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AUGUST 2, 2016

Small businesses will be crucial to the expansion of the P2P lending market across the globe, analysts from Technavio said. 1) said micro, small and medium-sized enterprise (MSME) lending will help fuel growth in the global peer-to-peer lending space between 2016 and 2020. ” .

Lending 100

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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

JULY 22, 2016

It feels like 2014 again with the ongoing popularity of alternative lending startups. It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., Alternative Lending. million for alt-lenders this week. Find out how the more than $26.5 MarketInvoice.

Lending 100

Lending Regulation Big Data Risk Management 100

Celent Banking

MARCH 30, 2016

Last week, I participated in a Finextra webinar on the topic of “Connected Credit and Compliance for Lending Growth” with panelists from ING, Vertus Partners, Misys and Credits Vision. Cost of compliance. Changing client expectations. Competition from new entrants.

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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?

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SEPTEMBER 30, 2016

B2B startups saw a little bit of everything this week when it came to venture capital. And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. Expense Management. Alternative Lending.

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APRIL 24, 2017

Small business lending activity across the globe is in flux. China saw a whopping 17 percent increase in small business lending in Q1, while U.S. We break down the latest on SME lending in these key markets. On the other side of the conversation is Marathon Partners Equity Management, LLC, which has owned 1.75

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PYMNTS

OCTOBER 2, 2018

We’re also a pure-play technology company, designed to support banks [that] want to offer lending products, but … either can’t or won’t dedicate hundreds of millions to building the capacity,” he said. Avant launched its first bank partnership with Alabama-based Regions Bank in 2016, using its SaaS product.

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PYMNTS

FEBRUARY 16, 2018

Similar to small businesses, said Albert Periu , middle-market firms struggle to not only gain the capital they need from traditional financiers; they’re also burdened by paper-based manual processes in the application and loan management process. There weren’t many FinTech or digital solutions for this segment.

Lending 101

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PYMNTS

AUGUST 18, 2020

Citigroup ‘s request to freeze around $175 million in funds that were paid to hedge fund manager Brigade Capital Management by mistake has been granted by a judge, The Wall Street Journal (WSJ) reports. Citi has said the payment was a mistake, made in error from the bank’s own funds. The company had $415.7

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Payments Capital Management Lending 160

PYMNTS

MAY 18, 2020

Judo Bank, a challenger bank, received $148 million in a Series C funding round from investors, including existing backers like Ironbridge Capital and Bain Capital. The bank focuses on small- and medium-sized business (SMB) lending. “We

Lending 130

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Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? Source: DeBanked ) Square Capital lent about $1.6 Source: DeBanked ).

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Lending Community Bank Community Data 136

Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

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PYMNTS

JUNE 30, 2017

A new report from Dun & Bradstreet and the Pepperdine Graziadio School of Business and Management finds the majority of small- and medium-sized enterprises in the U.S. SMEs say they have faced working capital challenges in the last three months, the highest rate the surveyors have seen in five years.

Survey 156

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Bank Innovation

JUNE 23, 2016

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. Launched in 2014, Ant Financial Read More.

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PYMNTS

OCTOBER 6, 2017

The small business loan market is oversaturated, she argued, creating a “FinTech credit bubble” that first showed signs of deflating as investors pulled out of some players like CAN Capital and LendingClub in 2016. Alternative Lending. The market is ripe for consolidation and beneficial partnerships,” Grealish wrote.

Lending 152

Lending Capital Marketing Report 152

Abrigo

NOVEMBER 18, 2016

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. For many, commercial real estate lending may be the ticket. This reflects a larger industry trend.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

PYMNTS

DECEMBER 1, 2019

A source told the Financial Times that Zopa will receive the funds from an entity linked to IAG Capital Partners, a U.S.-based Launched in 2005, Zopa is considered one of the world’s first P2P lenders, lending almost £4 billion to consumers in the U.K. based fund, and its U.K. investment vehicle Silverstripe. since its inception.

Digital Banking 142

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PYMNTS

JUNE 28, 2016

And while we expect 2016 will mark the 24oth July 4th in a row that the British have not celebrated, one can not help but admire the impressive degree to which they’ve upped the level of the fireworks game. Marketplace lending, in short, did not need more fireworks. The fourth of July is not a holiday celebrated in the U.K.,

Lending 100

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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.

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PYMNTS

JUNE 24, 2020

Zopa received those funds from a group linked to IAG Capital Partners, a U.S.-based million) from new and existing investors in two funding rounds since applying for the banking license in 2016, and it added several former banking executives to create a board. Capital One was one of the earlier disrupters,” Janardana said.

