PYMNTS

APRIL 26, 2019

In total, more than $107 million was raised, with investors targeting the small business (SMB) back office, lending and B2B payments. Existing backers, Nauta Capital and Seedrocket 4Founders Capital, also participated. In addition to lending, the company plans to use the funds to expand its savings offerings.

Fintech 176

Fintech US Lending Capital 176

PYMNTS

JUNE 13, 2018

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. Shane is a talented and innovative professional who is positioned well to lead cards and payments U.S.

Capital 100

Capital Cards Delaware Payments 100

PYMNTS

DECEMBER 2, 2019

Singtel Innov8, TMI (Telkomsel Indonesia), Cathay Innovation, Kejora-InterVest, Mirae Asset Securities, Reinventure and DST Partners also participated in the “oversubscribed” funding round — one of the largest for a FinTech startup in Southeast Asia.

Lending 131

Lending Fintech Risk Management Management 131

Bank Innovation

FEBRUARY 28, 2017

Bank Innovation today released a beta of its relaunch, the most significant rebuilding of the site since its start in 2009. Let us know what you think of the rebuilt site by emailing info@bankinnovation.net.

Innovation 150

Innovation US social media Operations 150

Bank Innovation

JANUARY 30, 2019

Interested in joining us for Bank Innovation Ignite 2019 on March 11-12 at the Hyatt Olive 8, Seattle? In Seattle, you’ll see four Ignite Ideas sessions from the following fintech innovators: Lisa Frazier, Head […]. You’d better hurry! Early registration ends this Friday, February 1 at 11:59 PM.

Innovation 170

Innovation Seattle Fintech Security 170

PYMNTS

AUGUST 24, 2018

Small businesses’ use of alternative finance platforms is slowly on the rise. Today, however, Andrew Mallinger, chief operating officer of merchant cash advance platform PIRS Capital , said that entrepreneurs are looking at the MCA in a new light.

Capital 102

Capital US Lending Online 102

Bank Innovation

JANUARY 24, 2019

INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite. “We continue to expand our scope and this allows us to bring in into Demo […].

Innovation 150

Innovation Seattle Fintech US 150

PYMNTS

SEPTEMBER 6, 2019

Today in the payments news roundup, Stripe launched Stripe Capital to simplify the way internet companies can access funds. US Payment Card Market Tops $6T. Stripe Gets Into Lending. Stripe unveiled the rollout of Stripe Capital to simplify the way internet companies can access funds. generated $6.13 generated $6.13

Capital 128

Capital Cards Google Payments 128

PYMNTS

NOVEMBER 28, 2018

“What our businesses are telling us is that they wait so long for the checks to get issued, and then they have to wait for [them] to clear, that the funds don’t sit in the bank as a deposit,” he explained. “The biggest misconception of our customer base is they need to deposit money.”

Lending 168

Lending Payments Cards System 168

PYMNTS

JUNE 20, 2017

unit is offering an update on the progress made by PayPal Working Capital. The company revealed Monday (June 19) that it has facilitated more than $500 million (£400 million) in working capital to U.K. We saw an opportunity for us to help and set about making PayPal Working Capital a reality.”. PayPal U.K.

Capital 108

Capital Innovation Course Tools 108

PYMNTS

FEBRUARY 7, 2017

According to “Digital Disruption — Revisited: What FinTech VC Investments Tells Us About A Changing Industry,” Citi expects an influx in venture capital across the FinTech startup scape. The nation’s current market climate is ideal to fostering FinTech growth and innovation, and investors will fuel that growth through 2017.

Fintech 100

Fintech US Capital Lending 100

PYMNTS

NOVEMBER 4, 2016

The seed of FinTech innovation often comes from a desire to do things differently. But as finance and payments tech expands, these traditional FIs are learning that perhaps the best way to meet the demands of their corporate clients isn’t to compete with FinTech innovators but to collaborate with them.

Management 100

Management Innovation blockchain Capital 100

Abrigo

DECEMBER 17, 2021

Takeaway 1 Having a cohesive vision from the top down is critical to a culture of innovation and the successful adoption of new software. . It’s great that more financial institutions are welcoming technological innovations, but banks and credit unions must consider the long-term impact of their partnerships. DOWNLOAD WHITEPAPER .

