PYMNTS

JUNE 20, 2017

The action comes a week after the FDIC announced that digital lender SoFi had applied to the state of Utah for a special banking charter known as an ILC. Ten years ago Walmart to launch in Utah, where many ILCs are based, and was shut down.

Utah 108

Utah Indiana America Community 108

PYMNTS

MARCH 19, 2020

Also, Square won a banking license for an industrial bank in Utah. FinTech leader Fiserv has acquired independent software vendor Bypass Mobile, an innovator in the point-of-sale systems arena. In today’s top news, due to the coronavirus, over 3,600 workers have lost their jobs and JPMC has temporarily closed 1,000 branches.

FDIC 130

FDIC Utah Payments Mobile 130

PYMNTS

JUNE 28, 2019

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. MX, based in Utah, said it plans to deploy the investment to continue building out its data solutions. TripActions.

Capital 108

Capital Analytics San Francisco Lending 108

PYMNTS

JULY 14, 2020

Utah-based FuturePay has consistently appeared in PYMNTS’ top 5 alternative credit apps, with its offer of flexible monthly payments for consumers and up-front settlement for merchants. Silicon Valley FinTech Affirm is also a regular in the top 5 this year.

Lending 130

Lending FDIC Minneapolis Utah 130

CFPB Monitor

APRIL 19, 2022

At the end of last year, we completed a months-long project in updating and expanding a 2017 White Paper addressing bank-model lending—programs involving partnerships between banks (or savings associations) and fintech or other nonbank companies in the interstate delivery of loans.

California 78

California Innovation Utah United States 78

Fintech Labs Insights

JANUARY 31, 2023

These are the largest events in the financial services industry geared towards payments and card technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart payments firms and card issuers. And prices tend to rise as the event draws closer. Payments UX: Zelle Confuses

Las Vegas 15

Las Vegas Conference Industry San Diego 15

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 148

Fintech Strategy Leadership Lending 148

Fintech Labs Insights

FEBRUARY 2, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). It is the 7th fintech unicorn based in India, and the 4th most valuable. Divvy : Two Utah companies became unicorns this month. Full Fintech Unicorn List. The 33 Biggest Fintech Conferences & Events in 2021.

United States 15

United States Fintech Utah Software 15

Fintech Labs Insights

FEBRUARY 2, 2021

At FintechLIVE we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). It is the 7th fintech unicorn based in India, and the 4th most valuable. Divvy : Two Utah companies became unicorns this month. Full Fintech Unicorn List. The total value is now $1.42 trillion up from $1.25

United States 15

United States Fintech Utah Lending 15

CFPB Monitor

OCTOBER 10, 2019

According to the complaint , Kabbage entered into the scheme with Celtic Bank, a foreign state-chartered bank in Utah, which has no maximum rate limit for commercial loans. A group of small businesses and their individual owners have filed a putative class action lawsuit in a New York federal district court against online lender Kabbage, Inc.

Massachusetts 84

Massachusetts California New York Utah 84

Fintech Labs Insights

JUNE 17, 2021

Notes : *FAB score = Fintech Attention Barometer , a proprietary measure calculated by Fintech Labs. Expensify is more known for expense management, but introduced a corporate charge card in Oct 2019. First Look at Brex, Fintech’s Youngest Unicorn. FAB Score* . Funding ($M). Visits (5/21). Expensify **.

Cards 15

Cards Utah Online Austin 15

Fintech Labs Insights

JUNE 17, 2021

Notes : *FAB score = Fintech Attention Barometer , a proprietary measure calculated by Fintech Labs. Expensify is more known for expense management, but introduced a corporate charge card in Oct 2019. First Look at Brex, Fintech’s Youngest Unicorn. FAB Score* . Funding ($M). Visits (5/21). Expensify **.

Cards 15

Cards Utah Online Austin 15

Fintech Labs Insights

JUNE 16, 2016

Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. Fintech deals by size from May 14 to 20, 2016: Clover Health. Digital wealth manager. Consumer credit card management. HQ: Lehi, Utah. Source: Crunchbase.

