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Fintech Deals Are Still Happening – and It’s a Good Thing

Gonzobanker

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. SoFi/Galileo: This $1.2

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Phlatbed CEO: How Mobile Tools Keep On-Demand Wages Moving

PYMNTS

In the United States, 8 million consumers have fallen below the poverty line since May, for example, movement that severely reduces the access these consumers may have to financial tools. percent in 2019, its lowest rate in a decade since the FDIC first began tracking this statistic in 2009. Around The Disbursements World.

Tools 203
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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

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.

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SMB Challenger Banks: Lili Focuses on Freelancers

Fintech Labs Insights

I’ve been expecting digital banking disrupters in the SMB space since the beginning of the online banking era (late-1990s). Lili is focused on freelancers, a 59-million segment (in the United States) that accounts for more than 1 out of every 4 adults ( see chart above ). Choice Financial is the banking provider.

Taxes 15
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SMB Challenger Banks: Lili Focuses on Freelancers

Fintech Labs Insights

I’ve been expecting digital banking disrupters in the SMB space since the beginning of the online banking era (late-1990s). Lili is focused on freelancers, a 59-million segment (in the United States) that accounts for more than 1 out of every 4 adults ( see chart above ). Choice Financial is the banking provider.

Taxes 15