PYMNTS

JULY 13, 2016

The Wall Street Journal reported on Tuesday (July 12) that the online lender, commonly known as SoFi, with $10 billion in student loans and mortgages across its books, may be forced to don more traditional financial services garb as the online lending sector is buffeted about by negative headlines and looming regulations.

Utah 100

Utah Lending Online Strategy 100

PYMNTS

APRIL 17, 2018

PayPal said when combined, the technology can help retailers synchronize online inventory with products in stores. Additionally, products, pricing, customer requests, orders, returns and coupons can all be managed in the store, thanks to Magento. Making life easier for retailers isn’t the only thing PayPal is focused on these days.

Delaware 101

Delaware Utah Georgia ATM 101

PYMNTS

JANUARY 25, 2021

Where travelers and RV owners used to connect online via Craigslist, Outdoorsy now offers a professionally managed, full-service global platform with over 200,000 vehicles in over 4,800 cities and 14 countries. There's no Airbnb in Arches [National Park in Utah],” he said, noting that the average 8-day Outdoorsy RV rental was about 3.5

Millennials 349

Millennials Utah Mobile National 349

PYMNTS

JUNE 13, 2017

Officially SoFi is looking for an industrial loan charter under the name SoFi Bank in Utah. And though its mailing address will be in Salt Lake city, SoFi will continue to operate as it has since its inception — as an online-only institution, with no branches or deposit-taking ATMs. SoFi has confirmed the news.

FDIC 100

FDIC Utah Millennials ATM 100

Jeff For Banks

APRIL 19, 2015

I teach Bank Profitability for the Washington, Utah, and Montana Bankers'' Associations EDP programs. Utah has many Industrial Loan Companies (ILC''s), which are FDIC supervised financial institutions that can be owned by commercial firms not regulated by a federal banking agency, like a utility company.

Industry 60

Industry Montana Utah Washington 60

PYMNTS

MAY 4, 2016

According to Wall Street Journal reports, the online lender is shedding 28 percent of its staff and rearranging its executive team. The biggest individual cut will be a Utah office dedicated to lending for medical procedures, but 14 percent of Prosper’s San Francisco- and Phoenix-based workforce is also on its way out the door.

San Francisco 100

San Francisco Phoenix Utah Lending 100

PYMNTS

JANUARY 7, 2019

But the system has not yet managed its long-touted national expansion — and the issue at hand seems to be data processing. The attackers managed to make off with user names and passwords. Indian regulation requires all payments data be processed in-nation — instead of on Facebook’s servers.

Data 139

Data Wyoming Idaho Utah 139

CFPB Monitor

APRIL 19, 2022

The complaint seeks a declaration that the CFL interest rate caps do not apply to Program Loans and an injunction prohibiting the DFPI from enforcing the CFL rate caps against OppFi based on its participation in the Program.

California 78

California Innovation Utah United States 78

Independent Banker

OCTOBER 31, 2022

From gaming and online advertisements to autonomous vehicles and smart homes, artificial intelligence (AI) is used in a wide variety of ways. billion-asset Sunwest Bank in Sandy, Utah. adding that business customers may have high expectations of speed set by online lenders who can put them in touch with loans in a matter of minutes.

Community Bank 91

Community Bank Community Customer Experience Data 91

PYMNTS

JUNE 28, 2019

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. Lulalend lends directly to SMBs that can apply online, with an automated approval process accelerating access to capital.

Capital 108

Capital Analytics San Francisco Lending 108

PYMNTS

JULY 14, 2020

Utah-based FuturePay has consistently appeared in PYMNTS’ top 5 alternative credit apps, with its offer of flexible monthly payments for consumers and up-front settlement for merchants. Klarna also launched its new “Klarna: Swedish for smooother shopping” campaign in June. stores for Google Pay and Apple Pay users.

Lending 130

Lending FDIC Minneapolis Utah 130

Fintech Labs Insights

DECEMBER 1, 2021

Check out our latest lists: SMB online lenders (33) | SMB challenger banks (12) | SMB insurers (15). Expensify is more known for expense management, but introduced a corporate charge card in Oct 2019. Related: Top 15 Online Digital Corporate Credit Cards for Small Businesses (August 2021). 1,230,000. 1,410,000. Founded: 2016.

Cards 15

Cards Online Utah Austin 15

Fintech Labs Insights

DECEMBER 1, 2021

Check out our latest lists: SMB online lenders (33) | SMB challenger banks (12) | SMB insurers (15). Expensify is more known for expense management, but introduced a corporate charge card in Oct 2019. Related: Top 15 Online Digital Corporate Credit Cards for Small Businesses (August 2021). 1,230,000. 1,410,000. Founded: 2016.

