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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. “The percent to 29.99

Fintech 198
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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). Online identify verification. Diversified financial technology provider. Total raised: $300 million.

Company 12
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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 EZBob landed a $25 million debt commitmen t to increase its SMB lending. Tally Technologies. Shift Technology. Real estate marketplace lending. Total fundings in second quarter hit $8.4

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

Fintech Labs Insights

P2P lending platform. Net1 UEPS Technologies. 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. Source: FT Partners.

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

Fintech Labs Insights

Oakland, CA. Gerald Technologies. 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. Nano Technologies.

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

Fintech Labs Insights

HQ: Oakland, California. Online stock brokerage. Point of sale technology for food businesses. 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.

Company 12
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Fintech Fundings: 29 Companies Raise $75 Million Week Ending March 3

Fintech Labs Insights

Two Finovate alums raised new cash: iQuantify raised $2 million for its robo-advising technology. HQ: Oakland, California. Tags: Consumers, lending, loans, underwriting, investing, peer-to-peer. Nine weeks into 2016, the total raised is $5.4 billion, more than double the $2.4 billion invested during the same period last year.

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