CFPB Monitor

JANUARY 25, 2021

Per the Utah Department of Financial Institutions website, Rakuten Bank America’s application for a Utah ILC charter was received on July 26, 2019 and remains pending. . based bank, Rakuten Bank America. Rakuten’s first FDIC deposit insurance application was filed in July 2019, and was withdrawn in March 2020.

FDIC 78

FDIC Utah America Financial Technology 78

PYMNTS

JUNE 28, 2019

It wasn’t the only corporate T&E firm that secured new funding, though, nor was it the only B2B FinTech that raised venture capital. Reports in KFGO did not disclose the nature or value of the investment, though noted it is part of HSBC’s broader effort to invest in FinTech. TripActions.

Capital 108

Capital Analytics San Francisco Lending 108

Fintech Labs Insights

OCTOBER 1, 2024

In the last eight years, the corporate charge card market ( see definition below ) has seen the launch of 3 major digital players ( Ramp in 2019, Brex in 2017, and Divvy in 2016) that are already multi-unicorns. 4,800 18 16 Dash.fi (was FunnelDash ) 4 1 Oct 24 2016 Austin $3.7 4,800 18 16 Dash.fi (was FunnelDash ) 4 1 Oct 24 2016 Austin $3.7

Cards 29

Cards Online Utah New Jersey 29

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. Virtual card issuance. Business lending and corporate cards. Fraud prevention tools. Supporting merchant partner growth. Growing the internet economy.

Online 98

Online Company Retail Payments 98

Fintech Labs Insights

JANUARY 31, 2023

These are the largest events in the financial services industry geared towards payments and card technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart payments firms and card issuers. And prices tend to rise as the event draws closer. Payments UX: Zelle Confuses

Las Vegas 15

Las Vegas Conference Industry San Diego 15

Fintech Labs Insights

JUNE 17, 2021

With Brex’s arrival on the scene in 2018 followed by a meteoric rise to multi-unicorn status, there has been considerable attention to, and investment in business credit/charge cards ( see definition below ). Here is a list of the 15 challenger business credit cards currently active in the United States. 1,060,000. Divvy (Bill.com).

Cards 15

Cards Online Utah Austin 15

Fintech Labs Insights

JUNE 17, 2021

With Brex’s arrival on the scene in 2018 followed by a meteoric rise to multi-unicorn status, there has been considerable attention to, and investment in business credit/charge cards ( see definition below ). Here is a list of the 15 challenger business credit cards currently active in the United States. 1,060,000. Divvy (Bill.com).

Cards 15

Cards Online Utah Austin 15

Fintech Labs Insights

JULY 30, 2024

We are calling it the FAB score, standing for Fintech Attention Barometer. Several lenders pay Fintech Labs a referral fee for funded loans. Lendio FAB Score = 124 (up 16) – HQ: Salt Lake City, Utah – Founded: 2011 (originally founded in 2006 as FundingUtah). It’s a work in progress, so expect changes in the formula. **A

Atlanta 29

Atlanta Utah Miami San Francisco 29

Fintech Labs Insights

DECEMBER 1, 2021

With Brex’s arrival on the scene in 2018 followed by a meteoric rise to multi-unicorn status, there has been considerable attention to, and investment in business credit/charge cards ( see definition below ). Below is a ranked list of the 17 challenger business credit cards currently active in the United States. Review Date.

Cards 15

Cards Online Utah Austin 15

Fintech Labs Insights

DECEMBER 1, 2021

With Brex’s arrival on the scene in 2018 followed by a meteoric rise to multi-unicorn status, there has been considerable attention to, and investment in business credit/charge cards ( see definition below ). Below is a ranked list of the 17 challenger business credit cards currently active in the United States. Review Date.

Cards 15

Cards Online Utah Austin 15

Fintech Labs Insights

JULY 18, 2023

Divvy is one of the biggest fintech success stories of the 2020s. Founded in late 2016 by Blake Murray and Alex Bean, the Lehi, Utah-based startup went from founding to a $2.3 The exit occurred in mid-2021 when Bill.com was looking to expand its offerings in the corporate card and expense management space.

Management 15

Management Cards Software Utah 15

Fintech Labs Insights

JANUARY 9, 2023

Divvy is one of the biggest fintech success stories of the 2020s. Founded in late 2016 by Blake Murray and Alex Bean, the Lehi, Utah-based startup went from founding to a $2.5 Timeline of a fintech rocket ship: September 2016: Founded in Lehi, Utah by Blake Murray and Alex Bean. billion exit in just 4.5

Management 15

Management Cards Software Utah 15

Fintech Labs Insights

JUNE 25, 2015

And there are few fintech success stories bigger than 2008 alum, Credit Karma , which scored $175 million this week at a reported $3.5 Total investment into the fintech sector this week were $240 million flowing to 12 firms. So far this year, fintech has attracted $7.9 HQ: Salt Lake City, Utah. billion valuation.

