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Fundation Pulls Community Bank Into FinTech Collaboration

PYMNTS

Large financial institutions (FIs) are increasingly turning to FinTech firms and alternative lenders to augment their small business (SMB) offerings, but community banks are beginning to get on board with the partnership strategy , too. According to the publication, the partnership is not only noteworthy for the FI’s work with a FinTech.

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Crowdfunding, Deferred Loan Payments Jumpstart SMB Relief

PYMNTS

Each week, PYMNTS will round up some of the latest initiatives from governments, banks and FinTechs around the world to lend support for small businesses struggling as a result of the coronavirus. Pennsylvania Offers State-Level Support. FinTechs Encourage SMB Crowdfunding. Several FinTechs in the U.S.

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Where Credit Unions Invest To Get The Best ROI

PYMNTS

In many cases, it also requires partnering with emerging FinTechs that are able to quickly deliver the innovations members want most. In Pennsylvania, a local CU is working to enhance its members’ financial journeys with improved personalized experiences using data analytics solutions. Around the Credit Union World.

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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

For the 12th consecutive week, there were 20+ fintech fundings worldwide. The number of deals was inflated somewhat by the six new fintech companies launched at YC’s demo day that we had not previously covered. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. Total dollars raised, $6.3

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Fintech Fundings: 25 Companies Raise $1.6 Billion Week Ending Aug 20

Fintech Labs Insights

Fintech funding records continue to fall. billion) went to three online lenders (Sofi = $1 billion, Avant = $340 million, Dianrong = $220 million). Alt-consumer lending. Peer-to-peer lending marketplace for small businesses. Tags: Credit, P2P, lending, underwriting, investing, SMB. billion, from 25 companies.

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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

With 38 deals reported – one shy of the weekly record – fintech companies raised $303 million worldwide the first week of June. Fintech deals by size from May 28 to 3 June, 2016: Partners Life. Online insurance. Alt-lending. Tags: Consumer, lending, peer-to-peer, P2P, credit, underwriting, investing. Kikka Capital.

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Fintech Fundings: 21 Companies Raise $460 Million Week Ending April 1

Fintech Labs Insights

Here are the fintech deals by size from 26 March to 1 April 2016: Ceridian. Consumer online investment platform. HQ: Fort Washington, Pennsylvania. Tags: Consumer, lending, deposits, loans, payments, banking, underbanked, non-banked. Human resources, payroll and health insurance platform. Total raised: Unknown.