PYMNTS

JULY 13, 2016

The Wall Street Journal reported on Tuesday (July 12) that the online lender, commonly known as SoFi, with $10 billion in student loans and mortgages across its books, may be forced to don more traditional financial services garb as the online lending sector is buffeted about by negative headlines and looming regulations.

Utah 100

Utah Lending Online Strategy 100

Bobsguide

FEBRUARY 22, 2022

The core transformation program, titled “FutureCore,” is divided into phases and Consumer Lending for the 7 affiliate banks is the first phase to go live, with other phases to follow. The completion of this consumer lending installation represents our first step toward having a fully integrated core loan and deposit system.

Software 78

Software Wyoming Idaho Nevada 78

PYMNTS

APRIL 17, 2018

Additionally, products, pricing, customer requests, orders, returns and coupons can all be managed in the store, thanks to Magento. The firm has deals in place with a Delaware bank to issue debit cards, as well as another agreement with a Georgia bank to deposit checks via photo and Utah-based banks for lending activities.

Delaware 101

Delaware Utah Georgia ATM 101

CB Insights

NOVEMBER 6, 2019

Collectively, these startups have raised over $9.5B, with leading companies including lending startup Avant (Illinois, $655M in total disclosed equity funding), next-gen auto insurer Root Insurance (Ohio, $509M), restaurant finances management system Toast (Massachusetts, $503M), and small business lending startup Kabbage (Georgia, $490M).

United States 72

United States Fintech North Carolina Rhode Island 72

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. Small business lending startup Lulalend is driving alternative finance growth in South Africa, and just announced $6.5

Capital 108

Capital Analytics San Francisco Lending 108

PYMNTS

MAY 4, 2016

The biggest individual cut will be a Utah office dedicated to lending for medical procedures, but 14 percent of Prosper’s San Francisco- and Phoenix-based workforce is also on its way out the door. The staff cuts will also include some management players. All in, 171 jobs will be cut. billion in the last quarter of 2015.

San Francisco 100

San Francisco Phoenix Utah Lending 100

PYMNTS

JUNE 13, 2017

Officially SoFi is looking for an industrial loan charter under the name SoFi Bank in Utah. The services of the new SoFi bank will be pitched largely at SoFi’s current customers on the start-ups lending platform. SoFi has confirmed the news. The bank will offer no other products and services.”.

FDIC 100

FDIC Utah Millennials ATM 100

PYMNTS

NOVEMBER 6, 2019

The firm went public in 2014 and had just managed its first quarter of profitability in early 2016 when scandal rocked the business and it found itself without its found CEO, facing a lot of investor doubt and being investigated by the DoJ. The last few years have been an exciting ride for LendingClub watchers.

San Francisco 100

San Francisco Utah Trends Cards 100

CFPB Monitor

FEBRUARY 4, 2016

” At the American Bar Association’s Consumer Financial Services Committee meeting last month in Park City, Utah, Bryce Stephens and Jeffrey Langer from the CFPB provided insight as to how the CFPB treats the use of big data by creditors.

Big Data 60

Big Data Data Utah Lending 60

PYMNTS

JUNE 12, 2017

The meal kit startup, an alternative to visits to grocery stores, has hired Steve Robinson, former head of global logistics and supply chain at Starbucks, and Brian McEvoy, former assistant general manager at meal kit competitor Blue Apron, to lead its scalability efforts.

Idaho 118

Idaho Leadership Operations Nevada 118

Fintech Labs Insights

APRIL 27, 2016

This week, small business lender Mayava Capital honored the most influential people in small business lending in its Marketplace Lending Power 20 awards. The recipients in order of rank: Lending Club CEO & Founder, Renaud Laplanche. Added a small business lending option in 2015. Took the company public in 2014.

