PYMNTS

SEPTEMBER 30, 2020

The FinTech Capify has pulled in an additional $10 million in an equity round of funding and is banking on continued support from the Goldman Sachs Merchant Banking Division for its lending platform, which is geared to small to medium-sized businesses (SMBs). The FinTech has been operating in those markets for over 12 years. “It

Fintech 210

Fintech New York Capital Lending 210

PYMNTS

DECEMBER 28, 2018

One of the biggest shifts in banking that FinTech newcomers ushered into the market is the demand among customers for advisory services. What some financial institutions have come to realize is that collaborating with FinTechs can enable them to offer cutting-edge solutions while reserving resources to invest in meeting those advisory needs.

Fintech 177

Fintech Customer Experience Tools Technology 177

PYMNTS

MARCH 26, 2019

The industry indeed proved to be lucrative for FinTechs, with alternative lending often landing at the top of venture capital investment reports with giants like Kabbage , OnDeck and LendingClub securing an early lead in the industry. Further, GLI Finance revealed a $25.93 Further, GLI Finance revealed a $25.93

Lending 190

Lending Capital Fintech Security 190

PYMNTS

DECEMBER 2, 2019

Singtel Innov8, TMI (Telkomsel Indonesia), Cathay Innovation, Kejora-InterVest, Mirae Asset Securities, Reinventure and DST Partners also participated in the “oversubscribed” funding round — one of the largest for a FinTech startup in Southeast Asia.

Lending 131

Lending Fintech Risk Management Management 131

Bank Innovation

JANUARY 7, 2019

Automation is the theme that best describes Chesapeake Bank’s innovation roadmap for 2019, Kevin Wood, managing director of the state-chartered community bank’s business lending division, Cash Flow, told Bank Innovation. “One

Innovation Strategies 186

Innovation Strategies Innovation Strategy Maine 186

PYMNTS

OCTOBER 25, 2020

FinTech StreetShares , which works to aid financial institutions (FIs) in providing loans for small- to medium-sized businesses (SMBs), has secured $10 million in a funding round, according to a press release. StreetShares launched in 2019. Since January, the company has grown to 53 FI clients, nearly double what it had before.

Lending 160

Lending Community Bank Community Fintech 160

Abrigo

NOVEMBER 6, 2019

Small Business Loans | 5 minute read Key Takeaways Credit unions' small business loans hit a record low, while small business lending continues to remain strong at big banks and community banks. Going digital can help reduce the cost of small business lending and capture more member business loans. Talk to an expert.

Lending 150

Lending How To Community Community Bank 150

PYMNTS

SEPTEMBER 2, 2019

The People’s Bank of China (PBoC) is looking toward new technologies to keep a closer eye on the nation’s FinTech , blockchain and digital lending markets. It has also been unfriendly toward other forms of digital finance, including the peer-to-peer lending industry.

Fintech 193

Fintech Bitcoin cryptocurrency Lending 193

PYMNTS

FEBRUARY 11, 2019

As the payments landscape evolves and becomes ever more digital in scope, and as FinTech firms make inroads into traditional financial services, regulators are looking at FinTech credit — and how it might be defined and shaped. Those definitions stretch across peer-to-peer (P2P) lending or marketplace lending, for example.

Fintech 195

Fintech Lending Regulation Survey 195

PYMNTS

FEBRUARY 19, 2019

Brexit may dominate the headlines when it comes to the United Kingdom, but FinTech funding proceeds apace, and financial backers show a continued sanguine attitude about the space. based FinTechs said they have garnered more than 200 million pounds. Thus far in 2019, data from Innovate Finance , the U.K.

Fintech 187

Fintech Lending Capital Regional 187

Gonzobanker

FEBRUARY 26, 2019

Recent fintech deals across digital, lending, payments and infrastructure are telling a big story. Heck, we weren’t even three weeks into 2019 when Fiserv ’s $22 billion proposed First Data acquisition—one of the biggest fintech deals ever —was announced to the Street. Lending: Mashing Up Analytics & Digital.

Fintech 113

Fintech Analytics Lending Case Study 113

PYMNTS

AUGUST 12, 2019

One area of impact is small business finance and lending, with small businesses and lenders seeing a slowdown in demand. Small business lending platform Funding Circle commented on this effect in its latest earnings data, noting that there has been “some deterioration” in its higher-risk small business loan bands in the U.K.

