Bank Innovation

FEBRUARY 19, 2019

The year 2018 was a great year for fintech funding across the globe. In fact, a new report by CB Insights showed there were about 2,745 investors in 2018, representing a five-year high. […]. This is true not only because the total funding was high, but also because there were more investors in fintech than in years before.

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Fintech Report Capital Innovation 199

PYMNTS

APRIL 1, 2019

To serve a wide range of consumers in the digital age, innovators are rolling out subscription offerings ranging from news content to gaming. Some providers are capitalizing on the concept by launching new services that offer access to premium content such as newspapers and magazines in exchange for a monthly fee.

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Innovation Capital Los Angeles Video 130

Bank Innovation

JANUARY 11, 2019

Fewer but larger venture capital deals in 2018 translated into some big payoffs for fintechs. Fintech-related funding jumped 38% to nearly $11 billion in 2018, according to the 4Q18 MoneyTree Report from PwC and CB Insights. Deal activity in the space rose to 627 transactions, up from 571 in 2017.

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Fintech Capital Report Company 186

Bank Innovation

DECEMBER 26, 2018

Here are five deals, in no particular order, that Bank Innovation's editors think will most significantly impact the landscape in 2019. This year the financial services industry saw a lot of fintech M&A activity. iZettle is […].

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Fintech Innovation Industry Payments 218

Bank Innovation

DECEMBER 24, 2018

What follows is a list of four alliances that the Bank Innovation staff found most interesting. While some banks and fintech view each other as competitors, that’s not always the case. In fact, there have been a number of significant bank-fintech partnerships this year.

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Fintech Innovation Groups Capital 199

Bank Innovation

FEBRUARY 7, 2019

JPMorgan Chase had the highest "buzz ranking" among banks in 2018, according to YouGov's Brand Index, an annual poll measuring which brands are considered the best by consumers. Participants were asked, “If you’ve heard anything about the brand in the last two weeks, through advertising news or word of mouth, was it positive or negative?”

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Branding Capital Online Cards 199

PYMNTS

OCTOBER 16, 2020

billion in venture capital investments between January and September 2020, according to a press release from London & Partners emailed to PYMNTS. Global investments are below the levels of pre-pandemic days, but London FinTechs have surpassed their 2018 venture capital totals of $2.3 billion in investments.

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San Francisco Fintech New York City Data 265

PYMNTS

FEBRUARY 24, 2020

The one thing we all have to learn: it is not about the innovations themselves. We get very excited about our innovative capabilities, and we are extremely proud of all of our IP and patents in this area. Those innovations have illumination that there is value here beyond a great light,” said Karner.

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Innovation US Data Examples 221

Bank Innovation

JANUARY 19, 2018

EXCLUSIVE – Since its launch in 2010, Citi Ventures has focused on investments that are strategic to its parent, the global financial services provider Citigroup. But when your parent company is a bank that spans the world, you can get involved with a lot of things. The portfolio of Citi Ventures, which comprises 35 companies, […].

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Company Capital blockchain cryptocurrency 284

Bank Innovation

MARCH 29, 2018

In fact, all four panelists on “Where and How to Invest in Fintech Now,” at Bank Innovation 2018 in San Francisco, unanimously dismissed investing in ICOs. Like many others, venture capitalists are skeptical about investing in Initial Coin Offerings (ICOs). ICOs are rapidly falling in popularity.

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San Francisco Video Innovation Fintech 225

PYMNTS

JANUARY 12, 2021

German food delivery platform Delivery Hero is launching its own early-stage venture capital (VC) firm — DX Ventures — that will be managed independently to focus on advancing founder-led startups. The company replaced payments firm Wirecard, which in 2018 took Commerzbank’s spot on the index. 12) press release.

