PYMNTS

SEPTEMBER 16, 2016

The capital city is Mexico City, which alone is home to almost 9 million. Nearly $120 million has been invested in approximately 300 startups based in Guadalajara since 2014. Mexico’s longstanding business culture resulted in the government investing $658 million to an estimated 620,000 entrepreneurs back in 2014. percent to 59.8

Fintech 100

Fintech Capital Millennials Mobile 100

Celent Banking

NOVEMBER 30, 2015

Fintech is booming. In 2013, according to a report by Accenture and CB Insights , total investment into Fintech was just less than $4 billion. By 2014 it ballooned to more than $12 billion globally, with 750 deals. Yet neither can institutions continue without any change to the operating model.

Fintech 100

Fintech Report Innovation Trends 100

PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). This isn’t the OCC’s first attempt to create a special banking charter that would benefit tech firms.

Regulation 349

Regulation National System Industry 349

PYMNTS

MARCH 9, 2018

BlueVine , the provider of working capital to small business (SMB) owners, announced news on Thursday (March 8) that it has inked a deal with Veem , the cross-border payments company. Veem has been tackling this problem since launching in 2014,” wrote Amadon in the blog post.

Payments 100

Payments Capital blockchain Software 100

PYMNTS

FEBRUARY 14, 2018

The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market. Its units include Distribution Finance Capital, Satago and Oxygen Finance, while it also owns a minority stake in peer-to-peer (P2P) lender Zopa. reports noted.

Lending 122

Lending Capital Groups Financial Technology 122

PYMNTS

JUNE 21, 2018

Launched in 2014, Robinhood is a minimalist app that lets users set up an an online brokerage account, transfer funds from accounts at major banks (including Chase, Citi and Band of America) and check the prices of their stocks. The talks are not final and no deal has been made. Jack Randall, a spokesman for Robinhood, declined to comment.

Regulation 123

Regulation Millennials California Capital 123

PYMNTS

OCTOBER 16, 2020

That’s why Mastercard and Stride , which operates a portable-benefits platform for gig workers, are joining forces to make it easier for independent contractors to shop for, select, enroll in and pay for healthcare coverage. Stride launched the world’s first “portable benefits platform” in 2014 — a product that has since helped more than 1.5

America 291

America Innovation Customer Experience Industry 291

PYMNTS

SEPTEMBER 15, 2016

The supplier payment solution by FinTech firm Tipalti has attracted venture capitalists. “We look forward to Dovi Frances joining our board of directors and contributing with his extensive experience in the FinTech world.” The company announced on Wednesday (Sept. 14) that it closed a $14 million funding round led by SGVC.

Payments 100

Payments Leadership Fintech Regional 100

PYMNTS

AUGUST 6, 2019

Asian FinTech firm CompareAsiaGroup has raised $20 million in a B1 funding round, it was reported on Tuesday (Aug. Since CompareAsiaGroup was founded in 2014, it has raised in excess of $90 million to date. Singapore-headquartered C88 is one of Southeast Asia’s largest and fastest-growing FinTech companies.

Fintech 108

Fintech Groups Software Tools 108

PYMNTS

JUNE 14, 2018

Combined, the application, licensing and startup costs range between $4 million and $6 million, reports said, while the cost of operating a dispensary can be as high as $2 million. Wall Street executives are behind Columbia Care, for instance, while Captor Capital and resource entrepreneur John Zorbas have backed MedMen.

Massachusetts 108

Massachusetts Industry Resources Operations 108

PYMNTS

JUNE 10, 2019

According to a report , the Chinese startup PingPong, a FinTech company, will invest €100 million ($113 million) in Luxembourg. The company was founded in 2014, and grew in Alibaba’s backyard – the city of Hangzhou. This will help companies complete their digital transformation and be more competitive abroad.”.

blockchain 116

blockchain Security Fintech Regional 116

PYMNTS

DECEMBER 1, 2017

Singapore-based FinTech platform Active.AI million from Vertex Ventures, which is the venture capital arm of Temasek Holdings. The Times of India reported news that the funds raised through this round will be used to expand the company’s operations in the United States and to hire additional staff. said it raised $8.3

United States 109

United States Fintech Capital Report 109

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. If a bank deems a vendor critical to its operation, it must analyze the vendor's financial statements to be confident in its viability. That's all I'm hearing. It's like global warming.

Fintech 60

Fintech Capital Cards Bitcoin 60

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 19, 2017

A new report from the state-backed British Business Bank (BBB), however, suggests alternative lenders are becoming an increasingly important part of its operations in a different way, highlighting how the lines between alternative finance (AltFin) and traditional finance continue to blur. But the BBB also works with traditional players.

Lending 138

Lending Capital Report Customer Experience 138

PYMNTS

AUGUST 29, 2018

Quartz noted that Paystack is the latest African FinTech startup to recently raise funds. The report also pointed to Cellulant , a digital payments company operating in 11 countries in Africa, which raised $47.5 million in a Series C round in May.

Mobile 100

Mobile Operations Meeting Payments 100

Celent Banking

OCTOBER 16, 2015

When I was busy digging up acquisition opportunities for Metavante in the 2000s, it was a “can’t miss” opportunity to take the temperature of fintech, to see what competitors were up to, and especially to keep tabs on the many startups that had emerged from the shadows to lead the way in internet-enabled banking services.

Conference 100

Conference Las Vegas Nashville Capital 100

PYMNTS

DECEMBER 8, 2017

PYMNTS breaks down the investments for B2B FinTechs below. A $10 million Series B funding round for India-based corporate expense management company Happay was announced this week, reports in VCCircle said, with backers from Sequoia Capital leading the investment. Expense Management.

