PYMNTS

DECEMBER 2, 2019

The funding will be used to grow FinAccel’s credit lending app Kredivo, and develop additional financial services. The company said it has raised more than $200 million in debt and equity in 2019, and has raised $140 million in equity to date.

Lending 131

Lending Fintech Risk Management Management 131

PYMNTS

OCTOBER 22, 2018

Tala, the consumer lending app in emerging markets, announced Monday (Oct. The company said its loans, which are between $10 and $500, are dispersed to a mobile wallet or via a payment method of the customer’s choice. “At 22) a strategic investment from PayPal.

Lending 193

Lending Company Marketing Regional 193

PYMNTS

AUGUST 8, 2017

educated entrepreneurs met while working abroad at Renaissance Capital and Deutsche Bank. such as Zopa and Lending Club, they saw an opportunity in emerging markets that had been ignored by the big banks, such as Russia, Georgia and Kazakhstan. Observing the rise of disruptive companies in Europe and the U.S.,

Lending 105

Lending Capital Fintech Marketing 105

PYMNTS

JULY 1, 2016

For weeks the FinTech industry has been managing fears and anxieties over the future of the novel alternative finance space. Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Alternative Lending. Lendingkart.

Lending 101

Lending Analytics Capital Industry 101

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. Community financial institutions' experience with PPP technology also translates to other areas of lending.

Lending 259

Lending Community San Antonio Survey 259

PYMNTS

JULY 22, 2016

It feels like 2014 again with the ongoing popularity of alternative lending startups. Earlier this week, reports emerged that some alternative lending and industry professionals are beginning to heighten their anxieties about incoming regulation, particularly as some ponder whether the U.S. Alternative Lending. MarketInvoice.

Lending 100

Lending Regulation Big Data Risk Management 100

PYMNTS

DECEMBER 10, 2016

Two years ago today, Lending Club was ringing the bell on an IPO that one early investor called “a no-brainer.”. Lending Club’s model does not need bank branches on each street corner, and it can turn around in minutes and hours, not days. “I So what went so right for LendingClub two years ago today at its IPO — and then so wrong?

Lending 100

Lending Compliance Capital Marketing 100

PYMNTS

JANUARY 3, 2021

Finja , the Pakistan-based digital lending FinTech, has raised $9 million in a Series A round for $10 million, according to a company press release. Finja was founded by Qasif Shahid , Monis Rahman , and Umer Munawar , all tech veterans, as a mobile wallet service. And Shahid said the new funding would be a boost for the company.

Lending 175

Lending Capital Mobile Company 175

PYMNTS

OCTOBER 2, 2018

Potential borrowers apply online or via mobile, can be approved and offered a rate within 15 minutes, and can have their loans funded within 24 hours. For banks, including relatively large banks, Goldstein noted, entering into personal lending markets is daunting, even if it is appealing from a variety of standpoints.

Lending 134

Lending Alabama Online System 134

PYMNTS

NOVEMBER 13, 2020

The company also streamlines supplier onboarding, contract management and other workflows within the procure-to-pay space. Singapore-based Osome announced $3 million in new funding this week as an extension of its seed round, with XA Network and AltaIR Capital providing the latest investment, TechCrunch reported.

Capital 229

Capital Cards Fintech Payments 229

PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. In total, businesses secured more than $145 million in venture capital (VC) across the U.S., Expense Management. Canada and India. We break down all of the deals you need to know below.

Management 100

Management Capital Taxes Security 100

Abrigo

SEPTEMBER 2, 2020

Key Takeaways With more customers leveraging channels like online and mobile banking, community financial institutions are trying to solve how to maintain their hallmark community focus in an increasingly digital world. Community financial institutions' experience with PPP technology also translates to other areas of lending.

Lending 195

Lending Community San Antonio Survey 195

PYMNTS

MARCH 18, 2016

The alternative small business lending market took home the biggest slice of cake this week with about $33.5 million worth of venture capital across two deals. But it was the big names from Google, Cisco and Hewlett-Packard that made for the week’s largest enterprise-focused venture capital round. SME Finance. and Europe.

Lending 100

Lending Capital Google Security 100

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Lendingkart.

Fintech 179

Fintech Analytics Capital Lending 179

Gonzobanker

AUGUST 17, 2022

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Here’s a few recent ones that caught our attention, and please, “Give us some slack, teach” on the school themes, ok? Banks Bought More Fintechs (Until Sum mer Break Started!).

Fintech 195

Fintech Lending Software Compliance 195

PYMNTS

DECEMBER 17, 2020

In addition, Kakao Bank had rapid lending growth, higher net interest margins and more efforts to increase the proportion of low-cost deposits, according to Samsung Securities analyst Kim Jae-woo, quoted by Reuters. Once that goes through, it will be the first South Korean FinTech working in mobile payments to make a public debut.

Samsung 243

Samsung Digital Banking Security Fintech 243

PYMNTS

SEPTEMBER 6, 2019

landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week.

Fintech 155

Fintech Capital Lending Operations 155

PYMNTS

SEPTEMBER 27, 2020

Lightyear Capital , the New York-based private equity firm working in the fields of financial services, has established ProfitSolv to acquire integrated solutions for billing, payments and software services, a press release says. million round and mobile-first financial service firm Finom getting $12 million in an investment round.

Payments 160

Payments Software New York Capital 160

PYMNTS

OCTOBER 11, 2019

After one of the busiest weeks of the year for B2B startup venture capital funding, this week revealed a bit of a lull in the market. Still, investors placed more than $368 million into the space, often in the form of Series B rounds for a range of B2B players, including fleet management, small business (SMB) banking and global payments.