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Capital America Strategy Management 151

PYMNTS

FEBRUARY 13, 2019

In other news, Chainalysis , a crypto transaction analysis startup, announced that it has raised $30 million in Series B funding, led by venture capital (VC) firm Accel. According to Innovate Finance ’s “ 2018 FinTech VC Investment Landscape ” report, “2018 was a record year in FinTech, with $36.6

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blockchain Fintech Bitcoin cryptocurrency 128

Let's Talk Payments

JUNE 7, 2019

A growing number of new players in any industry is a sign of an expanding market and opportunities for innovators. Increasing access to capital, consumer awareness, and acceptance to new ways of managing finances and other ecosystem drivers have been attractive for entrepreneurs in 2018 as well. FinTech is not an exception here.

Fintech 107

Fintech United States blockchain Financial Technology 107

PYMNTS

DECEMBER 8, 2020

"Our new financing will allow us to further distinguish our offerings and customer experience as an industry innovator," said Modal CEO and Founder Aaron Krane. American Honda has worked with Modal, formerly Drive Motors, since late 2018 to create branded online buying tools for Honda and Acura.

Oklahoma 253

Oklahoma Branding Tools Online 253

Accenture

AUGUST 20, 2019

Thereby providing value-added merchant servicing and delivering innovation lift to both transactions and businesses to ultimately benefit the end consumer. According to Worldpay’s 2018 Global Payment Report, mobile payments usage globally will grow to 28 percent in 2022 ¹. Market conditions are ripe for ISVs to move into payments.

Software 150

Software Capital Payments Analysis 150

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

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PYMNTS

MAY 10, 2018

Capital is the lifeblood of economies, and of the companies (and yes, of course, individuals) that collectively make things and provide services … and in the age of FinTech, the capital comes digitally and across innovative channels. Within the FinTech space, there may be a resurgence of sorts for one firm. ”

Capital 122

Capital Fintech Kansas United States 122

PYMNTS

FEBRUARY 26, 2020

Credit unions (CUs) are performing well as the new decade dawns, with a recent study finding that CUs increased their loan originations by 29 percent from Q4 2018 to Q4 2019. Though still strong, this industry growth has slowed in recent years, with another survey finding that total loans only increased by 6.6 percent in 2019, compared to 10.5

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Nevada Security Innovation Data 192

PYMNTS

MAY 27, 2020

In a 2018 funding round, Zoox was valued at $3.2 Meeting all three of these goals would require vast capital, and Zoox lacks the automotive partners that facilitate other startups like Cruise (GM) or Argo AI (Volkswagen and Ford). In 2019, it participated in a $530 million funding round for autonomous technology firm Aurora Innovation.

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Las Vegas San Francisco Technology Innovation 245

Bank Innovation

APRIL 13, 2018

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. The bank, which was officially launched in 2015, currently has a German banking license, allowing it to operate in other […].

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United States Operations Capital Online 210

Bank Innovation

JANUARY 3, 2019

Acquisitions, partnerships and the roll-out of various new products and services made 2018 a very active year in banking and fintech. Here are Bank Innovation's 5 companies to watch this year, selected by editors' choice, in no particular order: PayPal This payments […].

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Company Fintech Innovation Payments 186

Bank Innovation

MARCH 16, 2018

The company, which just won the Bank Innovation 2018 DEMOvation challenge, has partnered with financial technologies provider Oracle, a move that will allow its technology to.Read More.

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System Financial Technology Technology Innovation 186

PYMNTS

AUGUST 12, 2020

AscendantFX Capital , which works in technology-based payment innovations, has joined the SWIFT Network for the benefits it offers, including better transparency and faster payments, the company announced in a Wednesday (Aug. The number was almost double the $40 trillion moved in cross-border payments in 2018.

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Innovation Capital Payments Data 193

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. Necessity is the mother of invention. Invention can become necessity. Any number of musings have graced any number of websites these past few days about what it all meant and means.

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Lending Innovation Fintech Cards 148

PYMNTS

JULY 22, 2019

India’s PayMate announced it has raised a new round of growth capital to accelerate expansion within India and internationally to Central and Eastern Europe, the Middle East and Africa (CEMEA). . Investors in this Series D round include Visa, Recruit Strategic Partners, Brand Capital, and others, the Economic Times reports. .

