Bank Innovation

SEPTEMBER 21, 2017

Financial services company SWIFT announced today that it has mitigated four additional capital depositories onto its Target2 Securities, or T2S, network. The four CSDs, which will start live operations on SWIFT T2S, marks the last four to move to the network since the migration plan first begun in June 2015.

Capital 225

Capital Security Operations Company 225

Abrigo

APRIL 14, 2017

A credit risk manager at one bank with $900 million in total assets estimated that her team received approximately 8,220 tax returns in the 2015 calendar year. Last week, Barlow Research, the foremost authority on commercial banking, announced that Sageworks won top honors in its 2017 Monarch Innovation Awards. Enter Sageworks.

Innovation 150

Innovation Taxes Analysis Lending 150

PYMNTS

JUNE 20, 2017

unit is offering an update on the progress made by PayPal Working Capital. The company revealed Monday (June 19) that it has facilitated more than $500 million (£400 million) in working capital to U.K. We saw an opportunity for us to help and set about making PayPal Working Capital a reality.”. PayPal U.K.

Capital 108

Capital Innovation Course Tools 108

Bank Innovation

DECEMBER 10, 2019

The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies. Centana Growth Partners, a New York and Palo Alto, Calif.-based based growth equity firm, closed its second fintech valued at $375 million this week.

Fintech 293

Fintech New York Technology Company 293

PYMNTS

JUNE 1, 2018

Between 2015 and 2017, the amount of lending to small businesses by the five leading online lending providers increased 50 percent, according to a new report from NDP Analytics, a Washington, D.C.-based billion in 2015. But digital channels will help more small business gain capital, according to the statement. communities.”.

Lending 103

Lending Online Community Washington 103

PYMNTS

JULY 4, 2016

Over the past eight weeks PYMNTS has cast a weekly global spotlight on one of the many tech hubs fostering innovation and tech advancements across the world. We began the Weekly Tech Center Roundup journey in London – Europe’s self-proclaimed startup capital. In 2015, U.K. s Technology ‘Hotbed’ Picks Up Steam.

Innovation 104

Innovation Fintech National Capital 104

Bank Innovation

MARCH 7, 2019

which will also serve as its entry into the country, Bank Innovation has learned. Founded in 2015, OakNorth is a digital-based SME […]. Fresh off a $400 million funding led by SoftBank, fintech lender OakNorth is close to establishing its first bank partnership in the U.S.,

Fintech 186

Fintech Innovation Operations Capital 186

PYMNTS

APRIL 19, 2016

Capital One, Wells Fargo, Fifth Third, PNC and TD, along with Safeguard Scientifics, each contributed equally to the $30 million investment round, announced on Sunday (April 17), bringing Transactis’ total funding up to $70 million. are electronic. PNC Executive Vice President for Treasury Management James G.

Capital 100

Capital Payments Software Management 100

Bank Innovation

SEPTEMBER 21, 2018

Among initial investors are Capital One Growth Ventures and BB&T. The fintech last raised funds in a Series B round in 2015. Data analytics company Enigma celebrated a $95 million dollar Series C raise earlier this week. The […].

Fintech 170

Fintech Analytics Capital Data 170

PYMNTS

AUGUST 22, 2017

Venture capital may be drying up for some alternative lenders, but small business lending platform Capital Float is continuing its funding spree with an additional $45 million. 21) led by Ribbit Capital, based in Silicon Valley. Earlier this year, Capital Float announced a much smaller funding round to the tune of $2.3

Capital 101

Capital Lending Course Industry 101

BankBazaar

JULY 31, 2023

And as they say, the rest is history! $60 Million Jackpot: Funding Frenzy in 2015 Fast forward to 2015, and BankBazaar struck gold with a whopping $60 million in Series C funding. With this innovation, customers could complete the Know Your Customer (KYC) process online, swiftly and effortlessly.

Innovation 148

Innovation Cards Branding Tools 148

PYMNTS

JANUARY 19, 2018

Automakers that want in on ridesharing, self-driving cars or innovative car financing options aren’t always developing their own technologies or starting their own ventures. As such, automakers are hitting the venture capital highway in droves. What’s next for automaker-backed venture capital firms? Ridesharing. What’s New.

