Lex Sokolin

FEBRUARY 18, 2021

Here, for comparison, is similar data on venture capital funds?—?printing That is a 100% increase in capital looking for quality fintech assets. The below figure using earnings for banks by Mercer Capital is a close-ish apples-to-oranges translation mechanism we can use for the discussion. billion in 2020 Q2, to $3.6

Capital 52

Capital Fintech US Lending 52

Lex Sokolin

FEBRUARY 18, 2021

Here, for comparison, is similar data on venture capital funds?—?printing That is a 100% increase in capital looking for quality fintech assets. The below figure using earnings for banks by Mercer Capital is a close-ish apples-to-oranges translation mechanism we can use for the discussion. billion in 2020 Q2, to $3.6

Capital 52

Capital Fintech US Lending 52

PYMNTS

MAY 28, 2019

million buyers who operate in industries such as website development, logo design and blog writing. The company previously raised $111 million in venture funding from Accel, Bessemer Venture Partners, Square Peg Capital, Qumra Capital and others. And some marketplaces in Asia are growing their services through tie-ups.

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

JULY 23, 2018

It also has to contend with competition from PayPal, Ant Financial and Tencent, as well as Apple and Samsung Electronics. The idea is to expand into financial services, including lending and insurance, within the payment platform.

Payments 100

Payments Samsung Online Retail 100

PYMNTS

APRIL 17, 2017

Solutions such as Square Capital, Caviar (the food ordering and delivery service it acquired) and Instant Deposit (which puts money into merchant accounts immediately) not only helps its existing SMB customers navigate the changing retail world in which they were operating but also recruits larger merchants to the portfolio.

Apple 110

Apple Capital Cards Payments 110

PYMNTS

AUGUST 27, 2018

Volkswagen has a $4 billion plan for connected and autonomous vehicle technology, one that includes a proprietary software operating system and will support car sharing, delivery and other services. A “new software operating system, to be known as ‘vw.OS’ … will be introduced in VW brand electric cars from 2020 onwards.”.

Software 100

Software Google Detroit System 100

PYMNTS

MAY 4, 2017

Operating expenses also fell by 10 percent to $187.51 Subscription services, as a category, includes the firm’s payments-integrated services such as its lending unit Square Capital, food ordering service Caviar and peer-to-peer payment service Square Cash. I think in terms of highlights in that area, Capital is certainly one.

Apple 101

Apple Capital US United States 101

CB Insights

NOVEMBER 6, 2018

While beauty conglomerates like L’Oréal are making acquisitions to become more tech-enabled, tech giants like Google, Amazon, Facebook, and Apple (GAFA) are pursuing the high margins in beauty through partnerships, consumer insights, e-commerce, and more. Amazon and Apple have both launched their own virtual assistants. Looking ahead.

Google 72

Google Apple Industry Branding 72

PYMNTS

JUNE 25, 2019

Money tied up in the cash flow cycle is money not working in the economy at large — it’s not helping businesses grow, expand operations or tap new customers. The two-sided model, Smith continued, lets buyers gain access to capital, and brings buyers and suppliers together to transact in one place. Fixing What’s Broken.

Data 136

Data Capital Apple Lending 136

PYMNTS

OCTOBER 21, 2019

As Nan Siler, head of payment and financial operations at Kabbage, noted, it’s been a pretty wild ride, thus far. That explosion in interest is often ascribed to the emergence of Apple Pay in 2014 — five years ago this month. When most people asked “what’s next?” The list goes on.

Innovation 131

Innovation Payments Apple Mobile 131

PYMNTS

OCTOBER 17, 2017

As we scale, it’s becoming increasingly important that we have direct relationships with regulators,” said Jacqueline Reses, who leads Square Capital and will be the chairman of the bank. Square already has an SMB lending arm – Square Capital – which it operates through a deal with Utah-based Celtic Bank.

Industry 108

Industry Fintech FDIC Community Bank 108

South State Correspondent

MARCH 23, 2022

Nubank started with a credit card offering, followed by deposit accounts, then lending, and then payments, investing, and insurance. Thus, where most banks would focus on a referral program, Nubank ranked the quality of the referee and allocated more capital into acquiring the customer they referred.

Branding 221

Branding social media Strategy Data 221

Lex Sokolin

DECEMBER 10, 2020

Here’s a banana, and that’s an apple. The offering is a full on banking, payments, and capital programming environment that connects to Goldman Sachs, Barclays, and Citi. Affirm wins when it plugs in a technology network as a distributor of its lending product. Uber and Apple are platforms: drivers/riders, users/applications.

