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CDFIs Kick Off PPP Loan Submissions

Abrigo

Keller, President and Chief Executive Officer of Community Bank of the Bay, a Community Development Financial Institution serving the San Francisco Bay area from its base in Oakland, Calif. “The application came out Friday and we worked on it all through the weekend along with our partners at Abrigo, and we’re ready. SBA Lending.

Lending 195
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Fintech Fundings: 23 Companies Raise $685 Million Week Ending Dec 18

Fintech Labs Insights

The vast majority went into alt-lending including NYC-based Pave ($30o million), Australian P2P platform MoneyPlace ($60 million from Auswide Bank), and Chinese lenders Fengjr.com ($80 million) and Dashu Finance ($77 million). 15 million to security provider Trulioo. Investing & portfolio management. HQ: New York City.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

HQ: Oakland, California. Social media management & compliance for financial institutions . Credit risk management. HQ: Trieste, Tags: SMB, credit, lending, trade financing, underwriting, commerce. Tags: Enterprise, payments, mobile, security, Wocket Wallet (product name), hardware, credit/debit cards.

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Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

Along with the usual payment and lending startups, two insurtech companies raised substantial rounds: Embroker ($12.2 Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. Digital wealth manager. Tink raised $10.2

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Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

HQ: Oakland, California. Marketplace small business lending platform. Payment security technology. Tags: SMB, factoring, accounts receivables, trade finance, lending, credit, underwriting, Citibank (investor), Finovate alum. Fintech deals by size from 23 April to 29 April 2016: Mosaic. Total raised: $224.9 million ($5.82

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Changing the Conversation About Income Volatility

PYMNTS

Self-employed contract workers, commission-based employees, tip-based workers, small business owners and seasonal workers all face variations on income volatility, according to Joanna Smith-Ramani, program director of the Aspen Institute Financial Security Program’s Expanding Prosperity Impact Collaborative (EPIC).

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Fintech Fundings: 39 Companies Raise $930 Million Week Ending April 15

Fintech Labs Insights

P2P lending platform. P2P lending platform. Automotive lending platform. Wealth managment platform. Lend Street Financial. P2P lending platform. HQ: Oakland, California. Student lending. HQ: Oakland, California. Tags: Consumer, lending, credit, underwriting. Latest round: $252.7