PYMNTS
APRIL 3, 2018
Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). The Wall Street Journal reported that the Atlanta-based company, which enables retailers, health-care providers and home contractors to offer loans to their customers, could go public as soon as this summer.
Bank Innovation
JANUARY 10, 2018
EXCLUSIVE – Fintech startup Greenlight Financial Technology has just added a new feature that helps kids understand tricky concepts like interest, APR and savings accounts. Today the Atlanta-based Greenlight unveiled a feature which lets kids create a savings account through their Greenlight app, an account that is controlled by a guardian.
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PYMNTS
APRIL 14, 2020
Atlanta-based KyckGlobal is working with Visa to boost the use of “push payments” to businesses. KyckGlobal noted that its cloud-based platform is now being used for such things as specialty consumer lending, insurance claims and incentive programs.
PYMNTS
OCTOBER 2, 2020
The purchase furthers Goldman's push into Main Street lending and gives Goldman access to over one million cardholders, who account for roughly $8.5 The pandemic has spawned mergers and acquisitions, and even an IPO boom within the tech and FinTech spaces. billion in spending per year. Walmart Expands Healthcare Services.
Bank Innovation
NOVEMBER 17, 2017
The funds will used by the Atlanta-based Kabbage to scale and expand its lines of credit with longer terms to its existing customer base, as well as some of the larger small businesses. Small business lender Kabbage received $200 million in revolving credit from Swiss financial institution, Credit Suisse.
PYMNTS
JULY 6, 2020
The small- to medium-sized business (SMB) lending industry is in a unique position during the pandemic. The challenges that led FinTechs to enter this space after the 2008 financial crisis still persist, however, motivating SMBs to demand their loans from these entities be quick and digital. Of the 32 million SMBs in the U.S.,
Fintech Labs Insights
NOVEMBER 9, 2020
If you are familiar with P2P lending, you’ll instantly get the Arrived Homes platform. Related: 115 Fintech Unicorns of the 21st Century: Changes to the List (October 2020). FinMkt takes home the top prize at Money2020’s MoneyFest (Fintech Startup of the Week).
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