PYMNTS

FEBRUARY 21, 2020

Upon releasing its latest earnings, LendingClub , known up until now for its personal loans delivered through its online platform, said it had struck a deal to buy Radius Bancorp. The $185 cash and stock deal would bring an online bank with $1.4 Home sales were up 34 percent in the month, the best showing since 2012.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

JULY 31, 2020

The company’s primary investors include venture capital firms Founders Fund and Lightspeed Venture Partners as well as mutual-fund giant Fidelity Investments, WSJ reported. Founded in 2012, Affirm’s business lies in offering shoppers the ability to pay for goods in installments via short-term loans.

Report 177

Report Company Capital Branding 177

PYMNTS

DECEMBER 7, 2018

When Coinbase was founded in 2012, it was fairly selective about adding new currencies, but eventually changed that strategy. Since last year, the online exchange platform exclusively featured bitcoin, Ethereum, Bitcoin Cash and Litecoin.

cryptocurrency 172

cryptocurrency Bitcoin Security Strategy 172

PYMNTS

FEBRUARY 20, 2020

We’re focused on capital efficiency,” he noted. “We Since it was founded in 2012, the company has grown to a team of 140 employees across the U.S. and Europe, with revenues growing from $1 million in 2012 to $84 million in 2016. Using capital efficiency, we can do much more effective things when we’re focused on the customer.

UX 210

UX Retail Technology Mobile 210

PYMNTS

FEBRUARY 23, 2017

Founded in Singapore in 2012, the company’s solutions are used today by major digital retailers such as Rakuten and ASOS to simplify product searching for some 250 million daily active users. million Series B venture funding round led by Rakuten Ventures with participation from SPH Media Fund, Enspire Capital and WI Harper Group.

United States 136

United States Millennials Retail Capital 136

PYMNTS

NOVEMBER 28, 2018

The combination is more of an integration, however, because the TripAdvisor order online button will link the customer to the DoorDash site to complete orders. Our integration with DoorDash will make it even easier for diners to order food online and get it delivered right to them, wherever they are,” he said.

Capital 117

Capital America Online Report 117

PYMNTS

MAY 5, 2017

Don’t let the seemingly low value of $42 million raised this week by B2B venture capital firms fool you: VC activity in the space was strong, hitting key verticals like cross-border payments and SaaS. Find out who’s planning ahead in our breakdown of B2B venture capital from the week below. SME Lending. Honorable Mentions. YL Ventures.

Fintech 137

Fintech Big Data Capital Data 137

PYMNTS

MARCH 2, 2020

Other online marketplaces include Sky.Garden, Kilimall, MallforAfrica, My Big Order, Masoko, Ubuy, Shopit, Cheki, MamaMikes and Electro Hub. Jumia , which was founded by two Frenchmen in 2012, operates in 11 African countries, from Morocco to Nigeria and Kenya, and has been referred to as Africa’s version of Amazon.

Maine 157

Maine New York Capital Resources 157

Bank Innovation

JUNE 14, 2016

P2P payments were realtime within Chase since 2012, but now they are realtime among Read More. Bank, Bank of America, and as of yesterday, JPMorgan Chase. Bank and Bank of America joined the realtime network in March.

America 150

America Payments US Capital 150

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

FEBRUARY 22, 2018

customers feel that online-only banks are “less legitimate” than those with branches. From mid-2012 to mid-2017, Capital One Financial Corp. Sharp believes that more customers might open primary accounts online if banks could show that they can address problems remotely. cut 32 percent of its branches, SunTrust Banks Inc.

Mobile 109

Mobile America Boston Survey 109

PYMNTS

AUGUST 14, 2017

There seems to be an awful lot of piling on these days on the big online platforms. billion into Snap since it started in 2012, and its IPO in March of 2017 raised $3.4 When Amazon was just about selling books online, its competition was the physical bookstore. Investors put $2.65 billion more. Then there’s Amazon.

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

JUNE 18, 2018

According to The Wall Street Journal , the employees were early backers of companies including Uber , online storage vault Dropbox , and payments company Square. And when music streaming startup Spotify Technology went public in April, Goldman Sachs held a stake worth more than $350 million — a sevenfold return on a 2012 investment.

