PYMNTS

OCTOBER 4, 2016

Prosper, the P2P lending marketplace, is reportedly closing down the secondary market for its loans later this month. The company doesn’t operate the secondary market itself but outsources to FOLIOfn, which is operated and maintained by FOLIOfn Investments, which is a registered broker dealer.

Marketing 170

Marketing Lending Operations Financial Technology 170

PYMNTS

DECEMBER 30, 2016

FinTech is no stranger to this pattern, and while venture capital levels have seemed to dwindled in certain markets (analysts found VC funding down by 29 percent in 2016 compared to last year), B2B startups remain the apple of many investors’ eyes. India saw a particularly lucrative year. Supply Chain Management.

Capital 124

Capital National Resources Apple 124

PYMNTS

OCTOBER 1, 2018

in a settlement with the Financial Conduct Authority (FCA) due to a cyberattack at the lender in 2016. I apologize to our customers for the inconvenience caused in 2016.”. Tesco Bank agreed on Monday (Oct. 1) to pay £16.4m What’s more, it said customers faced disruptions in normal service. ”

Fraud 134

Fraud Security Resources Operations 134

Abrigo

MARCH 6, 2016

Two out of every three bank executives and directors surveyed recently believe their bank needs to grow significantly in order to compete in today’s market, but how will they do that? Nearly half (47 percent) cited capital constraints, and 41 percent said banks don’t want to sell.

Capital 150

Capital Survey Meeting Resources 150

PYMNTS

NOVEMBER 20, 2020

Chromo Capital co-led the deal. Also participating were Perry Capital, founded by Richard C. Perry, and new fund Bramalea Partners, launched by Andrew Boyd, former head of global equity capital markets at Fidelity Investments.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

JANUARY 17, 2020

In today’s top news, China’s economy grew by its slowest rate since 1990, Alphabet reached $1 trillion market value, and attempted check fraud spiked 43 percent. Alphabet Market Cap Hits $1T. Alphabet Market Cap Hits $1T. billion in 2016 to $15.1 billion in 2016 to $15.1 China’s economy grew by 6.1 In Two Years.

Marketing 130

Marketing Fraud Payments Apple 130

PYMNTS

JANUARY 19, 2018

As such, automakers are hitting the venture capital highway in droves. In 2017, there were 38 disclosed venture and seed rounds by automakers , up from 26 in 2016 — and astronomically higher than only six in 2015. The automaker is also reportedly joining the Open Platform operated by Lyft for autonomous cars. Ridesharing.

Capital 109

Capital Las Vegas San Jose California 109

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.

Innovation 150

Innovation Seattle Fintech Company 150

PYMNTS

SEPTEMBER 30, 2016

B2B startups saw a little bit of everything this week when it came to venture capital. million funding round over the weekend, with the corporate expense management company seeing funding from Sabadell Venture Capital, Venturecap, Bankinter, Telegraph Hill Capital and Kibo Ventures. Spain-based Captio revealed a $1.1

Capital 100

Capital blockchain Management Lending 100

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AUGUST 19, 2016

It is now close to surpassing Alibaba from a market capitalization perspective and is also ahead of Intel, Coca-Cola and Visa in terms of market cap in the U.S. Its main rival, Apple, is still a lot bigger, with a commanding market capitalization of $562 billion. The Galaxy 7 has turned things around in 2016.

Samsung 100

Samsung Marketing Apple Capital 100

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.

Innovation 284

Innovation Company social media Operations 284

PYMNTS

DECEMBER 19, 2019

The first SCF program will shine a light on LiquidX’s global onboarding and execution capabilities, same-day funding and “investor appetite within the high-yield credit market.”. Jim Toffey, CEO of LiquidX, said SCF adds to the company’s “growing suite of trade finance, working capital and insurance solutions.

New York City 131

New York City Capital New York Operations 131

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.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Store Front Business Index: Main Street USA, A-OK? Are SMBs Ready For EMV?

