PYMNTS

JUNE 7, 2019

This week’s B2B Venture Capital roundup is all about data. However, the biggest funding round of the week went to a company that is not yet in the B2B FinTech space, though it has plans to use the capital to launch a cross-border, small business (SMB) money-transfer service. Catch up on the latest investment rounds below.

Data 139

Data Capital Analytics Lending 139

PYMNTS

FEBRUARY 19, 2019

As reported, iwoca , a small business lender focused on online lending (with loans up to 250,000 pounds) said it raised 150 million pounds in debt and equity financing (where the division was 20 million pounds of equity financing and with the remainder as debt), as per reports Monday (Feb. In news that came from across the Pond, two U.K.-based

Fintech 187

Fintech Lending Capital Regional 187

PYMNTS

MAY 11, 2016

In any business endeavor, working capital is a form of oxygen. Working capital allows firms to buy parts, pay workers, ship products and wait for payment with a cushion of funding in place that can help meet unforeseen events. Recently, the firm announced a deal with Hitachi Capital America Corp.

Lending 100

Lending Capital United States Marketing 100

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Community Bank 195

Community Bank Capital Training Lending 195

Celent Banking

SEPTEMBER 30, 2015

In Latin America two chilean start-ups were the winners: Destacame.cl , aiming to financial inclusion by creating a credit scoring based on utility payments; and Bitnexo which enables fast, easy and low cost transfers between Asia and Latin America, using Bitcoin. Discover the finalists of all regions here.

America 100

America Fintech Big Data Regional 100

PYMNTS

APRIL 13, 2018

Blockchain Capital. Blockchain heavyweight Ripple made headlines this week when it announced a $25 million investment in Blockchain Capital, a venture capital firm focused on backing blockchain startups. The funding comes in the form of Ripple’s own cryptocurrency and will be used to fund startups selected by Blockchain Capital.

Lending 129

Lending blockchain Capital Software 129

Bobsguide

APRIL 13, 2022

London, UK – April 12, 2022 – Finastra today announced a Banking as a Service (BaaS) collaboration with Microsoft to bring new lending options to thousands of Small and Medium Enterprises (SMEs) – a sector severely underserved when it comes to accessing finance. Users will be able to unlock lending options within Dynamics 365.

Lending 112

Lending Community Leadership Capital 112

PYMNTS

DECEMBER 15, 2017

By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. This week, alternative finance companies raised more than $77 million in venture capital funding, accounting for nearly 70 percent of total funds raised by B2B FinTech startups this week. SMB Finance.

Fraud 115

Fraud Capital New York City Lending 115

PYMNTS

SEPTEMBER 30, 2020

Co-signed by the American Bankers Association, Bank Policy Institute, Independent Community Bankers of America and The Clearing House, the letter argues that banks and non-bank technology firms are both already embracing innovation in customer service offerings. This means getting regulation right is critical.

Regulation 349

Regulation National System Industry 349

PYMNTS

SEPTEMBER 28, 2020

We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. The financing is in addition to the liquidity provided by the $900 million asset-based lending led by Bank of America and a group of commercial banks.

San Francisco 139

San Francisco New York City Houston Dallas 139

Celent Banking

FEBRUARY 24, 2017

This particular article is focused on innovations in small business and corporate banking: two critical market segments for financial institutions as they seek revenue growth and relevance in the evolving digital B2B marketplace. Legacy Transformation / IT Platform Innovations. Emerging Innovation. Operations and Risk.

Innovation 114

Innovation Boston Technology Meeting 114

CB Insights

SEPTEMBER 10, 2020

Our recent webinar — The State of Fintech Q2 2020: Funding Rebound Reveals the Next Leg of Fintech Innovation — highlighted key fintech trends and deals from the second quarter of 2020, including the rise of embedded fintech applications and demand for digital banking services. Free Download: State of Fintech q2’20.