Puerto Rico 12

Puerto Rico St. Louis Fintech Company 12

Fintech Labs Insights

JUNE 16, 2016

Fintech deals by size from May 14 to 20, 2016: Clover Health. Consumer credit card management. HQ: Lehi, Utah. HQ: Sandy, Utah. Tags: SMB, merchants, acquiring, credit/debt card processing, restuarants, payments. The total number of deals YTD stands at 522, 80% more than last year’s 290. Health insurance provider.

San Francisco 12

San Francisco Company New York City South Carolina 12

Fintech Labs Insights

DECEMBER 11, 2015

Utah Business Magazine names Lendio one of the best companies to work for in Utah for the third consecutive year. Arroweye Solutions selected to provide prepaid card production and personalization services for The Members Group. Around the web: Financial Planning speculates about Personal Capital’s future.

Utah 12

Utah Capital Groups Cards 12

Lex Sokolin

SEPTEMBER 23, 2020

To the extent it pipes people to banking product, that goes to a $500 million market capitalization public company that makes prepaid cards. It doesn’t have an ILC charter from Utah, or a crypto bank charter from Wyoming, or a straight-up bank charter like Varo, nor has it acquired any banks like Lending Club or Jiko. No shenanigans.

Capital 52

Capital Software Lending Apple 52

Fintech Labs Insights

APRIL 30, 2015

HQ: Provo, Utah. Electronic gift card platform. The post Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1 appeared first on Finovate. Tags: Prepaid, gift card, non-profits, mobile. Digital banking platform for financial institutions. Latest round: $30 million Series A. Total raised: $61.7 million Seed.

Las Vegas 12

Las Vegas Company North Carolina Fintech 12

Fintech Labs Insights

NOVEMBER 4, 2021

They support most types of debt products from commercial loans to business credit cards. Credit cards. HQ: Salt Lake City, Utah. The 238 Fintech Unicorns of the 21st Century (Sep 2021). And it’s so good to see the progress they’ve made since then. Merchant cash advances. Commercial mortgages. Company Vitals.

Utah 15

Utah Google Cards Lending 15

Fintech Labs Insights

FEBRUARY 8, 2022

The FAB Score Ranking (Fintech Attention Barometer) is a proxy for the size of a private fintech company not based on product reviews. We call it the FAB score, standing for Fintech Attention Barometer. Top 17 Online Digital Corporate Credit Cards for Small Businesses (Feb 2022). 5 to 9 years >>> 9 startups.

Online 15

Online Detroit Houston Utah 15

Fintech Labs Insights

OCTOBER 1, 2015

Fintech circles were abuzz this week as four massive fundings pushing several companies higher up the billion-dollar valuation ladder (yep, I can avoid the U-word if I really try). student loans, the worldwide fintech total surpassed one billion ($1.254 billion to be precise) thanks to Paytm ($675 million), Avant ($325 million) and 17 others.

San Francisco 12

San Francisco Company Fintech New York City 12

Fintech Labs Insights

AUGUST 20, 2024

9,100 10 10 TaxBit 50 20 Aug 2024 2018 Draper, Utah 253 23,000 8 8 Synder 39 20 Aug 2024 2016 SF 3 190,000 12 12 Pilot 33 20 Aug 2024 2016 SF 172 39,000 18t 18t OneUp 28 20 Aug 2024 2017 SF 2 130,000 13 13 Emburse (ChromeRiver) 23 20 Aug 2024 2014 LA 0.1 We call it the FAB score, standing for Fintech Attention Barometer.

Online 15

Online Miami Detroit Houston 15

Fintech Labs Insights

JULY 12, 2016

With 38 deals reported – one shy of the weekly record – fintech companies raised $303 million worldwide the first week of June. Fintech deals by size from May 28 to 3 June, 2016: Partners Life. Prepaid debit card for youth. HQ: Salt Lake City, Utah. Total dollars raised YTD is now $16 billion, nearly double the $8.4

New York City 12

New York City Company Fintech San Francisco 12

Fintech Labs Insights

SEPTEMBER 11, 2015

A division of Finicity Corporation, Finicity Data Services provides API services for fintech developers building account aggregation, cash flow verification, and account ownership verification solutions. ” “Real-time transaction data opens many new doors for fintech innovators,” Thomas said.

System 12

System San Jose San Francisco Utah 12

Fintech Labs Insights

NOVEMBER 19, 2021

We are calling it the FAB score, standing for Fintech Attention Barometer. HQ: Salt Lake City, Utah. Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021). The 260 Fintech Unicorns of the 21st Century (Oct 2021). CAN Capital. Fundera (NerdWallet). Biz2Credit. Lighter Capital. Trustpilot : 4.8

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

APRIL 22, 2016

Small business loan marketplace Lendio recently partnered with American Express to power the credit card company’s merchant financing offering. Last year, the Utah-based company facilitated over $128 million in financing to more than 5,100 businesses. Lendio debuted at FinovateSpring 2011.

