PYMNTS
AUGUST 22, 2018
In this space just last month, we noted findings from Boston College that showed that 4,000 ICOs had raised $12 billion. One of the duo responsible for the Boston College paper, PhD candidate Hugo Benedetti, took note of the gold rush that comes when the timing is spot on. Past is prologue, as the saying goes.
PYMNTS
JUNE 10, 2016
Officials at the Office of the Comptroller of the Currency (OCC), the national bank regulator, told the Boston startup they would weigh its request. “We need to be open to discussing it and working through it,” said Comptroller of the Currency Thomas Curry, referring generally to bank charters for FinTech companies.
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Gonzobanker
DECEMBER 17, 2021
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. Rex Johnson, Baxter Credit Union founder and former CEO – Rex was a legend in the credit union industry who will always be remembered as the “Yoda” of lending.
PYMNTS
OCTOBER 20, 2018
The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). If this person can’t afford this, we won’t lend. Don’t worry if you didn’t remember to get us a present – we didn’t want to make too big a deal out of it, so we didn’t remind you.
Fintech Labs Insights
JANUARY 13, 2016
HQ: Boston, Massachusetts. Lendful Financial. Bitcoin mining hardware. Consumer lending software for financial institutions. Tags: Consumer, credit, lending, loans, underwriting, enterprise, Finovate alum. Total raised: $319.7 million ($44.7 million Equity, $275 million Debt). HQ: New York City. Source: Crunchbase.
Fintech Labs Insights
MARCH 28, 2016
Three Finovate alums brought in new cash: Kreditech raised $11 million for its banking and lending services for the underbanked. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. Automated lending solutions for financial institutions. Automated lending solutions for financial institutions.
Fintech Labs Insights
APRIL 30, 2015
HQ: Boston, Massachusetts. Tags: Peer-to-peer, P2P, lending, investing. There were two jumbo rounds: $50 million to cryptocurrency startup Circle and $30 million to multiple Finovate Best of Show winner MX (formerly Money Desktop). Here are the deals listed by size from April 25 to April 30: Circle. Digital currency provider.
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