Fintech 46

Fintech Innovation Lending Regional 46

PYMNTS

NOVEMBER 22, 2019

VTEX has been around since 1999, but it hasn’t had the need to raise a significant amount of capital thus far, mostly operating off of its own revenues. . The funding round is significant because its one of SoftBank’s bigger investments with its Innovation Fund, which is targeted specifically to Latin American companies.

Software 108

Software America Regional Tools 108

PYMNTS

APRIL 5, 2019

Small business lending platform OnDeck is accelerating access to capital for its users through the launch of a same-day funding option. OnDeck said the new solution not only accelerates access to capital, but can also provide greater predictability for enhanced cash flow management. on a business day.

Capital 109

Capital Lending America Online 109

PYMNTS

AUGUST 22, 2019

Such institutions are working to raise the necessary capital to expand their products and customer bases as they enter new markets. Challengers in North America, Europe and Latin America raised $2.5 Legacy Banks and the Innovation Game. where they are measuring their services against legacy FIs.

Innovation 109

Innovation Digital Banking Fintech US 109

PYMNTS

NOVEMBER 21, 2016

PYMNTS also explores the venture capital and lending spaces as professional investors make some changes and as businesses look to invest in themselves. However, total investment in these startups — venture capital, in addition to angel, hedge fund and mutual fund investment and more — topped $17.8 and Europe dominated in 2015.

Strategy 100

Strategy Lending Capital America 100

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. and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

OCTOBER 7, 2016

6) a new round of equity financing led by new investors, including Pritzker family business interests advised by The Pritzker Organization and DNS Capital. The capital raise, which follows the close of a minority equity financing round led by Goldman Sachs in Oct. The round also included existing investors.

Capital 155

Capital Innovation America Mobile 155

PYMNTS

NOVEMBER 12, 2019

In Latin America, Colombia is a bright spot for innovation and growth within the small business ecosystem. If entrepreneurs can’t get capital from a bank, they will look for other sources.”. For instance, such informal lending means arbitrary interest rates and repayment agreements. Blurring the Debt Lines.

Lending 102

Lending Analysis America Strategy 102

PYMNTS

JANUARY 12, 2017

According to an announcement , the firm raised $63 million from backers in a funding round led by Victory Park Capital and existing supporters. IZettle has expanded its presence across Europe and Latin America since its 2010 launch and has similarly introduced new services for its SME clients.

America 100

America Lending Cards Capital 100

Bank Innovation

OCTOBER 29, 2018

During these calls, most of these FIs talked about technology and innovation in some form or another. While some like Capital One, whose's CEO Richard Fairbank remained vague about what's […]. Earnings season is almost over, and in the last two weeks most of the big banks and many other FIs had their quarterly earnings calls.

Trends 150

Trends Innovation Capital Technology 150

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 an effort to innovate a solution to these cash flow challenges, Washington founded Onward Financial.

Washington 178

Washington Kansas City Lending Kansas 178

Fintech Labs Insights

APRIL 12, 2024

The last one, published in Jan 2014, featured 50 innovations (see below). Note: These are the rankings from 10 years ago. I will update with milestones from 2014 to today and publish next month. I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

DECEMBER 11, 2020

In less than two years, Costa Rica’s OMNi has gone from a modest platform with 1,000 bicycle shares in the Latin American country’s capital to become the nation’s dominant and uncontested super app. And if you go to Central America [as a whole], it is more than 50 million people.”. million people use buses every day in Costa Rica.

Industry 270

Industry Capital America Operations 270

PYMNTS

JUNE 7, 2019

The Series B funding round was led by Andreessen Horowitz and included existing investors Trinity Ventures and Core Innovation Capital, according to a report in TechCrunch. We don’t think Bank of America, Chase and Wells Fargo will be front and center” of new FinTech, he said. “We

Fintech 100

Fintech America Lending Report 100

Bobsguide

AUGUST 30, 2022

Fusion Mortgagebot is Finastra’s end-to-end cloud-based lending platform that maximizes operational efficiency and mortgage opportunities for lenders. The FormFree integration is available now for Fusion Originate Mortgagebot and Fusion MortgagebotLOS users in the Americas. For more information on Fusion Mortgagebot, click here.

