make digital payments. Specific terms of the acquisition were not disclosed.

Payments 102

Payments Leadership Mobile Capital 102

CB Insights

AUGUST 28, 2017

Last quarter set a record for funding to VC-backed fintech companies, which raised $5.2B across 251 deals (as highlighted in the CB Insights Q2 2017 Global Fintech report ). Using CB Insights data, we took a closer look at financing trends for global VC-backed fintech companies. Fintech Trends Research Briefing Q2’2017.

Fintech 47

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PYMNTS

NOVEMBER 7, 2016

Small business employment, cash reserves and FinTech investment plans are all being shaped by this year’s presidential election. ” He did note, however, that there could be some cause for concern with SMBs reporting a lack in their pursuit of aggressive growth strategies and working capital financing. That amounts to $28.9

America 186

America Fintech National Strategy 186

CB Insights

AUGUST 1, 2017

This teardown features annotations & commentary by four Social Capital partners. Thanks to the Social Capital team for updating/confirming their portfolio data on the CB Insights Editor. Social Capital is a VC fund with a focus on healthcare and education. As in all teardowns, the data analyzed comes from CB Insights.

Capital 34

Capital Software Google Company 34

PYMNTS

JULY 24, 2019

Reeves said he plans to pursue new products beyond payroll and HR as the company grows, adding FinTech features like its Flexible Pay, which allows wage advances for employees. The company was launched in 2012 as ZenPayroll, changing its name to Gusto a year later. Gusto raised $140 million in a round led by T.

New York City 149

New York City New York Texas System 149

PYMNTS

AUGUST 25, 2017

Microsoft Accelerator, which launched in 2012, has so far accelerated 129 startups across 10 cohorts. B2B startups are gaining more attention among investors, with the latest stats from KPMG’s Pulse of FinTech report finding B2B startups are leading a rebound in venture capital funding for the market.

Compliance 100

Compliance Big Data Capital Analytics 100

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.

New York 100

New York Fintech Report Payments 100

PYMNTS

SEPTEMBER 7, 2018

Founded in 2012, Paga allows users to transfer money, pay bills and make purchases digitally. Other participants in the funding include Goodwell, Adlevo Capital, Omidyar Network and Unreasonable Capital. Our goal is to build a global payment ecosystem across many emerging markets.”.

Mobile 109

Mobile San Francisco California Capital 109

PYMNTS

JUNE 20, 2016

San Francisco-based Plaid was founded in 2012 with the vision of making the world a better place for FinTech firms by providing easy infrastructure to connect FinTech innovators with their clients’ bank accounts. We are excited to partner with Plaid and support the business as it continues to enable financial innovation.”.

Technology 101

Technology San Francisco Fintech Financial Technology 101

CB Insights

OCTOBER 11, 2018

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region. in funding since 2012. in deals since 2012 — nearly seven times as much as either Mexico or Argentina.

America 47

America Regional Capital Groups 47

PYMNTS

APRIL 22, 2016

The venture capital world lit up last week with reports that B2B tech startups are now seeing increased funding, raising money at a faster pace than B2C startups. In the biggest B2B venture capital story of the week, some of the brightest names in banking lent their support to B2B digital payments firm Transactis. B2B ePayments.

Capital 100

Capital Security Software User Experience 100

PYMNTS

DECEMBER 17, 2019

CircleUp entered the market in 2012 as a data driven variation on venture capital (VC) funding to solve for part of that problem in retail and consumer packaged goods (CPG) firms. CircleUp is not, however, the only FinTech player eyeing the larger SMB market.

Lending 132

Lending Data Retail Capital 132

CB Insights

JULY 18, 2018

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region. in funding since 2012. Since 2012, investments into the region have nearly tripled. at the time. Amount ($M).

Regional 50

Regional America Capital United States 50

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. Netherlands.

United States 15

United States Fintech Utah Software 15

Jeff For Banks

DECEMBER 29, 2021

Total return includes two components: capital appreciation and dividends. Silvergate Capital Corporation (NYSE: SI) #2. Silvergate Capital Corporation (NYSE: SI) Here we are again. Silvergate had $150 million in total revenue over the past twelve months, and has a market capitalization of $4.7 Live Oak Bancshares, Inc.

Capital 78

Capital Texas Metro North Carolina 78

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.

Report 100

Report FDIC Lending Fintech 100

Fintech Labs Insights

DECEMBER 7, 2020

At FintechLIVE , we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). 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. – 1 whose valuation dropped below $1B (Qiwi). _.

United States 15

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PYMNTS

MARCH 28, 2019

FinTech competition quickly ended banks’ practice of turning a blind eye to a lack of digital offerings. While partnering with and acquiring FinTechs has emerged as a key strategy for traditional financial institutions to ramp up their digital offerings, they cannot rely on M&A alone to complete their digital transformations.

Regulation 118

Regulation Technology Tools Fintech 118

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. Netherlands.

United States 15

United States Fintech Utah Lending 15

CB Insights

DECEMBER 10, 2020

This makes the sector an attractive target for fintech companies. . Where Top US Banks Are Betting On Fintech. Despite the economic uncertainty surrounding Covid-19, the largest US banks continue to invest in fintech companies. Capital Float is an India-based startup providing business loans through a lending platform.

America 101

America Lending Cards San Francisco 101