Bitcoin 139

Bitcoin Analytics Payments Capital 139

PYMNTS

DECEMBER 3, 2019

The expansion of traditionally consumer-focused FinTechs widening their solution scope to include B2B payments tools exemplifies just how massive the opportunity is for service providers to tackle friction. SatoshiPay , a FinTech based in London and Berlin, launched in 2014 with the intention of solving micro consumer payments friction.

Payments 134

Payments blockchain Tools Meeting 134

PYMNTS

JULY 1, 2016

As of 2014, the mobile phone penetration rate in Singapore was 148 percent. But outside of a drive to take the smarty city concept to a nationwide level, Singapore has also gained recognition for its advancement in innovation-driven entrepreneurship and becoming a startup capital of the world. With an estimated population of just 5.47

National 133

National Training Bitcoin Samsung 133

PYMNTS

MARCH 23, 2016

FinTech is changing the FS industry from the outside,” stated PwC EMEA FinTech Leader Steve Davies in an announcement revealing the research earlier this month. Researchers at PwC found that, for the banks surveyed, they believe that 23 percent of their operations could take a hit as a result of FinTech innovation like blockchain.

blockchain 100

blockchain Fintech cryptocurrency Innovation 100

PYMNTS

JUNE 24, 2016

The roundup of this week’s venture capital investments in B2B startups offers some insight into the geographical differences in how this space is developing. With new funding, ProcMart said it will continue to collaborate with FinTech and logistics companies as it looks to add financing and other services for its business customers.

National 100

National Trends Lending Capital 100

PYMNTS

JUNE 21, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level. Trackers and Reports.

Fraud 101

Fraud social media cryptocurrency National 101

PYMNTS

MARCH 14, 2016

Small business lenders touted their high-volume milestones, and researchers pointed to a massive spike in FinTech investments. But even as companies witness more accessible working capital and financing solutions, that doesn’t guarantee success. Data from the world of B2B finance flowed in from across the globe this week.

Analysis 100

Analysis Survey Capital Fintech 100

PYMNTS

JULY 22, 2016

It feels like 2014 again with the ongoing popularity of alternative lending startups. million in B2B venture capital was divided among alt-finance, supplier payments and Big Data services startups this past week. MCI Capital, based in Poland, led the financing via its MCI.TechVentures Fund, according to reports. MarketInvoice.

Lending 100

Lending Regulation Big Data Risk Management 100

Jeff For Banks

DECEMBER 29, 2020

Total return includes two components: capital appreciation and dividends. First Capital, Inc. Silvergate Capital Corporation (NYSE: SI) Here we are. leverage ratio combined with their internal profit generation tells me they will be extending the proverbial hat to investors for more capital to support their growth.

North Carolina 147

North Carolina Capital Community Bank Wisconsin 147

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: This UK-based company operates data centers in Europe and Asia. Auto1 Group now has operations in more than 30 countries. Global Switch.

Groups 76

Groups Capital Operations Fintech 76

PYMNTS

FEBRUARY 24, 2016

In a sign that small business lending may be well on its way to moving beyond the traditional conduits of big banks and other larger financial players, online platform Lendio, which helps smaller companies find access to capital, reported heady growth for 2015. The company said Wednesday (Feb. million in funding.

Lending 100

Lending Capital Company Retail 100

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Sigma aims to streamline business operations. The company reached unicorn status in January 2014 at a $1.8B Virtual card issuance. Empowering developers.

Online 98

Online Company Retail Payments 98

Fintech Labs Insights

JUNE 17, 2016

Online wealth management platform Personal Capital announced today it has brought on former Yodlee CFO, Mike Armsby ( pictured ), as its new CFO. In a funding round that boosted its valuation to $500 million, Personal Capital raised $50 million last month , with another $25 million pending. .” Mark Goines is now Vice Chairman.

Capital 12

Capital San Francisco California Management 12

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. Nubank’s other investors include Tiger Global, Sequoia Capital, and Goldman Sachs. 11/29/2014.

Regional 50

Regional America Capital United States 50

Fintech Labs Insights

MAY 18, 2016

What does the world need with another robo-advisor, the founders of Scalable Capital , a Munich-based automated investment platform, asked from the Finovate stage in London earlier this year? As Adam French explained, this is part of what makes Scalable Capital unique among robo-advisors. We followed up with a few questions by email.

Risk Management 20

Risk Management Capital Management Retail 20

Fintech Labs Insights

DECEMBER 9, 2015

There’s more to the Forbes Fintech 50 list than just an awesome logo featuring George Washington wearing wrap-around shades. To make the cut, companies were required to have operations in the U.S. FinovateFall 2014 demo. Founded: 2014. Exit: Purchased by Morningstar in 2014 for $52.5 Personal Capital.

San Francisco 12

San Francisco CA Fintech Portland 12

Jeff For Banks

JULY 5, 2022

They are/were the business owners, demanders of capital and loans, and significant depositors. There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs. And a branch, on average, cost about 1% of deposits in direct operating expenses. Build a positive culture with operating discipline.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

Fintech Labs Insights

JANUARY 8, 2017

FI/fintech partnerships and investments such as the above notwithstanding, the U.S. At the same time, the OCC is doing what it can to make it easier for fintech companies to become a part of the regulated federal financial system. The post Fintech Favorites appeared first on Finovate. Wealth Management and Investing.

Fintech 12

Fintech blockchain Technology Lending 12

CB Insights

OCTOBER 10, 2018

One of the biggest challenges these companies face is that many operate without a bank charter or license. Both have access to significant financial capital to scale far beyond what’s available to even well-funded startup challengers. customers since 2014 ( which is detailed in a separate brief on challenger banks ).

Retail 78

Retail Cards Millennials Mobile 78

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. business.

Cards 101

Cards Lending Strategy US 101