Cards 15

Cards Online Utah Austin 15

Fintech Labs Insights

JUNE 17, 2021

Expensify is more known for expense management, but introduced a corporate charge card in Oct 2019. FAB Score* . Funding ($M). Visits (5/21). Expensify **. 1,060,000. Divvy (Bill.com). Tribal Credit. Source: FintechLabs, Crunchbase, SEMrush, SimilarWeb; 16 June 2021. Twitter : 15,100 followers. TrustRadius : 8.8 (236 Founded: 2016.

Cards 15

Cards Utah Online Austin 15

Fintech Labs Insights

JUNE 17, 2021

Expensify is more known for expense management, but introduced a corporate charge card in Oct 2019. FAB Score* . Funding ($M). Visits (5/21). Expensify **. 1,060,000. Divvy (Bill.com). Tribal Credit. Source: FintechLabs, Crunchbase, SEMrush, SimilarWeb; 16 June 2021. Twitter : 15,100 followers. TrustRadius : 8.8 (236 Founded: 2016.

Cards 15

Cards Utah Online Austin 15

CFPB Monitor

OCTOBER 10, 2019

A group of small businesses and their individual owners have filed a putative class action lawsuit in a New York federal district court against online lender Kabbage, Inc. According to the complaint , Kabbage entered into the scheme with Celtic Bank, a foreign state-chartered bank in Utah, which has no maximum rate limit for commercial loans.

Massachusetts 84

Massachusetts California New York Utah 84

CB Insights

AUGUST 8, 2017

DroneBase provides on-demand drone services that allow customers to prompt local drone pilots to capture imagery, video, maps, and analysis for projects such as construction and infrastructure management. Headquarters: Murray, Utah. Headquarters: Provo, Utah. Flyability. Headquarters: Lausanne, Switzerland. Teal Drone.

Company 70

Company Nevada Utah Los Angeles 70

PYMNTS

DECEMBER 5, 2016

The experts estimate that the United States government spent millions trying to enforce it and deprived the states of billions in tax revenue — all without managing to make any significant change in American alcohol consumption. server products, including Primavera project portfolio management software.”.

Capital 100

Capital San Francisco Bitcoin United States 100

FICO

JUNE 14, 2021

Invitations to buy even the smallest items on an installment plan seem to be everywhere online, and in-store, too: called “buy now, pay later” or BNPL loans, these offers let consumers buy what they want, now, and pay for it over time in four equal payments. BNPL: Even the smallest purchases can now be broken into bite-size chunks. .

Fraud 52

Fraud Cards Millennials Utah 52

Fintech Labs Insights

JUNE 21, 2016

Money management solutions provider MX launched a new feature to bolster its suite of MoneyDesktop offerings, which include budgeting, account aggregation, transaction history, etc. The company partners with 650 financial institutions and 35 digital, online, and mobile banking providers.

San Francisco 18

San Francisco Utah Conference Data 18

Fintech Labs Insights

JULY 8, 2016

Legg Mason has acquired a majority stake in online investment advisor Financial Guard. Financial Guard will become a part of Legg Mason’s alternative distribution strategies business which specializes in helping the global asset manager’s investment affiliates leverage financial technology to serve customers better.

Utah 15

Utah New York Technology Financial Technology 15

Fintech Labs Insights

APRIL 30, 2015

The strategic implications of the investment in MX include the opportunity to bring its personal/digital finance management technology to the more than 10 million customers of USAA. MX was founded in 2010 by Ryan Caldwell (CEO), and partners with more than 500 FIs and 30 online banking, core, and payment network providers.

Utah 12

Utah Technology Capital Groups 12

Gonzobanker

DECEMBER 19, 2016

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Project Teddy Bear collects stuffed animals and gives them to at-risk children in Utah. THE STINKIN’ FEDS AWARDS.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Project Teddy Bear collects stuffed animals and gives them to at-risk children in Utah. THE STINKIN’ FEDS AWARDS.

Utah 60

Utah System Community Marketing 60

Fintech Labs Insights

APRIL 30, 2015

HQ: Provo, Utah. Online auto insurance comparison site. Online & mobile payment solutions in Southeast Asia. Online real estate investment platform. Household bill management solution. Tags: Home management, bills, billpay, expense sharing, payments, mobile. Source: Crunchbase. Total raised: $61.7

Las Vegas 12

Las Vegas Company North Carolina Fintech 12

CB Insights

OCTOBER 26, 2020

In the world of asset management, the biggest players are now dedicated firms like Vanguard. Total assets under management (AUM) at the top asset managers now dwarfs total AUM at the top banks. The disruption of asset management. Task management platform Asana went public via DPO in September 2020.

