article thumbnail

How A Bank And A FinTechs Are Jointly Cracking The Code On Financial Inclusion

PYMNTS

Of course, banks have to be run with safety and soundness to protect those deposits, but they also have myriad public mandates, like fair lending, anti-money laundering and customer privacy. The teams at FinTech startup LendUp and Oakland-based Beneficial State Bank think very differently about that relationship. percent to 29.99

Fintech 198
article thumbnail

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). Online identify verification. HQ: Oakland, California. Total raised: $300 million. HQ: New York City.

Company 12
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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 EZBob landed a $25 million debt commitmen t to increase its SMB lending. Real estate marketplace lending. Online cap table management. Total fundings in second quarter hit $8.4 Tink raised $10.2

article thumbnail

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

Fintech Labs Insights

P2P lending platform. P2P lending platform. Automotive lending platform. Lend Street Financial. P2P lending platform. HQ: Oakland, California. Student lending. HQ: Oakland, California. Tags: Consumer, lending, credit, underwriting. Latest round: $252.7 million IPO. Total raised: Unknown.

article thumbnail

First Look: The 56 Fintech Companies in YC’s Latest Batch (W21)

Fintech Labs Insights

Oakland, CA. Embedded lending infrastructure for software companies. Lending #Cards. Debt as a service for companies to lend money to their users at scale. Lending #DebtManagement. Lending #SMB. . Lending #Proptech. Lending #SMB. Stripe for online identity verification. New York, NY.

article thumbnail

Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

HQ: Oakland, California. Online payment service. Lending marketplace for small businesses. Online insurance broker. Tags: Institutions, lenders, mortgage, lending, customer service, mobile, account opening. Fintech deals by size from 30 July to 5 August, 2016: Mosaic. Lender for solar energy installations.

article thumbnail

Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

HQ: Oakland, California. Online stock brokerage. Online mortgage advisor. Tags: Consumer, SMB, loans, credit, lending, underwriting. Here are the fintech deals by size from 6 Feb to 12 Feb 2016: Renew Financial. Financing for renewable energy and conservation projects. Latest round: $70 million Series D. Maestro Health.

Company 12