PYMNTS

JUNE 24, 2020

The Gurgaon-based startup, which has built a digital lending platform for small businesses, took to Twitter to announce the news of the cash infusion by Alphabet’s CapitalG, as well as current investors A91 Partners, MAJ Invest, LGT Lightstone and Falcon Edge Capital, who also chipped in. That followed a $16.8 That followed a $16.8

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PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Lendingkart.

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PYMNTS

JUNE 7, 2019

This week’s B2B Venture Capital roundup is all about data. With a total of $388 million raised this week, newly funded startups are deploying an array of data analytics technologies to address B2B finance friction. Catch up on the latest investment rounds below. Working to wield the opportunity of Open Banking in the U.K.,

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PYMNTS

APRIL 8, 2016

In small business lending, the rush of alternative players entering the market is beginning to give way to consolidation — or, at least, collaboration. Wright said the direction of the small business lending industry is about more sophisticated analytics capabilities to mitigate risk. Should they build capacity themselves?

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PYMNTS

JUNE 4, 2019

Biz2Credit, the online lending platform that helps banks and other financial institutions manage small and medium-sized business (SMB) lending processes, announced Tuesday (June 4) that it raised $52 million in venture funding. In a press release , Biz2Credit said the Series B funding round was led by WestBridge Capital.

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Abrigo

DECEMBER 17, 2021

Takeaway 1 Having a cohesive vision from the top down is critical to a culture of innovation and the successful adoption of new software. . It’s great that more financial institutions are welcoming technological innovations, but banks and credit unions must consider the long-term impact of their partnerships. DOWNLOAD WHITEPAPER .

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PYMNTS

MARCH 10, 2020

It’s a self-perpetuating scenario that keeps barriers to capital in place. In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs.

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FICO

SEPTEMBER 6, 2017

In this podcast for Lend Academy, FICO Blog author Dr. Scott Zoldi talks about his role as FICO's Chief Analytics Officer, the company's AI innovations and how they are being applied in credit risk, fraud management and more. For more information, visit the Lend Academy page on this podcast.

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PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company said it plans to use the investment to further build out its lending operations.

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PYMNTS

JULY 20, 2018

million with B2B startups this past week, and while investment targets were diverse (including B2B eCommerce and small business lending), the bulk of the funding landed at companies focused on enhancing businesses’ ability to assess their performance. Investors placed more than $136.5

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South State Correspondent

JANUARY 20, 2023

Even though many loans were booked at below-par value (more information HERE), increasing margins helped drive significant revenue resulting in one of the best years for an initial risk-adjusted return on capital. The other ultra-competitive sector was owner-occupied lending backed by real estate to medical professionals.

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Bank Innovation

MAY 31, 2017

I recently sat down with the marketing team at Anthemis to talk about the changes happening in SME banking and the opportunity for innovation. But new businesses are often multi-jurisdictional from day one, multi-platform and technically sophisticated in everything from equity capital to treasury to accounting and payroll software.

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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.

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PYMNTS

NOVEMBER 2, 2018

The investors followed a Series C investment round closed by Veritas earlier this year, which was led by CDC, Pai and Lok Capital. Targeting small and medium-sized businesses with its asset-based lending solution, The Credit Junction revealed a $23 million equity investment from Century Equity Partners this week. The Credit Junction.

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PYMNTS

MARCH 23, 2020

“Increasingly, many lenders have been starting to focus on [SMBs] and lending to [SMBs],” said Gabriele Sabato, who holds a doctorate in finance and is CEO and co-founder of SMB loan underwriting firm Wiserfunding , in a recent interview with PYMNTS. From Bank Accounts To LinkedIn Profiles. Expanding The Data Scope.

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PYMNTS

FEBRUARY 11, 2020

lending, advancement of our strategic initiatives and improved capital efficiency.”. Breslow pointed out that the company’s analytics capabilities were enhanced in 2019 with innovations in its fraud prevention capabilities.

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FICO

SEPTEMBER 30, 2022

FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Neeti Aggarwal manages the financial technology and innovation research at The Asian Banker.

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PYMNTS

APRIL 27, 2017

In a press release , the company said F-Prime Capital and Napier Park Financial Partners co-led the round and were joined by existing investors, FinTech Collective and Long Light Capital. Investors are committed to helping Quovo flourish, validating our success to-date and helping us drive the innovation our customers demand.

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PYMNTS

MARCH 17, 2017

Soon after the company scrapped its IPO plans, Misys launched a new solution for its bank customers to “take back that piece of the lending market” taken away from alternative lending competitors, said Senior Product Officer Jean-Cedric Jollant in an interview with PYMNTS last year.

