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

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

NOVEMBER 5, 2018

Ant Financial , the Chinese FinTech giant and an affiliate of Alibaba Group , posted an earnings pre-tax loss of 2.4 It marked the third time that Ant had a quarterly loss since its unit’s result was disclosed by Alibaba in the early part of 2014. billion yuan ($353 million USD) for the quarter ending Sept. It posted 9.18

Taxes 134

Taxes Lending Operations Marketing 134

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.

Report 100

Report FDIC Lending Fintech 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

PYMNTS

JUNE 17, 2016

Unfortunately, “60 Minutes,” famous for investigative journalism, missed the really big story in FinTech. A few days later, one of the founding fathers of FinTech, Renaud Laplanche , was forced out of Lending Club, the peer-to-peer lender he founded in 2006, following scandals over loan disclosures and conflicts of interest.

Bitcoin 100

Bitcoin Lending blockchain Fintech 100

Bank Innovation

APRIL 3, 2018

based money transfer service, it launched in 2014, where customers could transfer money at lower fees. Retail giant Walmart announced today the launch of a global money transfer service called Walmart2World. The Walmart2World service is extension of its U.S.-based

Retail 250

Retail Online Innovation Lending 250

PYMNTS

JULY 29, 2020

Enova International plans to acquire online small-business lender OnDeck for some $90 million in cash and stock. This strategic transaction, which brings together two FinTech leaders, is a great opportunity for customers, employees and shareholders of both companies,” Enova CEO David Fisher said in announcing the deal.

Online 165

Online Fintech Report Strategy 165

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. 161 $323 21 Branch 357 2015 Minneapolis 222,000 $633 22 Albert 315 2015 LA 1,270,000 $176 23 Current 307 2015 NYC 856,000 $402 24 Greenlight 302 2014 Atlanta 458,000 3.8

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

PYMNTS

APRIL 2, 2018

It’s not only for consumers, though: Alternative lending firm Kabbage recently found that mobile lending is on the rise among small businesses, with a more than 360 percent increase in the number of SMB loans accessed via mobile device between April 2014 and February 2018.

blockchain 171

blockchain Lending User Experience Mobile 171

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

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

JUNE 24, 2016

Meanwhile, Australia and Ireland revealed their continuing support of the alternative SME lending space, even as the U.S. An online platform for the procurement of office supplies in India secured new funding from one of its peers. . Alt-Lending. market struggles with investor doubt and regulatory scrutiny. But the U.S.

National 100

National Trends Lending Capital 100

Fintech Labs Insights

NOVEMBER 4, 2020

At FintechLIVE , we maintain a list of 21st century fintech unicorns* and update it at least monthly. Previously unrecognized: HealthEquity : The HSA (Health Savings Account) giant went public in 2014 and is currently valued at $4B Tinkoff Bank (TCS: LI): Public company founded in 2006 serving the Russian market. valuation. _. *To

Fintech 15

Fintech Atlanta Lending Company 15

PYMNTS

JULY 3, 2018

The pullback of banks from the small business lending space left a gap filled by alternative lenders who are exploring new ways to connect entrepreneurs with capital, a journey that includes innovation and a bit of experimentation. An IBISWorld report published in 2014 found that 98 percent of U.S.

Data 100

Data social media Lending Tools 100

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. Founded: 2014. Payment platform for online businesses and processors. 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

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

Fintech Labs Insights

MAY 13, 2015

CUneXus showed off cplXpress : “Our cplXpress platform allows lending institutions to empower their customers with perpetual loan approval across multiple product lines. The post CUneXus Demos Comprehensive PreScreened Lending Platform appeared first on Finovate. This post is part of our live coverage of FinovateSpring 2015.

Lending 12

Lending San Francisco CA Mobile 12

Fintech Labs Insights

JULY 18, 2016

Lending platform Cloud Lending Solutions recently announced a partnership with Japanese technology company Fujitsu. Fujitsu will help Cloud Lending Solutions distribute CL Originate , CL Lease , CL Loan , and CL Collections to its large and small business customers in Japanese and ASEAN markets.

Lending 12

Lending San Francisco America California 12

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.

Fintech 15

Fintech Risk Management Technology Online 15

Fintech Labs Insights

AUGUST 12, 2014

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. But as YC grew from 2005 to 2009, the number of fintech companies stayed at roughly 1 per year. You are almost guaranteed a multi-million funding. During the past 4.5

Fintech 26

Fintech Bitcoin Cards Online 26

Fintech Labs Insights

DECEMBER 17, 2015

Debt repayment app PaySwag will integrate its mobile technology with Cloud Lending’s lending platform courtesy of a partnership announced today. The white-label solution enables Cloud Lending customers to view, pay, and refinance their loans by mobile device. The relationship between the companies goes back to 2014.