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

JUNE 9, 2020

Betting going public will take advantage of a resurgence as the market recovers from COVID-19, Lemonade Inc. , Allen & Company, Barclays Capital Inc., Founded by tech veterans Daniel Schreiber and Shai Wininger in 2016, Lemonade is a property and casualty insurance carrier. Morgan Stanley & Co., population.

New York 130

New York Capital Conference Policies 130

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FEBRUARY 10, 2017

Belgium’s capital city is becoming known for more than just housing major international institutions like EU Parliament, EU Commission and NATO. The city was ranked as a strong innovator by the latest edition of the Regional Innovation Scoreboard (RIS 2016). The region is also home to an active and fast-growing startup scene.

Capital 100

Capital Regional Innovation Fintech 100

PYMNTS

MARCH 2, 2020

The two main eCommerce players are Copia (which has faster delivery) and Jumia (which has more market share. Tim Steel, its CEO, points to Africa’s 750 million mid- and low-income consumers- who spend $680 billion a year – as its main target market. The commission I earn as a Copia agent has been my working capital,” said Kihara, 48.

Maine 157

Maine New York Capital Resources 157

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APRIL 18, 2018

The February Index also recorded the largest increase in loan repayment delinquencies since April of 2016, marking a 1.11 They ran a fast race the first half of last year, as well as in 2016, so it’s time to catch their breath and recuperate a bit.”. The slight downturn comes at a time of broader market volatility as the U.K.

Marketing 100

Marketing Lending Analysis Community 100

PYMNTS

JANUARY 9, 2020

China’s peer-to-peer (P2P) lending market is headed for more turbulence in 2020 as more of its popular platforms face potentially being shut down as the government tightens regulatory reins. Stronger regulatory rules compelled P2P services to plunge to 343 last year compared to 2,680 in 2016.

Lending 131

Lending Regulation Capital Industry 131

PYMNTS

AUGUST 12, 2019

“This has been driven by a deterioration in the consumer credit environment since 2016, which affects smaller and younger companies,” the firm stated last week. “Entrepreneurs who have a good credit history are having success in securing capital in 2019.” Despite its successes in that market, its U.K.

Lending 144

Lending US Capital Data 144

PYMNTS

MAY 22, 2019

The online retailer has already been looking to raise capital at a valuation of about $2 billion, and the acquisition of ShopClues could help its funding efforts. For its part, ShopClues raised nearly $150 million in funding in 2016 to reach a billion-dollar valuation, becoming the seventh Indian startup firm to join the unicorn club.

Meeting 116

Meeting Capital Policies Compliance 116

PYMNTS

NOVEMBER 27, 2019

operations moved to quell concerns over investors’ inability to withdraw funds. Reports in the Financial Times at the time said the company sent a letter to investors assuring the company was “a robust, well-capitalized business” and that it wanted “to give you some reassurance that we are focused” to address the issue.

Customer Experience 132

Customer Experience Lending Operations Capital 132

Bank Innovation

MAY 9, 2016

We can all agree Credit Karma, Chase Mobile, Bank of America, Wells Fargo, and PayPal aren’t leaving the Top Ten on App Annie anytime soon. But ratings and rankings aren’t everything — there’s also the cool factor. How easy is the app to use? Does it makes us feel good (even Read More.

America 150

America Mobile US social media 150

Bobsguide

JULY 28, 2022

As of June 2022, over 1,600 companies listed on the Prime Market of the TSE participate in the Platform, representing 87% of the companies in that market or 98% by market capitalization. After almost 18 years, the Platform has become a key part of the infrastructure of Japan’s capital markets.

Company 68

Company Meeting Capital Exercises 68

PYMNTS

JULY 9, 2020

One7 has bought FinTech Rapidoo in a bid to expand in the Brazilian market and offer more cash flow options to small- to medium-sized businesses (SMBs), according to news site Contxto. 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.

