PYMNTS

NOVEMBER 9, 2020

The FinTech lender Tide is scrambling to secure the funding necessary to offer BBL top-ups to its customers. Lending decisions under the bounce-back loan scheme are fully delegated to the accredited lenders. Tide was founded by banker George Bevis in 2015; London venture capitalist Eileen Burbidge serves as the bank's chair.

Fintech 177

Fintech Lending Digital Banking Capital 177

PYMNTS

OCTOBER 14, 2016

Not one of the four alternative lending startups that secured investments this week were from the U.S. Alternative Lending. Late last week, South Africa’s LulaLend brought some rare attention to the nation’s alternative lending space. There’s talk that alternative finance is dead. Well, in the U.S.,

Lending 100

Lending US Capital Report 100

PYMNTS

DECEMBER 10, 2016

Two years ago today, Lending Club was ringing the bell on an IPO that one early investor called “a no-brainer.”. Lending Club’s model does not need bank branches on each street corner, and it can turn around in minutes and hours, not days. “I So what went so right for LendingClub two years ago today at its IPO — and then so wrong?

Lending 100

Lending Compliance Capital Marketing 100

PYMNTS

JULY 19, 2018

s TrueLayer has secured a new round of funding, while Lativa’s Robo.cash and LLP Zaymer are working together to provide an opportunity to invest in installment loans. LLP Zaymer is familiar with the market: It has worked on non-banking lending in Kazakhstan since 2015. “We teaming up to launch Razer Pay in Singapore.

Security 100

Security Lending US Payments 100

PYMNTS

SEPTEMBER 5, 2019

Alternative lender Ultimate Finance is exiting the unsecured lending market in response to “market conditions,” according to the company. He added that “evolution is needed to reach our long-term aspirations and to capitalize on the huge opportunity in front of us.”. Reports in Verdict.co.uk on Wednesday (Sept. 4) said the U.K.

Lending 101

Lending Strategy Capital US 101

PYMNTS

MARCH 1, 2016

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. Innovate Finance released The 2015 FinTech Investment Landscape this month, a report that offers a snapshot at how investors are placing their money among financial innovators. It amounted to about $12.5

Fintech 100

Fintech Lending Capital Innovation 100

PYMNTS

JUNE 18, 2019

In a Series C round led by Sequoia India and Ribbit Capital, online payments firm Razorpay has notched $75 million in funding. The company is said to use the funds to grow new offerings such as its Razorpay Capital lending arm and Razorpay X neo-banking platform. The company was started by Harshil Mathur and Shashank Kumar.

Capital 108

Capital Management Cards Lending 108

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

Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. FFIEC’s Cyber Security Self-Assessment Tool.

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

MARCH 20, 2018

Alternative lending options, including debtor finance and P2P lending, offer SMEs the chance to fund growth without using property as security,” explained Scottish Pacific CEO Peter Langham in a statement. Last December, Tyro, a bank-FinTech hybrid, launched in Australia after it landed a banking license in 2015.

Fintech 118

Fintech Lending Survey Innovation 118

PYMNTS

JULY 20, 2018

million with B2B startups this past week, and while investment targets were diverse (including B2B eCommerce and small business lending), the bulk of the funding landed at companies focused on enhancing businesses’ ability to assess their performance. million raised in 2015, which was led by Ardent Capital.

Analytics 105

Analytics Capital Tools California 105

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. It wasn’t until late 2015 that the number of small businesses opened in the U.S.

Data 135

Data Lending Capital Regulation 135

PYMNTS

FEBRUARY 7, 2017

According to “Digital Disruption — Revisited: What FinTech VC Investments Tells Us About A Changing Industry,” Citi expects an influx in venture capital across the FinTech startup scape. That’s clearly great news for China, which has proven resilient despite a global slowdown in venture capital investments in FinTech startups.

Fintech 100

Fintech US Capital Lending 100

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

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

JANUARY 27, 2021

LoanDepot will be seeking as much as $315 million in its initial public offering (IPO), according to a Securities and Exchange Commission (SEC) filing. million shares of its common stock, and private equity backer Parthenon Capital Partners is selling 5.59 The company is offering 9.41

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Marketing Capital Branding Company 182

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

DECEMBER 8, 2016

Venture capital has hit a plateau, according to some analysts. “After $100M+ checks flowed freely to VC-backed companies through much of 2015, the mega-round trend has settled into a lower range through 2016,” concluded KPMG and CB Insights in their Q3 2016 venture capital report.

