Community Banking Brief

5 reasons construction loan software is vital for financial institutions

Abrigo

OCTOBER 18, 2022

Top benefits of construction loan software for bankers and clients Why many banks and credit unions are turning to fintech for construction loan automation. To stay on top of their portfolios, many banks are turning to fintech for help. This cuts down on the back-and-forth emails, double-checking spreadsheets, and games of phone tag.

Software

Software Lending System Management

B2B FinTech Could Earn Index Ventures $2 Billion This Year

PYMNTS

JUNE 12, 2018

billion from its early investments in B2B FinTech, according to Forbes reports Monday (June 11). Forbes reports highlighted the geography of the FinTechs — all based in Europe — as exemplary of the market’s industry strength. Venture capitalist (VC) firm Index Ventures is on its way to earn $1.6 Its float could fetch $1 billion.

Fintech

Fintech Analytics Industry Lending

LendingClub and Morgan Stanley, A Tale of Two Bank Deals

PYMNTS

FEBRUARY 24, 2020

The stories come with significantly different price tags: $185 million and $13 billion. Radius Bank is not in the lending market, but has $1.4 Call it a tale of two bank deals. The key here is that buying Radius Bank brings together two disparate companies with a presence in different markets.

Digital Banking

Digital Banking Course Online Management

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The Dollars And Cents Of SME Finance

PYMNTS

AUGUST 22, 2016

The message is clear: Automated, digital FinTech solutions can help businesses and financial service providers save money. The latest research puts a price tag on the finances of better procurement, banking, cash management and innovation among small and medium-sized businesses. 139 billion could be saved by U.K.

blockchain

blockchain Lending Survey National

Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

MAY 19, 2016

Fintech deals by size from 23 April to 29 April 2016: Mosaic. Marketplace small business lending platform. Tags: Consumer, youth, debit card, mobile, spending, controls, mobile. ——-. Marketplace lender for residential solor projects. Latest round: $200 million Private Equity. Total raised: $224.9 Total raised: $154.3

San Francisco

San Francisco Company Fintech California

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

Fintech Labs Insights

MARCH 28, 2016

For the 12th consecutive week, there were 20+ fintech fundings worldwide. The number of deals was inflated somewhat by the six new fintech companies launched at YC’s demo day that we had not previously covered. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. Total dollars raised, $6.3

Company

Company Fintech San Francisco New York City

Fintech Fundings: 12 Companies Raised $150 Million Week Ending Nov 29

Fintech Labs Insights

NOVEMBER 30, 2015

In total, 12 fintech companies raised $152 million, though 5 of the deals did not release the amount raised. So far this year, venture funding in the fintech sector have totaled $17.8 Mortgage lending platform. Alt-lending platform. Lending portal. Tags: Consumer, home buying, discovery, mortgage.

Company

Company Fintech San Francisco Lending

Fintech Fundings: 23 Companies Raise $685 Million Week Ending Dec 18

Fintech Labs Insights

DECEMBER 28, 2015

But if there’s one in the fintech sector, the dozens of investors in these 23 companies didn’t get the memo. In the last full non-holiday week of the year, $685 million poured into fintech companies worldwide. FinTech Group. Tags: Enterprise, SMB, insurance, healthcare, payments. Person-to-person lender .

Company

Company Fintech North Carolina California

Fintech Fundings: 17 Companies Raise $4.8 Billion Week Ending April 22

Fintech Labs Insights

MAY 2, 2016

billion funding at Alipay’s Ant Financial , we just set the one-week record for fintech venture funding with $4.79 Here are the fintech deals by size from 16 April to 22 April 2016: Ant Financial. P2P lending platform. Tags: SMB, landlords, commercial real estate, merchants, payments, Y Combinator (investor).

San Francisco

San Francisco New York City Company Fintech

Fintech to facilitate inclusive financial system in China, say experts

Urs Bolt

OCTOBER 17, 2018

Fintech to facilitate inclusive financial system establishment in China, say experts. Leveraged by tremendous customer data, Chinese Fintech companies have an edge over their Western counterparts in innovation applications.”. However, Fintech companies are influencing banks to become more tech-oriented.” Blockchain.

