Bank Innovation
JANUARY 31, 2018
Oakland-based Final is a credit card service, which announced that it would close its card portfolio back in December. Goldman Sachs has agreed to purchase fintech startup firm Final, as a part of its efforts to expand in retail-banking products. Terms of the transaction were not disclosed.
BankInovation
MAY 29, 2020
Fresh off a $150 million funding round announced Thursday, Marqeta is developing a credit card product. The Oakland, Calif.-based based startup raised the funds as an extension of its Series E from an undisclosed investor, more than doubling its valuation to $4.3 billion, up from $1.9 billion last year. “We
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PYMNTS
SEPTEMBER 15, 2017
Of course, banks have to be run with safety and soundness to protect those deposits, but they also have myriad public mandates, like fair lending, anti-money laundering and customer privacy. The teams at FinTech startup LendUp and Oakland-based Beneficial State Bank think very differently about that relationship. percent to 29.99
CFPB Monitor
SEPTEMBER 21, 2015
Hughes, Senior Vice President of Card Marketing, Discover Financial Services, Deerfield, Ill. Kukla, Senior Vice President, Center for Responsible Lending, Durham, N.C. O’Connor, Senior Vice President, Lending and Operations, Community America Credit Union, Shawnee Mission, Kan. Christopher G.
Fintech Labs Insights
SEPTEMBER 3, 2020
And more recently, Lending Club has a $185M acquisition of Radius Bank pending, though the lender’s $80M Q2 loss is not going to help ease regulators’ concerns. Money deposited into Jiko, which is essentially a brokerage account with a debit card, will go into T-bills. There have been just two examples in the last 20 years.
Fintech Labs Insights
JANUARY 7, 2016
HQ: Oakland, California. HQ: Trieste, Tags: SMB, credit, lending, trade financing, underwriting, commerce. Tags: Enterprise, payments, mobile, security, Wocket Wallet (product name), hardware, credit/debit cards. Latest round: $46 million Series A. Total raised: $46 million. HQ: Bejing, China. Source: Crunchbase. million debt).
Fintech Labs Insights
MAY 19, 2016
HQ: Oakland, California. Marketplace small business lending platform. Tags: SMB, merchants, security, payments, POS, credit/debit cards, authorization. Fintech deals by size from 23 April to 29 April 2016: Mosaic. Marketplace lender for residential solor projects. Latest round: $200 million Private Equity. Total raised: $224.9
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