South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Community Bank 195

Community Bank Capital Marketing Lending 195

Jeff For Banks

DECEMBER 10, 2023

Total return includes two components: capital appreciation and dividends. As both an MDI and CDFI, it applied for and received $80 million from the Emergency Capital Investment Program (ECIP) distributed by the U.S. Well done and best of luck leveraging the ECIP capital for good! #2. The Bancorp, Inc.

Fresno 98

Fresno North Carolina Raleigh FDIC 98

Bank Innovation

APRIL 5, 2016

Atlanta-based small business lender Kabbage is snapping up bank deals in Europe. Yesterday, the company announced it had reached an agreement with Santander UK to serve the bank’s SME customers. This follows a similar deal with ING in Spain last October.

Atlanta 150

Atlanta Company Lending Capital 150

PYMNTS

JULY 6, 2020

The small- to medium-sized business (SMB) lending industry is in a unique position during the pandemic. Interest in the space has been revitalized due to the harsh financial blows the pandemic has dealt, providing opportunities for SMBs to gain capital and for lenders to facilitate. Of the 32 million SMBs in the U.S.,

Georgia 147

Georgia Atlanta Tools Lending 147

Abrigo

APRIL 28, 2016

This year’s National Small Business Week , themed “SBA: Dream Big, Start Small,” will include special events in Atlanta, New York, Denver, Phoenix, San Jose, Oakland and Washington, D.C. Capital: SBA fills gaps in the commercial lending marketplace so success in the small business sector is based on merit, not family wealth.

National 150

National San Jose Los Angeles United States 150

Fintech Labs Insights

JULY 30, 2024

83,000 17 17 Credibly 28 2010 Detroit 82 97,000 18 19 IOU Financial 23 2011 Atlanta 132 40,000 19 18 Upright (was Fund that Flip) 15 2014 NYC 53 42,000 20t 21 BizFI 13 2005 NYC 160 0 20t 22 SMBX 13 2016 SF 15 30,000 22 23 HoneyComb Credit 12 2017 Pittsburgh 11.9 CAN Capital FAB Score = 127 (down 1) – HQ: Atlanta – Founded: 1998 – Raised: $1.0B

Atlanta 29

Atlanta Utah Miami San Francisco 29

Abrigo

JANUARY 22, 2015

The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia. While the approval rates are high and portfolios are expanding, the OCC did point out that lending standards continued to soften.

Community Bank 150

Community Bank Community Regional Cleveland 150

William Mills

AUGUST 15, 2018

AUSTIN and ATLANTA, August 15, 2018 – Validis , a pioneer of data sharing and standardization technology used by three of the big four accounting firms and 80 percent of the Tier 1 banks in the U.K., Validis is changing how financial institutions lend to businesses. Validis is changing how financial institutions lend to businesses.

Technology 42

Technology Data Atlanta Austin 42

Fintech Labs Insights

MAY 12, 2021

CAN Capital. Lighter Capital. Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. HQ: Atlanta. CAN Capital. HQ: Atlanta. Lighter Capital. Kabbage (AmEx). 1,050,000. SmartBiz Loans. 1,350,000. 1,200,000. Biz2Credit. Camino Financial. Fund that Flip. HoneyComb Credit.

Atlanta 15

Atlanta Utah DC Detroit 15

Fintech Labs Insights

NOVEMBER 19, 2021

CAN Capital. Lighter Capital. Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. HQ: Atlanta. CAN Capital. HQ: Atlanta. Kabbage (AmEx). Fundera (NerdWallet). Biz2Credit. Camino Financial. SmartBiz Loans. HoneyComb Credit. Pittsburgh. Forward Line. IOU Financial.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 19, 2021

CAN Capital. Lighter Capital. Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. HQ: Atlanta. CAN Capital. HQ: Atlanta. Kabbage (AmEx). Fundera (NerdWallet). Biz2Credit. Camino Financial. SmartBiz Loans. HoneyComb Credit. Pittsburgh. Forward Line. IOU Financial.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 19, 2021

CAN Capital. Lighter Capital. Top 30 Alt-Lenders (Digital) Lending to Small-to-Medium Businesses (SMB) in the United States. HQ: Atlanta. CAN Capital. HQ: Atlanta. Kabbage (AmEx). Fundera (NerdWallet). Biz2Credit. Camino Financial. SmartBiz Loans. HoneyComb Credit. Pittsburgh. Forward Line. IOU Financial.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

JULY 27, 2015

The Atlanta Business Journal blog is reporting that Kabbage is making its way through a $150 million Series E round. Once completed, the company will have a total capital of more than $585 million and a valuation of more than $875 million. Kabbage was founded in 2009, and is headquartered in Atlanta, Georgia.