System

System Fintech blockchain Innovation

Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

JULY 12, 2016

With 38 deals reported – one shy of the weekly record – fintech companies raised $303 million worldwide the first week of June. Fintech deals by size from May 28 to 3 June, 2016: Partners Life. Tags: Consumer, payments, youth market, parental controls, debit card, prepaid, mobile. Online insurance. Latest round: $134.5

New York City

New York City Company Fintech San Francisco

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. Here are the fintech deals by size from 12 March to 18 March 2016: Future Finance. Alt-lender focused on lending against existing automobile titles. P2P real estate lending marketplace. Peer-to-peer lending marketplace. SmartAsset raised $3.8 Connecture.

Company

Company New York City Fintech Colorado

Fintech Fundings: 19 Companies Raise $1.3 Billion Week Ending Oct 1

Fintech Labs Insights

OCTOBER 1, 2015

Fintech circles were abuzz this week as four massive fundings pushing several companies higher up the billion-dollar valuation ladder (yep, I can avoid the U-word if I really try). student loans, the worldwide fintech total surpassed one billion ($1.254 billion to be precise) thanks to Paytm ($675 million), Avant ($325 million) and 17 others.

San Francisco

San Francisco Company Fintech New York City

Fintech Fundings: 26 Companies Raise $270 Million Second Week of August

Fintech Labs Insights

SEPTEMBER 19, 2016

The fintech sector attracted $266 million in new capital the second week of August. 5 million to CUneXus to expand its consumer lending platform. . $5 5 million to CUneXus to expand its consumer lending platform. Fintech deals by size from 6 Aug to 12 August 2016: Interactions. Total dollars raised YTD is $19.9

San Francisco

San Francisco New York City Fintech Company

Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

JUNE 16, 2016

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. Fintech deals by size from May 14 to 20, 2016: Clover Health. Total fundings in second quarter hit $8.4 million) and Jetty ($4 million).

San Francisco

San Francisco Company South Carolina New York City

Fintech Fundings: 12 Companies Raise $205 million Week Ending June 18

Fintech Labs Insights

JUNE 18, 2015

Finovate alum, Azimo landed the biggest round outside the lending sector, $20 million at a $100 million valuation. All told, 12 fintech companies raised $205 million ($105 million equity, $100 million debt) this week. P2P mortgage lending. Tags: Risk management, security, regulation, compliance. Year-to-date, $7.7

San Francisco

San Francisco Company Fintech Albuquerque

Fintech Fundings: 21 Companies Raise $460 Million Week Ending April 1

Fintech Labs Insights

APRIL 4, 2016

Here are the fintech deals by size from 26 March to 1 April 2016: Ceridian. Tags: SMB, payments, security, merchants, acquiring, FinDEVr alum. Stratumn grabbed $670,000 for its blockchain services. Human resources, payroll and health insurance platform. Latest round: $150 million Private Equity. Total raised: Unknown. Real Matters.

New York City

New York City Company Fintech California

Fintech Fundings: 30 Companies Raise $100 Million Week Ending Dec 11

Fintech Labs Insights

DECEMBER 14, 2015

Buoyed by 7 Startupbootcamp Insurance entrants each grabbing $17,000, a record 30 fintech companies raised money this week for a total of just under $100 million ($95.8 BankersLab received an undisclosed investment towards its commercial lending training & compliance tools. Real estate lending marketplace. million Series C.

San Francisco

San Francisco Company Fintech New York City

Fintech Fundings: 24 Companies Raise $560 Million Week Ending Sep 18

Fintech Labs Insights

SEPTEMBER 21, 2015

The money flow into fintech continued unabated this week with more than a half-billion ($557 million) raised by 24 companies. Year-to-date fintech firms have raised $13 billion. Tags: SMB, lending, underwriting, P2P, peer-to-peer, investing. It was the eighth week this year that the money flow surpassed the $500-million.

New York City

New York City San Francisco Company Fintech

Fintech Fundings: 29 Companies Raise $1.2 Billion Week Ending April 8

Fintech Labs Insights

APRIL 13, 2016

For the 14th week in a row, fintech deals worldwide surpassed the 20-mark. Here are the fintech deals by size from 2 April to 8 April 2016: Home Link (Lianjia). P2P lending platform. Tags: Consumer, B2B2C, payments, prepaid debit cards, Finovate alum. This week, 29 startups raised $275 million, or $1.20 Meili Jinrong.

New York City

New York City Company Fintech Minnesota

Fintech Fundings: 17 Companies Raised $580 Million Week Ending July 31

Fintech Labs Insights

JULY 31, 2015

Another monster week in fintech. Depending on how much Stripe received in its round (at a $5 billion valuation), something north of $600 million flowed to 17 fintech companies worldwide. To put that in perspective, during all of 2014 our alums raised just over $1 billion (excludes IPOs (Yodlee, OnDeck, and Lending Club).

