Alternative Finances

Alternative Finances
OnDeck IPOs And Rides Alt Lending Wave
December 19, 2014

Alternative lender OnDeck Capital, which focuses on loaning money to small-business borrowers, expects to continue with business as usual after raising $200 million from its IPO on Wednesday (Dec. 17), according to American Banker. Get the Full Story Complete the form to unlock this article...

Mozido Acquires CorFire
December 18, 2014

America’s greatest musical treasure Elvis Presley once sang that what he needed was “a little less conversation, a little more action,” a motto that the team at Mozido seems to have taken to heart. In a year-ending surprise, the Austin-based cloud platform mobile payments and...

Lending Club Had $1B IPO And Is Now Worth $10B
December 18, 2014

P2P lending startup Lending Club’s IPO last Thursday was reported to be worth at least $865 million, but it turns out to be even bigger, Silicon Beat reported. The company said on Tuesday (Dec. 16) that it had sold additional to raise its total IPO...

Alternative Finances
Digit Gets $2.5M To Make You Save Without Noticing
December 17, 2014

Digit, a financial startup that helps users save by taking money out of their checking accounts when they’re not looking, has pulled in $2.5 million in seed funding, TechCrunch reported on Tuesday (Dec. 16). Get the Full Story Complete the form to unlock this article...

Investment Tracker | December 11 – 17
December 17, 2014

Adyen And The Changing Face Of Cross-Border Payment  Christmas, it seems, has come early for global payments technology company Adyen this year. The Amsterdam-based business announced a $250 million funding round Tuesday (December 16), led by global growth equity investor General Atlantic, (with participation from...

Alternative Finances
The $103B Bank Revenue Stream
December 12, 2014

Financially underserved consumers now spend more than $100 billion a year on financial fee and interest charges, according to a report released Thursday (Dec. 11) by the Center for Financial Service Innovation. Get the Full Story Complete the form to unlock this article and enjoy...

Alternative Finances
Dwolla Joins Microsoft For Government Payments Pitch
December 11, 2014

Payments startup Dwolla is getting in on the ground floor with Microsoft’s government-by-cloud initiative, the company said in a blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Bitcoins Reported Stolen After Blockchain.Info Security Update
December 10, 2014

The world’s most popular web-based Bitcoin wallet service, Blockchain.info, suffered a security lapse during a software update that affected hundreds of users, the service said in a blog post on Monday (Dec. 8). Get the Full Story Complete the form to unlock this article and...

Square Poaches Visa CMO
December 10, 2014

Kevin Burke, Visa’s Chief Marketing Officer for its core products, has jumped to Square where he will “head up acquisition channels,” according to a statement Square issued on Tuesday (Dec. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...