PYMNTS

OCTOBER 24, 2019

In the meantime, you can transfer profits from selling bitcoin to any bank account or debit card linked to your Cash App.”. million in revenue by market cap from bitcoin in Q1 of 2019, although actual profit was $832,000. Square brought in about $65.5 The company recently hired former Google Director Steve Lee for the team.

San Francisco 100

San Francisco Bitcoin Utah Google 100

PYMNTS

DECEMBER 20, 2018

Through gpi, SWIFT and its community have managed to radically innovate the very core of correspondent banking,” said Chief Marketing Officer Luc Meurant in a press release providing the business update, and where universal update is being targeted for 2020. The Fed, of course, has had a request for comment open for a while.

Utah 134

Utah FDIC System Retail 134

PYMNTS

JULY 14, 2020

That alternative method of paying for purchases “on credit” got a boost with news this week that Visa Installments , a new point-of-sale (POS) credit solution, is being rolled out in pilot markets across the U.S. This follows a pilot rollout in Russia last month. Fast and Furious BNPL Action.

Lending 130

Lending FDIC Minneapolis Utah 130

PYMNTS

JANUARY 7, 2019

“I think it’s safe to say it’s pretty important for us to launch payments in India,” said one person close to the company of the current stalemate of WhatsApp’s delayed entry into the market. Analysts believe WhatsApp’s entrance could be a major disruptor in the up-and-coming market and a major problem for India-based Paytm.

Data 139

Data Wyoming Idaho Mobile 139

PYMNTS

JUNE 13, 2017

Officially SoFi is looking for an industrial loan charter under the name SoFi Bank in Utah. Instead, SoFi as a bank will exist so it can “provide its customers an FDIC insured NOW account and a credit card product. The bank will offer no other products and services.”. The bank will offer no other products and services.”.

FDIC 100

FDIC Utah Millennials ATM 100

PYMNTS

NOVEMBER 6, 2019

Our strategy is working and we are executing with discipline on our mission to help more borrowers improve their financial health, while growing our market opportunity, generating competitive returns for our platform investors, building our resiliency and compounding our competitive advantages,” he said.

San Francisco 100

San Francisco Utah Trends Cards 100

PYMNTS

MAY 2, 2019

Customers pay by credit card, and Allen also pointed out that the company has a money-back guarantee if a dog isn’t satisfied with the food on the first try. and has three distribution centers, in New Jersey, Illinois and Utah. Allen breaks the company’s target market into two buckets, starting with millennials.

New Jersey 109

New Jersey Utah Illinois Company 109

PYMNTS

JUNE 28, 2019

MainVest did not reveal details about what it plans to do with the investment, though noted it continues to gain traction in the SMB investment market by allowing non-accredited investors to participate in crowdfunding for small businesses in their own communities. This week, the company revealed a $24 million investment from Oak HC/FT.

Capital 108

Capital Analytics San Francisco Lending 108

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. Market opportunity. Virtual card issuance. Business lending and corporate cards. Stripe is ramping up its private market investments.

Online 98

Online Company Retail Payments 98

CFPB Monitor

SEPTEMBER 21, 2015

Hughes, Senior Vice President of Card Marketing, Discover Financial Services, Deerfield, Ill. Allen, Chief Compliance Officer, Bank of American Fork, American Fork, Utah. Hinojosa-Ojeda, Associate Professor, University of California Los Angeles Division of Social Sciences, Los Angeles, Calif. Christopher G. Kathleen J.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

Jeff For Banks

DECEMBER 22, 2013

I first became aware of Marlin at the Utah Bankers Association Executive Development Program, where a Marlin Business Bank officer was attending. Nasdaq: EGBN) EagleBank, founded in 1998, is a traditional community-based business bank, serving the metro Washington DC market. But why exclude niche players? Well done! #4.

Community Bank 84

Community Bank Atlanta Community Strategy 84

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. Profiles: Challenger SMB Charge Card Issuers 1. 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

MAY 10, 2021

Divvy: Utah-based Divvy is a spend management platform that integrates expense management and smart corporate cards into a single platform for enterprises. with a market capitalization of $10.7B. The deal is expected to be completed by the end of Bill.com’s first fiscal quarter on September 30, 2021. and Houston, Texas.