Video 100

Video Online Examples Capital 100

PYMNTS

FEBRUARY 13, 2020

Although Google had the ability to make it difficult for rivals to access the Google-generated data they need from online advertising and web analytics services, there was no strong evidence they would have the incentive to do this,” the CMA found. “As Looker was founded in Santa Cruz, California in 2012. In 2018, it was valued at $1.6

Google 130

Google Data Analytics California 130

PYMNTS

SEPTEMBER 14, 2016

Payments startup Sourcery announced new venture capital to propel its focus in the food and hospitality industries, reports said on Tuesday (Sept. The funding will also be used to develop an accounts receivable solution for vendors receiving payment via the Sourcery platform.

San Francisco 100

San Francisco Payments Capital Industry 100

PYMNTS

JANUARY 2, 2019

The lack of oversight resulted in huge growth, with loans kicking off in 2012 at next to nothing and growing to 1.22 The company, which has the backing of SoftBank China Venture Capital, also said some of its senior executives have been prevented from leaving the country. trillion yuan by the end of 2017, reported Bloomberg.

Lending 153

Lending Marketing Regulation Groups 153

PYMNTS

OCTOBER 22, 2020

Lendify reportedly locked in $115 million in funding from Insight Investment, which had supported the online lender with a 1.5 The Hong Kong sale is being managed by Citigroup, China International Capital Corp., Plus, Ant Group has received approval from top security regulators for its Shanghai offering. Morgan Stanley and J.P.

Security 134

Security Groups Payments Regulation 134

PYMNTS

AUGUST 18, 2017

This week, the company announced its last part of its $120 million venture capital (VC) funding round. Founded in 2012, the AI startup specializes in data analytics for enterprises looking to quickly find data, similar to an online search engine.

Analytics 102

Analytics Data Capital Analysis 102

PYMNTS

JUNE 21, 2019

Standard Chartered Private Equity was the main investor, and Affirma Capital also participated in the round. The amount of the raise wasn’t disclosed, but Dianrong was reportedly trying to raise $100 million so that it had enough to satisfy China’s capital requirement — $74.5 The most it raised in one round was $290 milion.

Lending 100

Lending Capital Maine Groups 100

PYMNTS

NOVEMBER 9, 2018

Founded by Amanda Zuckerman and her mom Karen in 2012, Dormify offers college students and post-grads tools, resources and products to create their first home away from home. Dormify will use the investment to scale talent, expand pop-up locations and enhance the online experience. Dormify announced a $3.45

New York 135

New York Leadership Millennials Branding 135

PYMNTS

NOVEMBER 27, 2018

So, access to capital isn’t just essential for these companies to survive — it’s critical for the economy to thrive. On the upside, researchers found small businesses’ demand for loans is at its highest level since 2012. Yet, the small business lending gap remains. For banks, the reason often comes down to profits.

Lending 159

Lending Fintech Capital Report 159

PYMNTS

JUNE 10, 2016

Find out where the rest of the $19 million in venture capital landed this week and which two U.S. Kikka Capital. ESF Capital revealed on Thursday (June 9) that it inked a $6.6 online lender, Satago. Reports said Satago became one of the first startups to secure capital through equity crowdfunding in 2012.

US 100

US Capital Lending Security 100

PYMNTS

JANUARY 18, 2018

The FinTech startup iKaaz, which was founded in 2012, has a cloud-based platform for online merchants, point-of-sale hardware for retailers and a mobile wallet for customers who want to make digital payments. Specific terms of the acquisition were not disclosed.

Payments 102

Payments Leadership Mobile Capital 102

PYMNTS

JANUARY 3, 2017

The slowdown also became more pronounced as the year went on; Q4 saw only 69 adtech deals, the lowest it has been since 2012. And that dominance is hard to argue against — according to Mary Meeker’s Internet Trends report, 75 per cent of all new online ad spending comes care of one of those two firms. billion in last year.

Google 123

Google New York Trends Capital 123

PYMNTS

JUNE 13, 2019

The Singapore-based payments startup opted to raise more capital to grow independently as a company instead. The company reportedly assists firms like Zara, Central Online Shopping and Thai Airways take various payment types online from clients in Southeast Asia.