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Capital Branding Regional Payments 184

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. In other words, automakers are just starting to rev their investment engines. Ridesharing.

Capital 109

Capital Las Vegas San Jose California 109

Bank Innovation

MARCH 6, 2019

Two real estate tech players, Compass and OpenDoor, each rather quietly raised $400 million from SoftBank in 2018, a year that included announcements like Credit Karma’s $500 million investment from Silver Lake and Plaid's $250 million raise that made it a unicorn.

Capital 282

Capital Lending Retail 282

PYMNTS

JULY 10, 2020

Our mission is to transform financial services through innovation, reputation and speed,” the company said in its prospectus. percent of total revenues) in fiscal 2018, representing a 64.7 The company recorded net losses in fiscal 2018, 2019 and 2020 of $18.6 Sales are expected to start during the week of July 13. million (70.4

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North Carolina Software Compliance Security 197

PYMNTS

SEPTEMBER 8, 2020

Innovative partnerships like this one can support the agility and resilience of supply chains, accelerating access to finance and improving efficiency,” Michael Froman , vice chairman and president of strategic growth for Mastercard, said in the announcement. trillion funding gap in 2018, long before to the pandemic. 8) announcement.

Capital 199

Capital Groups Innovation Technology 199

PYMNTS

JANUARY 12, 2021

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. In terms of payment innovation, the company notes that real-time payments (RTP) account for over 6 percent of its volume. 12) announcement. The company says that over $18.5

Payments 182

Payments United States Software California 182

PYMNTS

MARCH 29, 2019

banks’ technology budgets and explores which institutions are spending the most on innovation, using transcripts from conference calls, internal bank data released by the institutions and data from FactSet to reach its conclusions. Reports in Business Insider on Thursday (March 28) said UBS has published a report that breaks down U.S.

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US America Technology Conference 181

PYMNTS

SEPTEMBER 16, 2019

is the first London IPO by a Kazakh company since uranium producer Kazatomprom listed in November 2018. The markets are pretty good, capital markets are good enough, and we have fantastic growth,” Lomtadze said. Kazakhstan itself is an extremely underpenetrated market, a growing market, innovating with new services.

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Fintech New York Innovation Marketing 156

PYMNTS

MARCH 2, 2020

Lloyd’s Head of Innovation Trevor Maynard said per the report that the British insurance company is the “natural home for insurance innovation because of the unique ability of syndicates to collaborate to insure new things.”. The group has been blamed for stealing over $500 million in digital currency as long ago as 2018.

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Bitcoin Policies Groups California 177

PYMNTS

FEBRUARY 7, 2019

Aurora, a self-driving car technology company, has raised upwards of $530 million in a series B financing round led by Sequoia Capital, with a large investment from Amazon and T. We are always looking to invest in innovative, customer-obsessed companies, and Aurora is just that,” Amazon said.

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San Francisco Capital Software Technology 170

PYMNTS

NOVEMBER 17, 2020

The method will grow tenfold in the next five years, the release stated, citing a Lightyear Capital analysis, as businesses look for ways to access simple, transparent business solutions. SMB owners need simpler, transparent access to capital. Embedded finance solves this on both sides.".

Tools 167

Tools Capital Analysis Financial Technology 167

PYMNTS

AUGUST 9, 2018

8) that Naspers invested $500 million of new capital into the company. The number of monthly listers on its marketplace has grown 65 percent since the beginning of 2018, letgo said. “We We are fueling unprecedented growth in the secondhand economy through meaningful innovation.

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Capital Groups Innovation Company 101

PYMNTS

NOVEMBER 27, 2019

Restaurants that are driving food innovation with carefully chosen ingredients focused on health are seeking funding to help power their growth. True Food Kitchen , in one case, has created its menu around recipes that Dr. Andrew Weil inspired with anti-inflammatory ingredients and is mulling raising new private capital, Bloomberg reported.

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Retail Innovation Las Vegas United States 101