Fintech Labs Insights

NOVEMBER 22, 2021

But we still haven’t seen a breakout small business bank. The digital small biz lenders are grabbing share, Kabbage, Square, Paypal, Amazon, Brex, etc. But there is not yet a place where small businesses flock to get deposit, payment, and financing needs met in a single interface. 22 Nov ’21. 22 Nov ’21.

Small Business 15

Small Business NOV PayPal Credit Cards 15

Fintech Labs Insights

DECEMBER 15, 2021

Visits (Nov 21). Website visits: 45.1M (Nov 2021; SimilarWeb). Website visits: 33.2M (Nov 2021; SimilarWeb). Went public Nov 2015 (NYSE:SQ) at $2.9B Website visits: 35.2M (Nov 2021; SimilarWeb). Website visits: 35.2M (Nov 2021; SimilarWeb). Founded: 2019. Website visits: M (Nov 2021; SimilarWeb).

Small Business 15

Small Business Processors NOV Digital Payments 15

Fintech Labs Insights

DECEMBER 13, 2021

Money and cash flow are the lifeblood of a small business. Visits (Nov 21). Exit: Acquired by H&R Block for US$400M in June 2019. Website visits: 6.9M (Nov 2021; SimilarWeb). Website visits: 4.3M (Nov 2021; SimilarWeb). Raised $496M including $216M in its Dec 2019 IPO ( Crunchbase ). FAB Score*.

Small Business 15

Small Business NOV Blocks Payments 15

Fintech Labs Insights

JUNE 27, 2023

Business Insider At least 7 out of 10 small businesses (SMB) lack basic business insurance coverage in one or more critical areas. NEW : Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? 14 reviews) Founders: Inaki Berenguer, Rashmi Melgiri 14.

Small Business 15

Small Business Online and Mobile Banking Acquirers Processors 15

PYMNTS

NOVEMBER 26, 2019

lost bank branches between 2012 and 2017, with rural areas feeling the brunt of the closures, according to research from the Federal Reserve released on Monday (Nov. Small businesses needing access to loans and senior citizens less inclined to adopt digital banks were affected the most by the loss of local financial services. .

Federal Reserve 83

Federal Reserve Online and Mobile Banking Small Business Fed 83

PYMNTS

NOVEMBER 4, 2020

Thursday’s (Nov. For Q2 it showed revenue growing 34 percent year-over-year with its domestic core commerce business fully recovered to pre-COVID-19 levels. Its cloud computing revenue grew 59 percent over 2019. The earnings announcement comes as Alibaba and its various retail brands prepare for Singles Day , which is Nov.

NOV 75

NOV Consumer Small Business Governance 75

PYMNTS

NOVEMBER 3, 2020

As noted by CNBC on Tuesday (Nov. As has been widely reported, the listings — to have been done dually in Shanghai and Hong Kong on Nov. As noted in the company’s listing documents, the company has a wholly-owned subsidiary, Ant Small and Micro Loan, which provides funding through its digital finance technology platform.

NOV 79

NOV Origination Small Business Non-Bank 79

PYMNTS

NOVEMBER 13, 2019

New Zealand’s cloud-based accounting firm Xero is overhauling payments to integrate with TransferWise , Stripe and GoCardless , Xero said in a press release Wednesday (Nov. The integration will make it easier and faster for small businesses in the U.K. businesses manage money with real-time data.

Transactions 46

Transactions Small Business Payments Debit Card 46

Fintech Labs Insights

DECEMBER 3, 2020

Breach Clarity’s FinovateFall 2019 demo (2020 coming soon). Breach Clarity was founded in 2016 (launched in 2019) by my long-time friend Jim Van Dyke and his colleague Al Pascual. Founded : July 2019. Traction : – 3 clients added since 2019 Finovate Fall demo including a co-branded offering with Sontiq. Al Pascual , COO.

NOV 15

NOV Breach Data Breach FinTech 15

PYMNTS

NOVEMBER 11, 2019

lender HSBC made progress in the launch of its digital banking platform for small businesses, Kinetic, which is now operating in beta phase, Reuters reported on Monday (Nov. The bank expects a full launch of Kinetic in the first half of next year, when it is expected to integrate with HSBC’s banking infrastructure.

Small Business 42

Small Business Returns NOV Accounts 42

PYMNTS

NOVEMBER 13, 2019

China’s regulators have revealed that the country will be moving away from setting sharp growth targets at its biggest banks, in an effort to increase lending to small businesses (SMBs). On Tuesday (Nov. On Tuesday (Nov. At the end of September, small and micro-sized business loans were at ¥36.39

Small Business 40

Small Business Non-Bank NOV Finance 40

PYMNTS

NOVEMBER 16, 2018

Mastercard and Australia-based small business accounting platform MYOB are collaborating to streamline vendor payments and payroll. In a press release on Thursday (Nov. The company plans to introduce additional capabilities in small business payments for MYOB customers.

