PYMNTS
JUNE 21, 2019
Despite these advantages, credit unions’ cards face unique struggles traditional banks do not have. The largest of these is the interest cap, which may be advantageous to customers, but makes it more difficult for CUs to compete with other card issuers due to a lack of capital. First of Omaha Service Corp.
Fintech Labs Insights
MAY 12, 2021
CAN Capital. Lighter Capital. Minneapolis. -1. A defunct Canadian bank, Bayshore Trust, launched the first online loan application in March 1996. Online Digital Banks for Small Businesses (SMB) May 2021. Fundera (NerdWallet). Camino Financial. P2Binvestor. IOU Financial. Channel Partners.
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Gonzobanker
DECEMBER 17, 2021
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 Labs Insights
NOVEMBER 19, 2021
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.
Gonzobanker
DECEMBER 20, 2019
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.
Fintech Labs Insights
FEBRUARY 23, 2016
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 . Digital bank. Latest round: $8.5
Fintech Labs Insights
JULY 21, 2016
Digital bank startup. Pearl Capital. HQ: Minneapolis, Minnesota. Sentiment analysis for capital markets. Latest round: Unknown amount of new capital in Reverse IPO ($117 million value). Tags: Consumer, payments, debit card, deposits, mobile banking. Total raised: $59.3 HQ: San Francisco, California.
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