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Deep Dive: Why CU-Issued Credit Cards Face An Uphill Battle

PYMNTS

A recent study conducted by financial services provider Kasasa and The Harris Poll found approximately 84 percent of Americans determine the products and services they desire first, then search for banks or CUs that offer them. percent of all CU members — currently offer some sort of credit card. The Appeal of CU-Issued Credit Cards.

Cards 102
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2021 GonzoBanker Awards

Gonzobanker

Union has been a stalwart of the California marketplace since the ’50s, and this gives Andy Cecere and team a great expansion into the Golden State and also some nice wholesale banking business. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Enough said?

Fintech 147
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Top 33 Digital Lenders to U.S. Small Businesses (SMB) in Nov 2021

Fintech Labs Insights

CAN Capital. Lighter Capital. Minneapolis. CAN Capital. Lighter Capital. Related: Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021). Online Digital Banks for Small Businesses (SMB) November 2021. Fundera (NerdWallet). Biz2Credit. IOU Financial. P2Binvestor.

Atlanta 15
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The 2019 GonzoBanker Awards

Gonzobanker

Chris Myers, President & CEO, Citizens Business Bank – During a tumultuous time for West Coast banks, Myers kept his sights on being a top commercial relationship bank. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion.

Idaho 148
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Fintech Fundings: 26 Companies Raise $280 Million in 4th Week of June

Fintech Labs Insights

Digital bank startup. Pearl Capital. Gift card payment network. Digital Asset Holdings. HQ: Minneapolis, Minnesota. Sentiment analysis for capital markets. Latest round: Unknown amount of new capital in Reverse IPO ($117 million value). Source: FinDEVr. Latest round: $40 million Series B.

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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

D3 Banking. Banking platform. Digital sales & account opening. Credit card with consumer controls. HQ: Minneapolis, Minnesota. Tags: SMB, capital raising, VC, venture capital, p2p, peer-to-peer, investing. Source: FT Partners. Latest round: $16.4 Total raised: $33.4 HQ: Omaha, Nebraska.

Company 12
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Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

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 ModoPayments scored $2 million for its digital payments platform. FlexScore was bought by United Capital . Prepaid card issuer. Digital bank.

Company 12