PYMNTS

OCTOBER 3, 2019

Citi has been appointed by Victory Capital to provide fund administration, custody, ETF services and securities lending for its most recent acquisition. This new business further grows Citi’s existing relationship with Victory Capital. With more than $21.7 Asia and Latin America.

Capital 100

Capital America Security Lending 100

PYMNTS

DECEMBER 17, 2019

CircleUp entered the market in 2012 as a data driven variation on venture capital (VC) funding to solve for part of that problem in retail and consumer packaged goods (CPG) firms. CircleUp’s lending platform was founded in 2017 to fill that hole and has underwritten about $300 million in loans since then.

Lending 132

Lending Data Retail Capital 132

PYMNTS

NOVEMBER 16, 2016

Quick Bridge Financial is revamping its strategy to provide working capital loans to SMEs. 15) that the company is now called QuickBridge and is expanding into the direct-to-business lending sector. The company offers a platform for SMEs to access short-term working capital financing.

Lending 100

Lending Strategy Capital US 100

PYMNTS

OCTOBER 2, 2018

Avant is really two businesses operating under one roof — connected in crucial ways, but separate in function. We’re also a pure-play technology company, designed to support banks [that] want to offer lending products, but … either can’t or won’t dedicate hundreds of millions to building the capacity,” he said.

Lending 134

Lending Alabama Online System 134

Abrigo

JULY 5, 2020

Technology can facilitate delivery on credit unions' brand promise of relationship-based services. Being able to collect applications, required documents, and borrower signatures without in-person meetings allowed the financial institution to scale its operations – ultimately benefiting more business owners in the community.

Technology 195

Technology Lending Capital Meeting 195

PYMNTS

AUGUST 3, 2020

Metro Bank will operate RateSetter as an independent entity and make loans under both its and Metro Bank brands. Metro Bank CEO Daniel Frumkin said the deal gives his company a strong base for addressing its “strategic ambition” to expand into unsecured lending. The deal is subject to approval from the U.K.’s

Metro 230

Metro Lending Meeting Capital 230

South State Correspondent

MAY 1, 2024

Honkook Kim and his Gentle Monster Brand is a perfect example. The Banking Innovation Playbook – Step 1: Find a Niche Kim looked at the market and knew he needed traction in at least a single segment where he could create a brand and a following for Gentle Monster. Find the gap in one segment and build success from there.

Innovation 195

Innovation social media Branding Marketing 195

PYMNTS

JULY 1, 2016

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Find out which alt lenders secured $77 million in venture capital, as well as the other startups across the U.S., Alternative Lending. alternative lending space this week, too. Lendingkart.

Lending 101

Lending Analytics Capital Industry 101

PYMNTS

FEBRUARY 25, 2020

Kraft Heinz, one of the world’s prominent global food and beverage companies, operates Evolv through a team effort, involving food, startup and venture capital professionals. He said Fabric’s goal was to “change the game” in how businesses operate. in partnership with other brands.

Lending 130

Lending Retail Capital Operations 130

Bank Innovation

FEBRUARY 23, 2016

We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More. When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does.

Branding 150

Branding Innovation Fintech social media 150

PYMNTS

NOVEMBER 12, 2020

The banking group has started reaching out to possible bidders, but still hasn’t made a definitive decision as to whether it will actually sell the unit, which specializes in store-branded credit cards, according to a Bloomberg report. Others are operating in a less constrained way.”. percent in 2019 and its share of borrowings at 3.63

Cards 285

Cards Conference Groups Report 285

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.

Lending 129

Lending blockchain Capital Software 129

PYMNTS

NOVEMBER 26, 2020

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum.

Industry 152

Industry DC Regulation Washington 152

PYMNTS

JUNE 8, 2020

Cardpay , based in Bengaluru, India, offers a spending management platform to corporations under the brand name “Grit.” Cardpay was founded by Kumar Srinivasan , who boasts two decades of experience with payments, retail and credit lending services. “Payments-led lending is the new growth mantra for us.

Payments 150

Payments Lending Cards blockchain 150

PYMNTS

FEBRUARY 23, 2020

The combination of Fifth Third Bank’s renowned brand, customer reach and great products with our digital lending platform will allow us to collectively serve the Bank’s customers with best-in-class products and a best-in-class customer experience.” Graziano continued, “This collaboration does exactly that.

Customer Experience 130

Customer Experience Innovation Strategies Guidelines Meeting 130

PYMNTS

SEPTEMBER 28, 2020

We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. At the conclusion of this process, I remain profoundly impressed by the strength of Neiman Marcus and Bergdorf Goodman, the commitment of our associates, the unwavering support of our brand partners and the loyalty of our customers.”.

San Francisco 139

San Francisco New York City Houston Dallas 139

PYMNTS

JUNE 19, 2018

Rent-A-Center ‘s decision to sell itself to Vintage Capital comes amid a continuing expansion of so-called “alt lending” options for consumers, which could make it more difficult for the chain to reinvent itself as it becomes a private company under its new ownership. Including net debt, the total deal is worth a reported $1.37

Lending 103

Lending United States America Industry 103

PYMNTS

FEBRUARY 24, 2017

The most lucrative players are operating in the SME finance space, with a small business banking startup landing more than a quarter of the funding. Alt-Lending. Industrybuying plans to use the latest financing to expand operations and would reportedly value the company at just under $200 million. Soundtrack Your Brand.

