PYMNTS

AUGUST 22, 2017

Venture capital may be drying up for some alternative lenders, but small business lending platform Capital Float is continuing its funding spree with an additional $45 million. 21) led by Ribbit Capital, based in Silicon Valley. Earlier this year, Capital Float announced a much smaller funding round to the tune of $2.3

Capital 101

Capital Lending Course Industry 101

Bank Innovation

MARCH 9, 2016

deal sizes in 2015, a new report from KPMG and CB Insights shows. 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. But yesterday’s Ant Read More.

Fintech 150

Fintech Report Capital blockchain 150

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

AUGUST 8, 2017

educated entrepreneurs met while working abroad at Renaissance Capital and Deutsche Bank. such as Zopa and Lending Club, they saw an opportunity in emerging markets that had been ignored by the big banks, such as Russia, Georgia and Kazakhstan. Observing the rise of disruptive companies in Europe and the U.S.,

Lending 105

Lending Capital Fintech Marketing 105

PYMNTS

AUGUST 30, 2016

Payments technology firm Paytm is headed for a big payday, according to unnamed sources. The mobile payments firm now offers an eCommerce platform and small business lending services. Inc42 reported on Monday (Aug. 29) that the India-based firm, recently valued at about $2.3

Capital 100

Capital Lending Operations Digital Banking 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. And disrupt Lending Club did, with its marketplace lending model, scores of imitators in the U.S.

Lending 100

Lending Compliance Capital Marketing 100

PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. Alternative Lending. This week alone saw two examples of those concerns in action: One U.S. lawmaker, Rep.

Lending 109

Lending Capital Fintech Data 109

PYMNTS

JUNE 20, 2017

unit is offering an update on the progress made by PayPal Working Capital. The company revealed Monday (June 19) that it has facilitated more than $500 million (£400 million) in working capital to U.K. We saw an opportunity for us to help and set about making PayPal Working Capital a reality.”. PayPal U.K.

Capital 108

Capital Innovation Course Tools 108

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 Fintech Analytics 100

PYMNTS

MARCH 21, 2019

The latest move raises Aura’s raised capital amount to $403 million through 21 bond issuances, a number that has helped to fund 283,469 loans. who simply don’t have access to safe lending and are susceptible to predatory lenders. James Gutierrez, CEO and founder of Aura, said the capital will help further the company’s mission. “We

Arizona 107

Arizona Illinois Community Capital 107

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. ” – Tom Armstrong. Bravo OZRK!

Community Bank 60

Community Bank Apple Community Technology 60

Independent Banker

NOVEMBER 30, 2021

La Plata County commissioner Marsha Porter-Norton champions First Southwest Bank’s innovative lending. First Southwest Bank is carving out new business models to address a need for credit and financial services through nonprofit lending programs and software that leverages its community development financial institution (CDFI) funding.

Colorado 119

Colorado Community Bank Community New Mexico 119

PYMNTS

JULY 18, 2016

Lending Club continued to prove there is almost always more to the story, American Express announced a surprise collaboration with Airbnb and PayPal pushed harder into B2B payments. Lending Club’s Latest Bad News. The last several weeks of news for Lending Club suggest that there’s a little of both to be had here.

Lending 100

Lending Payments Metro Cards 100

Abrigo

OCTOBER 14, 2022

You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." King recommends more staff training on loan modifications and workouts, particularly for banking staff that came on board after 2015 and may not have any experience with loan modifications. Lending & Credit Risk. CRE Lending.

Risk Management 195

Risk Management Management Policies Lending 195

PYMNTS

APRIL 10, 2017

New data from Capital One found that half of SMEs surveyed said they are optimistic about current business conditions, up 9 percent from a year ago. The AFP’s newest report found 75 percent of companies fell victim to payments fraud in 2016, up from 71 percent in 2015. percent increase marked in February 2016. After the U.S.

Fraud 100

Fraud Lending Mobile Payments 100

PYMNTS

NOVEMBER 21, 2016

PYMNTS also explores the venture capital and lending spaces as professional investors make some changes and as businesses look to invest in themselves. However, total investment in these startups — venture capital, in addition to angel, hedge fund and mutual fund investment and more — topped $17.8 and Europe dominated in 2015.

Strategy 100

Strategy Lending Capital America 100

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

DECEMBER 19, 2019

Bangalore-based FinTech ZestMoney has raised $15 million in a Series B funding round led by Goldman Sachs and existing investors Naspers, Quona Capital, and Omidyar Network, TechCrunch reported on Thursday (Dec. ZestMoney was founded in 2015 by Chapman, Priya Sharma and Ashish Anantharaman in 2015.

Fintech 130

Fintech Millennials Online Lending 130

PYMNTS

MAY 4, 2017

Small business lending platform Nav has topped up its latest equity capital funding. Reports said CreditEase FinTech Investment Fund, Point72 Ventures and Clocktower Technology Ventures also participated. Reports said CreditEase FinTech Investment Fund, Point72 Ventures and Clocktower Technology Ventures also participated.

