CB Insights

OCTOBER 26, 2017

Following our previous mapping of the most well funded startups in each state and most well funded food & beverage startups in each state , we used CB Insights database to identify the most well-funded private fintech startup in each state. FINTECH TRENDS Q3 2017 RESEARCH BRIEFING. Click on the image below to enlarge. Washington.

United States 78

United States Fintech North Carolina Rhode Island 78

PYMNTS

FEBRUARY 15, 2018

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. As was widely reported this past week, seven of them are trying to do so.

Washington 101

Washington Regulation Conference Fintech 101

PYMNTS

NOVEMBER 4, 2019

Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of credit (HELOC), which involves significantly less paperwork and waiting than traditional means, according to a release.

Alabama 100

Alabama New Mexico Arizona Colorado 100

PYMNTS

NOVEMBER 4, 2019

Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of credit (HELOC), which involves significantly less paperwork and waiting than traditional means, according to a release.

Alabama 100

Alabama New Mexico Arizona Colorado 100

PYMNTS

JANUARY 21, 2021

In the home lending segment, the company saw two-thirds of applications done digitally. Separately, Texas Trust Credit Union turned to a “Game of Thrones”-inspired loan offering in an effort to appeal to younger demographics. Overall, the company saw 10 percent growth in its active mobile customer base to 40.9 million individuals.

Mobile 252

Mobile Report Trends Digital Banking 252

Independent Banker

MARCH 31, 2022

When the 2022/23 ICBA board of directors was introduced at ICBA LIVE in San Antonio, Texas, there was a palpable sense of excitement in the air. We must continue to fight increased regulation, specialty charter considerations and the potential for more fintech access to traditional rails without the same oversight. By Molly Bennett.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

FEBRUARY 21, 2020

With $521 million raised this week among B2B FinTech startups, the industry continues to prove its appeal among venture capitalists. The new funding will be used to partner with non-bank financing companies to introduce small business lending into its platform, reports said.

Capital 181

Capital Technology Cards Texas 181

Independent Banker

AUGUST 31, 2021

A bank needs a team with diverse perspectives and unique abilities—technology, sales, lending and leadership—that is willing to work together at a heightened pace, he notes. Build a lending niche. Another bank with an emphasis on ag is $870 million-asset Peoples Bank in Lubbock, Texas. Tim Reimink, Crowe LLP.

Community Bank 170

Community Bank Community Lending Leadership 170

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It’s still going under the stewardship of fintech famous Jim Marous, who modernized the name to Digital Banking Report (and recently opened the archives for free access).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

JANUARY 6, 2020

Yet, the broader perception of smaller financial institutions (FIs) in the industry is that these banks lack the resources that larger banks offer, as well as the agility of emerging FinTech firms, to promote product and service innovation to their SMB clients. Embracing Technological Disruption.

Community Bank 123

Community Bank Community Payments Fintech 123

CFPB Monitor

JULY 14, 2022

The other provision is Section 22324 which prohibits “contract[ing] for or “negotiat[ing] in this state for a loan to be made outside of the state for purpose of evading or avoiding” California lending law. OppFi has filed a motion to compel arbitration which is opposed by the plaintiff.

California 78

California Innovation Utah Texas 78

PYMNTS

AUGUST 8, 2019

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances. For that privilege, it says, it doesn’t charge fees or interest, or have hidden costs to use the app.

Puerto Rico 134

Puerto Rico Regulation New York South Dakota 134

Abrigo

DECEMBER 20, 2021

Whether that is the case or not, the reprieve is now over. On December 16, 2021, FinCEN announced an $8 million civil money penalty against CommunityBank of Texas (CBOT) for willful Bank Secrecy Act (BSA) violations and failing to maintain an effective anti-money laundering (AML) program. CommunityBank of Texas' citations.

Resources 195

Resources Texas Analysis System 195

Gonzobanker

DECEMBER 17, 2021

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 147

Fintech Strategy Leadership Lending 147

CFPB Monitor

APRIL 26, 2021

In addition to Brian Brooks, the former Acting Comptroller of the Currency, the scheduled witnesses are Josh Stein, North Carolina Attorney General, Lisa Stifler, Director of State Policy, Center for Responsible Lending, Dr. Frederick D. Dr. Calomiris previously served as OCC Senior Deputy Comptroller for Economics under Mr.