Utah 12

Utah Cards Operations Company 12

Fintech Labs Insights

NOVEMBER 19, 2021

We are calling it the FAB score, standing for Fintech Attention Barometer. HQ: Salt Lake City, Utah. Related: Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021). The 260 Fintech Unicorns of the 21st Century (Oct 2021). CAN Capital. Fundera (NerdWallet). Biz2Credit. Lighter Capital. Founded: 2012.

Atlanta 15

Atlanta Utah Miami DC 15

Fintech Labs Insights

NOVEMBER 19, 2021

We are calling it the FAB score, standing for Fintech Attention Barometer. HQ: Salt Lake City, Utah. Related Stories SMB Lenders: Kabbage Continues to Cook Under American Express Ownership SMB Charge Cards: Brex is the new Amex Watch 12 Fintech Startups Pitch at Startupbootcamp Amsterdam Demo Day (May 2021 update)).

Atlanta 15

Atlanta Utah Miami DC 15

PYMNTS

MAY 3, 2019

This week, the B2B FinTech startup space bucked any notion of a VC downturn with several high-value deals, and one of the busiest VC investment roundup weeks for the B2B space so far this year. Below, PYMNTS breaks down how more than $516 million in venture capital was spread across B2B FinTech firms.

Fintech 160

Fintech Capital blockchain Management 160

Fintech Labs Insights

AUGUST 11, 2016

Braintree’s payment platform serves both online and mobile merchants, providing a secure payment gateway, merchant account, recurrent billing and credit card storage. Based in Salt Lake City, Utah, Finicity demoed its Data Services technology at FinovateSpring 2015 , and more recently presented at FinDEVr New York 2016 this spring.

San Francisco 12

San Francisco Utah Case Study New York 12

Fintech Labs Insights

OCTOBER 31, 2016

But instead of opening an envelope and removing cash to spend in a certain category, users open the app and instantly load funds onto a specialized prepaid card to make the transaction. Headquartered in Utah. .” ProActive Budget’s system works similarly to the cash envelope budgeting system. 3 employees. 3 employees.

New York 12

New York Software Utah System 12

Gonzobanker

DECEMBER 17, 2021

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 136

Fintech Strategy Leadership Lending 136

Fintech Labs Insights

FEBRUARY 15, 2016

Despite turmoil in global equity markets, the fintech sector continued its 3-year bull market with 21 companies raising $259.1 Six weeks into the new year, fintech companies have raised $4.5 Here are the fintech deals by size from 6 Feb to 12 Feb 2016: Renew Financial. HQ: Salt Lake, Utah. times the $1.9 Latest round: $2.2

Company 12

Company Fintech New York City Comparison 12

Fintech Labs Insights

AUGUST 11, 2016

There has been an average of 28 fintech deals per week this year. Fintech deals by size from 16 July to 22 July, 2016: CommonBond. HQ: Lehi, Utah. Tags: Consumer, payments, debit card, billpay, funds transfer, mobile, personal financial management, PFM. The total amount raised this week was $532 million. Payment gateway.

Fintech 12

Fintech Company San Francisco New York City 12

Fintech Labs Insights

SEPTEMBER 6, 2016

Every time we build a Finovate presenter headquarters map, we are reminded how geographically diverse fintech innovation has become. Beyond the United States, familiar international fintech powerhouses like Israel and Canada (eight presenters from the Great White North alone!)

Fintech 12

Fintech New York Wisconsin Utah 12

Fintech Labs Insights

JANUARY 18, 2016

Year-to-date fintech companies have raised $450 million in new equity, 67% more than the $270 million raised in the first half of January 2015. HQ: Provo, Utah. The post Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15 appeared first on Finovate. RealtyMogul took in another $18.4 Mambu attracted $8.7

Company 12

Company New York City Fintech San Francisco 12

Fintech Labs Insights

JANUARY 25, 2022

Draper, Utah. We call it the FAB score, standing for Fintech Attention Barometer. HQ: Draper, Utah. Related: The 34 Biggest Fintech Conferences & Events in 2022. The Fintech Unicorns of the 21st Century (Dec 2021). SMB Challengers: Rho Delivers Integrated Card, Payments & Checking Experience.

San Francisco 15

San Francisco Online Detroit Houston 15

Fintech Labs Insights

APRIL 4, 2016

Here are the fintech deals by size from 26 March to 1 April 2016: Ceridian. HQ: Salt Lake City, Utah. The post Fintech Fundings: 21 Companies Raise $460 Million Week Ending April 1 appeared first on Finovate. Bluefin Payments received $6 million to expand its secure payment system. Latest round: $150 million Private Equity.

New York City 12

New York City Company Fintech California 12