Remove Fintech Remove Lending Remove Oakland
article thumbnail

How A Bank And A FinTechs Are Jointly Cracking The Code On Financial Inclusion

PYMNTS

The favored narrative about banks and FinTech startups is generally not a love story. Of course, banks have to be run with safety and soundness to protect those deposits, but they also have myriad public mandates, like fair lending, anti-money laundering and customer privacy. Usually, it is more of an all-out war story.

Fintech 198
article thumbnail

Goldman Sachs To Acquire Credit Card Company Final

Bank Innovation

Goldman Sachs has agreed to purchase fintech startup firm Final, as a part of its efforts to expand in retail-banking products. Oakland-based Final is a credit card service, which announced that it would close its card portfolio back in December. Terms of the transaction were not disclosed.

Oakland 170
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 5 Fintech: Silicon Valley Might Meets South Korean Finesse

Bank Innovation

Last week we observed an upsurge in collaborations between startups and financial institutions, but this week is all startup glory. There are some old pros still doing us proud with 9-figure rounds, like Affirm, but a major Korean vital force is not far behind, in the form of e-commerce and seriously chill Read More.

Meeting 150
article thumbnail

Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

Fintech deals by size from 23 April to 29 April 2016: Mosaic. HQ: Oakland, California. Marketplace small business lending platform. The post Fintech Fundings: 114 Companies Raised $7.3 Tags: Consumer, lending, credit, underwriting, healthcare, payments, insurance. ——-. Total raised: $224.9 CallforLoans.

article thumbnail

Fintech Startup of the Week: Challenger Jiko Buys a $100M U.S. Bank

Fintech Labs Insights

At one time or another, every consumer fintech company wonders if they should buy a bank. But most fintech startups want to buy a ticket to the financial rails, not a large customer base. But we haven’t seen a pre-revenue, basically a stealth fintech startup, buy a bank. The 18 Fintech Startups in the 2020 INC 500.

Fintech 15
article thumbnail

First Look: The 56 Fintech Companies in YC’s Latest Batch (W21)

Fintech Labs Insights

Early on, fintech startups were a small part of its class, although Stripe (S09) and Coinbase (S12) were notable (and extremely profitable) exceptions. When I looked at YCvalums in mid-2014 , there had been just 40 fintech grads in its first 10 years. Oakland, CA. Embedded lending infrastructure for software companies.

article thumbnail

Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

The fintech sector attracted $332 million in new capital the first week of August. Fintech deals by size from 30 July to 5 August, 2016: Mosaic. HQ: Oakland, California. Lending marketplace for small businesses. The post Fintech Fundings: 30 Companies Raised $330 Million First Week of August appeared first on Finovate.