North Carolina 78

North Carolina Dallas Texas Policies 78

Gonzobanker

DECEMBER 22, 2020

Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. The Tiny Bank that Did It Award UBank of Texas. BCU has worked tenaciously to create a near-lights-out lending process with its consumer originations.

Idaho 181

Idaho Community Industry Strategy 181

Gonzobanker

SEPTEMBER 10, 2019

The digital banking market continues a long burn—this time like the smoke of a Texas summer barbecue. Geneva-based Temenos’ announced the acquisition of Austin, Texas-based digital application provider Kony in a deal totaling $580 million. This is yet another fintech deal to watch. And these employees have lots of options.

United States 89

United States Texas Austin Kansas City 89

CB Insights

MARCH 13, 2019

valuation), Nuro ($2.7B), alternative lending startup Avant ($1.9B), AI-powered predictive sales acceleration platform InsideSales.com ($1.7B), salestech startup Afiniti ($1.6B), healthcare startup Butterfly Network ($1.3B), and data analytics company Dataminr ($1.2B). Pennsylvania. Rhode Island. The Innovation Scout. ENGAGE Talent.

United States 78

United States Rhode Island Massachusetts Connecticut 78

South State Correspondent

SEPTEMBER 20, 2022

It was agreed that too many lines of business, such as treasury management, commercial lending, and commercial deposits, are not utilizing their marketing departments enough, given the tremendous value of their products. Both ladies detailed the tremendous opportunity, potential fintech partners in this space, and the risks.

Conference 195

Conference Marketing social media Data 195

Fintech Labs Insights

OCTOBER 1, 2015

Fintech circles were abuzz this week as four massive fundings pushing several companies higher up the billion-dollar valuation ladder (yep, I can avoid the U-word if I really try). student loans, the worldwide fintech total surpassed one billion ($1.254 billion to be precise) thanks to Paytm ($675 million), Avant ($325 million) and 17 others.

San Francisco 12

San Francisco Company Fintech New York City 12

Fintech Labs Insights

AUGUST 6, 2015

Lending Club provided investors with plenty to think about in its Q2 2015 earnings conference call this week. Here are a few of the highlights from a second quarter that saw Lending Club reach $11.2 Opened to investors in Texas, Arizona, Arkansas, Iowa, and Oklahoma. billion in total originations. Renaud Laplanche is CEO.

Lending 12

Lending North Dakota Report Nebraska 12

Fintech Labs Insights

JUNE 18, 2015

Finovate alum, Azimo landed the biggest round outside the lending sector, $20 million at a $100 million valuation. All told, 12 fintech companies raised $205 million ($105 million equity, $100 million debt) this week. P2P mortgage lending. HQ: Houston, Texas. Year-to-date, $7.7 billion has been invested in the sector.

San Francisco 12

San Francisco Company Fintech Albuquerque 12

Fintech Labs Insights

JULY 12, 2016

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. HQ: Austin, Texas. Alt-lending. Tags: Consumer, lending, peer-to-peer, P2P, credit, underwriting, investing. million Seed.

New York City 12

New York City Company Fintech San Francisco 12

Fintech Labs Insights

MARCH 28, 2016

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. HQ: Austin, Texas.

Company 12

Company Fintech San Francisco New York City 12

Fintech Labs Insights

DECEMBER 14, 2015

Buoyed by 7 Startupbootcamp Insurance entrants each grabbing $17,000, a record 30 fintech companies raised money this week for a total of just under $100 million ($95.8 BankersLab received an undisclosed investment towards its commercial lending training & compliance tools. Real estate lending marketplace. GroundFloor.

San Francisco 12

San Francisco Company Fintech New York City 12

Fintech Labs Insights

DECEMBER 28, 2015

But if there’s one in the fintech sector, the dozens of investors in these 23 companies didn’t get the memo. In the last full non-holiday week of the year, $685 million poured into fintech companies worldwide. FinTech Group. HQ: Austin, Texas. There may be a bubble in tech investing. Person-to-person lender .

Company 12

Company Fintech North Carolina California 12

Fintech Labs Insights

JULY 23, 2015

While not a pure fintech play, we included it here because its primary customers are the big insurers, including the U.S. CircleBack Lending. Consumer lending P2P marketplace. HQ: Austin, Texas. HQ: Austin, Texas. Tags: Lending, credit, SMB. million for its mobile P2P payment service. government. Argos Risk.

