PYMNTS

APRIL 12, 2019

Founded in 2012, Jumia became the first African unicorn startup in 2016 after a $326 million funding round that included Goldman Sachs, AXA and MTN. Some of its brands include online takeout service Jumia Food, travel booking service Jumia Flights and classified services Jumia Deals. The Berlin-based company’s value stood at about $1.7

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New York Mobile Course Payments 209

PYMNTS

MARCH 11, 2020

German FinTech firm Wirecard is partnering with Southeast Asia’s “super app” Grab to facilitate payments and transfers, Wirecard announced on Wednesday (March 11). . Wirecard will process payments and transfers using GrabPay’s digital wallet and will initially target markets in Malaysia, the Philippines and Singapore. “We

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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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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 ). The quarter also saw new unicorn births, with 5 companies reaching new valuations of $1B+: online lending site Tuandaiwang (valued at $1.5B FINTECH 250.

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Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. The legacy players held their market share by providing digital services deemed “good enough” to retain customers loath to switch banks.

Digital Banking 15

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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 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. That's all I'm hearing. It's like global warming. You know who you are.

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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

Fintech Labs Insights

FEBRUARY 8, 2022

When I started reporting on the space in the mid-90s, I thought banks would end up delivering the bulk of basic accounting functions through their online banking programs. So the market has been ceded to the entrepreneurs, and wow, have they shown up! We call it the FAB score, standing for Fintech Attention Barometer.

Online 15

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PYMNTS

JANUARY 10, 2020

Founded in 2012, Honey has grown from an eCommerce price-tracking tool to an expanded suite of services that includes a shopping assistant and rewards program. With roughly 17 million active users each month and 30,000 diverse online retailers, Honey has delivered some $1 billion in savings to shoppers in the past year.

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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.

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PYMNTS

JUNE 1, 2020

Losing customers can be as easy as experiencing one too many online glitches, however, which can drive clients into the competition’s arms. The challenger bank has run on a cloud banking model since its 2012 launch and is available for business and consumer use in 30 European markets, including Austria, Germany and the Netherlands.

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Innovation Strategy Innovation Strategies Security 132

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

CB Insights

DECEMBER 10, 2020

The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. Tech companies are chipping away at the traditional bank’s market share. This makes the sector an attractive target for fintech companies. .

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Fintech Labs Insights

JANUARY 25, 2022

When I started reporting on the space in the mid-90s, I thought banks would end up delivering the bulk of basic accounting functions through their online banking programs. So the market has been ceded to the entrepreneurs, and wow, have they shown up! We call it the FAB score, standing for Fintech Attention Barometer.

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San Francisco Online Detroit Houston 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. Netherlands.

United States 15

United States Fintech Utah Lending 15

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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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

PYMNTS

MAY 20, 2016

Because it is an investor in the online lender LendUp and has been before the company launched in 2012. Google’s announcement showed that it had updated its AdWords policy to effectively ban advertisers from marketing a number of lending products starting July 13.

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Google Policies Company Industry 102

Fintech Labs Insights

AUGUST 12, 2014

Graduating from there is like facing the job market with a resume boasting summer internships at Google, Facebook AND Goldman Sachs. 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. During the past 4.5 During the past 4.5

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CB Insights

JULY 16, 2017

The same group completed 20 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, AmFam, and USAA have been the most active since 2012. Number of investments (since 2012): 3.

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Strategy Marketing Analytics Innovation 28

CB Insights

JULY 18, 2018

in funding since 2012. Since 2012, investments into the region have nearly tripled. in deals since 2012 — nearly seven times as much as either Mexico or Argentina. Brazil took up eight of the 10 largest rounds in Latin America since 2012. Largest Tech Rounds in Latin America (2012 – 2018 YTD 7/1/2018).

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Regional America Capital United States 50

Fintech Labs Insights

MAY 10, 2017

In a funding round led by online payment service provider, PayU, Germany’s Kreditech has raised $120 million (€110 million). The investment is the largest equity investment in a German fintech company to date. Founded in 2012 and headquartered in Hamburg, Germany, Kreditech demonstrated its technology at FinovateSpring 2014.

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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, Total Funding: $1.1B.

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PYMNTS

DECEMBER 28, 2018

There were plenty of tailwinds that pushed the segment forward: A strong economy, healthy consumer interest in credit and advances in credit scoring technology were all instrumental in pushing more consumers into the market, particularly in the first half of the year. percent since 2012. According to the Federal Reserve , U.S.

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Millennials Lending System Data 145

Fintech Labs Insights

APRIL 18, 2017

More importantly, however, the company has figured out how to balance the two by offering the personal touch of an in-person experience through mobile and online channels. At FinovateEurope 2017, unblu CMO Jens Rabe began the demo saying, “Your customers are already interacting with your online channels everyday. Founded in 2012.

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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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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. Nearly half of Canada’s SMEs have applied for some form of financing in recent years.

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Fintech Labs Insights

JULY 8, 2016

Proving that data is power when it comes to marketing, two Finovate alums with massive amounts of data have combined forces. Neustar and Experian began working together late last month to pool their data to help marketers find and onboard customers. The companies are calling it a “digital data exchange.

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Data Marketing Virginia Digital Strategies 15

NCR

OCTOBER 28, 2016

Back in spring 2012, President Barack Obama shocked conservative critics (maybe not for the first time) when he appeared on The Tonight Show to “slow jam” the news. trillion market, and in dire need of enhancement and change. However, the private market is growing as well, in part because the two types are not mutually exclusive.

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NCR

OCTOBER 7, 2016

Back in spring 2012, President Barack Obama shocked conservative critics (maybe not for the first time) when he appeared on The Tonight Show to “slow jam” the news. trillion market, and in dire need of enhancement and change. However, the private market is growing as well, in part because the two types are not mutually exclusive.

Community Bank 40

Community Bank San Francisco Community National 40

Fintech Labs Insights

JULY 14, 2016

million investment , Austin, Texas-based Buzz Points is unveiling its new online management portal, Buzz Insight for its rewards and marketing platform. Founded in 2012 and headquartered in Austin, Texas, Buzz Points demonstrated its mobile app at FinovateFall 2015. One month after picking up a $1.8

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Online Austin Texas Community 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. A unique, online lending company that prides itself on social finance. Automated marketing messaging company. Launched: 2012. Launched: 2011.

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Fintech Labs Insights

JUNE 27, 2016

One giant leap for fintechs considering financing beyond equity investment. Speaking about the financing, Klarna’s Erik Engellau-Nilsson said that the funding was the company’s “first small step to a wider presence in debt capital markets.” One small step for Klarna. name and address). expansion last fall.

San Francisco 16

San Francisco Capital Fintech Marketing 16

NCR

APRIL 11, 2018

That marks an increase of 50 percent from the end of 2012 (54 percent penetration) and compares to just three percent in December 2006. This presents an exciting opportunity for service providers of all kinds – from established banks to fintechs – but first you need to know what people want from the mobile channel.

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Mobile Meeting Regional Trends 49

Fintech Labs Insights

JANUARY 27, 2016

That’s the goal of SaleMove , the company that has built a platform that enables businesses that sell services – banking, mortgage, insurance – to provide an online user experience that exceeds the in-person version. Founded in May 2012. Headquartered in New York City, with offices in Estonia and Irvine, California.

Customer Experience 12

Customer Experience Online New York City Video 12

Gonzobanker

NOVEMBER 17, 2016

The event’s level of growth and sophistication since its inaugural event in 2012 is truly impressive. The complexity of this future vision underscored the importance of partnerships between the FinTech world and financial institutions to get this vision from cool demo to reality. market will be very far away.

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