article thumbnail

A community bank-fueled payments rail

Independent Banker

A secure, open-loop, cost-saving, customer-accessible, multiplatform P2P payments network might sound too good to be true, but community bank consortium Alloy Labs Alliance hopes to achieve just that with the CHUCK payment rail. “For American State Bank in Sioux Center, Iowa, is another CHUCK network participant. “As

article thumbnail

Banking's Top 5 in Total Return to Shareholders: 2019 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. It is the Mountlake Terrace, Washington holding company for 1st Security Bank, a $1.7 First Capital, Inc. Nasdaq: FCAP) First Capital, Inc. Plumas Bancorp (Nasdaq: PLBC) Here is this year's list: #1. FS Bancorp, Inc. NASDAQ: FSBW) FS Bancorp, Inc.

Indiana 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lenny Loves Dwolla: Digital Payment Network Helps Bring Microloans to Millennials

Fintech Labs Insights

“Our goal is to provide a seamless and highly secure platform for our users’ transactions,” Lenny founder and CEO, Joe Bayen, said. “And Dwolla definitely meets all of our safety and security requirements.” Founded in 2008 and based in Des Moines, Iowa, Dwolla has raised more than $32 million in funding.

article thumbnail

Who were ICBA’s Top Lenders of 2022?

Independent Banker

Security Bank Midwest. Security Bank. Iowa State Bank. Iowa Falls. United Bank of Iowa. Two years ago, Lead Bank and Self expanded the program to include a secured credit card. More than 500,000 customers have received secured cards through the program. Agriculture: Less than $300 million in assets.

article thumbnail

Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

Connects marketplace lenders to institutional capital. HQ: Cedar Rapids, Iowa. Tags: Investors, big data, business intelligence, investing, capital markets. Blockchain forensics tools. Latest round: $5 million. Total raised: $7 million. HQ: London, England, UK. Source: Crunchbase. CrowdStreet. Latest round: $4.92 million Debt.

Company 12
article thumbnail

Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. Silvergate Capital Corporation (NYSE: SI) #2. Silvergate Capital Corporation (NYSE: SI) Here we are again. Silvergate had $150 million in total revenue over the past twelve months, and has a market capitalization of $4.7 Live Oak Bancshares, Inc.

Capital 78
article thumbnail

Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

Thus far, Aviva has led seed investments to startups in two of those spaces: Cocoon in smart home security and AppyParking which accesses public and private parking data. Aviva has targeted four areas for investment: IoT, data & analytics, customer experiences and distribution. Ping An/Ping An Ventures. Number of investments: 34.