Chris Skinner

OCTOBER 17, 2016

Things we’re reading today include … Pound fall a ‘shock absorber’, says BoE’s Ben Broadbent Visa CEO Charles Scharf to resign, ex-AmEx president to take over Deutsche Bank’s options to solve capital dilemma seen to be limited RT: NatWest to close Russian channel’s UK bank accounts Bank of America enjoys best (..)

America 150

America Capital 150

Bank Innovation

NOVEMBER 25, 2019

Roady, who has been on MoneyLion’s board of directors since 2016, was previously a founding partner at GAIN Capital and president of its global retail brokerage business. Personal finance, banking and investment platform MoneyLion has named Samantha Roady chief operating officer as it makes moves to expand its customer base.

Innovation 293

Innovation Capital Retail Operations 293

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

Bank Innovation

JANUARY 14, 2020

Shopify, which has been offering loans through the Shopify Capital program to merchants on its platform since 2016, is rolling out starter loans to support businesses at their earliest stages of development, explained […]. businesses.

Capital 273

Capital Operations Marketing Lending 273

Bank Innovation

MARCH 8, 2017

Fintech venture capitals cooled on lending startups in 2016, and turned their attention to two new budding areas — insurtech and regtech, which even made it into the budget speech of UK chancellor George Osborne last year.

Fintech 236

Fintech Trends Capital Lending 236

Bank Innovation

NOVEMBER 4, 2016

Square reported its third quarter 2016 earnings this week, and it’s not a particular surprise that the company exceeded all expectations: for the third consecutive quarter Square surpassed its expected metrics with a GPV of $13.2 billion, up 39% year over year. As was the case last quarter, CEO Jack Dorsey attributed Read More.

Company 150

Company Capital Report Cards 150

BankUnderground

JUNE 8, 2022

There is a lively debate about whether and how capital regulations for banks and insurers should be adjusted in response to climate change. Incorporating climate-related risks into the capital regime will require a reliable methodology to measure these risks. Marco Bardoscia, Benjamin Guin and Misa Tanaka.

Capital 130

Capital Policies Tools Regulation 130

Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

Innovation 150

Innovation Seattle Fintech Company 150

Abrigo

JULY 19, 2016

The 2016 Risk Management Summit features experts from the American Bankers Association, CliftonLarsonAllen, Crowe Horwath, Grant Thornton, KPMG, and Promontory Financial Group, among others. What does ASU 2016-13 say about modelling? What are examples of potential approaches, and what are their respective strengths and weakenesses?

Risk Management 150

Risk Management Management Analysis New York 150

PYMNTS

NOVEMBER 24, 2020

The combined company, to be led by Metromile CEO Dan Preston , will have a pro forma market capitalization of approximately $1.3 Investors Social Capital, Hudson Structured Capital Management, Miller Value, Clearbridge and Mark Cuban have committed to investing $160 million through a private placement of INSU II Class A common shares.

Arizona 264

Arizona Pennsylvania Capital Washington 264

PYMNTS

NOVEMBER 12, 2020

banking-as-a-service (BaaS) Startup Railsbank closed a $37 million funding deal co-led by MiddleGame Ventures and Ventura Capital. Also participating in the round were Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. “We and European strategies.”.

US 220

US Capital Leadership Customer Experience 220

PYMNTS

AUGUST 21, 2020

Defendants have unreasonably and unlawfully attempted to capitalize on Citibank’s unfortunate error,” the complaint said. million from HPS Investment Partners LLC, the New York based capital solutions company, and $109.7 On Tuesday (Aug. 18), the financial services giant filed suit to recoup $127.3 On Monday (Aug.

New York 263

New York San Francisco Capital Analysis 263

PYMNTS

NOVEMBER 20, 2020

Chromo Capital co-led the deal. Also participating were Perry Capital, founded by Richard C. Perry, and new fund Bramalea Partners, launched by Andrew Boyd, former head of global equity capital markets at Fidelity Investments.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

JANUARY 7, 2021

Digitally native mattress and home goods brand platform Resident landed a $130 million investment headed up by Nexus Capital Management and Ion Crossover Partners with participation from Baron Capital Group in Q4 of 2020, according to a Thursday (Jan. 7) announcement.

