PYMNTS

FEBRUARY 13, 2020

The platform will have the ability to manage transactions across multiple payment types — online, mobile, point-of-sale, digital wallets, debit and credit cards, and real-time payments — and countries. “As Westpac-backed FinTech Assembly Payments was founded in 2013 in Melbourne, Australia. .

Payments 197

Payments Fintech Tools Management 197

PYMNTS

JUNE 15, 2018

In Africa, the biggest private bank in Kenya, CBA, has cemented a partnership with a FinTech there, Ennovative Capital, a Kenyan firm that licenses software to boost payments speeds. Financing is done through online and web platforms, with instant access to cash. The tech is licensed by a U.S. firm , PrimeRevenue.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

NOVEMBER 18, 2020

The company’s good fortunes come as people have largely stopped trying to conduct business transactions in person that they can do online. Chime was founded in 2013 as a challenger bank, focusing on the demographic of Americans earning between $30,000 and $75,000 per year, although this demographic has widened in the pandemic.

Mobile 213

Mobile Digital Banking Online Trends 213

CB Insights

FEBRUARY 13, 2018

But overall, Goldman’s recent fintech M&A binge appears to be an industry outlier, not the norm. Since 2013, 80% of the top 50 banks by total assets operating in the US have not acquired a fintech startup. Fintech: 2017 Year-in-Review & 2018 Trends. Fintech: 2017 Year-in-Review & 2018 Trends.

Fintech 68

Fintech Trends Strategy US 68

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 was called Online Banking Report and was read by a sizable portion of major industry players. Note: These are the rankings from 10 years ago.

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

SEPTEMBER 16, 2020

Standard Chartered and Amazon.ae , the company's United Arab Emirates website, are launching a new installment payments method for customers, according to The Fintech Times.

Payments 207

Payments social media Regional Report 207

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

DECEMBER 12, 2019

Online brokerage startup Robinhood has introduced a cash management service that will give customers 1.8 No FinTech startup has been successful at getting a bank charter. Robinhood , which launched in 2013, attracts millennials interested in trading stocks and cryptocurrency. stocks, exchange-traded funds and options.

FDIC 135

FDIC Millennials Management Fintech 135

PYMNTS

JANUARY 24, 2020

Berlin’s most valuable FinTech startup grew from the 3.5 Founded in 2013, N26 has raised a total of $683 million in financing. CEO, said in a PYMNTS interview that growth came after N26 evaluated domestic customers’ online banking perceptions and preferences. German smartphone bank N26 , valued at $3.5 Nicolas Kopp, the U.S.

United States 193

United States Examples Marketing Fintech 193

PYMNTS

APRIL 21, 2019

The Securities and Exchange Commission announced late last week that Prosper , the online lender, has agreed to pay a $3 million fine for misleading retail and other investors via statements it made. Prosper isn’t the only FinTech to run into trouble with the SEC in recent weeks.

Fintech 123

Fintech Security Retail Online 123

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. 197,000 $1,700 2 Robinhood 6080 2013 SF 17,190,000 $6,200 3 SoFi 4017 2011 SF 13,080,000 4.6 124 $66 27 Axos 220 2013 1,110,000 $0 28 Majority 126 2019 Stockholm 168,000 4.6

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

CB Insights

DECEMBER 19, 2019

From payments to insurtech to lending, fintech companies are attracting investor attention. In 2018, startups in the space raised more than $45B, a record amount, while Q3’19 fintech funding recently clocked in with a quarterly record of nearly $9B. GET THE 88-PAGE q3 2019 FINTECH TRENDS REPORT. Data is as of 12/19/2019.

