PYMNTS

JANUARY 7, 2021

7) that it was merging with publicly-traded Social Capital in an $8.6 Noto will continue in his role as CEO which he has held for three years since arriving from Twitter in 2018, where he was COO, and prior to that the NFL, where he served as CFO. The FinTech IPO Market. Online FinTech startup SoFi announced Thursday (Jan.

Capital 150

Capital Los Angeles Boston Lending 150

Bank Innovation

NOVEMBER 15, 2017

In addition to fireside chats, startup demos, and general sessions, Bank Innovation’s 2018 conference has added a pre-conference workshop on how to build an innovation team, added even more time […].

Conference 225

Conference Innovation Fintech How To 225

PYMNTS

APRIL 29, 2019

Plus, there is new evidence that the middle-market business community fared particularly well in the first quarter. percent drop in revenue among micro-enterprises dims the overall sentiment among SMBs, and presents a stark contrast to the mid-market’s performance for Q1. Beyond the U.S., percent during the first quarter.

Lending 168

Lending Michigan Community National 168

BankUnderground

JULY 20, 2022

In a recent paper we explore the effect on bank lending by combining data on exposure to negative rates with banks’ balance sheets, the Spanish credit register and firms’ balance sheets. This effect was especially strong for undercapitalised banks and lending to risky firms. Why might negative rates work differently?

Policies 90

Policies Lending Capital Study 90

PYMNTS

APRIL 18, 2019

The Federal Reserve has released new data on small businesses’ appetite for capital, and it appears that financing demand is on the rise. Compared to 2017 figures, small businesses have increased their demand for capital. Nearly one-third sought financing online in 2018, an increase from 24 percent in 2017.

Capital 109

Capital Survey Lending Online 109

PYMNTS

JULY 12, 2018

and Tata Capital has rolled out a new lending platform in India. At first, the company will be referred to as ‘TransUnion, formerly Callcredit’ and will then be known as just TransUnion later in 2018. In other news, India’s Tata Capital has rolled out an online working capital platform for its customers, the company said.

Capital 100

Capital US Fintech America 100

PYMNTS

JUNE 6, 2019

When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. Credit unions (CUs), meanwhile, are rarely the first point of contact for small businesses in need of capital or other financial services, according to a recent Federal Reserve report.

Lending 129

Lending Analytics Data Security 129

PYMNTS

DECEMBER 7, 2020

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. The news reveals CEO Anthony Noto 's aspirations to go public after he succeeded SoFi Co-Founder Mike Cagney in 2018.

Report 269

Report San Francisco Lending America 269

CB Insights

OCTOBER 21, 2018

The 2018 Fintech 250 have raised approximately $53B in aggregate funding across 947 deals since 2013, and includes startups at different investment stages of development, from early-stage (seed/Series A) companies to well-funded unicorns. The market map below categorizes the Fintech 250 companies based on core area of focus.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Necessity is the mother of invention.

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

AUGUST 1, 2017

With home loan growth expected to slow to 4 percent in 2018, National Australia Bank (NAB) wants to build its business elsewhere, namely in SME lending. Australian regulators have been pressuring the nation’s top banks to improve their small business lending practices.

National 100

National Lending Capital Regulation 100

PYMNTS

OCTOBER 2, 2018

Avant’s consumer-facing product is devised as a digital alternative to that market. 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. A Better Option For Banks.

Lending 134

Lending Alabama Online System 134

PYMNTS

JUNE 12, 2018

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. They all had a pretty tough time and took losses a lot more than expected,” said Henry Song, a portfolio manager at Diamond Hill Capital Management Inc. The Coming Risk Assessment Reset.

Lending 116

Lending Security Philadelphia Dallas 116

PYMNTS

NOVEMBER 20, 2018

According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In 2016, the market experienced a pullback as lenders slowed or stalled sub-prime originations,” Komos said. Sub-prime issuing also ticked up 3.6

Lending 188

Lending Trends Cards Capital 188

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. Gansu, Hebei, Hunan, Chongqing and Sichuan were among Chinese provinces ordering a total shutdown of P2P lending in 2019.

Lending 131

Lending Regulation Capital Industry 131

BankUnderground

JULY 7, 2020

The yellow and blue series display the new “global” data in nominal and real terms: these have to be constructed from a wide array of scattered archival and printed sources, and should be thought of as a DM public long-term debt series that incorporates both consolidated and unconsolidated voluntary lending across the full risk spectrum.

CA 112

CA Trends Exercises Data 112

PYMNTS

JANUARY 6, 2020

small businesses (SMBs) — 57 percent — reported revenue growth in 2018, although profits remained the same as in 2017, according to Forbes , citing the Small Business Credit Survey (SBCS). The market’s creation was a spark that ignited a slew of disruptive changes for the small business financial services space. More than half of U.S.

Survey 130

Survey US Capital Lending 130

BankUnderground

FEBRUARY 5, 2021

Emerging markets (EMs) have become more exposed to the global financial cycle in recent years. Negative liquidity shocks on the other hand constitute a tightening of financial conditions, reducing lending and real investment ( Bruno and Shin (2015) and Avdjiev et al (2018) ).

Marketing 100

Marketing Policies Study Tools 100

PYMNTS

DECEMBER 8, 2019

B-North wants to disrupt the £154 billion UK business lending market. The majority of SME lending is via the big High Street banks and our experience shows they often use outdated ‘legacy’ systems, rigid lending policies, and faceless, centralized processing centers. percent in equity at a £14,247,942 ($18.7 million ($1.97

Lending 131

Lending Regional Policies Operations 131

PYMNTS

DECEMBER 29, 2019

business loans and capital investment have essentially plateaued in the second half of 2019, in what experts say is a reflection of the slowing industrial economy. The industrial slowdown crippled markets and made way for big businesses to take advantage of cheap financing deals that were available.