Fintech 109

Fintech Capital Lending blockchain 109

Perficient

NOVEMBER 21, 2023

With nearly three decades of experience directing commercial lending, corporate finance, and insurance for leading brands, Perficient’s Insurance Principal, Brian Bell, stands at the forefront of our financial services practice. We’re always seeking the best and brightest to work with us.

Industry 221

Industry Conference Meeting Maine 221

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.

Fintech 188

Fintech Capital Security Fraud 188

PYMNTS

MARCH 11, 2016

Online lending has seen a bumper crop of companies sprout in the last several years as technology has enabled risk and underwriting models to become faster, decisions to be made more quickly and new options to emerge in small business financing. One key hurdle rests with timely access to capital.

Lending 100

Lending Capital Operations Branding 100

PYMNTS

AUGUST 31, 2020

Helping microbusinesses access capital is now a mission that more CUs are taking on, as the role of microbusiness in the overall economic recovery is starting to be better understood. Advanced Banking Tech for Small Operators. Leaning Into Community-First Lending.

Community 152

Community Lending Community Bank Innovation 152

Bobsguide

FEBRUARY 22, 2022

The core transformation program, titled “FutureCore,” is divided into phases and Consumer Lending for the 7 affiliate banks is the first phase to go live, with other phases to follow. The completion of this consumer lending installation represents our first step toward having a fully integrated core loan and deposit system.

Software 78

Software Wyoming Idaho Nevada 78

PYMNTS

FEBRUARY 7, 2020

According to reports out earlier this week, Goldman Sachs and Amazon are in discussions about possibly partnering for small and medium-sized (SMB) business lending in the U.S. The partnership would apply Goldman’s lending technology to SMB loans on Amazon’s underwriting platform, according to unnamed sources.

Austin 131

Austin Lending Omaha New York City 131

PYMNTS

DECEMBER 5, 2018

The bank is also going after firms that have recognized brands and have long been in the business as well as those who are looking to expand internationally. The report noted some of these businesses already operate in the U.S. The move comes as JPMorgan is moving dozens of its bankers to Paris to prepare for Brexit.

Lending 122

Lending Management Marketing Capital 122

PYMNTS

JULY 8, 2016

Walmart Pay released its six-month report card , with some pretty interesting stats: ubiquity at all 4,600+ stores, high usage, high repeat usage, rave reviews from their users and a growing crop of brand evangelists that, Walmart Pay execs say, have become an effective recruiting engine. SMB Working Capital. Next time, guys?

Lending 101

Lending Samsung Online Capital 101

PYMNTS

NOVEMBER 23, 2020

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. Blockchain and a bank charter might do much to boost financial inclusion.

National 215

National blockchain Montana Lending 215

PYMNTS

NOVEMBER 15, 2016

” FastPay sees this cash management gap as an opportunity to provide working capital loans to players in the industry. “We operate at the junction of the media business going from analog to digital channels,” Baysal said. The company is teaming up with Hitachi Capital America to provide the capital.

Capital 100

Capital Lending Industry Payments 100

Gonzobanker

MAY 4, 2020

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. operations with a soft landing of customers to Varo.

Fintech 109

Fintech FDIC Capital Community Bank 109

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 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

CB Insights

DECEMBER 10, 2020

The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. However, both brands have expanded to additional products, such as Venmo’s credit card and Cash App’s stock investing offering. . SMB lending .

America 101

America Lending Cards San Francisco 101

PYMNTS

NOVEMBER 22, 2019

VTEX has been around since 1999, but it hasn’t had the need to raise a significant amount of capital thus far, mostly operating off of its own revenues. . The fund has also invested in delivery company Rappi, lending outfit Creditas and tech company QuintoAndar. billion in gross merchandise value.

Software 108

Software America Regional Tools 108

PYMNTS

APRIL 22, 2016

The venture capital world lit up last week with reports that B2B tech startups are now seeing increased funding, raising money at a faster pace than B2C startups. This week, the streak continued, and while a limited number of deals emerged, significant investments were handed to B2B startups operating in the enterprise finance sphere.

Capital 100

Capital Security Software User Experience 100

PYMNTS

JANUARY 18, 2017

That partnership trend appears to be permeating other areas of SME financial services, with the latest tie-up to be between OnDeck Capital and WEX. remains, despite recent increases in bank lending levels. Of course, these collaborations are also good news for the alternative lending companies. Announced Tuesday (Jan.

Lending 100

Lending Cards Capital Online 100

PYMNTS

NOVEMBER 18, 2019

Now SMBs have a combined resource that delivers turnkey logistics technology and financing backed by two trusted brands.” ” In another statement, Fundera Senior Vice President Tony Santillo said access to capital can be “a defining moment for any small business owner.”

Tools 109

Tools Cards Resources Compliance 109

Gonzobanker

DECEMBER 14, 2023

Anyone who follows the industry knows this focused institution led by Findlay is all about executing the timeless principles of capital management, credit quality, efficiency and customer service. They should have been investing in fintech growth businesses and they had the capital to do it.” Grab some popcorn and watch.

Fintech 195

Fintech Community Regional Technology 195