Post Tagged with: "Bain Capital Ventures"

Should Fintech Startups Seek Success Lower in the Stack?

Should Fintech Startups Seek Success Lower in the Stack?

by November 22, 2016 at 11:45 am 0 comments

Payments company Dwolla recently surprised much of the fintech world by announcing it was stepping back from the consumer business to focus on its B2B, API-based model. Or maybe it wasn’t so surprising. It’s no secret it’s hard to scale fintech companies — unless consumers are rich, money isn’t fun, and peopleRead More

Grip of Liquidity Crisis Tightens on Lending Club, Prosper

Grip of Liquidity Crisis Tightens on Lending Club, Prosper

by May 27, 2016 at 11:57 am 2 comments

Alternative lenders are looking for, well, alternatives to survive tough times. Matt Harris of Bain Capital Ventures commented to Bank Innovation last Friday that alternative lenders might need to give up equity or make other concessions in order to secure funding. He was proven correct just days later when ProsperRead More

Is Alternative Lending Terminally Ill?

Is Alternative Lending Terminally Ill?

by May 24, 2016 at 1:31 pm 3 comments

Tremors are running through the alternative lending space. Prosper raised rates, cut staff, and saw a chilly reception from investors for its latest securitization. OnDeck saw shares slide to 30% of their IPO value. Avant called off several new product launches and also cut staff. Perhaps most ominously, Lending Club CEO Renaud Laplanche suddenly stepped down whenRead More

Signs of a Chill in Fintech Funding?

Signs of a Chill in Fintech Funding?

by April 28, 2016 at 9:55 am 2 comments

Fintech funding is booming. The first quarter of 2016 may have seen no IPOs, but it saw more funding than ever — $5.3 billion, 67% more than the same period last year, according to Accenture. But there are signs a chill may be in the air. At the Empire StartupsRead More

Self-Regulation Said to Be a Goal for New Marketplace Group

Self-Regulation Said to Be a Goal for New Marketplace Group

by April 8, 2016 at 10:28 am 2 comments

Marketplace lenders are getting together — well, three of them, anyway. Marketplace lenders Funding Circle, Lending Club and Prosper announced Wednesday the formation of the Marketplace Lending Association, a nonprofit organization that will “promote responsible business practices and sound public policy to benefit borrowers and investors.” It’s a move likely influenced by theRead More

What’s Expected for Fintech 2016? A Special Roundtable [AUDIO]

What’s Expected for Fintech 2016? A Special Roundtable [AUDIO]

by December 22, 2015 at 10:50 am 2 comments

What does 2016 hold in store for fintech, payments, and banking innovation? Matt Harris, managing director of Bain Capital Ventures, and Brian Roemmele, CEO of Pay Finders and a noted payments analyst, joined Bank Innovation yesterday to discuss just that. Harris and Roemmele were needled to give their views on mobile payments,Read More

Card Innovator Dynamics Scores $70M from MasterCard, Bain Capital

Card Innovator Dynamics Scores $70M from MasterCard, Bain Capital

by December 8, 2014 at 11:54 am 3 comments

With so much hoopla over mobile in payments, it’s easy to forget that the money is still in cards.

Investments in Payments Startups Flattening in the U.S.

Investments in Payments Startups Flattening in the U.S.

by August 1, 2014 at 12:10 pm 1 comment

How is fintech different between the U.S. and Europe? We asked some experts.

Here’s What Banks and VCs Talk About

Here’s What Banks and VCs Talk About

by July 25, 2014 at 3:51 pm 0 comments

While it may not seem like it, banks talk to venture capitalists focused on financial technology on a regular basis. What about? Startups, of course.