Remove 2016 Remove Capital Remove Lending Remove UX
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The New Lending Fintech Bonanza

Gonzobanker

It was into this world that the much celebrated digital lending fintech OnDeck recently sold to Enova for $90 million, a virtual fire sale at way under 1X OnDeck’s revenue. They primarily support – don’t compete with – federally insured bank lending. or 26X revenue but quickly doubled in the market. mortgage market.

Lending 158
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Temenos to Acquire Kony: So What?

Gonzobanker

Still to be sorted out are overlaps between Infinity and Kony’s UI/UX assets. For Kony clients, the Temenos deal eliminates the distraction that could have been associated with an IPO and provides a strong, well-capitalized parent.

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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

Fintech deals by size from May 28 to 3 June, 2016: Partners Life. Kikka Capital. Alt-lending. Tags: Consumer, lending, peer-to-peer, P2P, credit, underwriting, investing. The total number of deals YTD stands at 589, 90% more than last year’s 306. Total dollars raised YTD is now $16 billion, nearly double the $8.4

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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

A host of startups have emerged to capitalize on this trend. For three of the tools we looked at — Mint, Level Money, and Check — we studied how their product evolved all the way up to their acquisition (by Intuit, Capital One, and Intuit, respectively). In aggregate, they command $1.3 trillion in annual spending.

Tools 78