Branding 52

Branding Apple Capital US 52

Lex Sokolin

DECEMBER 10, 2020

Here’s a banana, and that’s an apple. The offering is a full on banking, payments, and capital programming environment that connects to Goldman Sachs, Barclays, and Citi. Affirm wins when it plugs in a technology network as a distributor of its lending product. Uber and Apple are platforms: drivers/riders, users/applications.

Branding 52

Branding Apple Capital US 52

Gonzobanker

DECEMBER 17, 2021

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Acronym of the Year. Has to be M-O-E.

Fintech 147

Fintech Strategy Leadership Lending 147

CB Insights

DECEMBER 4, 2019

Through trial and error, the company has set up key financial pillars across payments, cash deposits, and lending. Despite charging lower fees, the company failed to gain enough traction with merchants who feared giving Amazon detailed data on their overall business operations. Amazon Lending. Amazon’s Next Financial Pillar.

Cards 101

Cards Lending Strategy US 101

Lex Sokolin

JANUARY 20, 2021

Let’s look collectively at Checkout.com raising $450 million at a $15 billion valuation , Affirm more than doubling after its IPO to $30 billion , digital lending enabler Blend raising $300 million , and payments enabler Rapyd raising $300 million. Before we go there, however, we need some operating metrics.

Company 52

Company System Fintech Lending 52

Lex Sokolin

JANUARY 20, 2021

Let’s look collectively at Checkout.com raising $450 million at a $15 billion valuation , Affirm more than doubling after its IPO to $30 billion , digital lending enabler Blend raising $300 million , and payments enabler Rapyd raising $300 million. Before we go there, however, we need some operating metrics.

Company 52

Company System Fintech Lending 52

FICO

FEBRUARY 9, 2023

They’re also operating against an increasingly competitive backdrop amid consumer expectations for faster, smarter, suitably tailored and personalized experiences. An optimist would note banks’ strong and sizable balance sheets and capital positions, coupled with high levels of trust backed up by decades of customer relationships.

Analytics 52

Analytics South Carolina Management US 52

PYMNTS

JUNE 10, 2019

Stripe rolled out chargeback protection, Apple rolled out its take on sign-in authentication , Mastercard launched an open banking platform and Visa and Western Union paired on a global push to card payments – and those are just the top headlines. There were plenty of introductions last week.

Apple 122

Apple Data social media Policies 122

NCR

JUNE 30, 2016

We recently spoke with Lyan Fernandez, EVP and Chief Operating & Risk Officer at TotalBank , to discuss how they’re leading the way and working to keep their customers’ financial information secure. The app is uniquely available on Apple Watch as well as all smartphones. First off, can you tell us a bit about TotalBank?

Miami 45

Miami Community Bank Mobile Community 45

Lex Sokolin

JANUARY 14, 2021

If you are a financial advisor or a trust company, you have missed out on $1 trillion in capital appreciation for your customers. And that the capital appreciation that matters?—?cementing It must attract global capital and global talent. That capital yields a particular return, and must have a certain low risk profile.

America 52

America Wyoming National Capital 52

Lex Sokolin

JANUARY 14, 2021

If you are a financial advisor or a trust company, you have missed out on $1 trillion in capital appreciation for your customers. And that the capital appreciation that matters?—?cementing It must attract global capital and global talent. That capital yields a particular return, and must have a certain low risk profile.

America 52

America Wyoming National Capital 52

Lex Sokolin

JULY 1, 2019

fee on Binance, $600M of Tether printed, $200M in DeFi lending This is what it looks like, this change in the atmosphere, the fireflies all lighting up as the night comes in. Every other person had a physics PhD and worked in risk management for large capital markets trading desks. Finance in motion— $1B moved for $0.02 We are here.

