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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

FICO

Trends in the macro environment are seen throughout the credit card industry Rising prices, increases in the cost of securing and carrying debt, and the fear of higher unemployment rates are trickling through to consumer behavior on credit cards. 19 report on Consumer Credit) translating to ~$70 more in interest per $10,000 in debt.

Trends 52
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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. Nebraska State Bank. Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. Less than $300 million. The Philadelphia Trust Company. Philadelphia. Brazos National Bank. First Federal Bank, A FSB. Tuscaloosa. Allied First Bank, SB.

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

That makes the credit score provider the second most valuable alum (after Lending Club , currently trading at $6 billion). Canopy Tax (formerly Beanstalk). Tax & accounting practice management. HQ: Omaha, Nebraska. Tags: Lending, underwriting, consumer, loans, P2P, crowdfunding, investing. billion valuation.

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Fintech Fundings: 113 Companies Raised $1.7 Billion in May

Fintech Labs Insights

P2P lending platform. HQ: Omaha, Nebraska. Password management & secure digital wallet. Online tax preparation. Online investment platform for secured loans. Tags: Consumer, credit, auto loans, lending, underwriting. Source: FT Partners. Latest round: $153 million Series C. Total raised: $177 million.

Company 17
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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

Alt-lending to small businesses. HQ: Omaha, Nebraska. Marketplace lending analytics. Tags: SMB, lending, credit, underwriting, payments, point-of-sale, mobile, trade finance. Total raised: $42 million. HQ: Ahmedabad, India. Source: Crunchbase. West Creek Financial. Consumer purchase financing. Latest round: $28.5

Company 12
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Fintech Fundings: 27 Companies Raise $345 Million Week Ending August 14

Fintech Labs Insights

It was another stellar week for Finovate alums with 6 fundings totaling $123 million: money transfer service Payoneer ($50 mil), AI innovator Kensho ($33 million), tax specialist VATBox ($24 million), , cash-back specialist Mogl ($7.9 million), mobile security provider Tyfone ($6.6 VAT tax refund solution . million Debt, $12.5