Lending 74

Lending Fintech US America 74

Abrigo

APRIL 28, 2016

To be American is to have the freedom to innovate, take risks, create, transform and put in the hard work that has led to the successes – and failures – that define human progress. America is one of the few countries that gives entrepreneurs a seat at the President’s cabinet table. From May 1-6, the U.S.

National 150

National San Jose Los Angeles United States 150

PYMNTS

MAY 8, 2020

The prevailing sentiment, as the crisis heads into its third month, is that more innovative government programs will be necessary to provide any meaningful relief. Most small businesses don’t have a lending relationship with a bank. Government agencies would lend at 1 percent, branding the program “One for America.”. “In

Maine 142

Maine Groups San Francisco Lending 142

PYMNTS

NOVEMBER 15, 2016

” FastPay sees this cash management gap as an opportunity to provide working capital loans to players in the industry. The company is teaming up with Hitachi Capital America to provide the capital. Alternative lenders like FastPay get to use innovative data technologies to make lending less risky.

Capital 100

Capital Lending Industry Payments 100

PYMNTS

JANUARY 17, 2019

As innovative technologies move down stream, small and medium-sized businesses are poised to benefit significantly from being able to customize a flexible payroll and human capital management (HCM) program. The evolution of payroll is all about pushing back against the notion of one-size-fits-all. ” In the U.S.,

Capital 173

Capital Tools Survey Management 173

PYMNTS

OCTOBER 9, 2019

Because threat actors often get recipients’ emails from password breach lists, they sometimes include passwords to lend authenticity,” Hunter Johnson, Cofense Professional Services at Cofense, wrote in a blog post. There is certainly some interest coming out of Latin America, there’s a lot of unrest in other parts of the world.”.

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116

PYMNTS

DECEMBER 8, 2016

Venture capital has hit a plateau, according to some analysts. “After $100M+ checks flowed freely to VC-backed companies through much of 2015, the mega-round trend has settled into a lower range through 2016,” concluded KPMG and CB Insights in their Q3 2016 venture capital report.

Fintech 100

Fintech Capital Analysis Trends 100

BankInovation

JUNE 1, 2020

Santander Group’s venture capital fund, Santander InnoVentures, has deepened its presence in Latin America with its fourth investment in the region, this time funneling $5 million in a Series A funding round into a55, a niche alternative SME lender, the VC firm announced in a release last week.

Fintech 69

Fintech America Regional Capital 69

PYMNTS

MAY 3, 2019

The possible IPO of the Vision Fund will take place after the vehicle is fully invested, and might result in a creation of a publicly-listed company similar to Berkshire Hathaway (and of course accessible to retail investors, now able to ostensibly act as venture capital investors) with a decidedly tech company focus. SoftBank Activity.

America 123

America Company Course Technology 123

PYMNTS

AUGUST 1, 2018

It is critical that we respond to the needs and concerns of Main Street America,” said Snowe in a statement. The proposed changes include moving the collection and storage of small business lending data, required under the Dodd-Frank Act , from the Consumer Financial Protection Bureau (CFPB) to the Office of Financial Research (OFR).

Policies 100

Policies Report Regulation Maine 100

PYMNTS

JUNE 15, 2018

million from Iris Capital, while existing backers 360 Capital Partners and Breega also participated. The California firm announced $12 million in Series B funding in a press release this week, noting Tola Capital led the funding. Another India alternative lending startup, AYE Finance, raised $21.5 eFactor Network.

Analytics 100

Analytics Capital Industry Data 100

CB Insights

FEBRUARY 13, 2020

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. As a result of its product innovation efforts, Stripe has seen explosive growth in product adoption and valuation. A decade of online payments innovation.

Online 98

Online Company Retail Payments 98