San Francisco

San Francisco Fintech Company New York City

Fintech Fundings: 18 Companies Raise $210 Million Week Ending Sep 10

Fintech Labs Insights

SEPTEMBER 10, 2015

The total included mega-rounds of $30+ million to three lending plays: FundBox ($50 mil), CommonBond ($35 mil), Orchard Platform ($30 million) and one financial-institution-supported blockchain startup: Chain ($35 mil). The $208 million this week brings total 2015 YTD fintech fundings to $12.4 Powering marketplace lending.

San Francisco

San Francisco New York City Company Fintech

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

Fintech Labs Insights

AUGUST 20, 2015

Fintech funding records continue to fall. Alt-consumer lending. Tags: Billpay, payments, SMB, accounts payable, invoicing, Finovate alum. Last week was the record number of deals, with 27. This week it was the biggest total dollars raised at $1.63 billion, from 25 companies. The vast majority of the money ($1.54 billion ($1.1

San Francisco

San Francisco Company Fintech California

Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

JUNE 6, 2016

Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK). Tags: Consumer, investing, robo-advisor, ETF, wealth management, Source: Crunchbase. Notable raises included Finovate alum Tagit which brought in nearly $9 million to supercharge its mobile application development platform. ——-. Consumer alt-lender. billion Debt).

Company

Company Fintech San Francisco New York City

Fintech Fundings: $148 Million Raised by 14 Companies Week Ending July 10

Fintech Labs Insights

JULY 10, 2015

This week, a wide variety of fintech companies raised money from blockchain security ( BitFury ) to B2B payments ( Karmic Labs ). But once again the lending sector attracted the most cash, accounting for $94 million, or 64% of the $148 million total. Tags: Payments, person-to-person, international remittances, fx. LSQ Funding.

San Francisco

San Francisco Company Fintech New York City

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

Fintech Labs Insights

JANUARY 18, 2016

Year-to-date fintech companies have raised $450 million in new equity, 67% more than the $270 million raised in the first half of January 2015. Tags: Enterprise, investing, cyrpto-currency, blockchain. App Annie garnered $63 million for its mobile analytics and development tools. RealtyMogul took in another $18.4 Mambu attracted $8.7

Company

Company New York City Fintech San Francisco

Fintech Fundings: Companies Raise $ Million Week Ending Feb 26

Fintech Labs Insights

MARCH 1, 2016

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 Seven weeks into the new year, fintech companies have raised $4.7 Here are the fintech deals by size from 20 Feb to 26 Feb 2016: LoanZen. million Seed.

New York City

New York City Company Fintech San Francisco

Fintech Fundings: 18 Companies Raise $400 Million Week Ending July 3

Fintech Labs Insights

JULY 3, 2015

headed for the beach, investors in the rest of the world unleashed a tsunami of cash into the fintech sector. billion in new fintech investments (not including Ant). P2P lending. Tags: SMB, accounting, payables, receivables, billing, billpay, enterprise, IFC (investor). As folks in the U.S. HQ: Hangzhou, China.

Company

Company Fintech Los Angeles San Francisco

Fintech Fundings: 25 Companies Raise $810 Million Week Ending Nov 20

Fintech Labs Insights

NOVEMBER 23, 2015

Large swaths of cash flowed into the global fintech sector last week. Tags: Enterprise, SMB, B2B2C, consumer credit, lending, underwriting, employee benefits. All told, 25 companies brought in $809 million of which at least $330 million was debt (therefore equity investments totaled $479 million). HQ: San Francisco, California.

San Francisco

San Francisco Company Fintech New York City

Fintech Fundings: 24 Companies Raise $560 Million Week Ending Jan 8

Fintech Labs Insights

JANUARY 13, 2016

Lendful Financial. Tags: Consumer, payments, remittances. Total raised: $319.7 million ($44.7 million Equity, $275 million Debt). HQ: New York City. Source: Crunchbase. Dutch person-to-person SMB lender . Latest round: $100 million Debt. Total raised: Unknown. HQ: Netherlands. Total raised: $98.3 HQ: Sao Paulo, Brazil. Street Contxt.

Company

Company New York City Fintech Lending

Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

JANUARY 7, 2016

The year ends with a total of about $19 billion invested into private fintech companies (includes debt and equity). It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. Latest round: $46 million Series A. HQ: Bejing, China.