Capital 217

Capital Strategy Branding Operations 217

Abrigo

OCTOBER 2, 2014

Following the recent financial crisis, the Basel Committee of Banking Supervision (BCBS) set out to “strengthen global capital and liquidity rules with the goal of promoting a more resilient banking sector.” The three pillars include maintaining minimum capital requirements, a supervisory review process and market discipline.

How To 236

How To Capital Community Bank Maine 236

Chris Skinner

JULY 21, 2017

Really easy to work with, the company is the chosen system for many other innovative companies including Kickstarter and Apple Pay, and valued at almost $10 billion by the end of 2016. Not bad for a six-year-old start-up. They all share many of the same attributes, in terms of being young, aspirational, visionary and capable.

Fintech 361

Fintech System Technology Apple 361

PYMNTS

SEPTEMBER 21, 2020

The retailer is following in the footsteps of Amazon , which first took aim at the fashion industry in 2016. According to PYMNTS’ exclusive Whole Paycheck tracker , in 2016, Amazon brought in $20.5 Walmart sold Shoes.com to CriticalPoint Capital, a Los Angeles merger and acquisition advisory and investment bank. billion in 2019.

Branding 263

Branding Los Angeles Retail Online 263

PYMNTS

JUNE 22, 2020

Cedar, a provider of technology focused on fostering smooth financial interactions between healthcare providers and patients, announced $102 million in new venture capital funding and a new business relationship with a provider network on Monday (June 22). In addition to $77 million in venture capital from the Menlo Park, Calif.-based

South Carolina 228

South Carolina North Carolina New York City New York 228

Bank Innovation

FEBRUARY 23, 2016

When we think of cool, James Dean doesn’t immediately come to mind. The app Songsterr does. We are proud fintech nerds, and for five years we have marked the Coolest Brands in Banking on Bank Innovation based not on the type of sunglasses worn by a CEO, but on the Read More.

Branding 150

Branding Innovation Fintech social media 150

PYMNTS

FEBRUARY 16, 2017

Singapore is changing its rules on venture capital in an effort to support economic growth, reports said this week. Singapore’s central bank will no longer require venture capital managers to appoint directors that have at least five years of fund management experience as they have been.

Regulation 183

Regulation Capital Fintech Innovation 183

Bank Innovation

NOVEMBER 15, 2016

Every year, Bank Innovation chooses the bank and fintech videos that made us laugh, the ones that made us cry, the ones that made us want to go out and buy baby animals, and of course, the ones that made us go out and better manage our finances (well, we tried.) Read More.

Video 150

Video Course US Innovation 150

Bank Innovation

AUGUST 15, 2018

National Australia Bank set up its own alternative lending arm called QuickBiz Loans back in 2016. Large banks, e-commerce moguls like Amazon and eBay and tech firms are likely to enter the alternative lending space, and soon, according to Eden Amirav, co-founder, and CEO of startup LendingExpress. Over the […].

Lending 282

Lending National Marketing social media 282

PYMNTS

JUNE 24, 2020

Zopa received those funds from a group linked to IAG Capital Partners, a U.S.-based million) from new and existing investors in two funding rounds since applying for the banking license in 2016, and it added several former banking executives to create a board. Capital One was one of the earlier disrupters,” Janardana said.

Security 215

Security Capital Cards Report 215

PYMNTS

FEBRUARY 17, 2020

In 2016, for example, Paytm Founder Vijay Shekhar Sharma had to “explicitly reassure users” that the company was still Indian, even though China’s Alibaba became its biggest investor. It’s a very well-capitalized economy.” . Indian startups can also be stigmatized for taking funds from Chinese venture capitalists.

Capital 229

Capital Data Examples Marketing 229

American Banker

MARCH 26, 2024

The National Community Reinvestment Coalition, which has negotiated 21 such deals since 2016, opposes Capital One's proposed acquisition of Discover. The credit card giant says that it is "proactively meeting" with advocacy organizations to gather feedback that would help with the creation of a community benefits plan.