US 132

US Capital Lending Industry 132

PYMNTS

NOVEMBER 11, 2020

“The combined losses of the five tech heavyweights since their Monday’s close has contributed to more than $280 billion being wiped off in terms of market cap at the close of the trading day in Hong Kong,” according to CNBC’s calculations. The State Administration for Market Regulation — China’s regulator — said on Tuesday (Nov.

Regulation 207

Regulation Marketing Groups Lending 207

William Mills

SEPTEMBER 25, 2018

SME Lending for the Indian marketplace. Efficiency gains in getting and processing paper records that are used in the lending review process. ^DG. With small business, there is a tremendous need for access to capital. And of course, SMB lending has been a huge focus for fintech. This is not your parent’s Muni Market.

Mobile 78

Mobile Customer Experience Lending Analytics 78

Jeff For Banks

FEBRUARY 12, 2024

Raised capital in late 2019. Agreed to sell 2 branches in weak markets - 12/2020 5/25 Look how much $CFBK accomplished in just over 4 years. (2/2) Entered Indianapolis on 5/2021, a top 2 Midwest market with Columbus, another market $CFBK is in. In 2018, started its LIHTC lending line. shareholder value.

Columbus 108

Columbus Indianapolis Capital Community Bank 108

PYMNTS

FEBRUARY 28, 2020

With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture capital funding. said the company saw BHL Holdings lead the second Series A funding round, while Nire Capital and existing backers Concentric, Seedcamp and Beazley also participated. Reports in Verdict.co.uk

Fintech 175

Fintech Capital Lending Report 175

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. Alternative Lending.

Lending 152

Lending Capital Marketing Report 152

CB Insights

NOVEMBER 21, 2019

Canadian VC-backed companies saw funding drop 13% in H1 2019 compared to H1 2018. The 2019 Canadian fintech market map. Startups headquartered in Ontario dominate the table, with over 40 fintech companies from this market map headquartered in the Greater Toronto Area. Navigating the Canadian fintech market map.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

SEPTEMBER 28, 2016

Capital, capital everywhere — but, for big U.S. As reported earlier this week, the Federal Reserve is boosting capital requirements for the biggest U.S. banks as part of a new series of rules that take effect in 2018. bank investors, the old Seinfeld punchline: “No dividends for you!”. For the bigger banks.

Capital 100

Capital Strategy America Policies 100

CB Insights

FEBRUARY 20, 2020

Social, political, and environmental pressures have made the LatAm market highly volatile. This has caused some investors to pull back in the region and challenged startups to raise funding from new investors, as illustrated further below by the number of unique investors and startups in the LatAm fintech market.

America 96

America Marketing Fintech Regional 96

PYMNTS

SEPTEMBER 24, 2018

In the latest research of small business lending trends, researchers have found evidence to be optimistic. The research also offers a glimpse into the struggle for alternative lending players to prove their worth as an important source of financing for small businesses that can’t access a bank loan. Across the U.S.

Data 158

Data Lending Survey Community 158

PYMNTS

FEBRUARY 19, 2019

As concerns are raised about how industry consolidation might impact competition, Federal Reserve Chairman Jerome Powell is warning that it could hinder small businesses’ access to capital and financial services. months in the first half of 2018, from 5.6 months in the first half of 2017.

Marketing 108

Marketing Community Community Bank Industry 108

PYMNTS

AUGUST 14, 2019

In Australia, this blurred line between small business and consumer financial services became the focus of a recent SmartCompany report highlighting the challenge that small business owners face when seeking working capital. There is a “blurring in the line between lending to small business and personal credit,” she added.

Lending 122

Lending Cards FDIC Capital 122

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

Digital Banking Capital Regulation Lending 142

PYMNTS

AUGUST 12, 2016

That’s the opinion of the Competition and Markets Authority (CMA), which earlier this week said technology would be one of the underpinnings of getting lending to increase to SMEs, a group that would naturally benefit from improved access to capital. banking system needs a bit of jostling. In the U.K.,

Lending 100

Lending Comparison Industry Innovation 100

PYMNTS

APRIL 22, 2019

Might banks be making inroads into the hearts and minds of smaller firms as they seek out capital – as some SMBs cite at least some dissatisfaction with non-banking lending conduits? Drilling down a bit further, about one third sought financing from online lenders in 2018, up from 24 percent in 2017.

Study 122

Study Lending Online Survey 122

PYMNTS

JUNE 24, 2020

Zopa received those funds from a group linked to IAG Capital Partners, a U.S.-based Since COVID-19, non-bank lenders have been hurting as capital markets became less available and retail investors tried to withdraw their cash from the P2P sector, the Times reported. Capital One was one of the earlier disrupters,” Janardana said.

Security 215

Security Capital Cards Report 215

PYMNTS

APRIL 28, 2020

Oriente said it will use the money to boost its growth in existing markets and further new developments in places like Vietnam. In 2018, Oriente raised $105 million in a funding round, then one of the largest numbers for a startup in Asia. Its sales volume increased 20 percent for merchant partners last year.

Big Data 182

Big Data Lending Maine Groups 182

PYMNTS

MARCH 2, 2018

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 For markets like the U.K., Alternative Lending.

Fintech 118

Fintech Capital blockchain Lending 118