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On Demand Pay Finds A Home In Financial Services

PYMNTS

It’s well known that individuals must pay bank and auto loans, utility and credit card payments in a timely manner or risk facing penalties. For example, in New York state, the top marginal income tax rate is nearly 9 percent, plus another 3 percent in New York City. high-interest cash advances,” he said.

Taxes 170
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Fintech Fundings: Companies Raise $ Million Week Ending Feb 26

Fintech Labs Insights

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 Three Finovate and FinDEVr alums raised new cash and one exited: PayActiv raised $9.2 FlexScore was bought by United Capital . HQ: New York City.

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A Regulatory Oversight?

Independent Banker

Online consumer lender the Lending Club in San Francisco, founded in 2006 and now a publicly traded firm, focuses on helping consumers consolidate credit card debt. in New York City, makes short-term loans to finance weddings and honeymoons. capital policy. Another, Promise Financial Inc. Lack of regulation.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

Social media financial compliance specialist Gremln raised $1.4 If you add the $6 billion in new capital raised in the IPOs of Worldpay, Square and First Data, the 2015 total is a nice even $25 billion. HQ: New York City. Social media management & compliance for financial institutions .

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Fintech Fundings: 32 Companies Raise $210 Million Second Week of July

Fintech Labs Insights

HQ: New York City. Compliance Science. Compliance platform for financial institutions. HQ: New York City. Lost/stolen credit & debit card solution. Tags: SMB, merchants, credit/debit cards, acquiring, bitcoin, crypto-currency, blockchain, point of sale. Source: Crunchbase.

Company 12
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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

Capital Float. Working capital financing. HQ: New York City. HQ: New York City. Tags: SMB, payments, mobile, merchants, acquiring, credit/debit cards, mobile, POS. Total raised: $35 million. HQ: Daytona Beach, Florida. Source: Crunchbase. Latest round: $25 million Series B. Inkassogram.

Company 12
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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

HQ: New York City. HQ: New York City. Startup capital raising platform. HQ: New York City. Tags: SMB, capital, crowdfunding, equity, investing. Integrated payment processor. Latest round: $10 million Series B. Total raised: Unknown. HQ: Shanghai, China. Source: Crunchbase.

Company 12