San Francisco 12

San Francisco Company South Carolina New York City 12

Fintech Labs Insights

JUNE 25, 2015

And there are few fintech success stories bigger than 2008 alum, Credit Karma , which scored $175 million this week at a reported $3.5 Total investment into the fintech sector this week were $240 million flowing to 12 firms. So far this year, fintech has attracted $7.9 Payments risk & compliance management.

Puerto Rico 12

Puerto Rico St. Louis Fintech Company 12

Fintech Labs Insights

DECEMBER 1, 2021

Leading USA Digital Small Business Charge Cards ranked by FAB score (Fintech Attention Barometer*). Notes : *FAB score = Fintech Attention Barometer , a proprietary measure calculated by Fintech Labs. Expensify is more known for expense management, but introduced a corporate charge card in Oct 2019. Review Date.

Cards 15

Cards Online Utah Austin 15

Fintech Labs Insights

DECEMBER 1, 2021

Leading USA Digital Small Business Charge Cards ranked by FAB score (Fintech Attention Barometer*). Notes : *FAB score = Fintech Attention Barometer , a proprietary measure calculated by Fintech Labs. Expensify is more known for expense management, but introduced a corporate charge card in Oct 2019. Review Date.

Cards 15

Cards Online Utah Austin 15

Fintech Labs Insights

AUGUST 11, 2016

There has been an average of 28 fintech deals per week this year. Fintech deals by size from 16 July to 22 July, 2016: CommonBond. Digital wealth management platform. Employee expense reporting management. Mobile payments & personal financial management. The total amount raised this week was $532 million.

Fintech 12

Fintech Company San Francisco New York City 12

Fintech Labs Insights

NOVEMBER 30, 2015

In total, 12 fintech companies raised $152 million, though 5 of the deals did not release the amount raised. So far this year, venture funding in the fintech sector have totaled $17.8 Deal management plaform. HQ: Salt Lake City, Utah. billion, or about $24 billion including the WorldPay, First Data and Square IPOs.

Company 12

Company Fintech San Francisco Lending 12

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

APRIL 30, 2015

HQ: Provo, Utah. Household bill management solution. The post Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1 appeared first on Finovate. Tags: Home management, bills, billpay, expense sharing, payments, mobile. Source: Crunchbase. MX (formerly MoneyDesktop). Latest round: $30 million Series A.

Las Vegas 12

Las Vegas Company North Carolina Fintech 12

Fintech Labs Insights

APRIL 4, 2016

Here are the fintech deals by size from 26 March to 1 April 2016: Ceridian. Real estate transaction management technology. HQ: Salt Lake City, Utah. The post Fintech Fundings: 21 Companies Raise $460 Million Week Ending April 1 appeared first on Finovate. Stratumn grabbed $670,000 for its blockchain services.

New York City 12

New York City Company Fintech California 12

Fintech Labs Insights

JUNE 11, 2015

HQ: Lehi, Utah. Payments management platform. HQ: Salt Lake City, Utah. The post Fintech Fundings: 18 Companies Raise $230 Million Week Ending June 11 appeared first on Finovate. Total raised: $16 million. Source: Crunchbase. eFileCabinet. Paperless systems for accounting & other industries. Source: Crunchbase.

Company 12

Company Fintech Utah San Francisco 12

Fintech Labs Insights

JUNE 21, 2016

Money management solutions provider MX launched a new feature to bolster its suite of MoneyDesktop offerings, which include budgeting, account aggregation, transaction history, etc. The company most recently demoed at FinovateFall 2014 where it launched Helios , a cross-platform framework for fintech.

San Francisco 18

San Francisco Utah Conference Data 18

Fintech Labs Insights

JANUARY 18, 2016

Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. 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. Financial supply chain management. HQ: Provo, Utah.

Company 12

Company New York City Fintech San Francisco 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: Salt Lake City, Utah. Tags: Consumer, advisors, investing, trading, ETFs, wealth management. Online insurance. HQ: Singapore.

