Cards Lending Marketing Minneapolis 
PYMNTS
JULY 14, 2020
That alternative method of paying for purchases “on credit” got a boost with news this week that Visa Installments , a new point-of-sale (POS) credit solution, is being rolled out in pilot markets across the U.S. This follows a pilot rollout in Russia last month. Fast and Furious BNPL Action. The account comes with 1.30
Gonzobanker
DECEMBER 17, 2021
Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Acronym of the Year. Has to be M-O-E.
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CFPB Monitor
SEPTEMBER 9, 2020
Our letter draws on Ballard Spahr’s two-plus decades of experience in representing banks and savings associations (“Banks”) in establishing lending programs (“Bank-Agent Programs”) where a Bank obtains substantial assistance from a fintech or other non-Bank company (an “Agent”) to offer Bank loans to consumers or small businesses.
Fintech Labs Insights
NOVEMBER 10, 2023
The legacy players held their market share by providing digital services deemed “good enough” to retain customers loath to switch banks. 161 $323 21 Branch 357 2015 Minneapolis 222,000 $633 22 Albert 315 2015 LA 1,270,000 $176 23 Current 307 2015 NYC 856,000 $402 24 Greenlight 302 2014 Atlanta 458,000 3.8
Fintech Labs Insights
JULY 12, 2016
Prepaid debit card for youth. Alt-lending. Tags: Consumer, merchants, POS, point of sale financing, lending, credit, underwriting. Source: Crunchbase. Mobile savings account. Latest round: $22.5 million Series B. Total raised: $36.3 HQ: San Francisco, California. Source: Crunchbase. Qingshongchou Network Technology.
Fintech Labs Insights
JUNE 11, 2015
million in a private placement bringing their market cap to $8.6 Alt-lending platform to SMBs. HQ: Minneapolis, Minnesota. Alt-lending for the elective surgery industry. Tags: P2P, peer-to-peer lending, underwriting, investing, SMB, small biz, Finovate alum. Bright Funds raised a $1.8 Latest round: $129 million.
Fintech Labs Insights
JULY 23, 2015
The second biggest round was also in the insurance arena, as Sweden’s BIMA (aka Milvik ) raised $38 million for its micro-insurance products in emerging markets. Mobile insurance provider in emerging markets. CircleBack Lending. Consumer lending P2P marketplace. government. HQ: Darien, Connecticut. BIMA (Milvik).
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