Abrigo

APRIL 22, 2024

Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. Online fintech lenders and merchant cash advance providers are also making up ground. At the same time, 59% pursued credit to meet operating expenses. A majority of applicants sought less than $100,000. economic ecosystem.

Lending 243

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PYMNTS

JUNE 23, 2017

More than $30 million in venture capital stuck around the U.K., We break down all the B2B FinTech funding rounds below. We break down all the B2B FinTech funding rounds below. ’s AimBrain deploys biometric authentication technology to combat fraud for FinTechs and financial institutions. EaseCentral.

Fintech 171

Fintech Marketing New York City Capital 171

PYMNTS

JANUARY 15, 2021

Blend and MX , which are both FinTech startups, separately announced that they have each landed $300 million in funding. The idea of using data, rather than documents, is foundational to our company,” Ghamsari previously noted.

Fintech 157

Fintech Lending Technology Software 157

PYMNTS

MARCH 2, 2018

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend.

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PYMNTS

DECEMBER 11, 2019

10), Craig Moore, CEO of business financing platform Beehive , not only made the case for more P2P lending in the Middle East (the company is based in the United Arab Emirates), but also gave a larger view of the FinTech situation in that region as a new decade dawns. But in a new PYMNTS interview on Tuesday (Dec. But that’s not all. “We

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Fintech Lending Regional Regulation 144

PYMNTS

APRIL 7, 2020

While some firms are adjusting the assembly lines of their manufacturing warehouses to produce much needed personal protective equipment, FinTechs have found themselves in a different position to provide valuable assistance. How are they going to receive loan documentation? Easing The PPP Loan Burden. By fax or paper?

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Fintech Technology Operations Company 166

PYMNTS

DECEMBER 19, 2018

Before Rachel Carpenter co-founded FinTech startup Intrinio , she faced a challenge when it came to building an app for the finance industry: She couldn’t afford the data needed to run the program. Secondly, they can’t have raised more than $200,000 in capital. First, they can’t take in more than $10,000 a month in revenue.

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PYMNTS

APRIL 19, 2016

Some of the biggest names in banking participated in the Series E funding round for digital billing and payments company Transactis , a SaaS startup that aims to help corporations reduce their dependence on paper invoices, bills and other documents in favor of digital payments solutions. are electronic.

Capital 100

Capital Payments Software Management 100

PYMNTS

NOVEMBER 15, 2019

Documents seen by the FT show Tiger Global Management is nearing the closure of $11 billion in hedge funds (with plans to raise about $3.75 Fuel Ventures led the round, while Sussex Place Ventures, Beacon Capital and Craig Winkler, an early investor in and director of Xero, also participated.

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Fintech Capital Software Management 101

Let's Talk Payments

JUNE 18, 2019

The accelerated growth of FinTech startups in India during the past few years has come as no surprise. Earlier this year, MEDICI had published the India FinTech Report, which documented the growth of this sector. In order for them to grow, FinTechs need support and constant backing.

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Fintech Capital Industry Technology 82

PYMNTS

SEPTEMBER 7, 2018

There are some B2B FinTech segments that are mainstays with investors. This week, though, investors revealed their appetite for B2B FinTech firms that can multitask. Yoco provides businesses with payment management and auditing services, targeting SMBs that struggle to get off cash and paper documents. Countingup.

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Fintech Capital Lending Software 109

PYMNTS

MAY 27, 2020

And, they said, traditional players can find competitive strength by linking up with firms that had previously been viewed as foes (that would be FinTechs). If you talk to a bank CEO, they will tell you that most of them want to grow deposits, unless you are big enough that you worry about allocating capital.

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Fintech Innovation Digital Banking FDIC 236

PYMNTS

SEPTEMBER 18, 2020

Venture capital appears to be picking back up in the B2B technology startup community. This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage working capital instability. eFileCabinet.

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PYMNTS

JANUARY 26, 2021

And while the concept initially set its sights on elevating the consumer banking experience, the data integration drive continues to expand into new use cases, including business banking, that open up opportunity through bank-FinTech collaboration and data integration. Citi Drives ISO 20022 Adoption With Volante.

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blockchain Data Fintech Technology 355

PYMNTS

DECEMBER 8, 2020

. Traditional bank account opening methods have long involved visits to branches and face-to-face meetings with officials in which physical identification documents are presented. Capital Float On Using Video-Based KYC To Boost Onboarding, Satisfy Regulators.

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Video Report Meeting United States 211

PYMNTS

JANUARY 3, 2020

With a robust community of technological innovators, and a drive toward the digital economy, India currently stands as an exciting market in FinTech. Trust is a vital component to supporting small businesses’ digitization journeys and access to capital on demand. Building Financial Trust.

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PYMNTS

FEBRUARY 21, 2020

With $521 million raised this week among B2B FinTech startups, the industry continues to prove its appeal among venture capitalists. Coatue, BoxGroup, Conversion Capital, Soma Capital, Backend Capital and more than 50 startup founders also participated.

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PYMNTS

JANUARY 15, 2021

But it was an embedded finance FinTech that took home more than half of the funding announced. Its micro-financing portal targets SMBs that cannot access capital via traditional means. B2B payments FinTech Qolo has announced a $3.8 Sequoia Capital India led the Series A investment, TechCrunch reported. Modern Treasury.

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Capital Fintech Operations Technology 167

BankInovation

NOVEMBER 4, 2022

Payments technology platform ConnexPay secured a $110 million investment last week from growth equity firm FTV Capital to help support technology enhancements and grow its international team, according to a release. With FTV’s proven track record […].

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Minneapolis Capital Security Technology 98

PYMNTS

NOVEMBER 4, 2020

Some FinTech leaders say that this lack of modernization is at least partly to blame for the estimated $1.5 At the very least, outdated tools and workflows slow down the process of getting capital into the hands of exporters and importers that need funding to fuel business.