Visa 54

Visa Debit Card Payroll Online and Mobile Banking 54

Fintech Labs Insights

OCTOBER 1, 2024

Related: The 37 Biggest Fintech Conferences & Events in 2024 Top 18 Online Digital Corporate Credit Cards for Small Businesses (Oct 2024) The 50 Largest Corporate Client/User Events in Financial Services Technology Related Stories How Have the Finovate Best of Show Winners Fared?

NOV 12

NOV Credit Union FinTech Advisors 12

PYMNTS

NOVEMBER 26, 2019

TAB Bank is acquiring BAMFi’s BAM Capital Division in a $46 million deal, TAB announced on Tuesday (Nov. The company was recently ranked 121 on the 2019 Inc. As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff. 5000 fastest-growing companies list.

Treasury Management 52

Treasury Management NOV Treasury Cash Management 52

Fintech Labs Insights

JULY 26, 2024

Some events pay referral or listing fees, which could impact positioning. Related: Top 34 Digital Lenders to U.S.

AI 15

AI FinTech NOV Small Business 15

PYMNTS

JANUARY 15, 2021

percent higher in 2020 than in 2019, surprising even the National Retail Federation (NRF). We believe President-elect Biden’s stimulus proposal, with direct payments to families and individuals, and further aid for small businesses and tools to keep businesses open, will keep the economy growing,” Shay added.

NOV 52

NOV Non-Bank Consumer Economy 52

PYMNTS

NOVEMBER 6, 2019

The companies revealed Wednesday (Nov. Businesses do not need U.S. Brex co-founder and co-CEO Henrique Dubugras added that its collaboration with Bank of the West “brings a high quality product experience to an expanded range of business customers.”. billion.

Commercial Card 40

Commercial Card NOV Credit Cards Small Business 40

PYMNTS

NOVEMBER 13, 2019

Fiverr , an online marketplace for freelance services, reported a 42 percent year over year revenue gain for the third quarter of 2019 on Wednesday (Nov. For the third quarter of 2019, the company’s revenue stood at $27.9 Fiverr also said that full year 2019 revenue will grow between 40 percent and 41 percent.

NOV 40

NOV On-Demand Economy Small Business 40

PYMNTS

NOVEMBER 7, 2019

That news came as Upwork announced its Q3 2019 earnings results on Thursday (Nov. Therefore, we have significantly increased our investment in the enterprise sales organization, starting in the fourth quarter of 2019.”. 7), which showed a 23 percent year-over-year increase in revenue to $78.8

Economy 40

Economy NOV Small Business Acquirers 40

PYMNTS

NOVEMBER 1, 2019

legislators are calling for a mandatory 24-hour waiting period on all first-time payments between bank accounts as a way to reduce fraud, Reuters reported on Friday (Nov. Parliament’s Treasury Select Committee said in a report that in the first six months of 2019, consumers were scammed out of roughly $777 million (£600 million).

Regulations 42

Regulations Treasury Payments NOV 42

PYMNTS

NOVEMBER 7, 2019

Samir Assaf, HSBC head of global banking and markets, shared the news with other seniors bankers on Tuesday (Nov. HSBC posted an 18 percent loss in pre-tax profits for the third quarter of 2019 compared to the same period last year, reports said. businesses, which had the greatest losses.

Compliance 40

Compliance Money Laundering Non-Bank Regulations 40

PYMNTS

DECEMBER 30, 2020

There’s no arguing the fact that Amazon has been a lifeline for small businesses this year. During the extended holiday season, the eCommerce giant says its independent sellers saw their sales grow more than 50 percent over 2019. And while the eCommerce champion said it delivered more than 1.5 15 through the end of the year.

Returns 100

Returns Credit Cards NOV Addressing 100

PYMNTS

NOVEMBER 7, 2017

As reported in The New York Times on Monday (Nov. companies told CIPS they are struggling to strike deals with their EU corporate customers that will last beyond March 2019, when Brexit will occur. “The That’s a nearly 20 percent increase from a May poll. A fifth of U.K. and EU will be able to secure a trade agreement.

Agreements 43

Agreements NOV Small Business Economy 43

PYMNTS

NOVEMBER 29, 2016

Reports by Bloomberg on Monday (Nov. The requirement is called ringfencing, and according to reports, Santander would have had to ringfence $215 billion worth of retail and small business banking operations, led by U.K. The Bank of England’s requirements mean lenders must meet adhere to the new rules by 2019.

Cross-Border 51

Cross-Border Non-Bank NOV Small Business 51

Fintech Labs Insights

DECEMBER 10, 2020

Here are the 36 demos (from 30 fintech startups**) that won the audience vote for Best of Show at the end of each event: Nov 2020: West Digital – 5 winning demos plus Q&A (50 minutes). Nov 2019: Dubai – 2 winning demos (14 minutes). Oct 2019: Singapore – 2 winning demos (14 minutes). FinovateWest Digital (Nov 2020).