San Jose 12

San Jose Atlanta Fintech Georgia 12

Fintech Labs Insights

AUGUST 17, 2015

Four out of the top 100 companies are Finovate alums: Kabbage , provides working capital to small businesses online. Headquarters: Atlanta, GA. Prosper , online P2P lending platform. Headquarters: Atlanta, GA. Further down this year’s list are Payoneer , ranked 1976 and CAN Capital , ranked 3206.

San Francisco 12

San Francisco CA Atlanta Big Data 12

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. The Tech Award – Goes to Capital One. Best of luck in the next chapter, Chris!

Idaho 148

Idaho Conference Data Marketing 148

Fintech Labs Insights

SEPTEMBER 19, 2016

The fintech sector attracted $266 million in new capital the second week of August. 5 million to CUneXus to expand its consumer lending platform. . 5 million to CUneXus to expand its consumer lending platform. HQ: Atlanta, Georgia. Consumer lending platform. Bigstone Capital. SMB lending marketplace.

San Francisco 12

San Francisco New York City Fintech Company 12

Jeff For Banks

DECEMBER 19, 2015

Total return includes two components: capital appreciation and dividends. The Company's residential mortgage division, headquartered in Atlanta, has lending offices in Arizona, Florida, Georgia, Maryland, Michigan, Indiana, Illinois and Ohio. This, naturally, eliminated many of the smaller, illiquid FIs. But I digress.

North Dakota 60

North Dakota Arizona Michigan Florida 60

Gonzobanker

JANUARY 19, 2015

A capital t retailers groundwork their monthly results in a few days, t whats up showed that many types of shoppers were in the inflection to buy if the contraption and price were r ight.Plugs reporting make money that topped w via street expectations included costco wholesale corp.Or Which are considered a key indicator of a retailer health!

Retail 60

Retail Atlanta Survey Online 60

Jeff For Banks

DECEMBER 29, 2021

Total return includes two components: capital appreciation and dividends. Silvergate Capital Corporation (NYSE: SI) #2. Silvergate Capital Corporation (NYSE: SI) Here we are again. Silvergate had $150 million in total revenue over the past twelve months, and has a market capitalization of $4.7 Live Oak Bancshares, Inc.

Capital 78

Capital Texas Metro North Carolina 78

Fintech Labs Insights

NOVEMBER 9, 2015

But the most surprising funding was the $42 million to the Atlanta-based alternative credit bureau, FactorTrust. P2P lending. HQ: Atlanta, Georgia. Expansion Capital Group. Tags: Consumer, lending, lead gen, loans, small business loans, mortgage. Here are the rounds by size from Oct 31 through Nov 6: Meili Jinrong.

Company 12

Company Fintech South Dakota San Jose 12

Fintech Labs Insights

APRIL 13, 2016

With Shopify Integration, Thinking Capital Helps Diversify Alt Lending in Canada. Vix Verify opens new offices in Atlanta, Georgia’s Transaction Alley as part of American expansion. Crowdfund Insider interviews Cloud Lending CEO Snehal Fulzele. See OutsideIQ at FinovateSpring in San Jose next month.

San Jose 12

San Jose New York Atlanta Lending 12

Fintech Labs Insights

JANUARY 18, 2016

Online consumer lending. HQ: Atlanta, Georgia. Person-to-person small biz lending platform. Startup capital raising platform. Multi-family lending management. Tags: Consumer, credit, lending, loans, underwriting, investing, P2P, student loans. Source: Finovate. Person-to-person lender. HQ: Bejing, China.

Company 12

Company New York City Fintech San Francisco 12

Fintech Labs Insights

JANUARY 13, 2016

In addition to LoanNow, Finovate alums attracting new capital included: Gem , which pulled in $7.1 Lendful Financial. Consumer lending software for financial institutions. HQ: Atlanta, Georgia. Short-term working capital provider. Tags: SMB, equity crowdfunding, capital, investing, P2P. Total raised: $319.7

Company 12

Company New York City Fintech Lending 12

William Mills

SEPTEMBER 9, 2016

International lending platform – Create opportunities for Investors. 2015 formed aspire to address inefficiencies in alternative lending market. I’ve heard that their CEO recently moved to Atlanta but I’m not sure. It would be interesting to learn more and take a look at their other use cases. Average return of 13% per year.

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

AUGUST 1, 2016

SunTrust led the pack – with 26 percent growth to $200bn for the Atlanta-based lender. Capital One added $375 million to its loan loss reserve for its domestic card business and JPMorgan Chase added a $250m loss allowance for its credit-card portfolio.

Cards 100

Cards Georgia Atlanta US 100