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. “The

Data 178

Data Fintech Capital Lending 178

PYMNTS

NOVEMBER 17, 2019

Sterling Bancorp announced that it has launched its new Innovation Finance Group , and has tapped veteran technology bankers John Hoesley and Josh Roberts to lead it. Before joining Sterling, Hoesley was at CIBC Bank USA with Josh Roberts, where the two established the Innovation Banking group in 2014.

Groups 116

Groups Innovation Capital Leadership 116

PYMNTS

JANUARY 24, 2019

That led him to realize the potential market for his company, which he started in 2014. Hearst Ventures and Inkef Capital also participated in the round. Aaron Perlis, executive vice president and chief technology officer at commercial real estate finance company Walker & Dunlop , said the service is good because it’s objective.

Lending 181

Lending Marketing Capital Company 181

PYMNTS

JANUARY 30, 2017

Nyca Partners, the venture capital firm focused on the FinTech market, raised $125 million for a second fund. According to a report , Hans Morris, the former Visa president turned venture capitalist, created Nyca Partners in 2014, launching a $30 million fund. Nyca Partners isn’t the only one eyeing the FinTech market.

Fintech 100

Fintech Capital Lending Innovation 100

PYMNTS

JANUARY 12, 2020

million in a Seed funding round for its neo-bank epiFi, led by Sequoia India and Ribbit Capital, TechCrunch reported on Sunday (Jan. Also participating in the funding rounds were David Velez, Kunal Shah and VC fund Hillhouse Capital. Two co-founders of Google Pay in India have raised $13.2

Google 101

Google Capital Millennials Digital Banking 101

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 Last year, analysts found the EU’s alternative lending market to have doubled its valuation compared to 2014 levels.

Lending 100

Lending Analysis Capital National 100

PYMNTS

OCTOBER 22, 2020

In today’s top payments news around the world, Swedish peer-to-peer (P2P) lending upstart Lendify has reportedly secured $115 million of funding, while international trade platform Contour has teamed with information technology (IT) solutions firm Mphasis. Swedish Startup Lendify Closes $115M Funding Deal. Morgan Stanley and J.P.

Security 134

Security Groups Payments Regulation 134

PYMNTS

SEPTEMBER 9, 2019

Goldman Sachs Group is giving a $100 million loan to Konfio, marking the first time the lender’s structured finance, investment and lending business has provided a credit facility to a Latin American FinTech. Konfio’s technology is also able to keep non-performing loans under control, with the company’s delinquency rate at 4.8

New York 123

New York Lending Conference America 123

PYMNTS

APRIL 2, 2018

The bank offers corporate banking, retail banking, treasury management, capital markets, credit cards and wealth management services in a range of consumer and corporate offerings. In February, alternative lending company TruFin, based in the U.K., An F-1 registration statement revealed the bank’s plans for an IPO in the U.S.,

US 112

US Capital Regional Analysis 112

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

Jeff For Banks

DECEMBER 10, 2023

Total return includes two components: capital appreciation and dividends. As both an MDI and CDFI, it applied for and received $80 million from the Emergency Capital Investment Program (ECIP) distributed by the U.S. Well done and best of luck leveraging the ECIP capital for good! #2. The Bancorp, Inc.

Fresno 103

Fresno North Carolina Raleigh FDIC 103

PYMNTS

SEPTEMBER 30, 2020

Co-signed by the American Bankers Association, Bank Policy Institute, Independent Community Bankers of America and The Clearing House, the letter argues that banks and non-bank technology firms are both already embracing innovation in customer service offerings. FDIC), the states and the courts.

Regulation 349

Regulation National System Industry 349

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. Capitalflow.

National 100

National Trends Lending Capital 100

Gonzobanker

MAY 8, 2015

The annual LendIt conference was held last month at Times Square in New York City and GonzoLender descended boldly on the scene to evaluate the mysterious underbelly of digital lending. The lending attack on community banks and credit unions has been waged. LENDING VERTICALS. peer-to-peer or Marketplace) and lending vertical.

Conference 60

Conference Lending Community Bank Community 60

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. While Digital Asset has focused on using its technology in financial markets, the company would not exclude other sectors in the future. “I

blockchain 100

blockchain New York Maine Groups 100

CB Insights

SEPTEMBER 1, 2020

CB Insights has unveiled the third annual Fintech 250 — a list of 250 of the top private fintech companies using technology to transform financial services. Top VC investor: Ribbit Capital is the most active investor in this year’s Fintech 250 companies. across 22 rounds since 2014. Business Lending & Finance.

Fintech 101

Fintech Company Lending Capital 101

Gonzobanker

DECEMBER 19, 2022

2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Since 2014, Seacoast has been on a buying spree acquiring 14 banks. The Smarter Bank Technology Award.

