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The New Lending Fintech Bonanza

Gonzobanker

It was into this world that the much celebrated digital lending fintech OnDeck recently sold to Enova for $90 million, a virtual fire sale at way under 1X OnDeck’s revenue. Following on Goldman Sachs Marcus and Apple Pay entrants to the fintech market, now we have ICE, NYSE and Nasdaq. or 26X revenue but quickly doubled in the market.

Lending 158
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SuperMoney Brings a Kayak-Like UX to the Online Borrowing Process

Fintech Labs Insights

Lending aggregators popped up to solve this problem by ‘matching’ borrowers with lenders. We also co-founded another Finovate alum named LoanNow which is a direct lending business. The post SuperMoney Brings a Kayak-Like UX to the Online Borrowing Process appeared first on Finovate. Magazine’s 2015 ranking.

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Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti

FICO

The business model here needs to focus on a strategy that balances lending growth while keeping risk in check. Small UX improvements (like real-time address lookup) can have a big impact on customer experience. Compare yourself to your peers and best-in-class digital experiences (such as Amazon, Apple, Uber, etc.).

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The 2019 GonzoBanker Awards

Gonzobanker

The 2019 Industry Oh Sh*t Moment Award – Goes to Apple and Goldman Sachs for the Apple Card launch. From app and decision to credentials and top-of-wallet in under three minutes followed by helpful follow-up content emails, the Apple Card has redefined consumer expectations.

Idaho 148
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The 2022 GonzoBanker Awards

Gonzobanker

Senators Dick Durbin (D-IL) and Roger Marshall (R-KS) with a rare bi-partisan move showing that pinch-your-banker-and-hug-your-merchant is apparently as wholesome America as apple pie. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Matt Taibbi Too Big to Jail (Yet) Award. Sam Bankman-Fried of FTX.

Community 216
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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

In each instance, we tore apart the UX and UI of each tool, looked at their growth and revenue numbers, pored through interviews with founders and early employees, researched their public reception, talked to employees, and did our own math. In 2015, Robinhood became the first fintech product to be awarded the prestigious Apple Design Award.

Tools 78
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Fintech Trending: Look Who’s Chasing Venmo, Student Loan Servicing Falls Short

Fintech Labs Insights

While there is no word yet on UI and UX specifics such as emojis with special powers, gifs, and social feeds, there have been a few questions about the name Zelle, which Urban Dictionary defines as, “a girl who is attractive and intelligent.” I’ve lost count, but here’s a partial list: Apple Pay. Android Pay.

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