New York City 12

New York City Company Fintech San Francisco 12

Fintech Labs Insights

SEPTEMBER 11, 2015

A division of Finicity Corporation, Finicity Data Services provides API services for fintech developers building account aggregation, cash flow verification, and account ownership verification solutions. ” “Real-time transaction data opens many new doors for fintech innovators,” Thomas said.

System 12

System San Jose San Francisco Utah 12

Fintech Labs Insights

JANUARY 26, 2016

MacDonald has roots in the fintech industry; he served as the first CMO of Fiserv ( FinovateFall 2015 demo ) and has held executive positions at Checkpoint ( FinovateFall 2008 demo ) and Qualcomm ( FinovateFall 2009 demo ). MacDonald isn’t the only well-known fintech player MX has recruited.

San Francisco 12

San Francisco Utah User Experience New York 12

Gonzobanker

DECEMBER 19, 2016

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Hippest Acquisition of the Year – First Republic Bank’s acquisition of student loan repayment fintech firm Gradifi.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Hippest Acquisition of the Year – First Republic Bank’s acquisition of student loan repayment fintech firm Gradifi.

Utah 60

Utah System Community Marketing 60

Fintech Labs Insights

DECEMBER 8, 2016

Real-time financial data aggregation provider Finicity will use $42 million in new capital to drive new product development, especially financial management and payment solutions for the credit decisioning market.

Utah 12

Utah New York Data Capital 12

Lex Sokolin

SEPTEMBER 23, 2020

It doesn’t have an ILC charter from Utah, or a crypto bank charter from Wyoming, or a straight-up bank charter like Varo, nor has it acquired any banks like Lending Club or Jiko. The start-up is claiming to be EBITDA-positive, thereby reaching an amount of (basic) profitability that many fintech companies lack. No shenanigans.

Capital 52

Capital Software Lending Apple 52

Fintech Labs Insights

APRIL 30, 2015

The strategic implications of the investment in MX include the opportunity to bring its personal/digital finance management technology to the more than 10 million customers of USAA. President and Group CEO Kaoru Hayashi called MX “a dominant force in the U.S.”

Utah 12

Utah Technology Capital Groups 12

CB Insights

FEBRUARY 13, 2020

In an interview at CB Insights’ 2019 Future of Fintech conference, CFO and CPO William Gaybrick indicated that businesses are more constrained by developer resources than by capital. Stripe Connect and billing services help companies manage marketplaces, subscriptions. Stripe Billing optimizes subscription and invoice management.

Online 98

Online Company Retail Payments 98

William Mills

SEPTEMBER 12, 2017

Transforming consumer risk management with patented analytics, proprietary data and real-time insight into consumer behavior. YUKKA Lab‘s software reads and understands financial news within seconds and provides asset managers and financial advisors with an information advantage at a considerable smaller expenditure of time.

Samsung 69

Samsung Mobile User Experience Google 69

Fintech Labs Insights

AUGUST 1, 2016

.” Q2 Contextual PFM uses APIs from MX to provide account aggregation, transaction cleansing, and transaction organization, delivering a data driven money management solution helps customers spot, understand, and respond to trends in saving and spending.

Technology 12

Technology San Francisco Nebraska UX 12

Fintech Labs Insights

SEPTEMBER 30, 2015

Today’s investment brings the Utah-based company’s total raised to $54 million. Following this investment, Kight ( pictured right ) will join MX’s board of directors and will serve as an advisor to the company’s CEO, Ryan Caldwell. In April of this year, USAA led MX’s most recent round, totaling $30 million.

San Francisco 12

San Francisco Utah User Experience New York 12

Fintech Labs Insights

JULY 8, 2016

Financial Guard will become a part of Legg Mason’s alternative distribution strategies business which specializes in helping the global asset manager’s investment affiliates leverage financial technology to serve customers better. Terms were not disclosed.

Utah 15

Utah New York Technology Financial Technology 15