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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

FICO

Trends in the macro environment are seen throughout the credit card industry Rising prices, increases in the cost of securing and carrying debt, and the fear of higher unemployment rates are trickling through to consumer behavior on credit cards. Credit card lenders are not only dealing with higher loss forecasts in 2023.

Trends 52
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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

Canopy Tax (formerly Beanstalk). Tax & accounting practice management. HQ: Omaha, Nebraska. Tags: Security, fraud, payments, ecommerce, Finovate alum. Source: The Oregonian. Payments risk & compliance management. HQ: Palo Alto, California. Latest round: $12 million. Total raised: $21.5 Source: FT Partners.

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Fintech Fundings: 113 Companies Raised $1.7 Billion in May

Fintech Labs Insights

HQ: Omaha, Nebraska. Password management & secure digital wallet. Online tax preparation. Online investment platform for secured loans. Company credit cards. Tags: SMB, credit cards, expense management, bookkeeping, controls, security. Total raised: $35 million. Source: Crunchbase. Invest.com.

Company 17
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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

HQ: Omaha, Nebraska. Credit card with consumer controls. Tags: SMB, blockchain, distributed ledger, database, security. Source: FT Partners. D3 Banking. Banking platform. Latest round: $16.4 Total raised: $33.4 Source: Crunchbase , Finovate. SpotCap (Rocket Internet). Alt-lender to small businesses. Latest round: $14.4

Company 12