Community 216

Community Fintech Industry Innovation 216

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

CB Insights

MAY 8, 2018

And, although Google searches for “bitcoin” and “blockchain” have slid, companies are still flush with cash from 2017’s ICO boom, cryptocurrency price run-up, and venture capital investment — and are spending it. See how venture firms, corporates, regulators, and builders are shaping the future of blockchain technology.

blockchain 75

blockchain Trends Technology cryptocurrency 75

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

MAY 3, 2019

The possible IPO of the Vision Fund will take place after the vehicle is fully invested, and might result in a creation of a publicly-listed company similar to Berkshire Hathaway (and of course accessible to retail investors, now able to ostensibly act as venture capital investors) with a decidedly tech company focus. SoftBank Activity.

America 123

America Company Course Technology 123

Fintech Labs Insights

AUGUST 11, 2014

FinDEVr San Francisco 2014 -- the first event focused on fintech developers -- is less than two months away, and we''re excited to announce our presenters! After whetting the audience''s appetite on day one, our sponsoring presenters will kick off day two with deep-dive workshops into their developer technology. We''ll see you there!

San Francisco 22

San Francisco Fintech California Innovation 22

Jeff For Banks

DECEMBER 29, 2021

Total return includes two components: capital appreciation and dividends. Silvergate Capital Corporation (NYSE: SI) #2. Silvergate Capital Corporation (NYSE: SI) Here we are again. Silvergate had $150 million in total revenue over the past twelve months, and has a market capitalization of $4.7 Live Oak Bancshares, Inc.

Capital 78

Capital Texas Metro North Carolina 78

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

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

PYMNTS

AUGUST 4, 2016

With its stock value up 10 percent in after hours trading – Square has managed to please investors with losses smaller than expected, growing payments volumes and continuing signs of strength emanating from from its lending platform for small business, Square Capital. Lending’s Continue March Forward.

Lending 100

Lending Capital Payments Taxes 100

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. Marketplace Lending. Additionally, LendingClub’s stock has lost 88 percent of its value since its 2014 IPO.

Fintech 183

Fintech blockchain Lending Digital Banking 183

CB Insights

DECEMBER 12, 2019

From payments to insurtech to lending, fintech companies are attracting investor attention. Since 2014, 12 fintech companies have exited via an IPO or M&A deal valued at $1B or more. Our analysis considers first exits since 2014 only. in late 2014. in late 2014. Lending Club. OnDeck Capital.

Fintech 41

Fintech US Lending Analytics 41

Celent Banking

NOVEMBER 17, 2015

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. Online small business lending by direct credit providers has especially taken off. Morgan Stanley reports that US small business direct lending grew to around $7.5B

Report 100

Report FDIC Lending Fintech 100

Jeff For Banks

DECEMBER 16, 2022

Total return includes two components: capital appreciation and dividends. Silvergate Capital Corporation (NYSE: SI) #2. In their investor deck they told shareholders that the efficiency ratio was likely to gradually rise to 50% as they continue to invest in people, technology, and capital projects. Nasdaq: MCBS) #3.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

PYMNTS

DECEMBER 7, 2016

Rounding out the top three investments, Notion Capital invested nearly $19 million in Smartpipe Solutions, which was a slight boost to activity in the data analytics space. After running quietly since its launch in 2014, Leveris recently announced it’s set to raise €15 million ($16.1 million) in a Series A.

Lending 100

Lending Fintech Data Capital 100

Celent Banking

MARCH 6, 2015

The figures below outline the decline of banks in the US, going from 11,462 at the end of 1992 to 5,809 in 2014. prepaid services, P2P lending, etc.). Consumers now expect a certain basic level of technological capabilities driven by their experiences across other industries. Even labor saving technology (e.g.

Conference 100

Conference Retail Community Austin 100

PYMNTS

FEBRUARY 28, 2017

The headwinds of dwindling foot traffic, the headwinds of mounting costs, the headwinds of inefficient deployments of time and capital and people? With this data point, said Arietta, the cost of human capital itself is on the rise. This is the average growth rate, annually, of retail automation, as measured between 2014 and 2020.

Retail 100

Retail Lending Data Capital 100

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. LendingClub has agreed to pay a $2 million civil penalty to settle the matter. “As

Lending 135

Lending Fraud Management San Francisco 135

Bank Innovation

MARCH 9, 2016

Global fintech funding skyrocketed in 2014 and 2015, but tapered off in the fourth quarter of 2015, with the implication that 2016 won’t be so sweet, according to the report. Asian fintech deal sizes dwarfed U.S. deal sizes in 2015, a new report from KPMG and CB Insights shows. But yesterday’s Ant Read More.

Fintech 150

Fintech Report Capital blockchain 150

Celent Banking

NOVEMBER 30, 2015

By 2014 it ballooned to more than $12 billion globally, with 750 deals. Banks will need to adapt to new behavioral patterns and trends in technology. From a technological perspective, the evolution of technology deployment has made it easier than ever for banks to engage in strategic partnerships. Fintech is booming.

Fintech 100

Fintech Report Innovation Trends 100

PYMNTS

OCTOBER 13, 2016

Kabbage is a data and technology platform that enables real-time lending. We started the company initially to provide small business loans to eBay sellers through a real-time technology platform,” says Petralia. Our focus has always been on user experience and for them to get capital in less than ten minutes.

Regulation 100

Regulation Lending US FDIC 100