Capital 100

Capital Lending America Survey 100

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. Investors placed more than $136.5

Analytics 105

Analytics Capital Tools California 105

PYMNTS

SEPTEMBER 14, 2017

In recent years, banks have even seen greater competition in the lending market from new FinTech players that can quickly approve loan applications and distribute funds to lenders. Some of the more prominent names in the marketplaces lending space include OnDeck, Kabbage and Orion First. New tools for new FinTechs.

Innovation 191

Innovation Lending Fintech Bitcoin 191

PYMNTS

JANUARY 27, 2021

million shares of its common stock, and private equity backer Parthenon Capital Partners is selling 5.59 He wrote that building and using technology to garner customer satisfaction and loyalty are what sets his company apart. The company is offering 9.41 million of its shares, for a combined 15 million shares.

Marketing 182

Marketing Capital Branding Company 182

Abrigo

APRIL 14, 2017

Experts agree that while commercial lending is a critical banking service, it has been one of the least automated and technology-reliant aspects of banking today. A credit risk manager at one bank with $900 million in total assets estimated that her team received approximately 8,220 tax returns in the 2015 calendar year.

Innovation 150

Innovation Taxes Analysis Lending 150

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

JULY 12, 2018

Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. Our review shows that while online lending has grown in recent years, our banking industry still supports the overwhelming majority of lending in New York while being subject to strong safeguards and oversight.

Online 100

Online New York Lending Regulation 100

CB Insights

SEPTEMBER 19, 2017

In 2015 that number rose to 53%, and last year rose again to 58%. Rounding out the top 3 are electronics company Xiaomi ($46B) and online lending platform Lu.com ($18.5B). Blum Capital Partners LP, Tiger Global Management, Sonae.com Ventures. Millennium Technology Value Partners, Spark Capital, Union Square Ventures.

US 78

US Company Capital Groups 78

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

Abrigo

FEBRUARY 9, 2016

The following is an excerpt from the Sageworks whitepaper "Optimizing Capital: Challenges and Opportunities for Financial Institutions". Yet all financial institutions face internal and external challenges that place demands on personnel, time and – perhaps most importantly – on capital. As Comptroller of the Currency Thomas J.

Compliance 150

Compliance Lending System Data 150

PYMNTS

MARCH 3, 2017

Software-as-a-service saw a boom back around 2015, and the X-as-a-Service space hasn’t looked back. banking-as-a-service company emerging at the top of this week’s B2B Venture Capital roundup. banking-as-a-service company emerging at the top of this week’s B2B Venture Capital roundup. Across the U.S., Across the U.S.,

Software 100

Software Capital Compliance Data 100

PYMNTS

MAY 17, 2017

If the lending world is going digital, what do you do if you’re a bank with all the bells and whistles and bricks-and-mortar, where real time is confined to nine to five, Monday through Friday? Perhaps grab some of the technology that might bring you into the 21st century and give you a little (and much needed) alt lending street cred.

Lending 101

Lending Policies Technology Fintech 101

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. in aggregate funding across nearly 900 deals since 2015, and includes startups at different investment stages of development, from early-stage companies to well-funded unicorns.

Fintech 101

Fintech Company Lending Capital 101

Celent Banking

JUNE 12, 2015

Jim covers core systems modernization, the impact of cloud computing, and treasury management technology. My coverage will be focused on the technology impacts of meeting the financial management needs of business customers, ranging from global multinational corporates to small businesses. Innovation and Emerging Technologies.

Lending 100

Lending Trends Meeting Banking Trends 100

PYMNTS

MAY 16, 2016

The venture capital arena has been raising money at a furious pace, but VC firms have also been sitting on the cash for dry powder. billion in the second quarter of 2015, the high water mark for investments. As Reuters reported last week, venture firms invested $12.1 billion in the first quarter, which slowed from $17.3

Capital 100

Capital Examples Lending Strategy 100

PYMNTS

JANUARY 24, 2017

“There’s clearly a demand for [banks] to take back that piece of the lending market,” he stated. The core business of banks is lending money, and just because a new way of lending money has been created doesn’t mean it doesn’t belong in a bank.”. In fact, he said, it’s “inevitable.”.

Lending 100

Lending Software Meeting Technology 100

PYMNTS

AUGUST 28, 2018

Investors PayU, Ribbit Capital and Omidyar Network joined Xiaomi in the fundraising round. ZestMoney, which was founded in 2015, provides loans that focus on the consumer, with terms that are more customer-friendly than a payday loan. To date, the startup has raised $22 million.

Fintech 100

Fintech Lending Capital Company 100

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. That is a 41 perecent pick up from the same quarter in 2015.

Lending 100

Lending Capital Payments Taxes 100

PYMNTS

JANUARY 21, 2019

One of the more recent examples comes from London-based financial technology startup Revolut , which is reportedly “the first London-based FinTech to receive a European banking license.” Revolut plans to offer digital checking and savings accounts, as well as lending, to consumers and businesses. Monzo , a U.K.-based,

Trends 185

Trends Payments Fintech Mobile 185