PYMNTS

APRIL 4, 2016

federal officials may still be in the early stages of assessing the nation’s alternative lending and small business finance sector, an effort that may eventually lead to regulation of an industry that has yet to face significant crackdowns. The CRBF is not the U.S.’s

Lending 100

Lending Groups Capital Regulation 100

PYMNTS

MARCH 20, 2020

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. In the U.K., In the U.K., A Win-Win for Banks and SMBs. While more financial service providers in the U.S.

Lending 233

Lending Data User Experience Fraud 233

PYMNTS

MARCH 12, 2020

Open banking and bank-FinTech collaboration can be an effective way for financial institutions (FIs) to launch new digital products. The collaboration reflects a growing interest among banks and other lenders to embrace data sharing via API for their small business financing operations. Equiniti Eyes APIs for Risk Management.

Lending 194

Lending Risk Management Fintech Community 194

PYMNTS

APRIL 30, 2019

Ireland has been ramping up to boost FinTech efforts — a trend that has spanned several countries globally. The government said that, in the wake of Brexit, roughly 100 financial firms have applied to set up shop or expand operations in Ireland. Other firms that operate within P2P lending and insurance technologies will be considered.

Fintech 189

Fintech Regional Operations California 189

PYMNTS

JANUARY 18, 2021

Singapore-based FinTech Grab is mulling a U.S. Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures.

Fintech 198

Fintech US Groups Management 198

PYMNTS

MARCH 19, 2019

Grab Financial Group , the Southeast Asia FinTech company, announced Tuesday (March 19) the rollout of SME lending and micro-insurance for drivers in Singapore as part of its “Grow with Grab” roadmap. Grow with Grab” is its full push into lending and insurance, the company said in the press release.

Lending 131

Lending Fintech Groups Policies 131

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Lendingkart.

Fintech 179

Fintech Analytics Capital Lending 179

BankInovation

JUNE 3, 2021

China is allowing Jack Ma’s Ant Group Co. to start operations at its consumer finance company, the first sign of progress after a regulatory crackdown torpedoed the fintech giant’s record listing.

Lending 91

Lending Groups Fintech Operations 91

PYMNTS

SEPTEMBER 9, 2019

JD.com and the biggest retailer in Thailand, Central Group, have launched a financial services app called Dolfin to help connect with local banks and increase the companies’ online presence, according to a report by Reuters. The app has e-wallet capabilities, digital lending services and wealth and insurance management.

Groups 125

Groups Google Lending Online 125

PYMNTS

OCTOBER 8, 2019

In terms of the total amount invested to date in FinTechs, as tracked by PYMNTS via the India FinTech Tracker, the year to date tally stands at just under $3.7 The company offers and operates an app that allows users to track daily spend. The FinTech had already raised $47 million in equity financing.

Fintech 144

Fintech Capital United States Groups 144

PYMNTS

FEBRUARY 14, 2018

An alternative lending conglomerate based in the U.K. The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market. The companies were grouped together between 2014 and 2017 after investments and acquisitions by Arrowgrass Master Fund Ltd.,

Lending 122

Lending Capital Groups Financial Technology 122

PYMNTS

FEBRUARY 25, 2019

The Conference of State Bank Supervisors (CSBS) said earlier this month that it had put in place a set of action items to standardize the national experience of FinTechs and non-bank entities. We have formed a working group of state regulators to develop the model. Our FinTech industry advisory panel did include a few community banks.

Regulation 147

Regulation Fintech Community Bank Community 147

PYMNTS

FEBRUARY 28, 2020

With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture capital funding. B2B eCommerce startup Sokowatch scored a win for Kenya’s B2B FinTech community after raising $14 million in Series A funding, reports in TechCrunch said.

Fintech 175

Fintech Capital Lending Report 175

Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. of bankers are either strongly interested in or already working with fintechs in digital account opening. The benefits of fintechs. By Elizabeth Judd. Quick Stat.

Community Bank 159

Community Bank Community Fintech Risk Management 159

PYMNTS

AUGUST 9, 2019

FinTech investments targeting B2B and corporate services spanned the globe, with particular concentration this past week in SMB lending across India and Europe. The Series C round was led by CDC Group, which in turn operates as a UK government owned VC fund. FinTech startup ePayRails said it has garnered $2.5

Lending 116

Lending Capital Fintech Florida 116

PYMNTS

DECEMBER 11, 2020

Consumers were flocking to digital and mobile banking well before the pandemic’s onset, but social distancing and limited branch operations highly accelerated that uptake.

Groups 169

Groups Mobile Tools Branding 169

PYMNTS

OCTOBER 2, 2018

Avant is best known among its financial services peers as a FinTech firm, founded to throw automation and an artificial intelligence (AI)-enhanced underwriting process at the problem of creating accessible, affordable personal loans for consumers. Avant’s consumer-facing product is devised as a digital alternative to that market.

Lending 134

Lending Alabama Online System 134

PYMNTS

AUGUST 21, 2018

Increasingly, digital strategy is in the purview of banks and non-bank lenders, who in turn are seeking pairings with FinTechs. The insurance FinTech, said the site, will seek to offer insurance contracts that are binding in real time, whereas traditionally insurance companies have finished the process. The FinTech is Finserve Africa.

Fintech 101

Fintech Lending Groups Digital Strategies 101

PYMNTS

MARCH 29, 2019

Grab , the ride-hailing startup, is in discussions with Ant Financial , the payment affiliate of Alibaba and PayPal, about spinning out Grab Financial Group. Grab is in talks with Ant and PayPal about the two making strategic investments in Grab Financial Group, according to the report. It recently raised $4.5

Fintech 152

Fintech Groups Google Policies 152

PYMNTS

SEPTEMBER 18, 2018

Singapore Signs On With FinTech Firms. In Singapore, news came this week that the country will open up its real-time payment system to FinTech firms. The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets. In The Middle East.