Lending 12

Lending San Francisco Utah Capital 12

CFPB Monitor

SEPTEMBER 21, 2015

Kukla, Senior Vice President, Center for Responsible Lending, Durham, N.C. Allen, Chief Compliance Officer, Bank of American Fork, American Fork, Utah. DeBery, Senior Vice President, Internal Audit and Risk Management, Bath Savings Institution, Bath, Maine. Christopher G. Kathleen J.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

Gonzobanker

DECEMBER 17, 2021

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Congrats to Randy and a great management team. We salute a legend of lending and credit union leadership. GonzoBanker of the Year – Credit Union.

Fintech 148

Fintech Strategy Leadership Lending 148

Jeff For Banks

NOVEMBER 7, 2015

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? What I hear most often is that community banks take deposits from people and businesses in their community and lend it to people and businesses in that same community. You read it right: 100%. Seems risky.

Community Bank 60

Community Bank Community Baltimore Lending 60

PYMNTS

DECEMBER 5, 2016

The experts estimate that the United States government spent millions trying to enforce it and deprived the states of billions in tax revenue — all without managing to make any significant change in American alcohol consumption. server products, including Primavera project portfolio management software.”.

Capital 100

Capital San Francisco Bitcoin United States 100

CB Insights

FEBRUARY 13, 2020

Stripe Connect and billing services help companies manage marketplaces, subscriptions. Business lending and corporate cards. Payments companies assumed risk for losses associated with chargebacks, fraud, KYC, or AML, while also providing support, dispute management, and reporting. Online and offline payments. Source: Finix.

Online 98

Online Company Retail Payments 98

Fintech Labs Insights

JUNE 16, 2016

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

San Francisco 12

San Francisco Company South Carolina New York City 12

Fintech Labs Insights

NOVEMBER 30, 2015

Mortgage lending platform. Alt-lending platform. Lending portal. Deal management plaform. HQ: Salt Lake City, Utah. Tags: Consumer, home equity, mortgage, lending, credit, investing. Source: Finovate. Growth Street. Alt-lender for small businesses. Latest round: $7.6 Total raised: $7.6 Source: Crunchbase.

Company 12

Company Fintech San Francisco Lending 12

Fintech Labs Insights

JUNE 11, 2015

Alt-lending platform to SMBs. HQ: Lehi, Utah. Payments management platform. HQ: Salt Lake City, Utah. Alt-lending for the elective surgery industry. Tags: P2P, peer-to-peer lending, underwriting, investing, SMB, small biz, Finovate alum. Latest round: $129 million. Total raised: Unknown. Source: Crunchbase.

Company 12

Company Fintech Utah San Francisco 12

Fintech Labs Insights

APRIL 4, 2016

Real estate transaction management technology. Tags: Consumer, lending, deposits, loans, payments, banking, underbanked, non-banked. Total raised: $205 million. HQ: New York City. Source: Finovate. Real Matters. Latest round: $76.7 million ($500 million valuation). Total raised: $136.7 HQ: California. HQ: California City, California.

New York City 12

New York City Company Fintech California 12

Fintech Labs Insights

OCTOBER 1, 2015

Cloud Lending Solutions. Enterprise lending platorm. Tags: Commercial lending, loans, secondary market, enterprise. But even without that massive inflow earmarked for U.S. And every known round (not including Blooom’s grant) was 7-figures or more. Total raised: $1.73 billion (includes $1.05 billion in debt). Credible .

San Francisco 12

San Francisco Company Fintech New York City 12

Fintech Labs Insights

JUNE 25, 2015

That makes the credit score provider the second most valuable alum (after Lending Club , currently trading at $6 billion). Payments risk & compliance management. Tax & accounting practice management. HQ: Salt Lake City, Utah. Online investment manager. billion valuation. HQ: Palo Alto, California.

Puerto Rico 12

Puerto Rico St. Louis Fintech Company 12

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. Financial supply chain management. Derivative risk management. Online consumer lending. App Annie garnered $63 million for its mobile analytics and development tools. Total raised: $69 million.

Company 12

Company New York City Fintech San Francisco 12

Fintech Labs Insights

APRIL 30, 2015

HQ: Provo, Utah. Household bill management solution. Tags: Peer-to-peer, P2P, lending, investing. Source: Crunchbase. MX (formerly MoneyDesktop). Digital banking platform for financial institutions. Latest round: $30 million Series A. Total raised: $61.7 Source: Finovate. Loop Commerce. Electronic gift card platform. OrbitRemit.

