Lending and Portland - Community Banking Brief

Impact Roadshow | Portland, OR

Filene

DECEMBER 14, 2017

QCash - An omni-channel lending solution that offers relationship based underwriting (without credit check) to members in search for small, short-term unsecured loans. Innovation Immersion - Filene’s Innovation Immersion program helps credit unions execute on innovation, ideas, and cultural change.

Portland

Portland social media Innovation Digital Strategies

Umpqua in Ore. Hires Exec to Form Corporate Banking Business

American Banker

OCTOBER 5, 2016

Umpqua Holdings in Portland, Ore., has formed a corporate lending office and hired Richard Cabrera to oversee it.

Portland

Portland Lending Community Bank Community

CFPB announces new appointments to advisory groups

CFPB Monitor

AUGUST 22, 2016

According to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, consumer financial products or services, representatives of community banks and credit unions, and scholars with relevant methodological and subject matter experience.”

San Antonio

San Antonio Kansas City Groups CA

SourceMedia’s Small Business Banking Conference Show – No Shortage of Innovation

William Mills

DECEMBER 12, 2017

For banks, small business and commercial lending can be bogged down by tedious application processes, sluggish response times and frequent delays. Established just last year, AI Foundry created a lending system focused on transforming the customer experience using robotic process automation. www.miradortech.com. www.rcgiltner.com.

Conference

Conference Innovation Lending Customer Experience

Finovate Alumni News

Fintech Labs Insights

AUGUST 10, 2016

Automobile Title Lending Platform Finova Financial Raises $52.5 Kontomatik’s Konstantin Rabin shares his thoughts on successful lending in The Paypers. TradeRiver Finance reaches milestone of lending GBP100 million to UK businesses. Portland Business Journal takes a look inside Simple’s new office.

San Diego

San Diego Portland Lending Data

Fintech Fundings: 25 Companies Raise $1.6 Billion Week Ending Aug 20

Fintech Labs Insights

AUGUST 20, 2015

Alt-consumer lending. HQ: Portland, Oregon. HQ: Portland, Oregon. Peer-to-peer lending marketplace for small businesses. Tags: Credit, P2P, lending, underwriting, investing, SMB. Total raised: $1.75 billion (at least $400 million is debt). Source: Wall Street Journal. HQ: Chicago, Illinois. Total raised: $1.43

San Francisco

San Francisco Company Fintech California

Fair CEO: Why Cars-As-A-Service Is The Future Of Driving

PYMNTS

JUNE 11, 2018

Fair isn’t in the business of lending money to consumers to buy cars. It’s a big aspiration, and time will tell if Fair will play out in Peoria as well as it does in Portland. “That’s obviously just not a very good financial plan – and one we think we can improve on [with Fair].”. Cars as a Service, Instead of a Possession.

Payments

Payments Portland Marketing Operations

Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

MARCH 28, 2016

Three Finovate alums brought in new cash: Kreditech raised $11 million for its banking and lending services for the underbanked. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. Automated lending solutions for financial institutions. Automated lending solutions for financial institutions.

Company

Company Fintech San Francisco New York City

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

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). HQ: Portland, Oregon. Tags: Lending, underwriting, consumer, loans, P2P, crowdfunding, investing. billion valuation. Latest round: $18 million. Total raised: $35 million. Source: Finovate. HQ: Puerto Rico.

Puerto Rico

Puerto Rico St. Louis Fintech Company

Fintech Fundings: 10 Companies Raise $80 Million Week Ending June 4

Fintech Labs Insights

JUNE 5, 2015

HQ: Portland, Oregon. Tags: Crowdfunding, P2P lending, commercial real estate, mortgage, investing. Source: Crunchbase. Mobile security. Latest round: $6.6 million Series C. Total raised: $11.9 Source: Geekwire. Real estate investing platform. HQ: New York City. Latest round: $2 million. Total raised: $4 million.

New York City

New York City Company Fintech New York

Disrupting Insurance: The Other Financial Services Opportunity

Tefkin

MARCH 12, 2014

In the last years, most of the focus on innovation in financial services has been, it seems, on banking (investing and lending) and payment. Take the example of MetroMile based in Portland. Peer to peer insurance is very much different from peer to peer lending. This is about to change and the opportunity space is amazing.

Comparison

Comparison Lending Examples Data

Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

MARCH 22, 2016

million for its P2P lending platform for small businesses. Alt-lender focused on lending against existing automobile titles. P2P real estate lending marketplace. Peer-to-peer lending marketplace. Tags: SMB, lending, P2P, peer-to-peer, underwriting, credit, investing, Finovate alum. SmartAsset raised $3.8

Company

Company New York City Fintech Colorado

120 Fintech Unicorns of the 21st Century: November 2020 Update

Fintech Labs Insights

DECEMBER 7, 2020

Metromile , the pay-as-you-drive auto insurance company based in Portland, Oregon, announced that it will merge with a public SPAC in a transaction valued at $1.3B. New in November: Newborns: Verafin , the Canadian anti-financial crime specialist founded in 2003, is set to be acquired by NASDAQ for US$2.75 billion in cash.

United States

United States Fintech Portland Oregon

Fintech Fundings: $110 Million Raised by 13 Companies Week Ending Dec 4

Fintech Labs Insights

DECEMBER 4, 2015

Small business lending technology. HQ: Portland, Oregon. Tags: Enterprise, SMB, lending, underwriting, loans. HQ: Vancouver, Canada. Source: Crunchbase. Clearpool Group. Electronic trading software. Latest round: $8 million. Total raised: $8 million. HQ: New York City. Source: FT Partners. Mirador Financial. Total raised: $9.7

New York City

New York City Company Fintech Louisville

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

Fintech Labs Insights

AUGUST 14, 2015

HQ: Portland, Oregon. HQ: Portland, Oregon. Tags: Lending, credit, crowdfunding, P2P, student loans, investing. HQ: London, England, UK. Latest round: $100 million ($87.5 million Debt, $12.5 million Equity). Total raised: $100 million($87.5 million Debt, $12.5 million Equity). Source: Crunchbase. International money transfers.

New York City

New York City Company Fintech New York

The 2023 GonzoBanker Awards

Gonzobanker

DECEMBER 14, 2023

Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. Oh, and along the way, OnPoint will provide an amazing $2.5

Fintech

Fintech Community Regional Technology

CFPB Looks To Regulate Overdrafts In 2017 – If It Still Can

PYMNTS

JANUARY 3, 2017

“[Overdrafts] allow customers to spend money they don’t have — then punish them for it,” notes Josh Reich, co-founder and CEO of Simple, an online bank based in Portland, Oregon. These advocates argue that banks have essentially found new ways to make consumers foot the bill in the face of profit-dropping low interest rates.

Regulation

Regulation North Carolina San Francisco Portland