PYMNTS

MAY 10, 2016

Even Jamie Dimon wrote in a 2014 letter to investors of the danger online lenders posed, a new class of innovator that was coming to “eat our lunch.”. The challenge for the industry at that point will be to find a different funding mechanism for originating these products or loans. He was far from alone.

Underwriting 41

Underwriting Audit Risk Compliance 41

CB Insights

OCTOBER 26, 2020

While Spotify still worked with a few investment banks to help organize the logistics behind the unconventional deal, those advisors made a small fraction of what they would have on an IPO — only reaching about $30M among the 3 banks, according to The Wall Street Journal. BOUTIQUE BANKS.

Underwriting 78

Underwriting Research Online and Mobile Banking Non-Bank 78

CB Insights

JANUARY 31, 2018

In the last year, banks have homed in on the consumer, backing robo-advisors and companies offering easy-to-use money management apps. . These moves are also in line with the growth of Goldman’s digital finance arm Marcus , which grew to $2B in personal loan originations in November 2017. . in disclosed funding.

FinTech 78

FinTech Blockchain Database Advisors 78

Fintech Labs Insights

FEBRUARY 1, 2016

Trizic raises $2 million to help advisors compete with algorithms. Nous closes in on 350,000 fundraising goal [Update: Nous exceeds original goal, raises $750,000 ]. We previewed our alum funding for 2015 a few weeks ago with a look at investment in European-based alums. Now we present the numbers for the entire world.

Acquirers 14

Acquirers Finance Multi-Currency Security 14

CB Insights

JULY 19, 2017

Originally opened in 2008 by a group of Googlers who wanted someplace a bit more free-form to do their “20% work.” (“20% work” itself is a form of constant innovation: it’s the 20% of the workweek during which Google employees get to work on projects not directly connected to their core tasks.) Founded: 2014. Founded: 2008.

Innovation 74

Innovation Online and Mobile Banking Research Technology 74

Fintech Labs Insights

FEBRUARY 23, 2017

Proptech (also known as real estate tech or REtech) and its subset mortgagetech have been around since 2014. 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.

FinTech 28

FinTech Facilitators Process Advisors 28

CB Insights

JUNE 17, 2020

Another company, Origin , was one of four 3D printing companies that received authorization to provide 3D-printed medical equipment directly to healthcare providers. Apple, Google, and Samsung began adding virtual wallets to their mobile products as early as 2014. Early signs point to strong, lasting SHIFT TOward CONTACTLESS PAYMENTS.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

CB Insights

OCTOBER 31, 2017

2014 Second Update (9/24/2014). 2014 First Update (6/3/2014). Original 50 Startup Failure Post-Mortems (1/20/2014). Background: Pearl was founded in 2014 by three ex-Apple iPod engineers, and hired dozens of other ex-Apple employees. 2017 Third Update (10/31/17). 2017 Second Update (6/9/17).

Posting 78

Posting Product Online and Mobile Banking On-Demand 78

CB Insights

OCTOBER 10, 2017

Mobile bill pay usage volume spiked, hitting well over $1M a day by the time Check was acquired by Intuit in June 2014. The original Pageonce was a prototypical Web 2.0 Meanwhile, the average customer acquisition cost (CAC) for a British robo-advisor startup, according to SCM Direct, is about $234. account aggregator.

Finance 78

Finance Online and Mobile Banking Product Checks 78

PYMNTS

SEPTEMBER 6, 2016

According to Daniel Masters, director of Global Advisors Bitcoin Investment Fund: “From the early 2000s onward, there was a proliferation of ETFs covering all manner of commodity interests. ” So, if either ETF is approved, the price could go up. Now, this seems far-fetched. ” Bitcoinonomics 101.

Bitcoin 43

Bitcoin Central Bank Cryptocurrency Economy 43

PYMNTS

APRIL 9, 2016

And, while blowing that horn, Bezos also noted that Amazon-backed original series in its Prime Video library have garnered 120 critical nominations, 60 of which went on to win. Specifically, in 2014 he noted that alt lenders were “coming to eat our lunch.”. “And, as I write this letter, ‘search’ is invaluable to me.

CFPB 40

CFPB Regulations On-Demand Innovation 40

CB Insights

DECEMBER 14, 2017

The bed-in-a-box startup Casper launched in 2014 with five co-founders and one fundamental observation about the mattress industry: that buying a mattress is an “awful consumer experience.” In 2014, the New York Times published a 2200-word piece about the “Kafkaesque” process of trying to buy a mattress. By 2014, it hit $150M.

Consumer 78

Consumer Product Returns On-Demand 78