Bitcoin 40

Bitcoin System Software blockchain 40

Gonzobanker

NOVEMBER 9, 2015

Apple Pay … not. Continuing on the “Pay” theme, we know all about Apple Pay and the noise it caused in the market last year. Apple may have been in attendance this year but it was pretty much invisible on panels and in keynotes. Innovation we saw that we’re all not talking about enough: lending. They’re applying it.

blockchain 60

blockchain Bitcoin Lending Innovation 60

Lex Sokolin

OCTOBER 28, 2020

If you mix together data hosting for financial services companies with machine vision, you might get Google Cloud launching Lending DocAI?—?a Or one that hosts a marketplace of interchangeable capital to compete for underwriting? We are not sure these are the right apples to apples (to oranges!) Not every attempt works!

blockchain 40

blockchain Google National Apple 40

Lex Sokolin

DECEMBER 25, 2019

I am talking about systemic risk, and the promise of what is most likely the future of financial services after Google, Facebook, Ant Financial, and Apple dismember the banks. Ethereum’s decentralized lending and trading are floating around 2,500 daily users. The lending product above is a bit more complicated.

blockchain 52

blockchain Bitcoin Software Lending 52

Independent Banker

JANUARY 26, 2016

Cheering on business startups is about as American as apple pie, and with good reason. Of course, community banks are the primary economic engines behind small businesses on Main Street America, funding more than 60 percent of all small-business lending. Some entrepreneurs have never raised capital. By Judith Sears.

Miami 70

Miami Community Bank Community Resources 70

South State Correspondent

AUGUST 22, 2022

Commodore was critically late designing a machine for games while Apple, Atari, and Sega stole market share. Commodore didn’t know about its customer and didn’t have enough feedback from operations to understand its margins were inadequate. Bankers’ decisions stay with their capital for a very long time.

Data 195

Data Analysis Marketing System 195

PYMNTS

SEPTEMBER 9, 2016

Or, to extend the “falling in love” analogy, bitcoin could be an enormous opportunity to be beguiled and to invest wholeheartedly, if not financially, only to find that the apple of your eye is a complete zero. Therefore, once a business grows to a certain level, it is required to have 10 million Swiss francs ($10 million) in paid-up capital.

Bitcoin 100

Bitcoin cryptocurrency Security Taxes 100

PYMNTS

OCTOBER 8, 2020

In addition, $3 million from an unannounced investment came by way of angel investors: Sheel Mohnot and Jake Gibson from Tomorrow Ventures; Jeff Cruttenden, the founder of Acorn; Jason Gardner, founder of Marqeta; Mark Goines, vice-chair of Personal Capital; and Ron Suber, the former president of Prosper. “We

Capital 153

Capital New York Leadership Apple 153

Bank Innovation

FEBRUARY 11, 2019

Cambr, a cloud-based platform powered by investment firm StoneCastle and digital banking software provider Q2 Holdings, is helping neo-banks and fintechs launch and scale up through a network of 850 community banks.

Community Bank 170

Community Bank Community Software Innovation 170

Fintech Labs Insights

NOVEMBER 18, 2014

My grandparents operated a much-loved corner grocery. Myth 3 >> Marketplace (P2P) lending won''t be used by "our" customers Truth : Consumer and SMB lending could be disrupted by new players (but that''s far from a given) Prediction : Marketplaces take 5% to 10% share by 2020 Thoughts : I''m not one to throw "disruption" around lightly.

Lending 30

Lending Mobile Online Digital Banking 30

Fintech Labs Insights

FEBRUARY 1, 2016

Credit Karma raised the largest amount of capital, pulling in $175 million in June. million in round led by KGC Capital. iSignthis completes $10 million capital raise. Lighter Capital closes $9 million Series B funding round, raises $100 million to lend to tech startups. Finovate alums by year. billion, up 41%.

Capital 12

Capital Lending Security Fintech 12

CB Insights

OCTOBER 29, 2018

Microsoft was late to the mobile game and quickly fell behind Apple and Android in the platform wars. In 2014, Google sought to make an entrance into smart homes by acquiring Nest Labs, a four-year-old startup founded by two ex-Apple engineers, Tony Fadell and Matt Rogers. Download the free 31-page State of Innovation report.

Google 76

Google Software Innovation Company 76

Jeff For Banks

OCTOBER 11, 2011

Liquidity is becoming a problem for these banks, and with their stocks battered daily, they have no ready sources of capital. Ben Bernanke was quoted as saying that Operation Twist is the equivalent of a 50 basis point cut in the Fed Funds rate. Hey, when Fed Funds is near zero, you have to try something. Companies are sitting on $1.9

DC 66

DC Security Washington Risk Management 66

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. The Tech Award – Goes to Capital One. Best of luck in the next chapter, Chris!

Idaho 148

Idaho Conference Data Marketing 148