Jeff For Banks

JUNE 2, 2023

More recently and by comparison, the mortgage meltdown and subsequent global financial crisis took down more than 500 banks between 2007 and 2014, with total assets of nearly $959 billion. The old borrow short, lend long strategy. Although community banks did not lend to sub-prime borrowers in any meaningful way, did we participate?

FDIC 78

FDIC Community Bank Regulation Lending 78

FICO

JUNE 1, 2023

Inflation (the year-over-year comparison of the Consumer Price Index) continued to slow in March to 5%; however, prices continue to rise month-over-month. Rates typically peak after holiday shopping then come down as consumers receive their tax refunds and use it to pay down debt. from February 2023 to March 2023.

Trends 52

Trends Industry US Cards 52

PYMNTS

OCTOBER 5, 2016

Other prepaid accounts covered by the new rule include: payroll cards; student financial aid disbursement cards; tax refund cards; and certain federal, state, and local government benefit cards such as those used to distribute unemployment insurance and child support.

Cards 189

Cards Google Tools Regulation 189

Fintech Labs Insights

MAY 19, 2016

Marketplace small business lending platform. Deposit price comparison site. Income tax service. Health insurance comparison site. Personal loan comparison site. Tags: Consumer, lending, credit, underwriting, discovery, quotes, lead gen. Fintech deals by size from 23 April to 29 April 2016: Mosaic.

San Francisco 18

San Francisco Company Fintech California 18

MyBankTracker

MAY 22, 2020

APRs are lower than predatory lending options. While the loans are very expensive, they offer a middle ground between traditional loans and potentially predatory payday lending. Unlike Oportun, traditional lenders usually look at your credit score when making a lending decision. Designed for borrowers with no credit.

Idaho 52

Idaho Lending Alabama Nevada 52

Fintech Labs Insights

SEPTEMBER 1, 2016

Lending marketplace for small businesses. Self-employment tax payments. Tags: SMB, payments, tax prep, accounting. Source: FT Partners. Insurance portal. Latest round: $15 million Series B. Total raised: $15 million. HQ: Shenzen, China. Source: Crunchbase. Online payment service. Latest round: $15 million Series B.

New York City 18

New York City Company Fintech Comparison 18

Jeff For Banks

JULY 8, 2019

Steve played an accountant, and informed a couple that they would be receiving a nice tax refund. And I must admit, finding a legitimate website for objective comparison is difficult because annuity providers clog searches with pitches. We already track that borrowers pay their real estate taxes on regular mortgages.

Retail 60

Retail Community Taxes Strategy 60

Fintech Labs Insights

NOVEMBER 12, 2015

Lending marketplace targeting Hispanic-owned small businesses. Tags: SMB, savings accounts, tax, Lincoln Savings Bank (partner). Source: Crunchbase. Bread Finance. Unsecured consumer financing of purchases. Latest round: $14.3 million Series A. Total raised: $14.3 HQ: New York City. Source: Crunchbase , WSJ. Mobile bank. million Seed.

New York City 12

New York City Company Fintech San Francisco 12

Fintech Labs Insights

AUGUST 22, 2024

Lendsmart: AI-driven platform streamlining home lending processes, new partnerships with regional banks. LendingRobot (acquired by Lime Financial): Raised $3M for its peer-to-peer lending automation, introduced new investment algorithms. Quid (acquired by Netbase Quid): Raised $108M for its market intelligence software.

San Francisco 15

San Francisco New York San Jose Tools 15

Tefkin

JUNE 3, 2014

Companies such as Betterment (disclosure, Anthemis is an investor & I am a customer) make investing in a diversified portfolio of ETFs easy and provide additional services such as automated rebalancing and tax optimisation. On the other end of the scale (Alpha), access to alternative assets has become easier with the JOBS act.

Industry 42

Industry Management Innovation Analysis 42

Fintech Labs Insights

APRIL 17, 2017

Here’s a quick comparison chart of companies working on crowdfunding and cash flow share models (right click to enlarge): Here’s a more in-depth look at each company’s model: Crowdfunding. Lending Home is open to accredited investors looking to fund real estate investment projects for a term of 12 months or less.

