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Keller, President and Chief Executive Officer of Community Bank of the Bay, a Community Development Financial Institution serving the San Francisco Bay area from its base in Oakland, Calif. “The application came out Friday and we worked on it all through the weekend along with our partners at Abrigo, and we’re ready. SBA Lending.
Location: Oakland, Calif. billion-asset community bank in Oakland, Calif., It’s a CDFI, which means that 60% of lending is made to low- and moderate-income customers or underserved communities. In March 2020, workers at Oakland, Calif.-based Name: Beneficial State Bank. Assets: $1.5 wears this mission proudly.
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. The teams at FinTech startup LendUp and Oakland-based Beneficial State Bank think very differently about that relationship. “It percent to 29.99
Bank Headquarters: Oakland, Calif. Like a craftsman bricklayer steadily assembling a sturdy house, Nelson built her successful career and her community bank in Oakland, Calif., Two years later, Nelson moved as a single mom to Oakland, where she again found a job as a teller at a regional bank. By Beth Mattson-Teig. Branches: 3.
So together, LendUp and the Aspen Institute’s EPIC are launching Finance Forward, a national conversation to discuss the issue from the perspective of individuals, local government, nonprofits, for-profits, employers, tech and anyone else with an ability to lend or take action. The tour will wrap up later this year in Oakland, Calif.,
Kukla, Senior Vice President, Center for Responsible Lending, Durham, N.C. DeBery, Senior Vice President, Internal Audit and Risk Management, Bath Savings Institution, Bath, Maine. O’Connor, Senior Vice President, Lending and Operations, Community America Credit Union, Shawnee Mission, Kan. Christopher G. Kathleen J.
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.
Oakland, CA. Streamline your debt capital raise and management. Modern money management platform with points. Embedded lending infrastructure for software companies. Lending #Cards. Debt as a service for companies to lend money to their users at scale. Lending #DebtManagement. Lending #SMB. .
HQ: Oakland, California. Marketplace small business lending platform. Tags: Consumer, lending, credit, underwriting, healthcare, payments, insurance. Fintech deals by size from 23 April to 29 April 2016: Mosaic. Marketplace lender for residential solor projects. Latest round: $200 million Private Equity. Total raised: $224.9
HQ: Oakland, California. Cloud cash and treasury management solutions. Lending marketplace for small businesses. Tags: Institutions, lenders, mortgage, lending, customer service, mobile, account opening. Lender for solar energy installations. Latest round: $220 million Private Equity. Total raised: $245 million.
Description: Alternative credit scoring and lending in emerging markets. Description: Digital banking and spend management platform for global NGOs. Description: Digital wealth manager connecting Africans to U.S. HQ: Oakland, CA. Description: Helps businesses pay, manage and support their gig-economy workers.
The vast majority went into alt-lending including NYC-based Pave ($30o million), Australian P2P platform MoneyPlace ($60 million from Auswide Bank), and Chinese lenders Fengjr.com ($80 million) and Dashu Finance ($77 million). Investing & portfolio management. Low-cost investment portfolio management. HQ: New York City.
Along with the usual payment and lending startups, two insurtech companies raised substantial rounds: Embroker ($12.2 Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. Digital wealth manager. Tink raised $10.2
HQ: Oakland, California. Deposit management for landlords and their tenants. Identity management. Tags: Consumers, SMB, security, blockchain, bitcoin, document management. Source: Crunchbase. Spending & forecasting software for small businesses. Latest round: $13.5 million Series A. Total raised: $23 million.
HQ: Oakland, California. Tags: Consumer, SMB, investing, peer-to-peer, equity, loans, lending. Financing for renewable energy and conservation projects. Latest round: $70 million Series D. Total raised: $102.2 Source: Crunchbase. Maestro Health. Employee benefits and health insurance services. Latest round: $53 million.
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