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. Tink isn’t the only one eyeing the European market.

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NV Fintech Data Capital 128

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. Observing the rise of disruptive companies in Europe and the U.S., A New $200 Million Fund.

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Lending Capital Fintech Marketing 105

CB Insights

APRIL 12, 2018

Both were implemented by regulators to foster new competition in the market by lowering barriers for new entrants and creating equal access to proprietary customer data. FINTECH IN EUROPE RESEARCH BRIEFING. In this briefing, we’ll sail across the pond and dive into the booming European fintech space. Key Takeaways.

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Fintech blockchain Capital Regulation 71

PYMNTS

JULY 10, 2019

Japanese company SoftBank is leading a $231 million funding round for a Brazilian lending startup called Creditas, in a bid to shake up competition in the traditional financial market, according to a report by Reuters. . Creditas is now valued at $750 million and the capital will help it to expand to other Latin American countries. .

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Lending Capital America Marketing 108

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

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Fintech Regional Innovation Leadership 100

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.

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Fintech Conference Capital Regional 121

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

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.

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Fintech Innovation Digital Banking Course 152

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. The existing MOWA wallet that serves the India market will continue as a separate company with its own leadership and staffing.

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Payments Leadership Mobile Capital 102

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. Although the payroll space already has two big-name players , ADP and Paychex, their market share is only about 10 percent apiece.

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PYMNTS

AUGUST 25, 2017

Microsoft Accelerator, which launched in 2012, has so far accelerated 129 startups across 10 cohorts. The Accelerator will also link the startups with marketing, sales and research teams. Second-quarter data found four of the top 10 venture capital deals went to B2B companies, with KPMG analysts expecting that shift to continue.

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Compliance Big Data Capital Analytics 100

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.

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Fintech Trends blockchain Online 47

PYMNTS

SEPTEMBER 7, 2018

Our goal is to build a global payment ecosystem across many emerging markets.”. 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. Oviosu asked.

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PYMNTS

DECEMBER 17, 2019

Managing cash flow can be tricky work when one is new to the market or looking to expand because cash is in short supply. 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. The first is focus.

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Lending Data Retail Capital 132

Accenture

SEPTEMBER 22, 2019

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. Why the intense interest in the neo-challengers? Profitability.

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Innovation Metro Apple Marketing 150

Jeff For Banks

DECEMBER 29, 2021

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. Total return includes two components: capital appreciation and dividends. Live Oak Bancshares, Inc.

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Capital Texas Metro North Carolina 78

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.

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Capital Software Google Company 34

CB Insights

DECEMBER 10, 2020

Tech companies are chipping away at the traditional bank’s market share. Startups here are using consumer payments products like money transfers and peer-to-peer payments to chip away at banks’ payments market share. . This has provided an opportunity for other research providers to gain market share among banking clients. .

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America Lending Cards San Francisco 101

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.

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Regulation Technology Tools Fintech 118

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.

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Capital Security Software User Experience 100

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.”.

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Technology San Francisco Fintech Financial Technology 101

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).

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Regional America Capital United States 50

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

Accenture

FEBRUARY 28, 2017

Cash usage will see a clear reduction across Europe—as an example, ATM cash withdrawals in the UK, which peaked at 2.9bn withdrawals in 2012, will fall from 2.7bn withdrawals in 2016 to somewhere between 2 – 2.5bn withdrawals in 2017. Use of Apple Pay, Samsung Pay etc. Transaction Banking.

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Payments Bitcoin Samsung Fraud 150

Accenture

FEBRUARY 28, 2017

Cash usage will see a clear reduction across Europe—as an example, ATM cash withdrawals in the UK, which peaked at 2.9bn withdrawals in 2012, will fall from 2.7bn withdrawals in 2016 to somewhere between 2 – 2.5bn withdrawals in 2017. Use of Apple Pay, Samsung Pay etc. Transaction Banking.

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Payments Bitcoin Samsung Fraud 150

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, 2020

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. Total return includes two components: capital appreciation and dividends. First Capital, Inc.

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North Carolina Capital Community Bank Wisconsin 147

Fintech Labs Insights

MARCH 16, 2022

Startups looking to raise capital have more options today thanks to evolving technology, regulation and market behavior. only seeing deals that could not raise elsewhere), but now that it has matured, it’s becoming an option to other sources of early capital (eg. First Round Capital blog post. Platform Fundings ($M).

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Austin United States Boston Capital 15

PYMNTS

OCTOBER 2, 2018

Avant is best known among its financial services peers as a FinTech firm, founded to throw automation and an artificial intelligence (AI)-enhanced underwriting process at the problem of creating accessible, affordable personal loans for consumers. Avant’s consumer-facing product is devised as a digital alternative to that market.

Lending 134

Lending Alabama Online System 134

Jeff For Banks

MAY 31, 2017

I read a recent interview of Members 1st Credit Union CEO Bob Marquette by S&P Global Market Intelligence (link requires subscription). Clearly he is not attending FinTech conferences. I sometimes quip that FinTech prognosticators are like futurists. Between 2012 and 2015, there was a 4% branch reduction.

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Branch Strategies DC Groups Fintech 60

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

PYMNTS

OCTOBER 13, 2016

But despite its market size, SMEs are struggling to get the working capital they need. A new report by the Canadian Federation of Independent Business (CFIB) released this month explores the financing efforts of SMEs between 2012 and 2015. Th e Gap Is Wide.

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Lending Survey Capital Cards 100

PYMNTS

MAY 20, 2016

It appears GV, which is the venture-capital investment arm of Google’s parent company Alphabet, has a vested interest in promoting a payday lender. Because it is an investor in the online lender LendUp and has been before the company launched in 2012. Now, however, Google has found itself in a bit of an awkward position.

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Google Policies Company Industry 102

CB Insights

NOVEMBER 6, 2018

Combined, these 31 European startups have raised more than $21B in total funding, and operate across industries including fintech, e-commerce, healthcare, and more. Company Description: Founded in 2012, this Berlin-based company runs an online used car exchange via a family of sites such as Auto1.com, Select Investors: Rhone Capital.

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Groups Capital Operations Fintech 76

PYMNTS

NOVEMBER 21, 2016

Even so, FinTech innovators aren’t ignoring traditional FIs, with many developing solutions just for the banks to help them ease back into the game. So, it’s a curiosity why a bank and a FinTech partner would want to focus on the SME space at all. and other markets.

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Fintech Labs Insights

DECEMBER 15, 2016

The new funds, which will be used to develop Kreditech’s partnership business, take the company’s total capital to more than $160 million. Kreditech founder and CEO Alexander Grabner-Müller emphasized how the capital will help drive the company’s partnership business in a statement accompanying the announcement. .”

Capital 12

Capital Big Data Fintech Online 12

CB Insights

DECEMBER 5, 2017

The same group completed fewer than 25 investments in aggregate between 2012 and 2014. Here are a few takeaways from analyzing the graph below, which encompasses over 125 deals: Of the 12 P&C insurers analyzed, Ping An and AXA have been the most active since 2012. Number of investments (since 2012): 2. Allianz Ventures.

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Strategy Marketing Analytics Innovation 28