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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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Facebook’s Libra, Uber Losses, Instant Deposits Top Week’s News

PYMNTS

Max Levchin On The Future-Present Of Everywhere POS Lending. Inside Synchrony Financials’ AML Playbook (Feedzai Digital Banking Tracker). Consumers have noticed the rising levels of fraud in digital banking, while fraudsters are relying on technologies such as machine learning (ML) and artificial intelligence (AI).

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Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

Fintech Labs Insights

HQ: Houston, Texas. P2P lending marketplace. Digital bank. Covercy Technological Trading. Tags: Consumer, SMB, loans, credit, lending, underwriting. Source: Crunchbase. UniRush (RushCard). Prepaid card issuer. Latest round: $15 million Debt. Total raised: Unknown. Source: FT Partners. Marvelstone Tech.

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Fintech Fundings: 22 Companies Raise $160 Million Week Ending March 11

Fintech Labs Insights

million for its SMB alt-lending service. D3 Banking borrowed $4.5 million for its digital banking technology. Smart receipt technology. HQ: Houston, Texas. Tags: Consumers, SMB, lending, underwriting, investing, credit. TradeShift added $20 million for its trade finance platform. FlexReceipts.