Community 80

Community Capital Meeting National 80

Bank Innovation

FEBRUARY 20, 2017

China may have taken the top spot in 2016 fintech funding, but it wasn’t the one doing most of the investing. While China claimed nearly $8 billion of the total $17.4 billion invested across the world, according to a report by U.K-based based Innovate Finance, the top fintech investor for the year Read More.

Fintech 223

Fintech Innovation Report Capital 223

Bank Innovation

JANUARY 26, 2018

launched its Marcus digital bank in late 2016, the conventional wisdom was the investment bank wanted to expand into retail banking. EXCLUSIVE— When Goldman Sachs & Co. But, apparently, that’s not the whole story. Marcus, it seems, is an asset pricing play, Goldman’s CEO implied yesterday.

Retail 262

Retail Video Digital Banking Bitcoin 262

Bank Innovation

APRIL 28, 2016

Bank Innovation INV, this blog’s fintech accelerator, is pleased to today to announce the six extraordinary startups that have been admitted to its inaugural class.

Innovation 150

Innovation Security Fintech Company 150

PYMNTS

APRIL 28, 2017

venture capital sphere this week: VC funding for FinTech startups in Q1 alone hit $1.2 Analysts said the industry has seen its highest venture capital activity since Q1 of 2016, fueled by focus on late-stage investment rounds. This week’s B2B venture capital roundup is quite indicative of these trends.

Fintech 192

Fintech San Francisco Capital Software 192

Chris Skinner

APRIL 18, 2016

SINGAPORE-BASED LIFE.SREDA LAUNCHES $100 MILLION BLOCKCHAIN INVESTMENT FUND LONDON, APRIL 18 2016 Life.SREDA, a venture capital fund based in Singapore, has partnered with financial expert and fintech specialist …

blockchain 150

blockchain Capital Fintech 150

Bank Innovation

MARCH 8, 2018

Investors in the new round for the fintech, which was one of the first to gain a full banking license after its launch in 2016, include payments processor Visa.Read More. Berlin-based solarisBank has raised about $70 million (€56.6

Fintech 246

Fintech Payments Capital Online 246

PYMNTS

JULY 10, 2019

African payments startup OPay has raised $50 million in funding after investors such as Sequoia China, IDG Capital and Source Code Capital joined in the latest round, according to a report. With this funding round, OPay has new backing from Chinese investors like Source Code Capital and Sequoia China.

Mobile 176

Mobile Payments Capital Report 176

Chris Skinner

SEPTEMBER 13, 2016

A bank pools savings and then allocates that capital. In 2016 a … The post What is a bank? I was at a conference the other day when the presenter showed this quote from the Wall Street Journal: The question is so simple it seems silly: What is a bank? Of course you know the answer. Simple, right? But that’s just the start.

Conference 150

Conference Course Capital Digital Banking 150

PYMNTS

AUGUST 14, 2020

13) they had been fully repaid on a loan issued in 2016, the sources said. Revlon has been fighting with Brigade Capital Management LP, HPS Investment Partners LLC and Symphony Asset Management, the lenders holding the loan. Lenders who sued Revlon were surprised to learn Thursday (Aug. Citi and Revlon declined to comment.

Exercises 271

Exercises New York Branding Strategy 271

Bank Innovation

NOVEMBER 24, 2017

billion raised using the unconventional method this year compared to just the $228 million raised by ICOs in 2016. ICO funding has quadrupled in 2017, with $2.8 and Asia are the leading places for ICOs, according to the Initial Coin Offering Funding Report, which was released last week by data analytics company Funderbeam […].

Analytics 230

Analytics Data Report Company 230

PYMNTS

APRIL 29, 2020

Huaxing New Economic Fund, a subsidiary of Huaxing Capital, led the Series C+ round. Huilianyi, which is a software-as-a-service (SaaS)-based system for travel reimbursement, began in 2016. Zhonglin Capital, SoftBank China, and Blue Lake Capital also reportedly partook in the round.

Payments 161

Payments United States Capital System 161

PYMNTS

JUNE 1, 2020

billion in venture capital funding in May, BostInno reported. BostInno reported that fundraising for new investments by venture capital and private equity firms was less but still evident. Below are the startups that raised capital in May, according to data compiled by BostInno. Boston’s biotech industry raised more than $1.5

Boston 151

Boston Capital Video Innovation 151