Remove Capital Remove Examples Remove Lending Remove UX
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The New Lending Fintech Bonanza

Gonzobanker

It was into this world that the much celebrated digital lending fintech OnDeck recently sold to Enova for $90 million, a virtual fire sale at way under 1X OnDeck’s revenue. They primarily support – don’t compete with – federally insured bank lending. or 26X revenue but quickly doubled in the market. mortgage market.

Lending 158
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SMB Alt-Lending Gears Up For Another Industry Shakeup

PYMNTS

After industry consolidation and a leveling-out of venture capital interest, alternative SMB lending remains a strong market, though just like traditional banks, it has also faced new lessons as a result of the current market. “It comes in waves, there’s no doubt about it,” he said about the alt-lending boom.

Lending 171
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Disrupting Insurance: The Other Financial Services Opportunity

Tefkin

In the last years, most of the focus on innovation in financial services has been, it seems, on banking (investing and lending) and payment. New financial products have been created (not to the most benefit in some cases – AIG and MBS for example), access to markets have become more global and cheaper. billions. A new carrier?

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Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti

FICO

Videos need to have lots of movement and good visual examples to keep your audience’s attention – and don’t be afraid to add some music! The business model here needs to focus on a strategy that balances lending growth while keeping risk in check. Making enjoyable financial services content isn’t easy, but the medium matters a lot.

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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. The Tech Award – Goes to Capital One. Best of luck in the next chapter, Chris!

Idaho 148
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The 2022 GonzoBanker Awards

Gonzobanker

A few modest examples of the 2022 roller coaster ride: The Fed rate hikes in 2022 totaled 425 basis points. 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Pull ’em down.

Community 216
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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

A host of startups have emerged to capitalize on this trend. It’s even harder when your target market would rather never think about what you’re trying to sell them — retirement, for example. Ninety-two million millennials will soon be in what Goldman Sachs calls their “prime spending years.” In aggregate, they command $1.3

Tools 78