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SMB Alt-Lending Gears Up For Another Industry Shakeup

PYMNTS

The level of market volatility hitting the U.S. and other nations around the world as a result of the global pandemic continues to draw comparisons to the 2008 financial crisis — so it’s only natural that analysts may turn to the past in an effort to predict what could lie ahead. The More Things Change.

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Fintech’s Third Crisis is Tipping Point to a Digital-Only Future

Fintech Labs Insights

In my 25 years in the fintech space, I’ve had the misfortune to experience three massive ecosystem shocks. To help gauge where fintech is now and how and when it will get back on its feet, let’s compare and contrast the three downturns and their recoveries. year run from high to low; for comparison the S&P dropped 48%).

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Hip Pocket Closes $150k Round of Funding

Fintech Labs Insights

Mortgage rate comparison site Hip Pocket announced last week it has padded its own hip pockets after closing a recent $150,000 funding round. Hip Pocket founder and CEO Mark Zmarzly tells us that the funds will be used to expand into the employer financial wellness market and to further build out Hip Money , Hip Pocket’s latest product.

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Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

Despite turmoil in global equity markets, the fintech sector continued its 3-year bull market with 21 companies raising $259.1 Six weeks into the new year, fintech companies have raised $4.5 Here are the fintech deals by size from 6 Feb to 12 Feb 2016: Renew Financial. Insurance price comparison site.

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