article thumbnail

For faster loan origination, stop doing this

Abrigo

Millennials and Gen Zer business owners were more likely than their older counterparts to borrow at the time of the borrowing need or within days of it. Download this infographic to see how construction loan management compares using a spreadsheet-based systems and a software solution.

Lending 221
article thumbnail

Digital Disruption

Independent Banker

Consider the 80 million millennials who would rather manage their finances with a smartphone app than visit a bank branch. Although they have bank accounts, they often prefer to use prepaid cards and mobile options to manage their finances. Kelly Pike is a freelance writer in Virginia.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Don't Bank. SoFi

Jeff For Banks

After its most recent capital raise in September, SoFi, a marketplace lender that focuses on millennials, has raised nearly $1.5 billion in asset Union Bank & Trust in Virginia had $1.1 How good is their system compared to FICO, or other FinTechs that feel they are more evolved in credit risk management? We don't know.

article thumbnail

Pokémon GO: Game-Changing Game Or High-Tech Pet Rock?

PYMNTS

From almost out of nowhere, the Niantic’s AR adaptation of an early ’90s cartoon has become a favorite among now adult millennials. Basically, borrowing from a trick employed by New Hampshire police earlier, Virginia police invited eight men with warrants out on them to come down to the station and catch Ditto, a rare Pokémon.

Virginia 100
article thumbnail

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

Fintech Labs Insights

Alt-lender targeting millennials . HQ: Reston, Virginia. HQ: Charlottesville, Virginia. Lien rights management. Digital rights management platform on the blockchain. Tags: SMB, B2B, data, analytics, financial management, accounting, suppliers, cost management, accounts payable, Xero (integration).

Company 12
article thumbnail

Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. Financial supply chain management. Derivative risk management. Millennial saving & investing app. Tags: Consumer, insurance, policy management, mobile. Total raised: $69 million.

Company 12