Fintech 51

Fintech Regional Analytics Groups 51

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

DECEMBER 26, 2019

Lotte, a South Korean conglomerate, is shutting down its Vietnamese online marketplace, lotte.vn, which allows merchants to connect with buyers, according to Deal Street Asia. Lotte’s move isn’t the only such case of larger retailers shying away from eCommerce. The Vietnamese eCommerce market is projected to hit $4.6

Retail 130

Retail Groups Maine Google 130

PYMNTS

DECEMBER 3, 2019

Founded in 2013, Mexico’s Konfio will use the funds to expand working-capital loans to SMBs, and introduce new products, according to Director of Corporate Strategy & Investor Relations Gregorio Tomassi. In May, it invested $20 million in Clip, a Mexican FinTech startup that offers a mobile credit card reader for smartphones.

America 111

America Capital Analysis Groups 111

PYMNTS

MAY 23, 2019

Germany’s financial markets watchdog BaFin has ordered FinTech N26 to boost its anti-money laundering (AML) controls. As a result, the online bank was criticized for not being diligent about security and compliance controls as it rushed to grow. N26 said it was working with BaFin to implement the measures. “We million customers.

Regional 108

Regional America Compliance Security 108

NCR

MAY 9, 2017

The expansion of new fintech apps started a trend of eroding revenue and profits from banks and credit unions, generating a sense of competition with app developers. Meanwhile, Jamie Dimon, CEO of JP Morgan Chase, said : “I don’t buy that fintech is completely different. Why Are Financial Institutions Adopting New Fintech Apps?

Fintech 75

Fintech Hawaii Community Bank San Francisco 75

PYMNTS

AUGUST 14, 2017

PayPal, the digital payments company, is rolling out two new technology Innovation Labs based in India, where FinTech startups are currently flourishing. Citi ThankYou Rewards cardholders can select their ThankYou Points to pay for all or part of their purchase when checking out online. and Singapore.

Innovation 116

Innovation Fintech Technology Online 116

Gonzobanker

OCTOBER 12, 2022

The largest fintech bank in Latin America, this master of digital marketing – known for creating cool products with strong organic growth – continues its massive expansion in Mexico and Colombia. So what can we learn from our friends to the south as they continue to flip LATAM upside down? Olé Olé Olé. That’s Great, But the U.S.

Fintech 97

Fintech United States Chicago Mobile 97

PYMNTS

DECEMBER 12, 2017

The Association for Financial Professionals (AFP) released its 2016 Electronic Payments Survey earlier this year and found that use of paper checks in B2B payments actually rose 1 percent compared to 2013 levels. FinTech companies are the driving force behind innovation for SMBs,” Abbasi stated.

Fintech 110

Fintech Payments Analysis Survey 110

PYMNTS

SEPTEMBER 25, 2019

FinTech startup Fidel has raised $18 million in Series A funding co-led by U.S.-based Founded in 2013 in London, this first round of funding will support Fidel’s ambitions to grow internationally and hire more talent. based Nyca Partners and QED Investors, as reported on Wednesday (Sept.

Cards 124

Cards Customer Experience Compliance Payments 124

PYMNTS

AUGUST 24, 2018

Well, for starters, as bankingtech.com reported this week, the bank was bought by Latvian FinTech entrepreneurs Marks Moskvins and Maksims Jarosevskis. TransactPro itself is likely looking to diversify beyond its home base and processing activities, spanning payment card issuance, acquisition and online payments. Who were the buyers?

Colorado 101

Colorado Leadership Fintech Operations 101

PYMNTS

JULY 31, 2018

BlueVine, the FinTech startup that recently announced a $60 million round of financing, has added $12 million to its Series E round of funding from M12, Microsoft’s venture capital fund. Founded in 2013, BlueVine is one of the leading FinTech players in online small business lending.

Lending 100

Lending Capital Fintech Online 100

PYMNTS

MAY 26, 2020

Founded in 2013 by Grant Bissett and Dominic Pym, Pin Payments serves more than 12,000 businesses across Australia and New Zealand. Bissett said Pin Payments was born out of a desire to offer businesses a simple way to get paid online and be on a level playing field with the competition.

