2009 Caps Origination 
PYMNTS
OCTOBER 1, 2018
The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. Attorney Alex Tse. “We The Response.
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
PYMNTS
JANUARY 20, 2017
Bitcoin’s current estimated market cap is over $14.5 If Coinbase is allowed to intervene, the bitcoin exchange will supplement Berns’ original case with additional arguments. The past few days have seen bitcoin rising at a similar rate seen in late December and into early 2017. percent from the day’s open of $884.25.
CB Insights
OCTOBER 29, 2018
Date: May 21, 2009. When Cisco paid almost $600M for Pure Digital in 2009, it probably seemed like a great investment for their consumer products department; Pure Digital’s Flip HD digital camera was a hot seller at the time. .” By 2009, Time Warner had spun off the once-mighty internet titan back into a separate entity.
PYMNTS
AUGUST 21, 2017
Over Labor Day weekend in 1995, Pierre Omidyar wrote the original code in his living room for the company that would later become known as eBay. Zulily, founded in 2009, became a favorite platform for moms who wanted to buy stuff for their kids and loved the surprise of seeing new selections and flash sale options every day.
CB Insights
SEPTEMBER 10, 2019
Simple, an early contender founded in 2009, floundered following its 2011 launch before ultimately being bought by Spanish banking giant BBVA in 2014. users in under 2 years on its way to being acquired by Intuit in 2009 for $170M. Acorns has grown with its original target audience and now offers 3 product packages.
CB Insights
OCTOBER 16, 2018
The online bookseller didn’t turn a profit for six years — today, it’s the second publicly traded company ever to hit a $1T market cap. 2009: Focus on inputs — the outputs will take care of themselves. Day 1 represents originality, enthusiasm, and an eagerness to delight customers.
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