Company 12

Company Connecticut Fintech Austin 12

Fintech Labs Insights

OCTOBER 9, 2015

Almost 40% of the total ($223 million) went to Chinese real estate marketplace FangDD which is not universally classified as fintech. HQ: Irving, Texas. HQ: Austin, Texas. The post Fintech Fundings: 22 Companies Raise $590 Million Week Ending Oct 9 appeared first on Finovate. million), Ripple ($4 million), Praesidio ($3.1

New York City 12

New York City Company Fintech San Diego 12

PYMNTS

JUNE 21, 2019

B2B FinTech Procurify announced $20 million in fresh funding this week, with the Canadian company landing the Series B investment from Information Venture Partners, which led the round, as well as Runa Capital, HarbourVest Partners, Manulife and Kensington Capital Partner’s BC Tech Fund. Arrive Logistics.

Marketing 109

Marketing Capital San Francisco Management 109

Jeff For Banks

SEPTEMBER 13, 2015

The Wide Receiver/Chief Lending Officer Criteria: I searched for banks with the best yield on loans coupled with excellent asset quality as represented by NPAs/Assets. But I also wanted to find a community bank that focused on lending to the businesses of today, and not solely the owners of the buildings these businesses reside.

Community Bank 60

Community Bank Lending Community Security 60

Fintech Labs Insights

JUNE 5, 2015

The fintech sector scored its second consecutive under-$100 million week as the summertime slowdown hit the northern hemisphere. HQ: Austin, Texas. FinTech Group. The post Fintech Fundings: 10 Companies Raise $80 Million Week Ending June 4 appeared first on Finovate. In total, 10 companies raised $83.3 Total raised: $46.3

New York City 12

New York City Company Fintech New York 12

Fintech Labs Insights

MAY 15, 2015

Vouch landed $6 million to help put the “first P” back in P2P lending. In total, 14 companies raised $160 million (not counting the undisclosed amount Square raked in to fund more alt-lending to its SMB customers). Online lending ( Paidy ). Lending social network. HQ: Austin, Texas. HQ: Tokyo, Japan.

San Francisco 12

San Francisco Company Fintech California 12

Fintech Labs Insights

MARCH 22, 2016

million for its P2P lending platform for small businesses. Here are the fintech deals by size from 12 March to 18 March 2016: Future Finance. Alt-lender focused on lending against existing automobile titles. P2P real estate lending marketplace. Peer-to-peer lending marketplace. SmartAsset raised $3.8 Connecture.

Company 12

Company New York City Fintech Colorado 12

Fintech Labs Insights

SEPTEMBER 25, 2015

Funding to the fintech sector maintained pace this week with another quarter-billion ($234.3 Auto lending marketplace lender. HQ: Austin, Texas. Mobile P2P lending platform. The post Fintech Fundings: 17 Companies Raise $235 Million Week Ending Sep 25 appeared first on Finovate. Source: P2P-Banking. CoverHound.

San Francisco 12

San Francisco Company Fintech San Jose 12

Fintech Labs Insights

AUGUST 28, 2015

YTD, the fintech sector has raised $12 billion. Able Lending. HQ: Austin, Texas. The post Fintech Fundings: 15 Companies Raise $150 Million Week Ending August 31 appeared first on Finovate. Tags: P2P, lending, mortgage, loans, peer-to-peer. million in venture debt. August fundings ended up totaling $2.3

Company 12

Company Fintech California San Francisco 12

Fintech Labs Insights

JANUARY 18, 2016

Year-to-date fintech companies have raised $450 million in new equity, 67% more than the $270 million raised in the first half of January 2015. HQ: Austin, Texas. Online consumer lending. Person-to-person small biz lending platform. Tags: Consumer, credit, lending, loans, underwriting. Mambu attracted $8.7

Company 12

Company New York City Fintech San Francisco 12

Fintech Labs Insights

OCTOBER 26, 2015

Lending to bootcamp students. HQ: Austin, Texas. Marketplace lending platform. The post Fintech Fundings: 27 Companies Raise $420 Million Week Ending October 23 appeared first on Finovate. Tags: Consumer, financing, B2B2C, indirect lending, loans, underwriting, in-store POS, Finovate alum. P2P loan platform.

Company 12

Company Fintech California North Carolina 12