Capital 169

Capital California Analytics Management 169

FICO

APRIL 1, 2021

At the end of last year, Amazon chief Jeff Bezos's personal venture capital fund joined a US$30 million funding round for African cross-border payments start-up Chipper Cash. Ribbit Capital also joined the funding round. It’s a mobile app that enables customers to transfer money across borders, fast and cheaply.

Mobile 52

Mobile Capital US Lending 52

PYMNTS

JULY 28, 2019

Jack Ma ’s MYbank is aiming to change the way China lends to small businesses. The 4-year-old bank uses real-time payments data and a risk-management system that analyzes more than 3,000 variables to allow borrowers to apply for a loan on a smartphone and receive cash almost instantly if approved. The whole process takes three minutes.

Digital Banking 198

Digital Banking Lending Risk Management Mobile 198

Gonzobanker

APRIL 23, 2020

If the institution is using this service in the AML and fraud departments, it might be wise to open these searches to loan officers managing their portfolios. Because time is of the essence and the potential risks so high, executives should not hesitate to mobilize a team that includes outside credit and data analytics resources.

Management 80

Management Tampa Analytics Data 80

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. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Community Bank 195

Community Bank Capital Training Lending 195

Abrigo

JULY 27, 2023

Regtech is simply the use of technology such as AI, machine learning, natural language processing, and blockchain to improve the way businesses manage regulatory compliance. Keeping up with OFAC Russian sanctions , customer due diligence regulations, and consumer lending compliance expectations can be challenging.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Regtech is simply the use of technology such as AI, machine learning, natural language processing, and blockchain to improve the way businesses manage regulatory compliance. Keeping up with OFAC Russian sanctions , customer due diligence regulations, and consumer lending compliance expectations can be challenging.

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

SEPTEMBER 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. The firm operates a platform to automate tax and financial management processes for gig workers, sole traders and contractors. Below, PYMNTS breaks down how more than $420 million in funding landed with B2B startups.

Payments 149

Payments Capital Taxes Lending 149

CB Insights

OCTOBER 21, 2018

Top VC Investor: Ribbit Capital is the top investor in Fintech 250 companies, having backed companies on the list including new 2018 unicorns, Nubank, Revolut, and PolicyBazaar as well as returning Fintech 250 companies Robinhood , Wealthfront , Gusto , Coinbase , Cross River Bank , and Upgrade. Business Lending & Financing.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

MAY 29, 2019

The company said it will use the capital to invest in growth and add some muscle to its $2.3 It has around $12 billion in assets under management. Previous SoFi investors include SoftBank Capital and Peter Thiel. The private capital space has attracted a lot of interest lately: Investments in the area grew to $4.4

San Francisco 116

San Francisco Capital Millennials cryptocurrency 116

PYMNTS

SEPTEMBER 19, 2018

” Not only does research show that Square’s Cash App is growing faster than PayPal ‘s Venmo , but the company recently boosted its presence in small business (SMB) lending through Square Capital.

Capital 174

Capital New York Conference Lending 174

PYMNTS

JUNE 17, 2016

While this week’s B2B venture capital roundup saw some usual suspects (like alternative SME lending), the firms that caught venture capital attention largely broke through the mold of what the industry has seen so far. Alt-Lending. The alternative lending space just keeps getting bigger. Enterprise Mobility.

Lending 100

Lending Capital Software Mobile 100

PYMNTS

NOVEMBER 9, 2018

The company plans to open its first international office following the investment, which was led by Dawn Capital, said reports in CBR Online. In addition, using artificial intelligence, quantilope provides real-time analytics for customers in marketing, product management, HR, business development and other areas of the enterprise.

Software 158

Software North Carolina Capital San Francisco 158

PYMNTS

AUGUST 12, 2016

Then, there was the announcement of Square Capital’s partnership with Upserve , a restaurant management system (the same one that also acquired Breadcrumb from Groupon in May) to extend working capital to restaurants. Barcode-Based Mobile Payments. It’s worth noting that CVS supports no other mobile wallet at this point.

Lending 100

Lending Apple Cards Study 100

PYMNTS

DECEMBER 12, 2017

The investment was led by GIC, a sovereign wealth fund from Singapore, as well as a host of other participants, ranging from Khosla Ventures to Ribbit Capital and others. With the newest capital raise, Levchin said, “one of the initiatives that we are going to undertake in 2018 is ‘where do we help our merchant partners more?’

Lending 100

Lending Capital Tools Retail 100

PYMNTS

APRIL 30, 2018

Marketplace lending. The blockchain can even end world poverty and transform society by making it safer for total strangers to lend each other money — without any third-party intermediary — and without any risk. Marketplace Lending. Blockchain. Digital banks. Blockchain. Take the blockchain. billion growing to $120.7

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

JULY 8, 2016

With nearly $50 million in venture capital funding for B2B startups this week, the field didn’t fare too bad. With $3 million in new venture capital, Australia-based Airwallex is helping businesses pay and issue cross-border invoices in the currency of their choice. ” Alternative Lending. Cross-Border B2B Payments.

Capital 101

Capital Lending Industry Management 101

PYMNTS

JANUARY 9, 2017

The past few years have seen some of the largest changes in the history of small business lending, and that evolution hasn’t been stifled by borders. million has been financed to startups via a new venture from InnoVen Capital , an India-based venture capital company that formed its Credit Assistance Program.

Lending 100

Lending Capital Report Data 100

PYMNTS

JANUARY 12, 2020

million in a Seed funding round for its neo-bank epiFi, led by Sequoia India and Ribbit Capital, TechCrunch reported on Sunday (Jan. Also participating in the funding rounds were David Velez, Kunal Shah and VC fund Hillhouse Capital. Two co-founders of Google Pay in India have raised $13.2

Google 101

Google Capital Millennials Digital Banking 101