Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

Gonzobanker

DECEMBER 17, 2021

Union has been a stalwart of the California marketplace since the ’50s, and this gives Andy Cecere and team a great expansion into the Golden State and also some nice wholesale banking business. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis.

Fintech 147

Fintech Strategy Leadership Lending 147

Gonzobanker

DECEMBER 20, 2019

Second Curve analyst Zack Maxfield opened a TD Bank checking account on his phone in nine minutes while he waited to speak with a teller at one of the bank’s branches, but waited an hour to fund the account and order a debit card. The 2019 Industry Oh Sh*t Moment Award – Goes to Apple and Goldman Sachs for the Apple Card launch.

Idaho 148

Idaho Conference Data Marketing 148

Fintech Labs Insights

NOVEMBER 19, 2021

Minneapolis. A defunct Canadian bank, Bayshore Trust, launched the first online loan application in March 1996. Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. Related: Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021). IOU Financial.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

AUGUST 1, 2016

Alt-lending to small businesses. Digital sales & account opening. Credit card with consumer controls. Marketplace lending analytics. Tags: Institutions, advisors, analytics, BI, lending, loans, securitization. Total raised: $42 million. HQ: Ahmedabad, India. Source: Crunchbase. West Creek Financial.

Company 12

Company Fintech New York City Lending 12

Fintech Labs Insights

JULY 21, 2016

Digital bank startup. Gift card payment network. Digital Asset Holdings. Alt-lending marketplace for consumers. HQ: Minneapolis, Minnesota. Tags: SMB, lending, underwriting, trade finance, B2B ecommerce. Latest round: $40 million Series B. Total raised: $52.7 HQ: Berlin, Germany. Source: Crunchbase.

New York City 12

New York City Fintech Company San Francisco 12

Fintech Labs Insights

FEBRUARY 23, 2016

Prepaid card issuer. P2P lending marketplace. Digital bank. HQ: Minneapolis, Minnesota. Tags: Consumer, SMB, loans, credit, lending, underwriting. Here are the fintech deals by size from 13 Feb to 19 Feb 2016: StoneEagle Services (VPay). B2B payments platform. Latest round: $76 million Series. Aria Systems.

Company 12

Company Fintech San Francisco Texas 12