Capital 109

Capital Las Vegas San Jose California 109

PYMNTS

JANUARY 25, 2019

million raised for its solution, which KiWi said will be used to focus on growth in Mexico, where it has been operating since 2015. Finch Capital recently invested an undisclosed sum into Indonesia’s Jojonomic, a company that provides expense management and business management technology. The company recently announced $3.2

Fintech 192

Fintech Capital Management Cards 192

Gonzobanker

DECEMBER 12, 2024

New Doors Opening In a recent Banking Weekly Newsletter , Second Curve Capitals Tom Brown highlighted Tim Spenc e , the 45-year-old CEO of Fifth Third Bank, as an example of modern banking leadership. As Tom noted, Tim worked at two tech startups (one successful, one resilient), became a bank consultant, and joined Fifth Third in 2015.

Leadership 126

Leadership Industry Strategy Examples 126

Bank Innovation

SEPTEMBER 27, 2016

Fintech is on pace to best venture capital 2015 fundraising by 36% this year as startups focus on transparency and ease-of-use to disrupt the incumbents. billion into the sector, Bruce Taragin, managing partner, Blumberg Capital, said at a recent gathering at Columbia Law School in Read More. Last year, VCs poured $11.9

Fintech 150

Fintech Capital Management 150

PYMNTS

OCTOBER 7, 2016

6) a new round of equity financing led by new investors, including Pritzker family business interests advised by The Pritzker Organization and DNS Capital. The capital raise, which follows the close of a minority equity financing round led by Goldman Sachs in Oct. The round also included existing investors.

Capital 155

Capital Innovation America Mobile 155

PYMNTS

JUNE 24, 2016

In this week’s edition of PYMNTS’ Weekly Tech Center Roundup , we head back to Europe to explore Germany’s “startup capital” and learn about the thriving ecosystem where a new startup is born every 20 minutes. . In 2015, Deutsche Startup Monitor found that a third of startups in Germany reside in Berlin.

Capital 113

Capital Conference Innovation Fintech 113

PYMNTS

JULY 21, 2020

billion) in venture capital and the market has been estimated to have grown by nearly 70 percent since 2015. The UK government said FinTech’s success is key to ensure the country rebounds from COVID-19 and to remain at the center of financial innovation. The sector has an estimated worth of 7 billion pounds ($8.9

Fintech 174

Fintech Ohio Financial Technology Innovation 174

Chris Skinner

FEBRUARY 8, 2017

Innovate Finance, which represents 300 UK fintech companies, says venture capital investment fell from $1.2bn (£970m) in 2015, to $783m last year. “Our members tell us Brexit has had a chilling effect on investment,” Innovate Finance chief executive Lawrence Wintermeyer told the BBC.

Fintech 150

Fintech Capital Innovation US 150

PYMNTS

JANUARY 4, 2017

in Canada , they are breathing new life into the startup market and have drawn in a new crop of venture capital funds in Canada that are looking for young FinTech companies. Citing data from PitchBook, Reuters reported venture capital financing of Canadian FinTechs was $137.7 million in 2016. In 2000, it was $7.3 and the U.K.

Fintech 159

Fintech Capital Report Financial Technology 159

PYMNTS

NOVEMBER 24, 2020

InsurTech group Hippo Enterprises has announced a capital investment of $350 million from Mitsui Sumitomo Insurance Company , a press release says. homeowners population in the next year, as well as providing additional capital for its insurance and reinsurance companies,” the release says.

Risk Management 174

Risk Management Capital Online Groups 174

Bank Innovation

FEBRUARY 24, 2016

InsurTech moved into the limelight on 8th December 2015 when it was announced that Sequoia Capital had done a $13m seed investment into a stealthy venture called Lemonade. Call it the Sequoia effect. Could this be another WhatsApp story (with a $19 billion exit only 3.5 years after Sequoia invested in Read More.

Capital 150

Capital 150

Bank Innovation

SEPTEMBER 30, 2016

We held our breath for nearly 9 months after the $13m Sequoia Capital Seed round for Lemonade was announced at the end of 2015. Image source The Daily Fintech founders are at SIBOS in Geneva; reporting every day, snippets of insights on the Fintech Genome. Stay tuned on all SIBOS Insights conversations. Release Read More.

Fintech 150

Fintech Community Capital Report 150

Bank Innovation

JULY 7, 2016

This year to date has seen $161 million invested so far, while 2015 saw a total of Read More. As the summer heats up, blockchain hype may (finally) be cooling down. 2016 will likely see less investment in bitcoin and blockchain technology, but that is true for many other areas, as well.

blockchain 210

blockchain Bitcoin Technology Operations 210

PYMNTS

MAY 9, 2017

It is no longer quite a mom-and-pop operation anymore — in 2015 Cha sold a controlling interest in the company to Richmond-based Boxwood Capital Partners. So how did the company manage to innovate something as simple as frozen yogurt? Over the past decade, it might just have been the most innovative dessert.