San Jose 36

San Jose Management Houston Utah 36

Independent Banker

OCTOBER 31, 2022

billion-asset Sunwest Bank in Sandy, Utah. For example, a bank may feel comfortable allowing a VA to solve a login problem, while situations like a lost card are solved by an empathetic human. “My accounts are scattered at different banks.”. Many orphaned accounts sit inside community banks,” says Carson Lappetito, president of $2.5

Community Bank 91

Community Bank Community Customer Experience Data 91

FICO

JUNE 14, 2021

For many options, borrowers first create an account with each BNPL firm they want to use, providing their debit card or bank information as the payment mechanism. Many of these firms collect income from merchant fees, which can run double or triple what retailers pay to credit card processors, according to industry executives.

Fraud 52

Fraud Cards Millennials Utah 52

MyBankTracker

MAY 22, 2020

To apply, you must live in one of the following states : Arizona California Florida Illinois New Jersey New Mexico Nevada Texas Utah Idaho (online only) Missouri (online only) Wisconsin (online only) Currently, you can only apply if you receive an offer code in the mail, but the company plans to open applications to the public in the near future.

Idaho 52

Idaho Lending Alabama Nevada 52

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. If we are missing anything, please drop me a note.

Las Vegas 15

Las Vegas Conference Industry San Diego 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

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

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. billion exit in just 4.5 billion in a cash ($665 million) and stock ($1.65

Management 15

Management Cards Software Utah 15

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.

Capital 52

Capital Software Lending Apple 52

Fintech Labs Insights

JANUARY 9, 2023

Founded in late 2016 by Blake Murray and Alex Bean, the Lehi, Utah-based startup went from founding to a $2.5 The exit occurred in late 2021 when Bill.com came knocking at just the right time as Bill was looking to expand its offerings in the corporate card and expense management space. billion exit in just 4.5 billion today.

Management 15

Management Cards Software Utah 15

Fintech Labs Insights

JULY 30, 2024

Lendio FAB Score = 124 (up 16) – HQ: Salt Lake City, Utah – Founded: 2011 (originally founded in 2006 as FundingUtah). IOU Financial FAB Score = 23 (up 7) – HQ: Atlanta – Founded: 2011 – Raised: $132M (including $200k in 2021) ( Crunchbase ) – Market cap: $22M (19 July 2023), up $9M since 16 May 2023 (taken private in Sep 2023) – $1.5B

Atlanta 29

Atlanta Utah Miami San Francisco 29

Fintech Labs Insights

NOVEMBER 4, 2021

They support most types of debt products from commercial loans to business credit cards. Lendio primarily markets directly to business owners online. But it also operates a unique franchise system where business loan brokers get exclusive access to a geographic market in exchange for an initial investment of $55k to $65k.

Utah 15

Utah Google Cards Lending 15

Fintech Labs Insights

FEBRUARY 8, 2022

So the market has been ceded to the entrepreneurs, and wow, have they shown up! 910,000 Apply [link] TaxBit 163 Draper, Utah 2018 236 400,000 Apply [link] Bench 147 Vancouver BC 2012 107 570,000 Apply [link] Pilot 77 SF 2016 161 85,000 Apply [link] OneUp 50 SF 2017 2 240,000 Apply [link] Autobooks 46 Detroit 2015 47.8 5,200 Apply.

Online 15

Online Detroit Houston Utah 15

Fintech Labs Insights

AUGUST 20, 2024

So the market has been ceded to the entrepreneurs, and wow, have they shown up! 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

Online 15

Online Miami Detroit Houston 15

Fintech Labs Insights

JUNE 25, 2015

HQ: Salt Lake City, Utah. Tags: Tax, advisor platform, marketing, client services, accounting, SMB. Total raised: $15.2 Source: The Oregonian. Payments risk & compliance management. HQ: Palo Alto, California. Latest round: $12 million. Total raised: $21.5 Source: FT Partners. Canopy Tax (formerly Beanstalk). Source: Crunchbase.