St. Louis

St. Louis social media Company Fintech

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

Fintech Labs Insights

JUNE 25, 2015

And there are few fintech success stories bigger than 2008 alum, Credit Karma , which scored $175 million this week at a reported $3.5 That makes the credit score provider the second most valuable alum (after Lending Club , currently trading at $6 billion). So far this year, fintech has attracted $7.9 billion valuation.

Puerto Rico

Puerto Rico St. Louis Fintech Company

Fintech Fundings: 17 Companies Raise $235 Million Week Ending Sep 25

Fintech Labs Insights

SEPTEMBER 25, 2015

Funding to the fintech sector maintained pace this week with another quarter-billion ($234.3 Auto lending marketplace lender. Tags: Consumer, wealth management, investing, asset management. million) added to the bank accounts of 17 startups worldwide. Total raised: $135 million. Source: P2P-Banking. CoverHound. ModernAdvisor.

San Francisco

San Francisco Company Fintech San Jose

Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

NOVEMBER 12, 2015

It was a quieter week in fintech fundings. Lending marketplace targeting Hispanic-owned small businesses. Tags: SMB, savings accounts, tax, Lincoln Savings Bank (partner). And we are not sure if the NCR inflow should even be considered “new money.” Latest round: $820 million Post-IPO equity. Total raised: Unknown.

New York City

New York City Company Fintech San Francisco

Fintech Fundings: 14 Companies Raise $160 Million Week Ending May 15

Fintech Labs Insights

MAY 15, 2015

Vouch landed $6 million to help put the “first P” back in P2P lending. In total, 14 companies raised $160 million (not counting the undisclosed amount Square raked in to fund more alt-lending to its SMB customers). Online lending ( Paidy ). Lending social network. Personal financial information. Credit Sesame.

San Francisco

San Francisco Company Fintech California

Fintech Fundings: 15 Companies Raise $51 Million Week Ending Dec 25

Fintech Labs Insights

DECEMBER 30, 2015

For just the fourth time this year, weekly fintech fundings fell below the $100-million mark with 15 companies raising a total of $51 million. With just one holiday-shortened week remaining in the year, the total invested in private fintech companies YTD now stands at $18.8 Tags: Forex trading, investing, fx. Latest round: $35.1

Company

Company New York City Fintech Kentucky

Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23

Fintech Labs Insights

JULY 23, 2015

While not a pure fintech play, we included it here because its primary customers are the big insurers, including the U.S. CircleBack Lending. Consumer lending P2P marketplace. Tags: Healthcare, insurance, brokers, sales, quotes. million for its mobile P2P payment service. government. Latest round: $50 million Series B.

Company

Company Connecticut Fintech Austin

Fintech Fundings: 15 Companies Raise $150 Million Week Ending August 31

Fintech Labs Insights

AUGUST 28, 2015

YTD, the fintech sector has raised $12 billion. Able Lending. Tags: Lead generation, insurance, automobile. August fundings ended up totaling $2.3 billion, almost a 6x increase over $410 million raised in August 2014. Here are the deals by size from August 24 through August 31: iZettle. Mobile point-of-sale solution.

Company

Company Fintech California San Francisco

Fintech Fundings: 11 Companies Raise $960 Million Week Ending May 7

Fintech Labs Insights

MAY 7, 2015

It’s another unicorn week in fintech, although “only” $750 million of the nearly $1 billion in new funding was equity. Affirm’s $275 million round was rumored to include about $200 million in debt to fund it’s alt-lending efforts. Alt-lending at the point-of-sale. Tags: Investing, savings.

San Francisco

San Francisco New York City Company Fintech

Fintech Fundings: 22 Companies Raise $590 Million Week Ending Oct 9

Fintech Labs Insights

OCTOBER 9, 2015

Almost 40% of the total ($223 million) went to Chinese real estate marketplace FangDD which is not universally classified as fintech. Tags: Consumer, international college students, loans, lending, P2P, peer-to-peer. Excluding FangDD, the weekly total was $362 million. That brings the total raised YTD to more than $15 billion.

New York City

New York City Company Fintech San Diego

Fintech Fundings: 14 Companies Raise $100 Million Week Ending Sep 4

Fintech Labs Insights

SEPTEMBER 4, 2015

It was a somewhat slower week in fundings with just under $100 million raised by 14 fintech companies. It comes as no surprise, that eight (17%) were fintech companies including four Finovate alums ( Betterment, Coinbase, Wealthfront, ZenPayroll ) and four others ( Avant, Collective Health, Raise, and Zuora ). Source: Crunchbase.