Lending 144

Lending US Capital Data 144

Gonzobanker

JANUARY 25, 2019

Fiserv acquiring First Data Corporation is a huge deal in the fintech world. Whether you are a community bank or a fintech provider, that makes sense. The post Fiserv to buy First Data – the biggest fintech deal of 2019 appeared first on Gonzobanker. Diversification versus Concentration. It’s just getting started.

Data 139

Data Fintech Community Bank UX 139

PYMNTS

MARCH 19, 2019

Grab Financial Group , the Southeast Asia FinTech company, announced Tuesday (March 19) the rollout of SME lending and micro-insurance for drivers in Singapore as part of its “Grow with Grab” roadmap. Grow with Grab” is its full push into lending and insurance, the company said in the press release.

Lending 131

Lending Fintech Groups Policies 131

PYMNTS

JULY 7, 2020

The small- to medium-sized business (SMB) lending industry is used to adaptation, especially since the 2008 financial crisis, when legacy financial institutions (FIs) began pulling back and FinTechs and digital players stepped up in the space. percent of SMB loans from January 2019 to April 2019, for example.

Lending 138

Lending Study Industry Tools 138

Bank Innovation

DECEMBER 26, 2018

This year the financial services industry saw a lot of fintech M&A activity. Here are five deals, in no particular order, that Bank Innovation's editors think will most significantly impact the landscape in 2019. iZettle is […].

Fintech 218

Fintech Innovation Industry Payments 218

Bank Innovation

JANUARY 2, 2019

It's the beginning of a new year, and naturally new trends will take shape. The seed for some trends like voice banking and contactless payments were already planted last year, while others such like core overhauls went relatively untouched last year.

Trends 218

Trends Fintech cryptocurrency Payments 218

Abrigo

JUNE 3, 2019

SBA Lending Can Be a Hidden Gem for Some Institutions. With proper planning and the utilization of technology, SBA lending can boost customer acquisitions and deposits. Many argue that SBA lending is complicated, and while that’s true, it’s actually a good thing. SBA lending rewards financial institutions that are prudent.

Lending 150

Lending Resources Capital Technology 150

CB Insights

MARCH 28, 2019

Whether it’s point-of-sale loans or digital mortgages, fintech companies are building products that will upend credit and lending. . Here’s a sample of the credit and lending CEOs that are joining us at the Future of Fintech (June 11-13, NYC) : CEO/Founder, Affirm ($1.8B

Meeting 33

Meeting Lending Fintech Course 33

PYMNTS

APRIL 24, 2020

Yet demand for contactless payments and digital, automated financial solutions means FinTech funding may not take as hard of a hit as other startup segments. however, funding for FinTechs actually increased to $3.7 B2B FinTech investments appear to be relatively strong, too. In the U.S., billion, compared to $3.6 KarbonCard.

Fintech 193

Fintech Capital Security FDIC 193

PYMNTS

MARCH 31, 2020

FinTech firm MatchMove has struck a deal to acquire a “strategic stake” in eCommerce solutions company Shopmatic, according to reports. MatchMove’s LightSpeed solution won top honors in the category “Best Payments Innovation of the Year” in the 4th Payments and Cards Awards 2019 held in Mumbai, India.

Fintech 168

Fintech Regional Security Lending 168

PYMNTS

NOVEMBER 2, 2020

In today’s top news in digital-first banking, BlockCard is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful for a new crypto debit card, while the Federal Reserve Board has modified the terms of its Main Street Lending Program (MSLP). Fed Adjusts Main Street Lending Terms to Help Small Businesses.

Maine 148

Maine Lending Cards Bitcoin 148

PYMNTS

AUGUST 20, 2020

A multitude of SMB investors are looking to help, but lending to digitally focused SMBs comes with its own hurdles, including fraud risks and inefficient lending procedures driven by stiff regulatory measures. SMB Lending Risks. Many FinTechs are using these ML applications to accelerate their financing approval processes.

Fintech 177

Fintech Fraud Lending Regulation 177

PYMNTS

DECEMBER 28, 2018

That means that on the brink of 2019, it remains uncertain whether the next year will look more like the best of times or the worst of times when it comes to providing consumers and small businesses (SMBs) with access to financial services — both in and outside the traditional bank-backed channels. It’s easy to lend money.