Fintech 100

Fintech Capital Analysis Trends 100

PYMNTS

APRIL 5, 2019

After months of strategy adjustments, loan defaults and shifts in market exposure, Funding Circle’s SME Income Fund is set to close, sending shares down for the alternative lending company Friday (April 5). The fund launched in 2015 to finance Funding Circle loans on its marketplaces in the U.S., Germany and Netherlands.

Lending 100

Lending Report Strategy Capital 100

PYMNTS

MAY 9, 2016

Last week, OnDeck, Kabbage and CAN Capital banned together to form the Innovative Lending Platform Association (ILPA), an advocacy group to champion increased transparency for small business borrowers in the alternative and marketplace lending sphere. Is the alternative lending space concerned about incoming regulation? “No,

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Regulation Lending 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

Abrigo

JANUARY 27, 2017

The good news for financial institutions that see SMB lending as a crucial part of their loan portfolio growth strategy is that small businesses are in need of capital. Access to Capital 2. According to a 2015 study from Barlow Research, 82.1 Good Deal 5. Further, only 7.7

Online 150

Online Capital Software System 150

PYMNTS

FEBRUARY 7, 2017

Plaid Technologies, a startup that helps FinTechs like Venmo and Lending Club access their customers’ bank accounts, has raised $44 million in a Series B round of venture capital funding. According to a report , the venture units of Citi and Amex took part in the latest round of fundraising.

Technology 100

Technology Tools Analytics Fintech 100

South State Correspondent

APRIL 10, 2023

Taking a broader market share perspective, community/regional banks have expanded their market share of the CRE market from an average share of 17% over the four years from 2015 to 2019 to a share of 27% during the last year alone. In secondary and tertiary markets, it is only smaller financial institutions lending.

Community Bank 195

Community Bank Community Los Angeles Regional 195

PYMNTS

JUNE 10, 2020

The FTC filed a complaint against RCG Advance LLC, (formerly known as Richmond Capital Group LLC, doing business as Viceroy Capital Funding) and Ram Capital Funding, along with some of the company’s alleged principals.

New York 130

New York Capital Groups Examples 130

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

Jeff For Banks

DECEMBER 19, 2015

Total return includes two components: capital appreciation and dividends. The Company's residential mortgage division, headquartered in Atlanta, has lending offices in Arizona, Florida, Georgia, Maryland, Michigan, Indiana, Illinois and Ohio. Please do not claim to invest in any security based on what you read here.

North Dakota 60

North Dakota Arizona Michigan Florida 60

PYMNTS

NOVEMBER 18, 2016

billion in FinTech VC funding in the quarter, down 17 percent compared to the previous quarter — a stark decline from the $5 billion-plus quarterly investment values seen in quarters in 2015. Alternative Lending. Future Venture Capital spearheaded yet another funding round in the U.S. 17) that it secured $1.81 and abroad.

Fintech 100

Fintech US Capital Community 100

PYMNTS

SEPTEMBER 15, 2016

Last May, KPMG International and CB Insights concluded that 2016 will set a record for FinTech investment, surpassing 2015’s investment totals by 36 percent. Sapphire Ventures is one venture capital firm with a heavy hand in this space. 14), the company revealed a new $1 billion venture capital fund. On Wednesday (Sept.

Fintech 100

Fintech Capital Security Company 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. 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

Jeff For Banks

JULY 2, 2015

Many if not most small businesses are not “bankable”, in the lending sense of the word. The expansion would take him into the red for the next two years and his seed capital, taken from his personal savings and a home equity loan was not enough to fund the expansion. No risk appetite to do early stage business lending?

Lending 60

Lending Capital Wisconsin Community 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. CB Insights Note. Investment syndicates. BEST OF DISRUPTION REPORT.

Capital 34

Capital Software Google Company 34

PYMNTS

JANUARY 27, 2017

Analysts found that, in the first nine months of 2016, China held the top spot for FinTech investment, with funding raised for that period doubling compared to the same period in 2015. The firm announced Tuesday that it secured $14.6 France and India. million raised. Lighthouse.io. On Thursday (Jan. 26), Australian startup Lighthouse.io

Fintech 100

Fintech Cards Mobile Capital 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

MAY 28, 2019

The company previously raised $111 million in venture funding from Accel, Bessemer Venture Partners, Square Peg Capital, Qumra Capital and others. The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange. Just under 40 percent – or 39.1

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

APRIL 12, 2017

Years in the making, the regulation was born from the JOBS Act, which was signed into law in 2012, with Title IV of the act — also known as Regulation A+ — enabling average joes to invest in companies seeking capital. Last month Funding Wonder announced that it secured its first business to seek funds through the platform.

Regulation 102

Regulation Lending social media Operations 102