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Payroll API Provider Atomic Raises $22M To Expand Its Platform

CB Insights

This round drew participation from Core Innovation Capital, Greylock Capital Management, and Portag3 Ventures. Utah-based Atomic’s payroll APIs connect payroll accounts to third-party apps in order to streamline direct deposit switching and employment/income verification for users.

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Utah’s new regulatory sandbox

CFPB Monitor

Utah Governor Gary Herbert signed H.B. This bill created the nation’s third regulatory sandbox program for fintechs, after Arizona , which enacted sandbox legislation in March 2018, and Wyoming , which enacted sandbox legislation in February of this year. The sponsor of Utah’s legislation, Rep.

Utah 60
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2021 GonzoBanker Awards

Gonzobanker

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 147
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Here’s How Many People Will Work at SoFi Bank

Bank Innovation

It’s not everyday that a fintech applies for a bank charter, so when SoFi did just that it caught our eye. But will this be a big bank? The short answer is no, or not at least for a few years. Buried in SoFi’s application are details on the proposed bank’s staffing size. The bank […].

Fintech 250
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Top 28 Digital Lenders to U.S. Small Businesses

Fintech Labs Insights

Naturally, we were excited about it, naming it the biggest innovation of the year. CAN Capital. Lighter Capital. We are calling it the FAB score, standing for Fintech Attention Barometer. The 171 Fintech Unicorns of the 21st Century (April 2021 update). So, the capability has existed for 20 years. 1,050,000.

Atlanta 15
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Top 26 Digital Lenders to U.S. Small Businesses (SMB, May 2021)

Fintech Labs Insights

Naturally, we were excited about it, naming it the biggest innovation of the year. CAN Capital. Lighter Capital. We are calling it the FAB score, standing for Fintech Attention Barometer. HQ: Salt Lake City, Utah. CAN Capital. So, the capability has existed for 20 years. 1,050,000. SmartBiz Loans.

Atlanta 15
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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. As a result of its product innovation efforts, Stripe has seen explosive growth in product adoption and valuation. A decade of online payments innovation.

Online 98