Gonzobanker

DECEMBER 19, 2022

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. Goes to Tom Brown and the Second Curve Capital team for the inspiring message from Clemson CEO Jim Clements.

Community 216

Community Fintech Industry Innovation 216

Fintech Labs Insights

MAY 16, 2017

Less than a month after announcing its new $105 million SoFi Prime Income Fund to help raise funds to issue loans, online lending innovator SoFi is making headlines again with the launch of SoFi Wealth. The new initiative, the company’s first digital wealth management offering, will allow investors in the U.S. Mike Cagney is CEO.

Management 19

Management San Francisco New York UX 19

Gonzobanker

DECEMBER 20, 2019

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

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

SEPTEMBER 10, 2019

Still to be sorted out are overlaps between Infinity and Kony’s UI/UX assets. If the Kony acquisition is similar to Akcelerant and Avoka acquisitions thus far, disruption at Kony should be manageable. From what we can gather, the intent is to leverage more of Kony’s front-end UI with the process that comes with Infinity.

United States 89

United States Texas Austin Kansas City 89

Tefkin

MARCH 12, 2014

In the last years, most of the focus on innovation in financial services has been, it seems, on banking (investing and lending) and payment. In an insurance world, there is a conflict between the requirements of the underwriting algorithm for being able to price the premium and the optimal UX for users to be able to obtain a product.

Comparison 34

Comparison Lending Examples Data 34

FICO

FEBRUARY 12, 2023

The business model here needs to focus on a strategy that balances lending growth while keeping risk in check. Here is an excerpt of his top ranking post: Credit limit management is regarded as a key driver to profitable portfolios. Small UX improvements (like real-time address lookup) can have a big impact on customer experience.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

Fintech Labs Insights

JULY 12, 2016

Kikka Capital. Alt-lending. Tags: Consumer, advisors, investing, trading, ETFs, wealth management. Total raised: Unknown. HQ: Austin, Texas. Source: Crunchbase. Lease-to-own financing platform. Latest round: $12.5 Total raised: $12.5 HQ: New York City. Source: FT Partners. Source: Crunchbase. Smartkarma. Latest round: $4.7

New York City 12

New York City Company Fintech San Francisco 12