Lending

Online Lending Set for Massive Expansion, LendingTree’s Lebda Says

Online Lending Set for Massive Expansion, LendingTree’s Lebda Says

by October 28, 2014 at 1:32 pm 0 comments

Online lending is the darling of venture capitalists — witness Lenda, the startup specializing in home loans that announced a $1.5 million raise yesterday — and the space as a whole is white hot. “Consumer finance is the last big industry to move online,” Doug Lebda, founder and CEO ofRead More

Fintech Sandbox Scores a Crucial ‘Lead Sponsor’: Silicon Valley Bank

Fintech Sandbox Scores a Crucial ‘Lead Sponsor’: Silicon Valley Bank

by October 27, 2014 at 11:28 am 1 comment

Fintech Sandbox, a newly launched non-profit looking to cultivate financial services startups, has quietly scored a crucial sponsor: Silicon Valley Bank.

Epiphyte, Matchmove Win Fintech Startup Challenge

Epiphyte, Matchmove Win Fintech Startup Challenge

by October 2, 2014 at 10:28 am 7 comments

More than 280 companies entered the Innotribe Startup Challenge but just two emerged triumphant: the money movement service Epiphyte, and Matchmove, which offers virtual credit cards.

What We Hope to See From the Leumi Hackathon

What We Hope to See From the Leumi Hackathon

by September 30, 2014 at 9:29 am 0 comments

To explain the remarkable technology innovation coming out of Israel, one Israeli entrepreneur once said that in the tiny nation, “there’s zero tolerance for work-arounds.,” This is the kind of attitude we are looking forward to seeing aimed squarely at fintech. Indeed, on Oct. 22-23, Leumi, one of Israel’s largestRead More

Free Checking Accounts Remain Elusive

Free Checking Accounts Remain Elusive

by September 29, 2014 at 12:34 pm 0 comments

Fees are on the rise across the retail banking sector, and customers on the hunt for “free checking” will have a difficult search ahead.

12 High-Flying Demos from Day 2 of Finovate Fall 2014

12 High-Flying Demos from Day 2 of Finovate Fall 2014

by September 25, 2014 at 11:29 am 3 comments

The second and final day of Finovate Fall 2014 saw several strong presentations on the stage. There was were no drones, costumes or grunting, on Day 2 as there were in Day 1, but overall the demos were stronger, especially early in the day.

Ten Winning Demos from Day 1 of Finovate Fall 2014

Ten Winning Demos from Day 1 of Finovate Fall 2014

by September 23, 2014 at 10:06 pm 3 comments

Finovate Fall 2014 is halfway over and if you were one of the nearly 1,500 attendees packed into New York’s Hilton Midtown, you saw two costumed superheroes on stage grunting as they apparently tried to open an account on a mobile device.

Thee were also 34 other demos.

MasterCard Takes Leveraging iPhone 6 Hype to a Whole Other Level

by September 19, 2014 at 11:35 am 1 comment

Long lines were forming outside AT&T shops long before dawn this morning — and least in Manhattan — in what can only be described as a consumer frenzy. But all the hype surrounding the iPhone 6/6 Plus launch today was leveraged to a whole other level today by MasterCard, anRead More

Funding Circle Amps Up U.S. Growth with LeapPay Purchase

Funding Circle Amps Up U.S. Growth with LeapPay Purchase

by September 2, 2014 at 5:24 pm 0 comments

Funding Circle’s co-founder Sam Hodges spoke to Bank Innovation about the company’s recent funding, the LeapPay acquisition, and Lending Club’s upcoming IPO.

What’s the State of Banking Innovation?

What’s the State of Banking Innovation?

by September 2, 2014 at 7:00 am 0 comments

Is the intensity of banking innovation really heating up?

Lending Club Files For IPO, But Offers Little Insight

Lending Club Files For IPO, But Offers Little Insight

by August 28, 2014 at 1:29 pm 0 comments

Lending Club has filed a $500 million IPO, according to S-1 filings sent to the SEC. Interestingly, Lending Club’s S-1 filing lacks key information that might give insight into the still-private company.