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2021 GonzoBanker Awards

Gonzobanker

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. Goes to Larry Mazza and the crew at MVB Bank in West Virginia. We salute a legend of lending and credit union leadership.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. Business lending and corporate cards. Most recently, Stripe has launched a Corporate Card and a Lending product geared towards small businesses.

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Top 26 Digital Lenders to U.S. Small Businesses (SMB, May 2021)

Fintech Labs Insights

CAN Capital. Lighter Capital. A defunct Canadian bank, Bayshore Trust, launched the first online loan application in March 1996. Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. HQ: Salt Lake City, Utah. CAN Capital. Lighter Capital. 1,050,000. 1,350,000.

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

Fintech Labs Insights

CAN Capital. Lighter Capital. A defunct Canadian bank, Bayshore Trust, launched the first online loan application in March 1996. Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. CAN Capital. Lighter Capital. HQ: Salt Lake City, Utah. Biz2Credit.

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Fintech Fundings: 12 Companies Raised $150 Million Week Ending Nov 29

Fintech Labs Insights

BBVA was lead investor contributing $68 million for a 30% stake in the not-yet-launched mobile bank. Finovate alum Lighter Capital had the second-biggest round this week raising $9 million in equity and announcing a loan-funding commitment of $100 million (not included in fundraising totals). Digital bank. Growth Street.

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

Fintech Labs Insights

million to its digital banking platform. Startup digital bank. SaaS banking platform. Mobile banking app developer for financial institutions. Tags: Enterprise, B2B2C, mobile banking, digital banking. App Annie garnered $63 million for its mobile analytics and development tools.

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Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

Along with the usual payment and lending startups, two insurtech companies raised substantial rounds: Embroker ($12.2 Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. million to launch its virtual bank.