CB Insights

FEBRUARY 13, 2020

Business lending and corporate cards. Square has since expanded its offerings to standalone, integrated point-of-sale terminals, as well as a broader ecosystem of applications and services such as lending (Square Capital), payroll services (Square Payroll), and rewards (Square Loyalty). Fraud prevention tools. Virtual card issuance.

Online 98

Online Company Retail Payments 98

PYMNTS

OCTOBER 17, 2017

All industrial banks are chartered in Utah – and there are only 17 such charters issued, 15 of which are currently active. Square already has an SMB lending arm – Square Capital – which it operates through a deal with Utah-based Celtic Bank. That lending operation has been fairly successful for Square, and has lent out over $1.8

Industry 108

Industry Fintech FDIC Community Bank 108

Jeff For Banks

NOVEMBER 7, 2015

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? What I hear most often is that community banks take deposits from people and businesses in their community and lend it to people and businesses in that same community. You read it right: 100%. Seems risky.

Community Bank 60

Community Bank Community Baltimore Lending 60

Gonzobanker

DECEMBER 17, 2021

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Rex Johnson, Baxter Credit Union founder and former CEO – Rex was a legend in the credit union industry who will always be remembered as the “Yoda” of lending.

Fintech 143

Fintech Strategy Leadership Lending 143

Fintech Labs Insights

AUGUST 4, 2016

Small business lending marketplace Lendio released its second quarter financial results this week. The Utah-based company reached a milestone, having matched 10,000 small businesses with $250 million in loans since its 2011 launch. In 2015 the Utah-based company facilitated over $128 million in financing to more than 5,100 businesses.

North Carolina 12

North Carolina Utah New Jersey Colorado 12

Fintech Labs Insights

JULY 12, 2016

Financing solutions for retailers & manufacturers. HQ: Salt Lake City, Utah. Alt-lending. Tags: Consumer, lending, peer-to-peer, P2P, credit, underwriting, investing. Source: Crunchbase. Latest round: $13 million Series B. Total raised: Unknown. HQ: Austin, Texas. Source: Crunchbase. Lease-to-own financing platform.

New York City 12

New York City Company Fintech San Francisco 12

Fintech Labs Insights

APRIL 30, 2015

HQ: Provo, Utah. Tags: Peer-to-peer, P2P, lending, investing. Source: Crunchbase. MX (formerly MoneyDesktop). Digital banking platform for financial institutions. Latest round: $30 million Series A. Total raised: $61.7 Electronic gift card platform. HQ: Palo Alto, California. Latest round: $16 million Series B. Total raised: $29.2

Las Vegas 12

Las Vegas Company North Carolina Fintech 12

Gonzobanker

DECEMBER 19, 2016

Best Free Market Research a Retail Banker Will Ever Get. The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. A “Making a Difference” Nod – Goes to S andy Dubois, executive secretary at People’s Utah Bancorp in American Fork, Utah, for her work in establishing “Project Teddy Bear.”

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Best Free Market Research a Retail Banker Will Ever Get. The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign. A “Making a Difference” Nod – Goes to S andy Dubois, executive secretary at People’s Utah Bancorp in American Fork, Utah, for her work in establishing “Project Teddy Bear.”

Utah 60

Utah System Community Marketing 60