Millennials 145

Millennials Lending System Data 145

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. The 2020 Fintech 250 cohort has raised approximately $49.2B 25+ winners will be presenting at our upcoming fully virtual Future of Fintech Conference (Nov.

Fintech 101

Fintech Company Lending Capital 101

PYMNTS

JANUARY 29, 2020

Florida FinTech Fidelity National Information Services (FIS) is partnering with London FinTech Liberis , to offer small to medium-sized businesses (SMBs) an alternative funding source, FIS announced in a press release Wednesday (Jan. FIS merchants in the U.S. FIS merchants in the U.S. Liberis Group.

Lending 131

Lending Florida Capital Fintech 131

Let's Talk Payments

DECEMBER 8, 2019

In November 2019, FinTech startups across the world raised $4.14 billion worth of VC/PE investments from 196 deals. In terms of MoM trends, there was an increase of 47.3% from the $2. Read more

Fintech 47

Fintech Lending Trends Payments 47

Bank Innovation

FEBRUARY 5, 2019

Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in hopes of earning their vote and walking away with prizes. The application deadline is Friday, February 8. Apply here.

Conference 170

Conference Fintech social media Operations 170

Let's Talk Payments

NOVEMBER 10, 2019

In October 2019, FinTech startups across the world raised $2.81 billion worth of VC/PE investments from 166 deals. In terms of MoM trends, there was a decrease of 3.43% from the $2. Read more

Fintech 46

Fintech Lending blockchain Trends 46

PYMNTS

AUGUST 28, 2019

In China, the central bank has said that it will offer up a three-year development plan for the domestic FinTech sector. The reports state that the FinTech firms in that country “should take the approach of [Chinese president] Xi Jinping’s socialism with Chinese characteristics in the new era as the guide.”

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Fintech Analysis Guidelines Data 172

PYMNTS

OCTOBER 9, 2020

New York City-based FinTech startup Clair has raised $4.5 million in seed funding to disrupt payday lending schemes and help gig workers and freelancers get paid instantly. A 2019 PYMNTS report indicated that the majority of gig workers would jump platforms and work more in exchange for faster payments. . “We

New York City 254

New York City Lending New York Fintech 254

Gonzobanker

DECEMBER 20, 2019

GonzoBankers, 2019 was a year of extremes. There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. annual list. We may not be good, but we’re persistent!

Idaho 148

Idaho Conference Data Marketing 148

Let's Talk Payments

OCTOBER 13, 2019

In September 2019, FinTech startups across the world raised $2.91 billion worth of VC/PE investments from 196 deals. In terms of MoM trends, there was a decrease of 9.3% from the $3. Read more

Fintech 40

Fintech Lending Trends Payments 40

PYMNTS

OCTOBER 8, 2019

In terms of the total amount invested to date in FinTechs, as tracked by PYMNTS via the India FinTech Tracker, the year to date tally stands at just under $3.7 Taking the pulse of where we stand coming into the last few months of 2019, deal activity has seemingly been concentrated within the alternative finance and investment arenas.

Fintech 144

Fintech Capital United States Groups 144

PYMNTS

FEBRUARY 25, 2019

The Conference of State Bank Supervisors (CSBS) said earlier this month that it had put in place a set of action items to standardize the national experience of FinTechs and non-bank entities. Liu pointed out that the online database of the aforementioned state licensing and FinTech guidance will go live later in 2019.

Regulation 147

Regulation Fintech Community Bank Community 147

PYMNTS

DECEMBER 17, 2019

Using quantitative analysis tactics, often colloquially referred to as “moneyballing,” is, as of late 2019, a fairly common practice for investors in publicly traded firms, but their applicability to private firms has long been questioned. CircleUp is not, however, the only FinTech player eyeing the larger SMB market.

Lending 132

Lending Data Retail Capital 132

Gonzobanker

FEBRUARY 19, 2020

Fintechs can provide better design capabilities, improved customer experience, research states. Financial institutions are making fintech partnerships a key priority in 2020, according to a new study from Cornerstone Advisors. These numbers represent an increase from 49% and 60%, respectively, in 2019. Register here.

Strategy 140

Strategy Fintech Study Customer Experience 140