Security 215

Security Capital Cards Report 215

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. China saw more than half of the world’s FinTech investments in the first nine months of 2016, the bank noted. But not all markets are created equal.

Fintech 100

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PYMNTS

OCTOBER 1, 2018

By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. Last week’s announcements capped off two years of investigation into the P2P lending firm, and its board has expressed some relief that it seems to be time to turn the page on the events of 2016. The Response.

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PYMNTS

APRIL 28, 2017

venture capital sphere this week: VC funding for FinTech startups in Q1 alone hit $1.2 Analysts said the industry has seen its highest venture capital activity since Q1 of 2016, fueled by focus on late-stage investment rounds. This week’s B2B venture capital roundup is quite indicative of these trends.

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PYMNTS

JULY 9, 2020

SMBs, without much access to cash flow or capital, were especially damaged, even though the government and bank tried to help with new credit lines. With the acquisition, Rapidoo, launched in 2016 by Pedro de Cicco , Thiago Frigo , Caspar Gerleve , and Raphael Monteiro , hopes to combat those numbers and expand its customer base.

Resources 158

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PYMNTS

DECEMBER 12, 2017

The investment was led by GIC, a sovereign wealth fund from Singapore, as well as a host of other participants, ranging from Khosla Ventures to Ribbit Capital and others. With the newest capital raise, Levchin said, “one of the initiatives that we are going to undertake in 2018 is ‘where do we help our merchant partners more?’

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PYMNTS

NOVEMBER 27, 2019

Online small business lending platform Funding Circle is launching a new feature for U.S. Managing Director Bernardo Martinez. small businesses to be able to choose from three approved loan options. Dubbed Small Business Choice, the new offering from Funding Circle U.S. In October, Funding Circle’s U.K. Funding Circle U.K.

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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

Abrigo

AUGUST 3, 2017

The FDIC paper The Entry, Performance, and Risk Profile of De Novo Banks published in April 2016 reports that the number of de novo bank failures and acquisitions annually has drastically declined since 2010, primarily due to the fact that new bank formations have become nearly inexistent. A low interest rate environment 2.

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Oklahoma City FDIC Handbook Oklahoma 150

PYMNTS

APRIL 28, 2016

Citi Ventures, the venture capital unit of Citibank, provided an undisclosed sum to the cloud-based SME lending platform, which provides factoring, inventory financing, invoice financing and other types of loans. According to reports, BlueVine is expected to facilitate more than $200 million in loans to SMEs in 2016.

Capital 100

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PYMNTS

JUNE 19, 2018

Rent-A-Center ‘s decision to sell itself to Vintage Capital comes amid a continuing expansion of so-called “alt lending” options for consumers, which could make it more difficult for the chain to reinvent itself as it becomes a private company under its new ownership.

Lending 103

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PYMNTS

JULY 23, 2019

The initial Vision Fund was created in 2016 after SoftBank made a deal with Saudi Arabia’s Mohammed bin Salman to have the world’s biggest buyout operation. The creation of the fund has given tech companies a way to raise billions in private capital, instead of having to go public for funds. Creditas is aiming to change that.

Lending 134

Lending Capital America Technology 134

PYMNTS

FEBRUARY 5, 2019

I think it is pretty obvious when you read stories about the payday lending industry – and how it goes wrong for customers – that consumers need a better alternative,” Onward Financial Founder Ronnie Washington said. In other words, a payday loan from the source of the paycheck. But now, they are ready to think about expanding.

Washington 178

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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., seeking $100 million in share sales.

US 112

US Capital Regional Analysis 112

PYMNTS

NOVEMBER 7, 2016

Most notable in the quarter, as evidenced by management commentary, was the fact that more large merchants (defined as volumes of at least $125,000) have been signing on with Square. Nonetheless, it simply bracketed guidance for the remainder of the year, which implies some amount of caution heading into the remaining several weeks of 2016.

Payments 161

Payments America Lending Capital 161

PYMNTS

MARCH 28, 2017

has decided to pursue an IPO, a little over a year after the firm had decided to postpone its listing in the face of the tough market conditions that made 2016 the slowest year for initial public offering in the last ten. Still, lending can be a tough place to go looking for investor love — a fact that LendingClub Corp.

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Fort Worth Capital Groups Lending 100

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AUGUST 4, 2016

Square managed to redeem its disappointing Q1 performance with healthier Q2 earnings. Square has struggled in 2016 amid a rift with Starbucks and negative media attention on CEO Jack Dorsey. 123% | The year-on-year increase in Square’s lending business. . $27 123% | The year-on-year increase in Square’s lending business.

Data 100

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