Payments 130

Payments San Francisco social media Regional 130

PYMNTS

AUGUST 26, 2016

According to the American City Business Journals , the growth in the number of SMBs based in Austin increased from 2010-2013 by 9.7 business back in 2009 and helped BigCommerce to continue a theme of growth for the retail merchants it enables to shift online and compete in an ever-changing digital landscape. to start a small business.

Austin 100

Austin Fintech New York City Community 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 ).

Fintech 15

Fintech Bitcoin blockchain Lending 15

Bank Innovation

NOVEMBER 8, 2017

WeLab was founded in 2013, and now has over […]. The round included big names like Chinese e-commerce giant Alibaba, Credit Suisse and World Bank’s International Finance Corporation. This latest round of funding brings WeLab’s total to $425 million.

Mobile 150

Mobile Lending Capital Online 150

PYMNTS

APRIL 5, 2019

Norwegian banking alliance Eika Group is teaming up with EedenBull , India’s FinTech startup BharatPe notched $15.5 And FinTech startup BharatPe, which provides interoperable UPI quick-response (QR) codes to merchants, has notched $15.5 years old in 2013. million in Series A funding, The Hindu BusinessLine reported.

Groups 109

Groups Innovation Fintech Report 109

PYMNTS

JANUARY 26, 2017

One of the first major FinTech deals of the year lands with a bang — and a cross-border one at that. based business are an extension of the position that Ant Financial’s Alipay maintains as China’s leading online payments conduit. Ant Financial Services Group of China is paying $880 million to buy MoneyGram, the U.S.-based The $13.25

US 100

US United States Groups Mobile 100

PYMNTS

JULY 25, 2019

Challengers see fraud protection as especially important, particularly as they attempt to ween customers away from legacy FIs and their own nimbler FinTech competitors. N26 was founded in 2013, launched in 2015 and now serves 3.5 A lot of the fraud today happens online, [and] a lot of the bigger data breaches happen online.

Fraud 164

Fraud Marketing US Resources 164

CB Insights

JULY 21, 2017

Earlier this week, Bank Indonesia, the central bank of Indonesia, nominated three companies for its award for the fintech company most supportive of the “non-cash national movement of inclusion.” 149M : This week, online real estate brokerage company Redfin filed its S-1 and is looking to raise $149M in its IPO.

Fintech 37

Fintech DC Baltimore Regional 37

PYMNTS

OCTOBER 17, 2019

Online banking startup Chime has been hit with an outage that has left its 5 million customers with no access to their money. San Francisco-based Chime launched in 2013, offering debit cards, savings accounts and checking accounts to consumers without any fees.

Digital Banking 107

Digital Banking San Francisco Leadership Cards 107

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 Lending 15

PYMNTS

JUNE 10, 2016

. “We need to be open to discussing it and working through it,” said Comptroller of the Currency Thomas Curry, referring generally to bank charters for FinTech companies. And I think that’s the sea change in attitude here at the OCC.”. The OCC would not comment on Circle or any other firm’s charter acquisition efforts.

Regulation 100

Regulation National Austin Fintech 100

Fintech Labs Insights

MAY 12, 2021

Bank of Montreal online mortgage app circa Jan 1998 (via Internet archive). It’s telling that Apply by Phone/Fax were more prominent than Apply Online. files over the weekend, I ran across an Online Banking Report article I wrote in 1997 about Bank of Montreal’s pioneering online mortgage application. 1,050,000.

Atlanta 15

Atlanta Utah DC Detroit 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. Payment platform for online businesses and processors. Founded: 2013. Fintech Startup of the Week: Challenger Jiko Buys a $100M U.S. Digital Assets. HQ: London.

Innovation 15

Innovation Fintech blockchain Capital 15

Fintech Labs Insights

NOVEMBER 3, 2021

BlueVine is one of the most visible alt-lenders online with monthly traffic topping 1 million in some months. The company says it has originated more than $5B in funding since its founding in 2013. The company says it has originated more than $5B in funding since its founding in 2013. Online billpay. Founded: 2013.

San Francisco 15

San Francisco Comparison Community Bank Online 15