Lending 12

Lending Mobile Nevada California 12

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. Amazon Payments.

Cards 101

Cards Lending Strategy US 101

Insights on Business

AUGUST 31, 2017

Prime Minister Narendra Modi promised in 2014 to end “financial untouchability” and launched a government campaign to reduce the forty percent of the population without access to basic banking services. Banking in India is in the midst of a major reinvention, a digital reinvention to be exact. Digital India.

Analytics 87

Analytics blockchain System Industry 87

Fintech Labs Insights

OCTOBER 22, 2015

Online SME lender OnDeck has announced a significant expansion of its product line for small businesses. ” Pictured (left to right): Miranda Lanzillotti, Marketing Communications Manager, and Pamela Rice, Senior Vice President of Technology, for OnDeck, discussing lending APIs at FinDEVr 2014.

Lending 12

Lending San Francisco New York City New York 12

Fintech Labs Insights

JULY 22, 2015

We published our first fintech unicorn list in April 2014 with a mere 11 companies. Unlike other lists, we include exits (2 companies), public companies (5), real estate plays (2), and a few Finovate alums (3) that are not pure-play fintech, but do have substantial operations in that vertical. Zhong An Online*.

Fintech 12

Fintech Lending Bitcoin Software 12

Lars Markull

NOVEMBER 14, 2019

But in the meantime, I am lucky enough to be able to work with different FinTech startups and support them on their open banking journey. I know the team behind OPB for a few years from various FinTech events as they have been one of the first Open Banking players in Europe. Furthermore, India is quite an interesting FinTech market.

Fintech 45

Fintech Regulation Cards Lending 45

Lars Markull

NOVEMBER 14, 2019

But in the meantime, I am lucky enough to be able to work with different FinTech startups and support them on their open banking journey. I know the team behind OPB for a few years from various FinTech events as they have been one of the first Open Banking players in Europe. Furthermore, India is quite an interesting FinTech market.

Fintech 40

Fintech Regulation Cards Lending 40

Fintech Labs Insights

JULY 31, 2015

Another monster week in fintech. Depending on how much Stripe received in its round (at a $5 billion valuation), something north of $600 million flowed to 17 fintech companies worldwide. To put that in perspective, during all of 2014 our alums raised just over $1 billion (excludes IPOs (Yodlee, OnDeck, and Lending Club).

San Francisco 12

San Francisco Fintech Company New York City 12

Fintech Labs Insights

APRIL 15, 2016

Last night in Amsterdam the 2016 European Fintech Awards celebrated innovators shaping the future of finance. Four of the winners are Finovate and FinDEVr alums, including BehavioSec, who won the overall award of Best European Fintech Company of 2016: BehavioSec. FinovateSpring 2014 demo. Cloud Lending Solutions.

Fintech 12

Fintech San Francisco Lending Innovation 12

Gonzobanker

DECEMBER 22, 2020

Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. BCU has worked tenaciously to create a near-lights-out lending process with its consumer originations. The Experience Award Goes to BCU , Chicago. THE VENDOR AWARDS.

Idaho 181

Idaho Community Industry Strategy 181

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, Valuation: $2.5B. Valuation: $2B.

Groups 76

Groups Capital Operations Fintech 76

Fintech Labs Insights

AUGUST 17, 2015

Four out of the top 100 companies are Finovate alums: Kabbage , provides working capital to small businesses online. 2014 revenue: $40.2 WePay , payment technology provider for online platforms and marketplaces. 2014 revenue: $24.9 WePay debuted its Veda Risk Engine API at FinovateSpring 2014. 2014 revenue: $81.3

San Francisco 12

San Francisco CA Atlanta Big Data 12

PYMNTS

SEPTEMBER 30, 2016

” Bitso was founded in 2014, and the startup has just raised $2.5 Vogel said few users are making speculative investments, and most use accounts to pay for online games or as a P2P lending platform. I think those places are very interesting.” “We almost have no speculative players in our exchange. Harsh words.

Bitcoin 100

Bitcoin America National Report 100

Fintech Labs Insights

NOVEMBER 19, 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. Founded: 2014.

Atlanta 15

Atlanta Utah Miami DC 15

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. Founded: 2014.

Atlanta 15

Atlanta Utah DC Detroit 15

Fintech Labs Insights

AUGUST 28, 2015

billion, almost a 6x increase over $410 million raised in August 2014. YTD, the fintech sector has raised $12 billion. Automated online accounting. Able Lending. Online tools for self-directed investors. Prepaid Online Systems (aka CashPinSafe). Tags: P2P, lending, mortgage, loans, peer-to-peer.

Company 12

Company Fintech California San Francisco 12