PYMNTS

MARCH 12, 2019

Linq3, founded in 2007 in Atlanta, develops, builds and markets traditional and digital lottery products. Winners are notified via text and picture message, and most winnings are paid automatically via PayPal. A picture message with the quick pick numbers, draw date and other information then is sent back to the cardholder.

Point-of-Sale (POS)

PYMNTS

OCTOBER 1, 2018

Ten years after PayPal launched, it was operating in 190 countries and had 60 million users. MoneyGram , Xoom and PayPal move money all over the world, too, without crypto. When Steve Jobs launched the first the iPhone in 2007, he didn’t feel compelled to rebuild mobile broadband to do it.

Bitcoin

PYMNTS

AUGUST 3, 2020

Missouri-based Askinosie Chocolate , which has sold ethically sourced confections since 2007, has been tackling such challenges. It also has had to use credit cards and PayPal for other international ingredient purchases, where protections like chargebacks have proven to be important safeguards. The Paper Versus Digital Debate.

Checks

FICO

DECEMBER 14, 2016

Venmo, PayPal and Zelle are in a competition to see who’s the most popular verb, as in “I’ll Venmo you my share of the bar tab.” When it comes to payments activity, most consumers’ individual patterns are fairly consistent; they shop at the same stores, get cash from the same couple of ATMs, and so forth. Not so with payment apps.

EMV

Fintech News

MAY 7, 2024

Qoala – US$47 million, Series C Qoala, an Indonesian omnichannel insurtech startup, announced in March the completion of its Series C funding round, raising US$47 million led by PayPal Ventures and MassMutual Ventures. Founded in 2007, Oobit provides the gateway to spending crypto in traditional commerce settings.

Payment APIs and Integration

PYMNTS

AUGUST 21, 2017

After hearing that a big conference was coming to San Francisco and that hotel rooms were totally sold out, two 27-year-old guys, who were living there in 2007 and struggling to pay rent, bought three airbeds and turned their living room into a makeshift bed and breakfast. E-Bay acquired online ticket exchange, StubHub, in 2007.

PayPal

PYMNTS

JULY 26, 2017

Even within a single country, a shrewd eCommerce merchant will want to offer a variety of payment options for shoppers, from credit and debit cards to eWallets, from PayPal to digital cash. At the time we founded the company [2007], my idea of a crowdsourcing model to software testing was a radical notion. Brand value.

PayPal

CB Insights

APRIL 17, 2018

While Lin left the company in 2005, it was acquired by Microsoft in 2007. Jeff oversaw the acquisitions of Paypal and Half.com (Josh Kopelman’s company) during his 5 years with eBay. He then went on to serve as president of Paypal in 2004 before becoming president and CEO of OpenTable in 2007.

Acquirers

Fintech Labs Insights

OCTOBER 6, 2015

Since 2007, OnDeck has deployed more than $3B to small businesses nationwide. from July 2005 until it was acquired by PayPal, Inc., She led Credit Underwriting including Global Credit Technology at PayPal, Inc. Rice was an early senior technologist and led credit product development at Bill Me Later, Inc. in October 2008.

Small Business

PYMNTS

SEPTEMBER 18, 2018

Student debt was at $545 billion at the end of 2007, just ahead of the financial crisis, and now stands at more than $1.5 Yet room is still there, of course, for tech-nimble upstarts like Square and PayPal, where machine learning and other avenues of data collection and analysis can help pull the trigger on working capital loans.

Innovation

PYMNTS

APRIL 29, 2016

“Its last breakthrough innovation was the iPhone, which was released in 2007. His foundational work with PayPal, Tesla Motors and SpaceX all make it pretty hard to argue that Musk is a guy without vision. “Elon Musk — who has proven to be the greatest visionary of our times.”

Processors

CB Insights

DECEMBER 4, 2019

Below is a timeline of some of the major Amazon Pay milestones: Amazon’s first known payments product, Pay with Amazon, launched in 2007. Webpay failed to gain user traction and was shut down in 2014, unlike up-start Venmo (now a part of rival payments processor PayPal). It’s likely that Amazon was too early to P2P payments.