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PYMNTS

MARCH 1, 2016

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. Innovate Finance released The 2015 FinTech Investment Landscape this month, a report that offers a snapshot at how investors are placing their money among financial innovators. It amounted to about $12.5

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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.

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PYMNTS

AUGUST 25, 2019

Chinese social eCommerce platform Wanwu Xinxuan has raised $20 million in a Series B round of financing led by Fresh Capital, with participation from Redpoint China Ventures, according to Deal Street Asia. Launched in August 2018, Wanwu Xinxuan is an online retail platform selling children’s apparel, shoes and accessories.

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FICO

JANUARY 5, 2017

Ascentium Capital, an innovative commercial lender, wanted to expand its growing small business portfolio while keeping risk in check. I recently had the chance to speak with Chris Miller, VP of Decision Analytics at Ascentium, on how the company makes quick lending decisions for its small business customers.

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PYMNTS

JUNE 15, 2018

From warehouse robots to R&D analytics, the B2B startups covered in this week’s VC Investment roundup scored close to $200 million from investors. million from Iris Capital, while existing backers 360 Capital Partners and Breega also participated. that topped the week with a $60 million investment.

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PYMNTS

MARCH 2, 2018

. “The merchant cash industry first started as a product for unbankable clients,” said Andrew Mallinger, COO of PIRS Capital, in a recent interview with PYMNTS. “It The rise of alternative lending and familiarity of growing names like OnDeck is beginning to shift public perception of the merchant cash advance, however.

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PYMNTS

MARCH 8, 2019

This week’s B2B Venture Capital roundup shows FIs are placing funding with their FinTech partners, too, including Nationwide and HSBC U.K., For traditional financial institutions (FIs), working with a would-be competitor means integrating technologies for customers without having to build solutions from scratch.

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PYMNTS

SEPTEMBER 1, 2017

Don’t let the lack of news about mega-grossing venture capital (VC) rounds fool you. This week’s B2B venture capital activity led to an impressive $141.2 SIG, GGV Capital, Yunqi Partners, Huochebang, SKy9 Capital and Chuangban Investment also participated in the funding round, reports said. TravelBank.

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Fintech Capital Groups Analytics 135

Gonzobanker

FEBRUARY 8, 2022

While AOBA 2022 had its share of execs wanting to “fake it until they make it” with future innovation, credit is due to the bankers who are pouring real financial investment into new fintech experiments. In some respects, AOBA 2022 felt a bit like bank executives wanted to “fake it until they make it” with their future innovation and fintech.

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PYMNTS

SEPTEMBER 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. ZenBusiness.

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FICO

OCTOBER 10, 2022

And financial institutions use FICO® Scores to underwrite lending to millions of people so that they can achieve their financial goals like buying a first home or starting a business. Joanne Gaskin is Vice President of Scores and Analytics at FICO. Joanne Gaskin. In her role, Ms.

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PYMNTS

APRIL 8, 2016

The alternative lending boom of yesteryear secured impressive amounts of attention, and dollars, from venture capitalists towards the FinTech startup industry. It means investors have quieted their funding via venture capital and IPO backing. Alternative Lending. We break down the investments below.

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Insights on Business

JULY 27, 2017

For the pioneers, however, this means tackling more challenging customer journeys such as mortgage applications and insurance claims, and incorporate predictive analytics into more intelligent personalized product advisors. For some this means launching more mobile payment apps than the market might need. This vision is not a distant future.

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PYMNTS

FEBRUARY 7, 2017

Plaid Technologies, a startup that helps FinTechs like Venmo and Lending Club access their customers’ bank accounts, has raised $44 million in a Series B round of venture capital funding. According to a report , the venture units of Citi and Amex took part in the latest round of fundraising.

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Bobsguide

AUGUST 7, 2022

The solution, integrated with the apps CloudMargin and eflow via Finastra’s FusionFabric.cloud platform, will provide the bank with a modern, scalable and cost-efficient ownership model as well as access to ongoing upgrades and innovation.

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PYMNTS

MARCH 25, 2016

It may have been a big week for alternative lending in the consumer finance space, but in B2B payments, blockchain and eCommerce startups snagged the biggest share of venture capital. Elliptic revealed a $5 million funding round on Monday (March 21), with the Series A funding led by Paladin Capital. Blockchain.

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PYMNTS

JULY 28, 2017

It may be slow on the B2B venture capital front, with just $31.5 With $16 million in new venture capital (VC) funding, SyncHR, based in the U.S., The company provides Human Capital Management cloud-based software to businesses. million in funding rounds for some pretty niche enterprise service providers.

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Gonzobanker

DECEMBER 19, 2022

2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Let’s see how this new scale allows for big investments in future innovation. Well, except for the ones who didn’t.

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