Management 78

Management Capital Company Marketing 78

Fintech Labs Insights

JANUARY 26, 2016

According to Ryan Caldwell, MX Founder and CEO, landing MacDonald is a big win for the Utah-based company: “Don brings the rare combination of a seasoned and proven marketing leader with the passion and drive of a true innovator. Additionally, MacDonald worked at Intel for more than 20 years, 4 of which he served as the company’s CMO.

San Francisco 12

San Francisco Utah User Experience New York 12

Fintech Labs Insights

JUNE 25, 2015

Payments risk & compliance management. Tax & accounting practice management. HQ: Salt Lake City, Utah. Payments gateway for online marketplaces. Online investment manager. Tags: Investing, wealth management, stocks, trading, equities. HQ: Palo Alto, California. Latest round: $12 million.

Puerto Rico 12

Puerto Rico St. Louis Fintech Company 12

Fintech Labs Insights

JUNE 16, 2016

Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. Digital wealth manager. Consumer credit card management. Document management for accounting and financial firms. HQ: Lehi, Utah. Source: Crunchbase.

San Francisco 12

San Francisco Company South Carolina New York City 12

Fintech Labs Insights

AUGUST 11, 2016

The jury of six featured Michael Ludden, Product Manager, Developer Relations, IBM Watson; John Musser, Founder and CEO of API Science; Neha Sampat, CEO of Built.io; Michael Stowe, Developer Relations Manager for MuleSoft; Steven Willmott, CEO of 3scale; and Rob Zazueta, Director of Digital Strategy, TIBCO Software.

San Francisco 12

San Francisco Utah Case Study New York 12

Fintech Labs Insights

FEBRUARY 2, 2021

Divvy : Two Utah companies became unicorns this month. The first, Divvy, is a corporate credit card and expense management firm in the same category with Brex, Expensify, and others. MX : The second Utah unicorn of January, MX needs no introduction if you’ve ever attended or followed Finovate. years to grow from zero to $1.3B

United States 15

United States Fintech Utah Lending 15

Fintech Labs Insights

APRIL 4, 2016

Consumer online investment platform. Real estate transaction management technology. HQ: Salt Lake City, Utah. Tags: Consumer, investing, trading, robo-advisor, porfolio management. Source: Crunchbase. Betterment. Latest round: $100 million Series E ($700 million valuation). Total raised: $205 million. HQ: New York City.

New York City 12

New York City Company Fintech California 12

William Mills

SEPTEMBER 12, 2017

Transforming consumer risk management with patented analytics, proprietary data and real-time insight into consumer behavior. YUKKA Lab‘s software reads and understands financial news within seconds and provides asset managers and financial advisors with an information advantage at a considerable smaller expenditure of time.

Samsung 69

Samsung Mobile User Experience Google 69

Fintech Labs Insights

JANUARY 18, 2016

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. Online marketplace for real estate investing. Derivative risk management. Online consumer lending. HQ: Provo, Utah. Source: Crunchbase.

Company 12

Company New York City Fintech San Francisco 12

Fintech Labs Insights

JULY 18, 2023

Founded in late 2016 by Blake Murray and Alex Bean, the Lehi, Utah-based startup went from founding to a $2.3 The exit occurred in mid-2021 when Bill.com was looking to expand its offerings in the corporate card and expense management space. Virtual cards that can be used for online purchases or one-time payments.

Management 15

Management Cards Software Utah 15

Fintech Labs Insights

JULY 12, 2016

Online insurance. HQ: Salt Lake City, Utah. Personal financial management. Tags: Consumer, advisors, investing, trading, ETFs, wealth management. Total dollars raised YTD is now $16 billion, nearly double the $8.4 billion raised during the same period a year ago. ——-. Latest round: $134.5 Total raised: $134.5 million ($5.92

New York City 12

New York City Company Fintech San Francisco 12

Fintech Labs Insights

JANUARY 9, 2023

Founded in late 2016 by Blake Murray and Alex Bean, the Lehi, Utah-based startup went from founding to a $2.5 The exit occurred in late 2021 when Bill.com came knocking at just the right time as Bill was looking to expand its offerings in the corporate card and expense management space. billion exit in just 4.5 Features & Benefits.

Management 15

Management Cards Software Utah 15