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Regulation Tools Compliance Technology 234

PYMNTS

APRIL 13, 2020

In this context, the Dutch Authority of Financial Markets has turned to embracing FinTech players in the market to support SMBs, with the regulator’s latest approval going to Finturi. Rather, artificial intelligence (AI) can automatically identify potential red flags on invoice documents to ensure uploads are legitimate.

blockchain 155

blockchain Capital Regulation Fintech 155

Gonzobanker

FEBRUARY 22, 2024

Currently, these businesses are finding funding sources such as Small Business Administration loans, equipment financing loans, or other lines of credit from fintechs and niche players in the market like American Express, PayPal, Mercury, Blue Vine and OnDeck. According to Cornerstone analysis, roughly 50% of U.S.

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Lending Community Bank Community Strategy 78

PYMNTS

DECEMBER 2, 2016

We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. But the largest venture capital funding round went to an accounts payable automation firm in the U.S. But the largest venture capital funding round went to an accounts payable automation firm in the U.S.

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Fintech Capital Lending Taxes 100

PYMNTS

MARCH 9, 2020

The new offering will move clients through application to identity and verification, documentation, offer and acceptance over a period of minutes, which will allow funding to be released on the same day in the end, according to reports. The error caused the departures of CEO Craig Donaldson as well as Chairman Vernon Hill.

Metro 142

Metro Lending Strategy Capital 142

Lex Sokolin

MARCH 31, 2021

Fintech is something some people are interested in, but crypto is something that can make people rich. The Distribution of Social Capital A lot of the language in fintech and Ethereum has been about democratization, and helping people have better financial services. Other forms of social capital are just as valuable?—?from

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Capital Marketing Community social media 52

PYMNTS

MARCH 31, 2017

HSBC revealed a partnership with Tradeshift, a B2B eCommerce and supply chain management platform, in a move some reports said reflects banks’ newfound willingness to collaborate with FinTechs. The portal will digitize the supply chain process, which, the companies said, is traditionally laden with paper from invoices and other documents. “We

blockchain 100

blockchain Fintech Tools Capital 100

PYMNTS

SEPTEMBER 30, 2016

The letter of credit , a necessity in global trade deals, sees a buyer’s bank issuing the document to a supplier’s bank to ensure that a supplier will get paid.

blockchain 100

blockchain Fintech America Technology 100

PYMNTS

JUNE 8, 2020

Automation will help us take all the rules and data from four or five disparate systems and aggregate them into one response document,” Munro said. FINTOP Capital and Next Frontier Capital led the new funding round, with participation from existing investors like Next Coast Ventures and the Kickstart Fund. “We

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Retail Management Customer Experience Capital 142

PYMNTS

NOVEMBER 4, 2019

And Capital One is back online after a major outage. Capital One saw an outage on Friday (Nov. Capital One said, in part, in a tweet on Friday, “Capital One is experiencing a technical issue impacting customer money movement, including direct deposits, and the ability for some customers to access accounts.”

Apple 116

Apple Cards Payments Capital 116

PYMNTS

JANUARY 14, 2021

Grab Financial Group, a Southeast Asian FinTech, said it notched $300 million in a funding round. Flourish Ventures, Arbor Ventures, GGV Capital and K3 Ventures were some other investors in the round. Grab Financial Group Raises $300 Million For Expanded Finance Solutions. Britain’s Finest Restaurants Are Making Takeout A Way Of Life.

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Innovation Policies Groups Payments 138

PYMNTS

JANUARY 26, 2018

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Capital Match. B2B Payments.

Capital 135

Capital Lending Resources Oregon 135

Jeff For Banks

DECEMBER 12, 2015

FinTech, FinTech, FinTech! A banker told me yesterday that if I wanted headlines in American Banker , put FinTech in my copy. Firms started in the dorm room that have no employees, just an eager volunteer, no revenue, and no capital need not apply. That's all I'm hearing. It's like global warming.

Fintech 60

Fintech Capital Cards Bitcoin 60

PYMNTS

AUGUST 14, 2019

An additional $10 million was also raised from Nigerian commercial banks, earmarked for working capital. The company also offers drivers an array of services, including a working capital finance program, an insurance product and benefits like HMO packages and tuition assistance. The e-logistics and transport space is growing in Africa.

Capital 108

Capital Taxes Policies System 108

PYMNTS

JUNE 29, 2016

Venture capitalists continue to back the alternative lending startup community despite recent fallout from Lending Club and revelations the company’s then-CEO Renaud Laplanche allegedly falsified loan documents. Also on Tuesday, India alternative lending marketplace Lendingkart announced its own investment round.

Lending 101

Lending Capital Industry Fintech 101

PYMNTS

MARCH 10, 2020

The small business credit gap is a global issue, a problem that banks and FinTechs continue to hack away at, yet one that remains stubbornly persistent. It’s a self-perpetuating scenario that keeps barriers to capital in place. Asymmetric Information Exchange.

Data 193

Data Lending Capital social media 193

PYMNTS

MARCH 22, 2020

The partnership will give Nacha investors the opportunity to capitalize on XMLdation’s testing capabilities using the Afinis developer portal. Our partnership with XMLdation enables stakeholders to review Afinis API standard documentation and gives them a tool to easily learn how the APIs should behave in real life.

Payments 159

Payments Industry Customer Experience Tools 159

PYMNTS

MARCH 13, 2019

About 56 percent of companies said those pain points included manual data processing, and the fact that customers “take too long” to get necessary documentation in place. are not only facing competition from their traditional rivals, but from a host of specialist lenders, with new players including tech giants and nimble FinTechs.

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Study Customer Experience Fintech Survey 155