FinTech 15

FinTech NOV Financial Literacy Breach 15

Fintech Labs Insights

DECEMBER 10, 2020

Here are the 36 demos (from 30 fintech startups**) that won the audience vote for Best of Show at the end of each event: Nov 2020: West Digital – 5 winning demos plus Q&A (50 minutes). Nov 2019: Dubai – 2 winning demos (14 minutes). Oct 2019: Singapore – 2 winning demos (14 minutes). FinovateWest Digital (Nov 2020).

FinTech 15

FinTech NOV Financial Literacy Breach 15

PYMNTS

NOVEMBER 15, 2018

Grab, the ride-sharing platform out of Southeast Asia, announced on Thursday (Nov. Inter-operable, real-time regional payment systems will expand opportunities, especially for citizens and small businesses, to access products and services across ASEAN. Grab made the announcement during the 33rd ASEAN Summit.

Financial Inclusion 55

Financial Inclusion eWallet Cross-Border Multi-Currency 55

PYMNTS

NOVEMBER 15, 2018

Reports in SpecialistBanking on Wednesday (Nov. 15) said CivilisedBank is hoping to launch its banking services in the first half of 2019 after developing its technology. Now, the company has announced it has resubmitted an application for a banking license once again.

NOV 49

NOV Regulations Technology Small Business 49

PYMNTS

NOVEMBER 23, 2020

Small Business Saturday , the annual small business promotion event by American Express, is celebrating its 11th year in 2020 — on Nov. Small Business Saturday , the annual small business promotion event by American Express, is celebrating its 11th year in 2020 — on Nov.

Settlement 57

Settlement Small Business Consumer Contactless Payments 57

Fintech Labs Insights

JANUARY 5, 2022

. There is a small business owner in one of every 3 US households. It’s a market ripe for newcomers, but until 10 years ago, there were no pure-play small-business financial challengers. There are thousands of business banking options for small businesses. Small Businesses (SMB): Dec 2021.

Checks 15

Checks Wires Wire ACH 15

Fintech Labs Insights

SEPTEMBER 25, 2020

Specifically: Sep 2020: Fall Digital – 5 winning demos plus Q&A (50 minutes) Feb 2020: London – 6 winning demos (42 minutes) Nov 2019: Dubai – 2 winning demos (14 minutes) Oct 2019: Singapore – 2 winning demos (14 minutes) Sep 2019: NYC – 9 winning demos (63 minutes) May 2019: San Francisco – 7 winning demos (56 minutes).

FinTech 12

FinTech NOV Financial Literacy Product 12

Fintech Labs Insights

JUNE 11, 2024

Some events pay referral or listing fees, which could impact positioning. Related: Top 16 U.S.

FinTech 15

FinTech Advisors Best Practices NOV 15

Fintech Labs Insights

JULY 18, 2023

Series A July 2018: Raises $35M Series B April 2019: Raises $200M Series C; hits unicorn status Aug 2019: Hits milestone of 3,000 companies served and secures a major commitment from Credit Suisse to purchase up to $500M in receivables (Source: Press release ) October 2019: Raises $200 million in a series C funding round, valuing the company at $1.6

CRM 15

CRM Multi-Currency Online and Mobile Banking Credit Cards 15

Fintech Labs Insights

NOVEMBER 23, 2020

Reference: – Geekwire (23 Nov 2020). Full disclosure : I’m considering making a small angel investment in Secure. Unicorn watch : Who will be the first fintech founded in 2019 or 2020 to become a unicorn? Related: Fintech Events: The 14 Remaining Conferences in 2020 (Nov/Dec).

Ubiquitous 15

Ubiquitous Security FinTech NOV 15

Fintech Labs Insights

NOVEMBER 12, 2020

Business model: Enterprise sales. Founded: 2019. Business model: Direct to small businesses. raised in April 2020 (per Crunchbase, Nov 2020). Description: Blockchain-based cross-border payments platform for banks. HQ: San Francisco, CA. Founders: Marten Nelson , COO. HQ: Toronto. Founded: April 2020.

FinTech 15

FinTech Payment APIs and Integration Cross-Border Payments Embedded Finance 15

PYMNTS

NOVEMBER 19, 2018

The rollout will continue throughout 2019. American Express announced Thursday (Nov. 15) the launch of American Express Go, a new digital service aimed at helping mid-sized and large companies handle business expenses for temporary workers, recruits and employees without corporate cards.

Payroll 49

Payroll B2B Online and Mobile Banking NOV 49

Fintech Labs Insights

AUGUST 22, 2024

Autobooks: Raised $98M, small-business accounting software, increasingly integrated by banks, showing strong growth. MiddleEast 2019 (Dubai): Amber: Developing AI-driven tools for energy management, pilot projects show promising energy savings. Bambu (CLOSED): Raised $13M, robo-advisory technology provider Dreams: Expands U.S.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15