PYMNTS

AUGUST 19, 2019

The funds will be used to expand the company’s lending base, build technology and boost analytics capabilities. Launched in 2014 by Harshvardhan Lunia and Mukul Sachan, Lendingkart offers loans to micro, small and medium-sized businesses, issuing more than 60,000 loans to more than 55,000 SMBs in 1,300 cities across India so far.

Security 116

Security Maine Analytics Groups 116

PYMNTS

JULY 22, 2016

It feels like 2014 again with the ongoing popularity of alternative lending startups. Earlier this week, reports emerged that some alternative lending and industry professionals are beginning to heighten their anxieties about incoming regulation, particularly as some ponder whether the U.S. Alternative Lending.

Lending 100

Lending Regulation Big Data Risk Management 100

PYMNTS

MARCH 22, 2019

If data makes the world go ’round, so, too, does it garner investor interest, as evidenced by venture capital and other investors’ funds coming into the coffers of corporates that scrape the web for information. USD in series A funding from a consortium of investors, including Green Visor Capital. An Acquisition in Africa.

Data 178

Data Fintech Capital Lending 178

PYMNTS

MARCH 20, 2018

The “Scottish Pacific SME Growth Index,” released twice a year, found the portion of small businesses that said they would use banks for funding declined from 38 percent in 2014 to 24 percent in 2018. At the same time, interest in alternative lenders increased. Nearly half (47.6 Nearly half (47.6

Fintech 118

Fintech Lending Survey Innovation 118

PYMNTS

SEPTEMBER 12, 2016

Alternative lending has been popular among venture capitalists, but France may not come to mind when one considers the top alt-fin markets of the world. The French alternative lending startup announced a $2.8 million investment round secured from NewAlpha Asset Management, reports said on Friday (Sept. million) raised.

Lending 100

Lending Analysis Capital National 100

PYMNTS

AUGUST 21, 2017

BlueVine, which is an online lender that is focused on the small business market, raised funding last year and has secured a total of $188 million in venture capital funding since 2013. The executive noted that investors are looking at the “viability of the overall lending model” and what effect it will have on the weaker players.

Online 100

Online Lending Capital Compliance 100

Jeff For Banks

DECEMBER 18, 2014

capital appreciation and dividends. The lion''s share of their growth, profitability, and capital have come since their re-branding to Open Bank in 2010. It also has a national platform of specialized finance units in homeowners'' associations, public finance, resort finance, and warehouse lending.

North Dakota 91

North Dakota Arizona Minnesota Los Angeles 91

PYMNTS

SEPTEMBER 25, 2019

For the first time since East & Partners began surveying Australian small businesses about their future growth plans, researchers have found that entrepreneurs are more likely to turn to an alternative lender than a traditional bank for capital. percent, reports said.

Survey 108

Survey Capital Maine Analysis 108

PYMNTS

OCTOBER 1, 2019

Consumer, enterprise and SMB lending all ground to a near halt and underwriters across the spectrum struggled to regain equilibrium after a crisis in mortgage underwriting bloomed into a plague that destabilized the entire global economic system. The rising tide, it seemed, was lifting all boats. topped the number of ones that closed.

Data 135

Data Lending Capital Regulation 135

PYMNTS

NOVEMBER 17, 2019

The new group will provide a full suite of lending and banking products for growing technology companies at every development stage, including asset-based solutions, recurring revenue-based revolving lines of credit, treasury management, foreign exchange and more. Roberts has nearly 20 years of banking experience.

Groups 116

Groups Innovation Capital Leadership 116

PYMNTS

JANUARY 13, 2017

Funding Circle, announced that it secured $100 million in equity funding. 12), the company said California-based venture capital firm Accel Partners led the funding round, with participation from Index Ventures, Union Square Ventures, and Temasek Holdings. The biggest online lender for small businesses in the U.K.,

Lending 100

Lending California Capital Online 100

PYMNTS

MARCH 1, 2016

seeing the greatest value of investments — with China and Germany also securing massive deals, too. Overall, 2015 venture capital investment levels dipped compared to 2014, though only slightly compared to the fraction of investment seen just three and four years ago. Corporate Venture Capital. It amounted to about $12.5

Fintech 100

Fintech Lending Capital 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. Meanwhile, Australia and Ireland revealed their continuing support of the alternative SME lending space, even as the U.S. Alt-Lending. But the U.S. But the U.S.

National 100

National Trends Lending Capital 100

Abrigo

JANUARY 13, 2015

During an October 2014 NCUA examination of Palm Springs Federal Credit Union (FCU), a confidential flash drive went missing. According to Palm Springs FCU President & CEO Debbi Pitigliano, the drive was provided to the NCUA and contained members’ personal information, including names, addresses and social security numbers.

Lending 150

Lending Regulation Data How To 150

PYMNTS

MARCH 5, 2016

The Federal Reserve published the findings of its research on small business lending habits in the U.S. According to the Fed, 80 percent of SMEs that sought funding in 2015 received it, a 15 percent increase from 2014 levels. In addition to increased bank lending, revenue was up for the businesses surveyed.

Cleveland 100

Cleveland Lending Survey Online 100

PYMNTS

SEPTEMBER 30, 2020

The groups argue that such efforts are secured under the current regulatory regime, and that allowing innovation at the expense of the financial system’s stability isn’t beneficial. The agency first proposed a special banking charter for FinTechs in 2014 that would limit pushback from the Federal Deposit Insurance Corp.

Regulation 349

Regulation National System Industry 349

PYMNTS

AUGUST 12, 2016

Then, there was the announcement of Square Capital’s partnership with Upserve , a restaurant management system (the same one that also acquired Breadcrumb from Groupon in May) to extend working capital to restaurants. Online Lending. After a one-week hiatus, Lending Club finds its way back onto the Fizzle list.