Fintech 195

Fintech How To Innovation System 195

PYMNTS

OCTOBER 21, 2019

As Seedrs CEO Jeff Kelisky told Karen Webster in a recent discussion, while most people in 2009 took one look at the sputtering and shuddering economy, there was a whole class of innovators and entrepreneurs who didn’t see a nuclear wasteland where the economy used to be. When most people asked “what’s next?” The list goes on.

Innovation 131

Innovation Payments Apple Mobile 131

Bank Innovation

APRIL 5, 2016

Bank Innovation INV today announces the addition of Navy Federal Credit Union as a member of Bank Innovation INV, the revolutionary fintech accelerator. Navy Federal joins Fiserv, Bank Innovation, U.S. Read More.

Innovation 150

Innovation Fintech social media Operations 150

PYMNTS

JANUARY 7, 2020

Singapore’s FinTech firm ADVANCE.AI , Hong Kong’s financial services company Sheng Ye Capital and Singapore’s firm Phillip Capital are the most recent in a series of contenders for critical business permits in Singapore. billion in capital on hand, and be governed by Singapore leadership.

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. In the past, you have seen us rank customer relevance and total experience as a top priority for banks – not in 2023. Those loans are now worth $0.85

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

FEBRUARY 14, 2020

He said that there had to be a balancing act — the tech should be allowed to move forward and innovate. Meanwhile, a Peter Thiel-backed venture fund , Valar Ventures, lent a hand in a $30 million second round of financing for crypto trading and lending platform BlockFi. Secretary of the Treasury Steven Mnuchin said Wednesday (Feb.

Bitcoin 141

Bitcoin NJ cryptocurrency social media 141

Bank Innovation

NOVEMBER 28, 2016

will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., will feature dozens of speakers on investing in innovation, chatbots, blockchain and more. Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co.,

San Jose 150

San Jose Innovation blockchain Strategy 150

PYMNTS

SEPTEMBER 18, 2018

In the last three years, ADGM has been building a globally connected platform to support financial intermediation and facilitate capital flows for all companies, including startups and [small- to medium-sized enterprises (SMEs)],” ADGM Chairman Ahmed Al Sayegh said. Announcements came Monday (Sept. Startup accelerators are in place.

Fintech 166

Fintech New York US National 166

PYMNTS

MARCH 17, 2017

But on the second day of Innovation Project 2017, eyes were beyond Beantown and cast toward the world at large. Though it has become more difficult to validate legitimate people, he said, keeping an eye (digitally, that is) on different attributes to piece together a (to use a word above) dynamic identity remains critical.

Innovation 103

Innovation Lending Boston Security 103

PYMNTS

JANUARY 30, 2017

Nyca Partners, the venture capital firm focused on the FinTech market, raised $125 million for a second fund. The fund invested in a slew of FinTech startups, including Lending Club, SigFig and Orchard. Nyca Partners isn’t the only one eyeing the FinTech market.

Fintech 100

Fintech Capital Lending Innovation 100

Bobsguide

APRIL 13, 2022

London, UK – April 12, 2022 – Finastra today announced a Banking as a Service (BaaS) collaboration with Microsoft to bring new lending options to thousands of Small and Medium Enterprises (SMEs) – a sector severely underserved when it comes to accessing finance. Users will be able to unlock lending options within Dynamics 365.

Lending 112

Lending Community Leadership Capital 112

PYMNTS

NOVEMBER 13, 2020

a specialty finance company that provides secured loans to venture capital-backed companies. . Getaround is changing the way people think about renting and sharing cars through their seamless and easy-to-use technology platform," Horizon President Gerald Michaud said in a press release announcing the deal.

Security 168

Security Capital Mobile Technology 168

PYMNTS

FEBRUARY 23, 2020

To offer expanded services as it pursues a digital innovation strategy of harnessing partnerships to provide an enhanced customer experience, Fifth Third is teaming with Fundation for small business loans. Companies that lack access to capital are not able to grow their operations or have had to cut their headcounts.