Las Vegas 12

Las Vegas Company North Carolina Fintech 12

Fintech Labs Insights

JULY 12, 2016

HQ: Salt Lake City, Utah. Alt-lending. Tags: Consumer, advisors, investing, trading, ETFs, wealth management. Total raised: Unknown. HQ: Austin, Texas. Source: Crunchbase. Lease-to-own financing platform. Latest round: $12.5 Total raised: $12.5 HQ: New York City. Source: FT Partners. Latest round: $4.7 Total raised: $7.5

New York City 12

New York City Company Fintech San Francisco 12

Fintech Labs Insights

FEBRUARY 2, 2021

Divvy : Two Utah companies became unicorns this month. The first, Divvy, is a corporate credit card and expense management firm in the same category with Brex, Expensify, and others. MX : The second Utah unicorn of January, MX needs no introduction if you’ve ever attended or followed Finovate. years to grow from zero to $1.3B

United States 15

United States Fintech Utah Lending 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

JUNE 1, 2015

LoanNow combines more than a decade of experience in lending, top engineering talent (“most of our team is ex-Amazon” the LoanNow team tells me), and a fresh approach to managing risk to provide better loan programs to the subprime borrowing population. “Lending is risk-based.” Founded June 2013.

San Jose 12

San Jose Missouri Utah Groups 12

Fintech Labs Insights

FEBRUARY 2, 2021

Divvy : Two Utah companies became unicorns this month. The first, Divvy, is a corporate credit card and expense management firm in the same category with Brex, Expensify, and others. MX : The second Utah unicorn of January, MX needs no introduction if you’ve ever attended or followed Finovate. years to grow from zero to $1.3B

United States 15

United States Fintech Utah Software 15

Independent Banker

OCTOBER 31, 2022

billion-asset Sunwest Bank in Sandy, Utah. We can see customers who are paying loans at other institutions, estimate loan balances and generate a shortlist by relationship manager,” says Lappetito. In addition, AI enabled Sunwest to pursue its specialty of solar lending. AI can quickly manage repetitive, monotonous tasks.

Community Bank 91

Community Bank Community Customer Experience Data 91

Lex Sokolin

SEPTEMBER 23, 2020

Instead, it is replacing payday lending as an industry. 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. They also often lack financial literacy and education? It doesn’t want to be seen as a bank.

Capital 52

Capital Software Lending Apple 52

William Mills

SEPTEMBER 12, 2017

An industry leader in lending and benchmarking solutions for financial institutions. Transforming consumer risk management with patented analytics, proprietary data and real-time insight into consumer behavior. They’re s howing a lending example using their API. They are based in Utah. afs_vision. ID_Analytics.

Samsung 69

Samsung Mobile User Experience Google 69

Fintech Labs Insights

FEBRUARY 15, 2016

HQ: Salt Lake, Utah. Tags: Consumer, SMB, investing, peer-to-peer, equity, loans, lending. Financing for renewable energy and conservation projects. Latest round: $70 million Series D. Total raised: $102.2 HQ: Oakland, California. Source: Crunchbase. Maestro Health. Employee benefits and health insurance services. Source: Crunchbase.

Company 12

Company Fintech New York City Comparison 12

Fintech Labs Insights

APRIL 30, 2015

Sneak Peek Part 7: Avoka, CBW Bank, Cloud Lending Solutions, Context Relevant, Dealstruck, DriveWealth, Dwolla, Dynamics, Encap Security, EyeBuy, FIS Mobile, Kabbage, Knox Payments, Lending Tree, LendKey. HQ: Salt Lake City, Utah. Money Amigo makes managing money fast, fair, and friendly. See you in San Jose!

San Jose 12

San Jose Las Vegas California Tucson 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. The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. Check it out on YouTube.

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. The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. Check it out on YouTube.

Utah 60

Utah System Community Marketing 60