Report 100

Report Online Lending Financial Technology 100

PYMNTS

MARCH 7, 2016

As the recent exit of German online food delivery behemoth Delivery Hero’s exit from China last week proves, you can have a strong business model, deep pockets and a well-defined mission, and still go home empty handed. What about capital flowing into the region, from investors? In China, at least, a hero ain’t nothing but a sandwich.

Capital 100

Capital Regional Online Branding 100

PYMNTS

MAY 7, 2020

A” malls were successful before the crisis, and will eventually build on that success and the capital of their owners, like Simon Properties, to recover. In fact, pre-crisis, Simon had invested $1 billion per year since 2012 on recasting its top malls as destinations, building office space and hotels into the mix as anchor tenants.

Retail 175

Retail Georgia Atlanta Examples 175

PYMNTS

AUGUST 21, 2017

That’s where Reid Hoffman hatched the idea for LinkedIn in 2003 after inviting hundreds of his friends to create online profiles to get his idea for a professional online networking site off the ground. million from Benchmark Capital and changed its name to eBay. E-Bay acquired online ticket exchange, StubHub, in 2007.

Online 128

Online Retail San Francisco Mobile 128

PYMNTS

JANUARY 2, 2019

The road has been long and winding for Australia’s march toward real-time payments, tracing its genesis back to 2012. Businesses are looking for better ways to manage their cash flow and working capital.” Key Drivers in Place.

Payments 197

Payments Fraud System Cards 197

PYMNTS

DECEMBER 17, 2018

Careem has operated in 120 cities and 15 Middle East countries since its 2012 launch. Careem has been after food delivery since February, when it acquired an online restaurant listing platform. Careem is in the process of completing an almost $500 million funding round, and the company raised $200 million in October.

Regional 129

Regional US Operations Company 129

Accenture

SEPTEMBER 22, 2019

As our research shows, their net promoter score averages 62 compared to just 19 for traditional banks—a differential reflected both by their rapid customer adoption and also their ability to attract venture capital funding. Why are they doing so well? Trust is central to any bank’s relationship with its customers. What the future holds.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

JUNE 10, 2019

The sale comes as Saks faces the same pressures that have bedeviled peers like Macy’s , and where Hudson’s Bay has seen pressures as consumers have shifted their shopping from brick-and-mortar locations to online sites. The numbers show Hudson’s Bay sales were down more than 1 percent in the latest fiscal period to 9.3

New York 108

New York Retail Groups Capital 108

PYMNTS

FEBRUARY 11, 2020

And, he added, with the emergence of the government as a major shareholder of these large financial firms (via capital infusion and bailout packages), a dampening effect was felt on innovation.

Fintech 152

Fintech Innovation Digital Banking Course 152

PYMNTS

FEBRUARY 24, 2020

Karner noted that Signify has been into IoT and connected products since its early days: 2012, two years before Amazon Alexa’s release. How do you, say, take a shopping journey that began online, and pull it to a physical store by using lighting cues that direct the consumer where you want them to go?

Innovation 221

Innovation US Data Examples 221

CB Insights

SEPTEMBER 22, 2017

Every year since 2012, Southeast Asian startups have pulled in more and more money. Southeast Asia is now home to four unicorns: two Singaporean companies, ride-hailing app Grab and online gaming company Sea , and two Indonesian companies, travel bookings site Traveloka and ride-hailing app GO-JEK. SOUTHEAST ASIA FINANCING TRENDS.

Regional 76

Regional Trends Capital social media 76

PYMNTS

OCTOBER 2, 2018

Since its founding in 2012, the firm has specifically distinguished itself in a crowded field of tech-based underwriters, with its focus on the consumer group it calls the “underbanked middle class.”. Avant’s consumer-facing product is devised as a digital alternative to that market.

Lending 134

Lending Alabama Online System 134

PYMNTS

MAY 29, 2018

Whenever it happens, it’s safe to say that a $150 billion valuation would make Ant’s IPO one of the biggest ever, putting it ahead of Facebook ’s $104 billion IPO in 2012 and behind Alibaba’s $168 billion IPO in 2014. Venture capital was provided by Sequoia Capital , a firm which normally invests in early-stage startups.

Capital 101

Capital Security Lending National 101