Fintech 166

Fintech New York US National 166

PYMNTS

AUGUST 10, 2017

Banks and FinTech companies have a complicated history. While traditional banks offer a more established and tested set of products, the offerings of newer FinTech companies — such as real-time data, streamlined payments and quick notifications — are helping these new players encroach on banks’ territories. Why the tension?

Fintech 202

Fintech System Industry Google 202

PYMNTS

MAY 14, 2018

Taking a page from Goldman Sachs’ book, Morgan Stanley is beginning to lend to FinTech startups in Brazil as it seeks more of a return on its investments. Morgan Stanley’s move comes at a time when the Brazil FinTech market is exploding. Fortress Investment Group also took part in that deal.

Fintech 116

Fintech Marketing America Report 116

PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. sent a letter to five alternative small business lenders operating in the country, inquiring about their business practices.

Lending 109

Lending Capital Fintech Data 109

PYMNTS

JUNE 24, 2020

Bucking the coronavirus-driven economic downturn, Indian FinTech Aye Finance on Wednesday (June 24) said it had raised $27.5 million from a group of investors led by the private equity arm of Alphabet, Google’s corporate parent. The injection of capital comes as Aye Finance prepares to resume lending in July to small businesses.

Lending 183

Lending Capital Analytics Groups 183

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. The investors followed a Series C investment round closed by Veritas earlier this year, which was led by CDC, Pai and Lok Capital.

Fintech 188

Fintech Capital Security Fraud 188

PYMNTS

AUGUST 16, 2018

In lending, as in everything, there is risk, and there is reward. To that end, FinTechs are looking to tap into the sub-prime credit market, with tech as aid. Taken as a whole, sub-prime lending has its hallmarks. Technology has its lures for firms seeking to gain an edge in determining risk and reward.

Fintech 101

Fintech Lending Cards Examples 101

PYMNTS

NOVEMBER 27, 2019

That can hold especially true in wealthy countries, such as the United Arab Emirates (UAE), as discussed in a new PYMNTS interview with Evans Munyuki, chief digital officer of Emirates NBD , a UAE banking group. The government, for instance, has set up funding meant to guarantee and encourage more lending to those smaller operations.

Fintech 167

Fintech Regional Regulation ATM 167

PYMNTS

MARCH 2, 2018

and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 Alternative Lending.

Fintech 118

Fintech Capital blockchain Lending 118

CB Insights

OCTOBER 21, 2018

CB Insights unveiled the second annual Fintech 250 — a list of 250 of the most promising private companies applying a mix of software and technology to transform the financial services industry. THE FINTECH 250 STORY. CB Insights clients can view the full Fintech 250 story by clicking the button below. Please click to enlarge.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

JUNE 3, 2019

Santander, a Spanish bank, and eBay have teamed up to offer lending services to small businesses, in an attempt to stave off competition from not only larger companies but smaller ones as well, according to a report by the Financial Times. Business lending is a ripe sector for banks as it tends to be less regulated that consumer lending.

Lending 166

Lending Operations Digital Banking Regulation 166

PYMNTS

FEBRUARY 24, 2017

B2B FinTech startups came close to hitting the $100 million investment mark this week, with funding rounds in the U.S., The most lucrative players are operating in the SME finance space, with a small business banking startup landing more than a quarter of the funding. Alt-Lending. India, Australia, Germany, Sweden and the U.K.

Fintech 109

Fintech Capital Lending blockchain 109

PYMNTS

NOVEMBER 22, 2019

Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. However recent analysis from Iron Pillar , as reported recently in the Times of India, suggests that such a slowdown may not be detrimental to the B2B FinTech startup arena.

Strategy 109

Strategy Fintech Capital Lending 109

PYMNTS

FEBRUARY 10, 2017

Alternative Lending. million , India’s Zen Lefin, better known as Capital Float, will expand its abilities to lend to SMEs. Capital Float will use the funding to lend to its existing and new SME clients. million in venture capital from KDWC, CMFG Ventures and the VC unit of CUNA Mutual Group, reports said Wednesday (Feb.

Fintech 100

Fintech Capital Lending Data 100

PYMNTS

MAY 18, 2018

million in the largest investment round ever for a FinTech that operates exclusively in the continent. Partech and Digital Currency Group also participated in the round, reports said. million from a group of backers, reports in Forbes said this week, with TPG Growth’s Rise Fund leading the way. Blockchain.

Fintech 134

Fintech blockchain Analytics Capital 134

PYMNTS

NOVEMBER 26, 2020

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum.

Industry 152

Industry DC Regulation Washington 152

PYMNTS

JULY 24, 2017

Reports Friday (July 21) said Mitrausahua Indonesia Group, which operates a peer-to-peer lending platform, has launched a mobile app for individual investors of small businesses. Our app offers better access to peer-to-peer lending for people looking for alternative investment in Indonesia.”.

Fintech 109

Fintech Lending Mobile Groups 109

PYMNTS

SEPTEMBER 1, 2017

and Asia, and PYMNTS lined up all the B2B FinTechs that recently scored fresh funding. The executive said BitPesa plans to use the funding to continue to disrupt the industry, expand and add new products like trade finance and other corporate lending solutions. Mobikon said it also hopes to establish operations in the U.K.

Fintech 135

Fintech Capital Groups Analytics 135