CB Insights

OCTOBER 29, 2018

Date: October 2011. With Apotheker fired in 2011 for a slew of missteps that had contributed to the company’s massive losses, nothing ever came of the acquisition. Date: August 15, 2011. Credit Suisse paid nearly three times the book value for DLJ, and got little in return. HP and Autonomy. Price: $11.1B.

Acquirers 76

Acquirers Online and Mobile Banking Innovation Non-Bank 76

PYMNTS

MAY 5, 2016

From 2009 to 2013, same-store sales increased by marginal amounts in 2011 only and decreased by 6 percent in 2009, 10 percent in 2012 and 4 percent in 2013. Though the sporting goods retailer originally filed for bankruptcy in March, claiming upwards of $1.1 March — Sports Authority.

Authorization 44

Authorization Legal Agreements Origination 44

PYMNTS

SEPTEMBER 9, 2016

And after a brief dip in 2010 and 2011, the increase continued until it peaked in 2014, according to Financial Fraud Action UK. ODFI focuses on the origination of transactions, while RDFI concentrates on receiving transactions. It creates a better commerce environment between originators and beneficiaries,” he said.

Same Day ACH 40

Same Day ACH ACH ODFI Faster Payments 40

CB Insights

NOVEMBER 16, 2017

Launched in 2011, the startup offers subscription boxes of apparel and accessories curated by personal stylists for each shopper. Users can try on items at home, and return whatever they don’t like in prepaid shipping envelopes. Stitch Fix has — almost — become a household name.

Caps 45

Caps Origination AI Product 45

CB Insights

FEBRUARY 13, 2020

Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. Stripe went on to raise a seed round from Sequoia Capital, Andreessen Horowitz, SV Angel, and PayPal founders Peter Thiel and Elon Musk in 2011. William Alvarado , who has served as the Chief Business Officer since 2011.

Payment APIs and Integration 98

Payment APIs and Integration Online and Mobile Banking Payments Push-to-Card 98

Finovate

AUGUST 14, 2024

The new capability provides a way to validate return consumers online in less than two seconds with just a selfie. ” A Finovate alum since 2011, Experian most recently demoed its technology at FinovateFall in New York in 2018. Here are a trio of stories highlighting the latest efforts by fintechs to combat financial crime.

Credential 64

Credential FinTech Deepfake Fraud Detection 64

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. And, in 2011, eBay acquired eCommerce tech platforms GSI Commerce and Magento to create more synergies with the online retailers that were its customers. Airbnb was launched a year later.

PayPal 51

PayPal Push-to-Card Consumer Acquirers 51

PYMNTS

NOVEMBER 7, 2016

William Safire wrote a story in The New York Times in 1994 tracing the origin of the phrase. In return for non-voting shares and an agreement to drop the lawsuit that accused Microsoft of copying the look and feel of the Mac OS, Jobs persuaded Bill Gates to write Apple a check big enough to get the company back on solid financial footing.

Consumer 75

Consumer Agreements Checks Disputes 75

CB Insights

NOVEMBER 1, 2018

After a brief launch in 2011, Glitch was returned to beta and by 2012, Butterfield declared the concept wasn’t viable. It was originally a dating site that allowed singles to upload videos of themselves talking about what they wanted in a partner. His company, Tiny Speck, began developing a game called Glitch.

PayPal 76

PayPal Origination Acquirers On-Demand 76

Wharton Fintech

NOVEMBER 13, 2023

I started investing in fintech back in 2011. A firm is “how do I deliver exceptional returns”, which is sort of a prerequisite for building a successful fund or building a successful firm. I was a 23-year-old analyst or associate at Spark Capital back then.

FinTech 52

FinTech Small Business Payment APIs and Integration Laws 52

CB Insights

JUNE 6, 2019

Declared Bankruptcy: 2011. By December 2011, it was under $30/kg. By September 2011, Solyndra’s business model had fallen apart. It’s also one where traditional lenders, because of the uncertain returns, are less likely to extend credit. Founded: 2011. Dart Music. Earth Class Mail. Founded: 2005.

Breach 78

Breach On-Demand Product Acquirers 78

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. Originally launched in 2015, Qapital has raised $51M in funding to date and gained roughly 420,000 users, who have reportedly saved nearly $500M. As of 2018, the app had 3.7M

Finance 77

Finance Online and Mobile Banking Micro-Entry Advisors 77

CB Insights

OCTOBER 16, 2018

2011: Self-service platforms unlock innovation. At Amazon, it is always Day 1— it’s a powerful refrain that has featured in every shareholder letter since the original. Day 1 represents originality, enthusiasm, and an eagerness to delight customers. It has the potential of very strong returns. Just execute.

Innovation 78

Innovation Product Risk Technology 78

CB Insights

JULY 24, 2018

The company then decided to test its first offline store (known as a Guideshop) in the lobby of its NYC headquarters in 2011. Since 2011, the company has gone on to open 74 stores, and continues to grow. They’ll return to the Warby Parker stores, but what started as an offline purchase gets 2–3x’ed online.

Product 49

Product On-Demand Process Consumer 49

CB Insights

OCTOBER 31, 2019

return on its ad spend. For example, chatbots can use natural language processing to process a patient’s reported symptoms and return a diagnosis without the patient needing to set foot in a doctor’s office. Chatbots prompt patients to report their symptoms, and then the bots return potential diagnoses and recommend next steps.

Bots 78

Bots Legal Online and Mobile Banking Research 78

Fintech Labs Insights

MAY 30, 2017

“Users can easily compare their APRs, loan amounts, payments, even their total repayment costs, origination fees, and other details for the loan,” Lulic said. Our Loan Offer Engine transparently allows consumers to submit a single, soft-pull loan application to all the leading online lenders and returns real loan offers back.

Process 22

Process Credit Union Consumer Underwriting 22

CB Insights

FEBRUARY 15, 2018

It was originally applied for in September 2015, and then updated and re-filed a year later, in conjunction with the Powerpack’s second generation. Utility companies pay for returning this energy to customers, often at costs that are significantly higher than if these companies were to purchase this energy independently.

Technology 29

Technology On-Demand Innovation Fed 29

Fintech Labs Insights

FEBRUARY 23, 2017

SoFi, for example, is about to close a massive, $500 million round , its competitor LendingHome topped $1 billion in mortgage loan originations last year, and RealtyShares has seen over $300 million raised on its platform. Equifax ( FF 2011 demo ). Mortgagebot (acquired by D+H in 2011) ( FF 2010 demo ).

FinTech 28

FinTech Facilitators Process Advisors 28

CB Insights

NOVEMBER 9, 2017

By the time NSL tried to return to its core home energy audit skills and jettison its downstream installation businesses, many of the VC investors had chosen to stop investing in NSL, despite their earlier entreaties for growth at all costs. The company also found itself confronted by conflicting energy program mandates and regulations.

Online and Mobile Banking 78

Online and Mobile Banking On-Demand Shutdown Push-to-Card 78

CB Insights

NOVEMBER 16, 2017

In venture capital, returns follow the power law — 80% of the wins come from 20% of the deals. Those wins often make up for all the losses and then some — they “return the fund.” return by helping the company through a difficult financial time. “ Exit is the important word.

Returns 78

Returns Online and Mobile Banking Acquirers On-Demand 78

CB Insights

MARCH 2, 2018

Eight months after their original investment, Alibaba and Ant Financial invested another $680M into the quickly growing company. In return for exclusivity, Alibaba will support the pharmacy during major marketing campaigns to better reach Chinese consumers. Together, Alibaba and Ant Financial own 40% of Paytm.

On-Demand 68

On-Demand Acquirers Product Continuity 68