Customer Experience 130

Customer Experience Innovation Strategies Guidelines Meeting 130

Perficient

NOVEMBER 21, 2023

With nearly three decades of experience directing commercial lending, corporate finance, and insurance for leading brands, Perficient’s Insurance Principal, Brian Bell, stands at the forefront of our financial services practice. Explore why leading insurance carriers count on us to drive results.

Industry 221

Industry Conference Meeting Maine 221

PYMNTS

JANUARY 24, 2017

Fifth Third Bank wants to introduce new FinTech innovation into its lines of service and has announced a collaboration with FinTech investors to make it happen. The bank said last weekend that it is partnering with venture capital firm QED Investors to seek FinTech startups and integrate their solutions into the bank.

Fintech 100

Fintech Capital Innovation Lending 100

PYMNTS

MARCH 23, 2020

“Increasingly, many lenders have been starting to focus on [SMBs] and lending to [SMBs],” said Gabriele Sabato, who holds a doctorate in finance and is CEO and co-founder of SMB loan underwriting firm Wiserfunding , in a recent interview with PYMNTS. “[SMBs] are the only ones that can make us stand up again faster.”

Lending 188

Lending Data Analysis Tools 188

PYMNTS

APRIL 23, 2019

In a press release , the online lending marketplace LendingClub said that starting in April, it will connect applicants looking for a small business loan to the Opportunity Fund (a nonprofit small business lender) and Funding Circle (a small business lending platform). billion by 2023. .” billion by 2023.

Lending 116

Lending Online Capital Innovation 116

PYMNTS

SEPTEMBER 22, 2017

B2B: The trillion dollar industry that gets overshadowed in innovation by consumer gee-wizardry tech, B2B is gaining more attention by the day. Across the pond, estimates Innovate Finance and Pitchbook, the B2B FinTech market has gotten nearly half of all FinTech funding in the European Union through the past year. Just sayin’.

US 108

US Apple Innovation Regulation 108

PYMNTS

MAY 30, 2017

The company revealed the funding from an array of backers including National Australia Bank, Royal Bank of Canada, Portag3, and Exhibition Capital. Existing investors CRV, Social Capital, BDC IT Venture Fund and BDC Capital, OMERS Ventures, HarbourVest and OurCrowd also participated, Wave said.

Capital 123

Capital Software Analysis Innovation 123

PYMNTS

AUGUST 22, 2019

Such institutions are working to raise the necessary capital to expand their products and customer bases as they enter new markets. At the end of the day, in some cases, [challengers] are partners and, in some cases, they’re competing with us. But I think what it does is it pushes us. Legacy Banks and the Innovation Game.

Innovation 109

Innovation Digital Banking Fintech US 109

Independent Banker

NOVEMBER 30, 2021

La Plata County commissioner Marsha Porter-Norton champions First Southwest Bank’s innovative lending. First Southwest Bank is carving out new business models to address a need for credit and financial services through nonprofit lending programs and software that leverages its community development financial institution (CDFI) funding.

Colorado 119

Colorado Community Bank Community New Mexico 119

FICO

JANUARY 5, 2017

Ascentium Capital, an innovative commercial lender, wanted to expand its growing small business portfolio while keeping risk in check. I recently had the chance to speak with Chris Miller, VP of Decision Analytics at Ascentium, on how the company makes quick lending decisions for its small business customers.

Lending 64

Lending Case Study Capital Leadership 64

PYMNTS

JUNE 24, 2019

According to the company’s Co-founder Tyler McIntyre, the breed of entrepreneur that flocks to a digital-first bank is the type of business owner who uses digital payments over checks. “The majority of our customers are using ACH,” he told PYMNTS in a recent interview.

US 186

US Payments Data Fintech 186

PYMNTS

FEBRUARY 11, 2020

lending, advancement of our strategic initiatives and improved capital efficiency.”. Breslow pointed out that the company’s analytics capabilities were enhanced in 2019 with innovations in its fraud prevention capabilities. Adjusted net income came in at $3.3

Lending 131

Lending Analytics Fraud Capital 131

PYMNTS

NOVEMBER 23, 2020

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. Blockchain and a bank charter might do much to boost financial inclusion.

National 215

National blockchain Montana Lending 215