Company

Company Fintech South Carolina San Francisco

Fintech Fundings: 23 Companies Raise $530 Million Week Ending July 8

Fintech Labs Insights

AUGUST 5, 2016

Fintech deals by size from 2 July to 8 July, 2016: Qufenqi. Lending Works. P2P lending platform. Tags: Consumer, debt/loan payments, credit, personal financial managemet, PFM. Total dollars raised YTD is $17.9 billion, more than double the $8.5 billion more raised during the same period a year ago. ——-. Total raised: $6.5

San Francisco

San Francisco Company New York City Fintech

Fintech Fundings: 27 Companies Raise $420 Million Week Ending October 23

Fintech Labs Insights

OCTOBER 26, 2015

Lending to bootcamp students. Tags: Consumer, PFM. Total raised: $198 million. HQ: Dusseldorf, Germany. Source: Crunchbase. Collective Health. Health insurance platform for businesses. Latest round: $81 million Series C. Total raised: $119 million. HQ: San Mateo, California. Insurance for small businesses. Latest round: $31.5

Company

Company Fintech California North Carolina

Fintech Fundings: 18 Companies Raise $230 Million Week Ending June 11

Fintech Labs Insights

JUNE 11, 2015

Alt-lending platform to SMBs. Tags: Blockchain, investing, securities. Real estate platform. HQ: Singapore. Latest round: $129 million. Total raised: Unknown. Source: Crunchbase. HQ: Melbourne, Australia. Latest round:$30 million. Total raised: $30.9 Latest round: $21.7 million ($1.7 million Seed, $20 million Debt). Total raised: $22.1

Company

Company Fintech Utah San Francisco

5 reasons construction loan software is vital for financial institutions

B2B FinTech Could Earn Index Ventures $2 Billion This Year

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LendingClub and Morgan Stanley, A Tale of Two Bank Deals

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The Dollars And Cents Of SME Finance

Fintech Fundings: 114 Companies Raised $7.3 Billion in April

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

Fintech Fundings: 12 Companies Raised $150 Million Week Ending Nov 29

Fintech Fundings: 23 Companies Raise $685 Million Week Ending Dec 18

Fintech Fundings: 17 Companies Raise $4.8 Billion Week Ending April 22

Fintech to facilitate inclusive financial system in China, say experts

Fintech Fundings: 38 Companies Raised $300 Million First Week of June

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

Fintech Fundings: 19 Companies Raise $1.3 Billion Week Ending Oct 1

Fintech Fundings: 26 Companies Raise $270 Million Second Week of August

Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Fundings: 12 Companies Raise $205 million Week Ending June 18

Fintech Fundings: 21 Companies Raise $460 Million Week Ending April 1

Fintech Fundings: 30 Companies Raise $100 Million Week Ending Dec 11

Fintech Fundings: 24 Companies Raise $560 Million Week Ending Sep 18

Fintech Fundings: 29 Companies Raise $1.2 Billion Week Ending April 8

Fintech Fundings: 17 Companies Raised $580 Million Week Ending July 31

Fintech Fundings: 18 Companies Raise $210 Million Week Ending Sep 10

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

Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Fundings: $148 Million Raised by 14 Companies Week Ending July 10

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

Fintech Fundings: Companies Raise $ Million Week Ending Feb 26

Fintech Fundings: 18 Companies Raise $400 Million Week Ending July 3

Fintech Fundings: 25 Companies Raise $810 Million Week Ending Nov 20

Fintech Fundings: 24 Companies Raise $560 Million Week Ending Jan 8

Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

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

Fintech Fundings: 17 Companies Raise $235 Million Week Ending Sep 25

Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Fundings: 14 Companies Raise $160 Million Week Ending May 15

Fintech Fundings: 15 Companies Raise $51 Million Week Ending Dec 25

Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23

Fintech Fundings: 15 Companies Raise $150 Million Week Ending August 31

Fintech Fundings: 11 Companies Raise $960 Million Week Ending May 7

Fintech Fundings: 22 Companies Raise $590 Million Week Ending Oct 9

Fintech Fundings: 14 Companies Raise $100 Million Week Ending Sep 4

Fintech Fundings: 23 Companies Raise $530 Million Week Ending July 8

Fintech Fundings: 27 Companies Raise $420 Million Week Ending October 23

Fintech Fundings: 18 Companies Raise $230 Million Week Ending June 11

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