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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

FICO

Rates typically peak after holiday shopping then come down as consumers receive their tax refunds and use it to pay down debt. If you are a Risk Manager, you should be reviewing lending strategies to ensure customers are receiving the right treatment across the lifecycle and getting the help that is needed if debts cannot be fulfilled.

Trends 52
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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. Nebraska State Bank. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA.

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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. Online tax preparation. Tags: Consumer, credit, auto loans, lending, underwriting. Source: FT Partners. Latest round: $153 million Series C. Total raised: $177 million. HQ: Hangzhou, China. Source: Crunchbase. Crowdsourced investment information. Source: Finovate. LeaseOnline.

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 VAT tax refund solution . HQ: Omaha, Nebraska. million), mobile security provider Tyfone ($6.6