2001 Capital Digital Banking 
PYMNTS
NOVEMBER 22, 2019
Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. Venture Capital Funding. raised $10 million from SEB Bank and Seed Capital for its commercial card technology. Bancorp in 2001 in a $2.1
PYMNTS
FEBRUARY 25, 2019
Those who called the company’s “call center” — which was essentially a storage closet with two desks and two phones at the time, Streit noted — were adults with jobs who either didn’t want to have a bank account or had issues that prevented them from getting one. What’s Next.
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Fintech Labs Insights
MAY 12, 2021
Unfortunately, we didn’t track when the first business loan application went online, but it was likely a few years later, let’s call it 2000/2001. But as you can see from the chart below, the digital SMB lenders started in earnest during and right after the 2007/2008 financial crash. CAN Capital. Lighter Capital.
Fintech Labs Insights
FEBRUARY 4, 2022
About Fintech Labs : Launched as a financial services UX consultancy in 2001, Fintech Labs serves small business owners with its guide to digital financial services and fintech. Related: Top 17 Online Digital Corporate Credit Cards for Small Businesses (Feb 2022). Top 33 Digital Lenders to U.S. small businesses.
Fintech Labs Insights
JULY 30, 2024
Unfortunately, we didn’t track when the first business loan application went online, but it was likely a few years later, let’s call it 2000/2001. But as you can see from the chart below, the digital SMB lenders began in earnest during and immediately after the 2007/2008 financial crash. So, the capability has existed for 20+ years.
Fintech Labs Insights
APRIL 16, 2020
Dot-com crash (2000-2001). And it took the rest of the decade for the capital to gravitate to all the good ideas. No one born after 2005 will ever picture a physical branch when they think of a “bank”. Digital Banks for Small Businesses. year run from high to low; for comparison the S&P dropped 48%).
Fintech Labs Insights
MAY 12, 2021
Unfortunately, we didn’t track when the first business loan application went online, but it was likely a few years later, let’s call it 2000/2001. But as you can see from the chart below, the digital SMB lenders started in earnest during and right after the 2007/2008 financial crash. CAN Capital. Lighter Capital.
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