Lending 100

Lending Apple Cards Study 100

PYMNTS

MAY 29, 2018

Whenever it happens, it’s safe to say that a $150 billion valuation would make Ant’s IPO one of the biggest ever, putting it ahead of Facebook ’s $104 billion IPO in 2012 and behind Alibaba’s $168 billion IPO in 2014. The deal was established in the lead-up to Alibaba’s 2014 IPO. Reasons To Invest. It posted 9.18 billion yuan ($1.4

Capital 101

Capital Security Lending National 101

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

PYMNTS

OCTOBER 17, 2017

According to news from Reuters , this latest round was led by Jefferson River Capital, LLC, the family office of Tony James, president and chief operating officer of private equity firm Blackstone. Its clients include Australian Securities Exchange, which is also an investor, and the Depository Trust & Clearing Corporation.

blockchain 100

blockchain New York Maine Groups 100

PYMNTS

NOVEMBER 23, 2017

The end result is that companies outside China will be able to, eventually, control Chinese securities and asset management firms, insurance companies (through joint venture majority stakes) and banks. Now, total exposure to China, through lending, stands at $1.89 trillion at 2014’s end. However, look at the scale of U.S.

Marketing 128

Marketing Lending Security Regulation 128

PYMNTS

SEPTEMBER 28, 2016

Investors have cooled off to alternative lending in the U.S. Just look at the near-immediate struggle faced by Lending Club and OnDeck after their IPOs in 2014, or more recently, the knock-on effect Lending Club’s less-than-noble lending practices have had on investor confidence in other marketplace lenders.

Lending 100

Lending Regulation Capital Industry 100

Abrigo

JANUARY 15, 2015

In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending. Residential mortgage lending is the bank’s specialty; that figure represents more than 48 percent of the institution’s total assets (at $9.56

Cleveland 150

Cleveland Detroit Michigan Community Bank 150

Bank Innovation

JUNE 23, 2016

Launched in 2014, Ant Financial Read More. Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world.

Innovation 284

Innovation Company social media Operations 284

Fintech Labs Insights

APRIL 12, 2024

The last one, published in Jan 2014, featured 50 innovations (see below). I will update with milestones from 2014 to today and publish next month. Note: These are the rankings from 10 years ago. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

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. CB Insights Note. Investment syndicates. BEST OF DISRUPTION REPORT.

Capital 34

Capital Software Google Company 34

PYMNTS

APRIL 30, 2018

Marketplace lending. The blockchain can even end world poverty and transform society by making it safer for total strangers to lend each other money — without any third-party intermediary — and without any risk. trillion; on security-related hardware, software and services at 10 percent a year from a 2018 base of $91.4

Fintech 183

Fintech blockchain Lending Digital Banking 183

Abrigo

APRIL 28, 2016

The SBA offers the “three Cs” to help aspiring entrepreneurs start up and scale up by making counseling available, providing more choices and chances to secure capital, and by helping them seize market opportunities to commercialize their ideas.

National 150

National San Jose Los Angeles United States 150

Bankelele

OCTOBER 21, 2015

The total SME lending portfolio in December 2013 was estimated at Kshs. According to Treasury, the scheme was discontinued because “the intention was not for the Government to lend, but to create an incentive for banks to engage with SMEs”. Potential 20 Million Credit Reports: As of 31 December 2014, a total of 5.2 It takes 4.5

Lending 28

Lending Capital Analysis Mobile 28

PYMNTS

APRIL 4, 2016

We examine the findings from several market reports on small business access to capital, lending, growth and employment. 68% of B2B buyers made their purchases online in 2014 , found Accenture Interactive in a newly released research report. Security, as companies depend more on Big Data.

Survey 100

Survey Lending Analysis Management 100

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. Attorney Alex Tse. “We The Response.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

MARCH 3, 2017

The big news this week in cryptocurrency is, of course, bitcoin hitting new record highs amid the possibility that the Securities and Exchange Commission (SEC) could approve a bitcoin exchange–traded fund. How bitcoin will fare if and when introduced to the Market with a capital M is anybody’s guess for now. In February 2014, Mt.

Bitcoin 100

Bitcoin cryptocurrency Course Capital 100

Jeff For Banks

SEPTEMBER 13, 2015

Chan came as part of the recap, and rose to Chairman in 2014. Selection: Mitch Englert, EVP of Community Banking, Capital City Bank Group, Inc. Thirty-four percent of Capital City's deposits are non-interest bearing. Security Bank in Midland, Texas lends to business, period. Yeah, Chan can own my team.

Community Bank 60

Community Bank Lending Community Security 60

PYMNTS

MARCH 17, 2017

The movement toward financial inclusion, and toward a consumer experience that is seamless and intuitive and secure, is one that brings companies to share process and perhaps even prosperity. Lending, Lending Everywhere, With Quite a Lot to Think. As remarked early in the day, it takes a village to build a payments ecosystem.

Innovation 103

Innovation Lending Boston Security 103

Jeff For Banks

JUNE 2, 2023

More recently and by comparison, the mortgage meltdown and subsequent global financial crisis took down more than 500 banks between 2007 and 2014, with total assets of nearly $959 billion. The old borrow short, lend long strategy. And quite frankly, I did not know there were so many tranches to mortgage-backed securities.

FDIC 78

FDIC Community Bank Regulation Lending 78

Fintech Labs Insights

APRIL 27, 2016

This week, small business lender Mayava Capital honored the most influential people in small business lending in its Marketplace Lending Power 20 awards. The recipients in order of rank: Lending Club CEO & Founder, Renaud Laplanche. Took the company public in 2014. OnDeck Capital CEO, Noah Breslow.

Lending 12

Lending San Francisco Utah Capital 12

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