Technology 19

Technology Montana Company Management 19

Fintech Labs Insights

AUGUST 1, 2016

Alt-lending to small businesses. Marketplace lending analytics. Tags: Consumer, lending, peer-to-peer, credit, underwriting, investing. Total raised: $42 million. HQ: Ahmedabad, India. Source: Crunchbase. West Creek Financial. Consumer purchase financing. Latest round: $28.5 million ($3.5 million Equity, $25 million Debt).

Company 12

Company Fintech New York City Lending 12

PYMNTS

JUNE 26, 2019

Months after he called out “irrational” student lending that has been impacting the economy through his annual letter, JPMorgan Chase CEO Jamie Dimon noted that U.S. student lending is “hurting America.”

Lending 194

Lending Comparison US United States 194

Fintech Labs Insights

JULY 20, 2016

Income tax prep. Tags: SMB, lending, underwriting, trade finance, factoring, alt-lender. HQ: Shenzen, China. Source: FT Partners. Credit card payoff loans. Latest round: $46.76 million Series C. Total raised: $71.56 HQ: Costa Mesa, California. Source: FT Partners. Better Mortgage. Mortgage lender. Latest round: $30 million Series A.

New York City 12

New York City San Francisco Company Fintech 12

Fintech Labs Insights

MAY 30, 2017

As the company’s Managing Partner Harry Langenberg pointed out, SuperMoney is taking the same approach to loan comparison that “won Google the search engine wars.” ” Pictured: SuperMoney Managing Partner Harry Langenberg demonstrating the Supermoney loan offer comparison tool at FinovateSpring 2017.

UX 22

UX Online Comparison Lending 22

South State Correspondent

JUNE 13, 2022

The Comparison of Risk. One morning, President Trump tweeted his desire for an additional tax on all foreign-owned companies operating in the US. The first risk of a tax on foreign-owned companies resulted in an instantaneous credit shock, while the change in gas station demand will take place over years.

Risk Management 195

Risk Management Examples social media Management 195

William Mills

SEPTEMBER 7, 2016

Built a workflow for the bank so the bank can approve payment and see all compliance and tax information. In real time the tax man received their payment and the waiter has received their tip. Showing comparison of the MX to the 2nd largest – where data is not user friendly. Command center for small business lending.

Mobile 40

Mobile Cards Fraud Data 40

PYMNTS

NOVEMBER 28, 2016

They should, however, be commended for lending money. Time to recognize the importance of lending for consumers and small businesses and for making the economy go ‘round and ‘round. Meanwhile, financial services providers must do a better job of explaining how lending helps consumers and, of course, policing themselves.

Lending 100

Lending Regulation Cards Maine 100

PYMNTS

JANUARY 3, 2017

Some observers noted that revenue from overdraft fees now outpaces that from pawn shops, payday lenders and tax-refund anticipation cheques put together. By comparison, overdraft income at Wells was up 7.5 Consumer advocates have long noted that overdraft fees have quietly become a surging source of income for banks. percent range.

Regulation 104

Regulation North Carolina San Francisco Portland 104

CB Insights

NOVEMBER 16, 2017

Lending Club made changes to its business model that created new opportunities for growth. Lending Club. In comparison, USV’s investment in Lending Club came late. But their decision to invest in a later round with Lending Club provides a model for how a thesis-driven firm must sometimes rewrite their own rulebook.

Lending 78

Lending Capital Company Google 78

CB Insights

MAY 23, 2019

LendingClub was one of many online lending services founded in the mid-2000s as entrepreneurs eyed the Byzantine financial sector as an area ripe for disruption. Four years later in 2005, Hu claimed he needed to relocate Asenqua to Singapore, citing vague tax and privacy reasons for doing so. Total Funding: $263M.

Fraud 78

Fraud Las Vegas Company Capital 78

CB Insights

OCTOBER 31, 2017

BTCjam, a P2P marketplace launched in 2012 to borrow and lend using bitcoin, announced the company has made “the difficult decision” to close up shop, according to multiple news sources. It did not close because the customer base isn’t there or due to a lack of demand for its lending products. -Kyle Hill, HomeCare CEO. Product: BTCJam.

Company 78

Company US San Francisco Capital 78