Puerto Rico 12

Puerto Rico St. Louis Fintech Company 12

Fintech Labs Insights

APRIL 30, 2015

HQ: Provo, Utah. Electronic gift card platform. Tags: Prepaid, gift card, non-profits, mobile. Digital banking platform for financial institutions. Latest round: $30 million Series A. Total raised: $61.7 Source: Finovate. Loop Commerce. HQ: Palo Alto, California. Latest round: $16 million Series B. HQ: London, UK. million Seed.

Las Vegas 12

Las Vegas Company North Carolina Fintech 12

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

JULY 12, 2016

Prepaid debit card for youth. HQ: Salt Lake City, Utah. Tags: SMB, payments, merchants, POS, point of sale, acquring, debit/credit cards. Source: Crunchbase. Mobile savings account. Latest round: $22.5 million Series B. Total raised: $36.3 HQ: San Francisco, California. Source: Crunchbase. Qingshongchou Network Technology.

New York City 12

New York City Company Fintech San Francisco 12

Fintech Labs Insights

OCTOBER 1, 2015

Middle market loan syndication platform. Tags: Commercial lending, loans, secondary market, enterprise. Total raised: $8 million. Source: FT Partners. QuanTemplate. Reinsurance platform. HQ: Gibraltar. Latest round: $7.6 Total raised: $9.8 Source: Crunchbase. MMKT Exchange. HQ: New York City. Latest round: $5.9 Source: FT Partners.

San Francisco 12

San Francisco Company Fintech New York City 12

PYMNTS

MAY 3, 2019

China saw a particularly dramatic decline in VC funding, though India and markets across Europe were able to secure investor attention for the quarter. provides small businesses (SMBs) with a holistic digital toolkit to promote their ability to operate online via eCommerce, social media, email marketing, SEO and other digital resources.

Fintech 160

Fintech Capital blockchain Management 160

Gonzobanker

DECEMBER 17, 2021

For the past four-plus years, Chesler has guided Glacier through continued growth and successful acquisitions across the West, all while staying true to Glacier’s local market culture. With Venmo charging 100-150bp less that the card networks, merchants will aggressively follow Amazon. Congrats to Randy and a great management team.

Fintech 136

Fintech Strategy Leadership Lending 136

Fintech Labs Insights

JANUARY 25, 2022

So the market has been ceded to the entrepreneurs, and wow, have they shown up! Draper, Utah. Market cap: $16.8B (25 Jan 2022). HQ: Draper, Utah. SMB Challengers: Rho Delivers Integrated Card, Payments & Checking Experience. But so far I’ve been proven wrong. 5 to 9 years >>> 9 startups.

San Francisco 15

San Francisco Online Detroit Houston 15

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 Underwrites & guarantees high-risk credit card transactions . HQ: Salt Lake, Utah. Tags: SMB, POS, payments, credit/debit cards, restaurant merchants, acquiring. Source: Crunchbase.

Company 12

Company Fintech New York City Comparison 12

Fintech Labs Insights

AUGUST 11, 2016

HQ: Lehi, Utah. AI for detecting stock market manipulation. Tags: Consumer, payments, debit card, billpay, funds transfer, mobile, personal financial management, PFM. Source: Finovate. Payment gateway. Latest round: $17.5 million Series B. Total raised: $20.4 HQ: Bangkok, Thailand. Source: Crunchbase. Deposit Solutions.

Fintech 12

Fintech Company San Francisco New York City 12

Fintech Labs Insights

JUNE 11, 2015

million in a private placement bringing their market cap to $8.6 HQ: Lehi, Utah. HQ: Salt Lake City, Utah. Tags: Payments, mPOS, point of sale, SMB, security, cards, merchant acquiring, Finovate alum. Funding was up sharply this week with 18 companies raising a total of $232 million (includes $20 million in debt).

Company 12

Company Fintech Utah San Francisco 12