Resources 158

Resources Lending Capital Marketing 158

PYMNTS

MARCH 2, 2020

The company reportedly applied for an operating license in the country in the past. JVCEA said Tokyo Hash and Digital Asset Markets Inc. Coinbase had reportedly eyed a Japanese exchange as long ago as 2016, following an investment of $10.5 had joined the organization as second-class members along with Coinbase.

Bitcoin 177

Bitcoin Policies Groups California 177

Bank Innovation

FEBRUARY 23, 2016

When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does. We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More.

Branding 150

Branding Innovation Fintech social media 150

PYMNTS

JULY 22, 2019

The Berlin-based startup Sennder , which connects commercial shippers and smaller freight carriers, announced a significant round of funding to take on the logistics market with an updated digital platform. Sennder is focusing its efforts on the European market, and is part of a global push to digitize the industry.

Tools 116

Tools Industry Capital Management 116

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. The market is ripe for consolidation and beneficial partnerships,” Grealish wrote. On Thursday (Oct.

Lending 152

Lending Capital Marketing Report 152

PYMNTS

MAY 8, 2019

The Indianapolis-based firm, which works to accelerate B2B payments to truck operators, apparently has removed its CEO and COO — the result of a financial accounting scandal at another trucking firm where FreightRover executives had worked. Reports noted the company also digitizes this process, making it easier for truckers to operate.

Fraud 135

Fraud Report Indianapolis Leadership 135

PYMNTS

FEBRUARY 18, 2020

Food delivery has quickly grown in the United States over the past five years due to an influx of venture capital. Firms with food delivery operations brought in almost $16 billion from 2016 to 2019, per PitchBook, as cited by the report. restaurant market, per Morgan Stanley. 1 food delivery service in the country.

United States 131

United States Company Capital Report 131

PYMNTS

FEBRUARY 14, 2018

The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market. Its units include Distribution Finance Capital, Satago and Oxygen Finance, while it also owns a minority stake in peer-to-peer (P2P) lender Zopa. reports noted. reports noted.

Lending 122

Lending Capital Groups Financial Technology 122

PYMNTS

MARCH 13, 2019

Naspers, Africa’s largest company based on market value, is gearing up to spend $1 billion in India in the form of investments focused on the financial technology market. Tencent also operates WeChat, the wildly popular messaging app. Naspers isn’t the only investor eyeing the startup market in India. billion.

Fintech 123

Fintech Capital Online Financial Technology 123

PYMNTS

JANUARY 2, 2020

The Hong Kong-listed Razer created a consortium to form Razer Youth Bank with Singapore startups and Asian billionaires, including local supermarket operator Sheng Siong Holdings and early-stage tech venture capital firm Insignia Ventures Partners. 2) for a wholesale license, which has a capital commitment of $100 million.

Digital Banking 130

Digital Banking Capital Google Cards 130

PYMNTS

JULY 17, 2017

Grab Taxi Holdings, the Singapore ride-hailing company and Uber Technologies’ largest rival in Southeast Asia, is in the processing of raising $2 billion in venture capital (VC) funding. With the cash infusion, Grab would gain a market value greater than $5 billion, noted the Wall Street Journal. “We

Capital 101

Capital Analytics Report Mobile 101

Perficient

MAY 27, 2022

There is good reason for this shift in view; according to Marc Bernegger, co-founder of crypto fund AltAlpha Digital, “after last year’s explosion of crypto hedge funds around the globe, there are now over 400 active funds, excluding those focused on venture capital.” dollars.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

FEBRUARY 12, 2018

According to a report in TechCrunch, marketing and financial institution solutions provider Cardlytics closed the regular trading session Friday (Feb. It partners with well-known brands like Starbucks, Airbnb and Whole Foods Markets to provide discounts to banking customers. million in 2016 and revenue of $112.8 million shares.

Capital 100

Capital Cards America Marketing 100