Payments

Blackmoon
New York, NY

A data analytics and infrastructure platform for loan originators and investors.

Launched in 2014, Blackmoon offers “marketplace lending as a service.”

The company provides a secure platform for both loan originators and investors, offering loan scoring tools and an area for flexible investment portfolio building.

Why are we watching them? The company offers a composite approach to lending, which means implementing marketplace approach on top of traditional lending infrastructure.

Loan origination is a complex thing, and it’s worth keeping an eye on a company that uses automation and data analytics to make it just that much simpler.
Blispay
blispay.com
Baltimore, MD

Offers POS financing for consumer purchases.


Applying for financing or credit cards at the POS at retail giants such as Best Buy is a no-brainer. Small and medium-sized merchants, however, don’t usually have that option.

Blispay – launched in March 2016 – is set to tackle that issue, with a solution aimed at SMEs.

The company’s Blispay Visa card has the benefits of a Visa card, allowing consumers to make purchases anywhere Visa is accepted, with a few additions.

Blispay consumers can earn 2% cashback on their purchases, and the company’s re-financing platform means there is no interest on purchases above $199 if that purchase is paid in full within 6 months.

That’s the kind of re-financing we want to see.
Bread
getbread.com
New York City, U.S.
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Partners with retailers to facilitate pay-as-you-go financing solutions, for better customer relationships and sales growth.

Bread:
This New York-based fintech wants to build stronger relationships between retailers and consumers, by partnering with retailors to create financing solutions. These partnerships allow Bread to facilitate pay-as-you go solutions for the consumer, through technology that adds both to the retailers’ accessibility and grows sales.
Clarity Money
New York, NY

PFM app that helps bring transparency to consumer finances.

A free personal finance app, Clarity Money, wants to give control of consumer finances back to the consumer.

By using transparent mobile financial tools, Clarity Money, launched in 2016, provides all of the data and insights consumers need to have a holistic view of their finances.

The app provides allows users to create savings accounts, and enables a clearer view into their spending habits.

Could this be the money managing tool of the future? We’re going to find out.
Clearshift
Israel

Transparency pricing for cross-currency transactions.

Clearshift is looking to “close the gaps” in international trade by offering more transparent pricing for cross-currency transactions.

The company is targeting the traditionally opaque world of cross-border finance, providing a “unique” pricing model to businesses looking to transact across borders. The company currently has offices in Israel, the U.S., and the European Union.
Curve
London, England
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All-in-one card platform that allows users to pick a card to use for past financial transactions.

This London-based fintech wants to be the one to achieve that much-tried goal in fintech: building out a singular platform that aggregates multiple bank cards into one. The customer’s card are grouped together under the Curve card (powered by Mastercard), and that customer’s spending and money management habits are all laid out in the accompanying mobile app.

Notably, the fintech’s products also include a “time travel” feature, where users can choose which card to use for a transaction — after they’ve already made the transaction.
Debitize
debitize.com
New York City, U.S.

Personal finance tool aimed at allowing users to receive typical credit rewards while using debit-style products.

Without credit cards, it’s hard to build a credit score, and users miss out on credit card perks like reward points. Liran Amrany came up with a solution. He launched Debitize in 2014. It’s a personal finance tool that makes it easy to use credit cards responsibly.

Here’s how it works: when a user makes a purchase with a credit card, Debitize charges the user’s checking account and stores the funds in a Debitize reserve account. At the end of the month, Debitize automatically pays off the credit card bill.
Paykey
paykey.com
Tel Aviv, Israel
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Startup lets banks add payments to the social media services of their choosing.

Paykey wants to combine the popularity of social media with the ease of mobile banking, by allowing banks to add payment capabilities to certain media services, like WhatsApp or Instagram.

The company’s services rely on a mobile phone keyboard, adding a payment button that can be branded to any FI.
Plum
withplum.com
London, England

PFM chatbot that automatically saves on behalf of the consumer.

This London-based startup is using AI and Facebook Messenger to provide consumers with a more holistic PFM experience.
The fintech monitors the daily spending of users before automatically setting aside money to save, without seeking approval from the user.
Once done, the money stays in that user’s Plum account, outside of their other financial accounts to protect from “#yolo” moments, as the company states. Users can sign up for Plum on the company’s site now, and will communicate with the bot via Facebook Messenger.
Popwallet
popwallet.com
New York City, U.S.

Integrates mobile retail offers direct into consumer mobile wallets.

The startup provides marketers with a more direct line to their mobile-focused consumers, by integrating offers and branded promotions right into the consumer’s mobile wallet.

The company is seeking to better connect retail marketers with a consumer base who, while very attached to their mobile phones, still do most of their shopping at a physical location.