Innovation 100

Innovation social media Community New York 100

PYMNTS

MARCH 1, 2016

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. Innovate Finance released The 2015 FinTech Investment Landscape this month, a report that offers a snapshot at how investors are placing their money among financial innovators.

Fintech 100

Fintech Lending Capital Innovation 100

PYMNTS

MARCH 27, 2019

Mobvoi was previously valued at $300 million in a financing round that Google led in 2015. This will enable the capital markets to support the development of China’s core technologies and innovative capabilities,” the regulator said in a statement posted on its website. curbs on Chinese tech companies and developments.

Google 152

Google Big Data Innovation Apple 152

PYMNTS

JANUARY 27, 2021

million shares of its common stock, and private equity backer Parthenon Capital Partners is selling 5.59 Founder and CEO Anthony Hsieh said in a letter with the filing that the company, founded 11 years ago, has been “committed to providing honest products with great value, and committed to delivering them in an innovative, delightful way.”.

Marketing 182

Marketing Capital Branding Company 182

Bank Innovation

APRIL 13, 2018

The bank, which was officially launched in 2015, currently has a German banking license, allowing it to operate in other […]. Berlin-based challenger bank N26 will be opening its services to users in the United States and the United Kingdom by the end of this year, founder and chief executive officer Valentin Stalf told Reuters today.

United States 210

United States Operations Capital Online 210

PYMNTS

JANUARY 17, 2019

Goldman Sachs Private Capital provided the credit facility that will be used to promote Capify ‘s growth across Australia and the U.K., ” In another statement, Goldman Sachs Private Capital Executive Director Pankaj Soni described Capify as “one of the leading small business finance providers in the U.K.

Capital 108

Capital Innovation Fintech US 108

PYMNTS

AUGUST 10, 2016

In fact, the venture and entrepreneurial ecosystem grew by 20 percent from 2014 to 2015 alone. In general, venture capitalists are boosting their investments in Latin America, with funding reaching $594 million in 2015, a stark increase from $387 million in 2012, the Latin America Venture Capital Association confirmed.

Innovation 100

Innovation Apple social media America 100

PYMNTS

APRIL 5, 2020

Founded in 2015 by Jie Zhao, WiMi Hologram Cloud specializes in augmented reality for the advertising industry. The COVID-19 pandemic has wreaked havoc on the stock market, causing 20 firms to postpone IPOs, according to Renaissance Capital. It debuted on Friday (April 3) with an opening price of $18 per share and closed at $23.20.

San Diego 146

San Diego California Capital Marketing 146

PYMNTS

NOVEMBER 11, 2016

Innovation and ease of business aren’t necessarily the first concepts that come to mind when thinking about the tech environment in the Russian market. The 2015 Global Startup Ecosystem Ranking listed Moscow as the 13th best city in the world to launch a startup. Changing The Approach To Innovation. With the U.K.’s

blockchain 165

blockchain Innovation Marketing Technology 165

PYMNTS

JUNE 18, 2019

The capital is going to be utilized by continuing the work of TokenOS , which is one of the leading open banking platforms in the world. The company wants to continue to innovate payments solutions using ID and digital money technology. Older investors like EQT Ventures and Octopus Ventures also took part in the investment.

Leadership 161

Leadership Customer Experience Innovation Capital 161

PYMNTS

AUGUST 14, 2017

In 2015, the tech media was gaga over Snap and its ability to corral the so-called most valuable eyeballs in media: the millennial. It’s an inspiring story — and one that gets many an innovator out of bed to fight the good startup fight, even in the face of insurmountable odds. What a difference two years makes.

Innovation 109

Innovation Online Google Millennials 109

PYMNTS

DECEMBER 4, 2020

In 2015, the company mulled going public again but instead was acquired by CVC Capital Partners and Canadian Pension Plan Investment Board for $4.6 Founded in 1965, Petco was last publicly traded in 2006. Americans spent $95.6 billion last year on their pets.

Retail 166

Retail Online Capital Innovation 166

PYMNTS

SEPTEMBER 21, 2017

20), the European Commission released an official proposal in preparation for Brexit that aims to consolidate regulatory control over the EU’s financial industry, taking some power from each member state’s capitals and adding it to the European Commission. But according to Innovate Finance, regulation plays a key role in this trend as well.

Fintech 130

Fintech Regulation Innovation Trends 130