Fintech Labs Insights

JANUARY 25, 2022

When I started reporting on the space in the mid-90s, I thought banks would end up delivering the bulk of basic accounting functions through their online banking programs. So the market has been ceded to the entrepreneurs, and wow, have they shown up! Draper, Utah. Market cap: $16.8B (25 Jan 2022). HQ: Draper, Utah.

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San Francisco Online Detroit Houston 15

Fintech Labs Insights

APRIL 15, 2022

Now that the pandemic appears to be relatively under control, fintech founders are more likely to create new businesses focusing on the SMB opportunity. Banking-as-a-Service (and fintech-as-a-service) providers have proliferated in the past 5 years, making it much easier to start a neo/challenger bank. HQ: Salt Lake City, Utah.

Utah 15

Utah Lending Digital Banking Fintech 15

CFPB Monitor

OCTOBER 10, 2019

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. 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.

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Massachusetts California New York Utah 84

Fintech Labs Insights

NOVEMBER 4, 2021

Lendio primarily markets directly to business owners online. But it also operates a unique franchise system where business loan brokers get exclusive access to a geographic market in exchange for an initial investment of $55k to $65k. HQ: Salt Lake City, Utah. The 238 Fintech Unicorns of the 21st Century (Sep 2021).

Utah 15

Utah Google Cards Lending 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. Online Digital Banks for Small Businesses. Top 11 U.S.

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United States Fintech Utah Lending 15

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 HQ: Salt Lake City, Utah. Online investment manager.

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Puerto Rico St. Louis Fintech Company 12

Fintech Labs Insights

APRIL 30, 2015

HQ: Provo, Utah. Online auto insurance comparison site. Online & mobile payment solutions in Southeast Asia. Online real estate investment platform. The post Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1 appeared first on Finovate. Source: Crunchbase. MX (formerly MoneyDesktop).

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Las Vegas Company North Carolina Fintech 12

Fintech Labs Insights

JANUARY 26, 2016

MX appointed Don MacDonald to lead marketing and branding efforts and develop marketing strategies to help bank clients enhance the account holder experience. He has the skills, experience and proven track record to continue to evolve our marketing organization, build the MX brand and drive accelerated growth for the company.”.

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San Francisco Utah User Experience New York 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. Online insurance. HQ: Salt Lake City, Utah. Micro-payments for online content. Latest round: $134.5 Total raised: $134.5

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New York City Company Fintech San Francisco 12

Fintech Labs Insights

APRIL 4, 2016

Here are the fintech deals by size from 26 March to 1 April 2016: Ceridian. Consumer online investment platform. HQ: Salt Lake City, Utah. The post Fintech Fundings: 21 Companies Raise $460 Million Week Ending April 1 appeared first on Finovate. Human resources, payroll and health insurance platform. Source: Crunchbase.

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New York City Company Fintech California 12

Fintech Labs Insights

JULY 8, 2016

Legg Mason has acquired a majority stake in online investment advisor Financial Guard. ” Jenkins also highlighted the retirement market in particular as an area where Financial Guard may be especially helpful to plan sponsors and “the smaller segment of the market that will continue to need advice.”

Utah 15

Utah New York Technology Financial Technology 15

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

AUGUST 11, 2016

Braintree’s payment platform serves both online and mobile merchants, providing a secure payment gateway, merchant account, recurrent billing and credit card storage. Based in Salt Lake City, Utah, Finicity demoed its Data Services technology at FinovateSpring 2015 , and more recently presented at FinDEVr New York 2016 this spring.

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San Francisco Utah Case Study New York 12

Fintech Labs Insights

JULY 18, 2023

Divvy is one of the biggest fintech success stories of the 2020s. Founded in late 2016 by Blake Murray and Alex Bean, the Lehi, Utah-based startup went from founding to a $2.3 billion*) deal (source: SEC ) *Note: If the Divvy owners sold their Bill.com shares at the market peak (Nov 2021), they would have fetched around $3.7

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Management Cards Software Utah 15

Fintech Labs Insights

JANUARY 9, 2023

Divvy is one of the biggest fintech success stories of the 2020s. Founded in late 2016 by Blake Murray and Alex Bean, the Lehi, Utah-based startup went from founding to a $2.5 Timeline of a fintech rocket ship: September 2016: Founded in Lehi, Utah by Blake Murray and Alex Bean. billion exit in just 4.5 billion today.

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Management Cards Software Utah 15

PYMNTS

MAY 3, 2019

China saw a particularly dramatic decline in VC funding, though India and markets across Europe were able to secure investor attention for the quarter. Below, PYMNTS breaks down how more than $516 million in venture capital was spread across B2B FinTech firms. Canada’s Webware.io

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Fintech Capital blockchain Management 160

Fintech Labs Insights

FEBRUARY 15, 2016

Despite turmoil in global equity markets, the fintech sector continued its 3-year bull market with 21 companies raising $259.1 Six weeks into the new year, fintech companies have raised $4.5 Here are the fintech deals by size from 6 Feb to 12 Feb 2016: Renew Financial. Online stock brokerage. times the $1.9

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Company Fintech New York City Comparison 12

William Mills

SEPTEMBER 12, 2017

They’re showing a web platform related to their capitol markets solution. YUKKA Lab AG detects market sentiments and transforms them into innovative tools for the finance and communications industry. This technology powers a ton of other FinTech companies (something that I don’t think most people know). 11:34 am YUKKA Lab.

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Samsung Mobile User Experience Google 69

CB Insights

AUGUST 31, 2017

Shanghai-based NIO (蔚来汽车, formerly NextEV), a manufacturer of smart, electronic, and autonomous vehicles, is aiming for Tesla-style success in the Chinese market. Advertising/Marketing AI. New York-based ad tech startup Taboola offers a personalized discovery and monetization platform for online content. in total funding.

California 61

California Capital Company Industry 61

Fintech Labs Insights

APRIL 30, 2015

HQ: Salt Lake City, Utah. Onovative’s powerfully simple marketing automation software helps financial institutions meet the challenge of cross-selling current customers. Slice’s technology provides item-level purchase data across the largest base of online consumers (two million and counting). Why it’s great.

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San Jose Las Vegas California Tucson 12

Gonzobanker

DECEMBER 19, 2016

Or the need to take market share in a slowest growth region? A wonderful franchise and team picked up by Guaranty in-market at a decent price. It’s time for banks to focus hard on marketing and the borrower experience. Best Free Market Research a Retail Banker Will Ever Get. Is it in the water? see [link] ).

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Or the need to take market share in a slowest growth region? A wonderful franchise and team picked up by Guaranty in-market at a decent price. It’s time for banks to focus hard on marketing and the borrower experience. Best Free Market Research a Retail Banker Will Ever Get. Is it in the water?

Utah 60

Utah System Community Marketing 60