Online and Mobile Banking

PYMNTS

JULY 26, 2017

This latest measure follows the first Payment Services Directive, which was passed by the EU and took effect in late 2007. This will allow consumers to make payments without being redirected to a service like PayPal or Visa Checkout. PSD2 is not the last word in data sharing, and, as its name implies, it’s also not the first.

Regulations

PYMNTS

NOVEMBER 21, 2016

The launch of the iPhone in 2007 and the App Store in 2008 opened everyone’s eyes to the impact that mobile would have on payments and commerce. Digital commerce has been a reality for more than two decades. Merchants lost sales to those online retailers that could make the buying process easy, secure and consistent.

Digital Payments

PYMNTS

JANUARY 1, 2019

There was no Google -ing anything, and PayPal was still three years away from being a thing. There’s no chance that the iPhone is going to get any significant market share,” Ballmer noted in 2007, according to Forbes. In fairness, it was 1995 — Amazon was a year old and a bookseller online.

Online and Mobile Banking

Fintech Labs Insights

SEPTEMBER 17, 2014

But in 2007, one of my favorites cancelled. There is no where else where you can meet the dev folk at Yodlee Interactive, TD Ameritrade, MasterCard, Visa, PayPal/Braintree, Forte, Intuit, and Google. I''d always been a conference fanboy, going to 4 or 5 per year to speak and/or cover in our publications. Rapid fire. New products.

Void

PYMNTS

OCTOBER 17, 2017

If you think about the major players – Amazon, Apple, Google and PayPal,” Cole said, “they might all have a desire to establish a footprint here.”. Such moratoriums have happened in the past – for a year in 2006 and 2007, and for three years after the passage of Dodd-Frank in 2010.

FDIC

Fintech Labs Insights

DECEMBER 9, 2015

Founded 2007. Exit: Purchased by PayPal in 2013 for $800 million. Founded: 2007. FinovateFall 2011 demo. HQ: Chicago, IL. FinovateSpring 2013 demo. FinDEVr San Francisco 2015 presentation. Founded: 2014. HQ: San Francisco. Funding: $43.7 FinDEVr San Francisco 2015 presentation. Credit Karma. HQ: San Francisco. Funding: $368.5

FinTech

Fintech Labs Insights

APRIL 12, 2024

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

Online and Mobile Banking

CB Insights

MARCH 13, 2019

Select Investors: PayPal, Intuit, HSBC Venture Capital, American Express Ventures, Santander InnoVentures, HSBC, Goldman Sachs Principal Strategic Investments. It developed the first real-time media buying software program in 2007, according to its website. Valuation: $1.07B. Total Funding: $104M. Valuation: $1B. Total Funding: $606M.

Online and Mobile Banking

Fintech Labs Insights

FEBRUARY 19, 2016

Just days after Paypal announced that it was redesigning its iOS and Android mobile apps. Founded in 2007 and based in San Francisco, Credit Karma demonstrated its Debt Manager solution at FinovateSpring 2009. Maybe it’s the change in seasons. Credit Karma reports that it too has a new design for its mobile app. billion.

Push-to-Card

PYMNTS

DECEMBER 26, 2016

From 1992 to 2007, it traded on the NYSE before being taken private by KKR. ” PayPal Worked Toward Change. CEO Dan Schulman described his vision for a new PayPal. First Data was first incorporated in 1971, so it is actually 45 years young.

Online and Mobile Banking

Fintech Labs Insights

JANUARY 4, 2021

The publicly-traded company was valued at $137B on Dec 31, making it the 3rd most valuable 21st-century fintech, trailing just PayPal and Ant. There are two exceptions started in the 1998/1999 timeframe, PayPal and Finicity. PingPong : The Chinese payments company was valued at $1.5B in a March 2019 round. Full Fintech Unicorn List.

FinTech

Fintech Labs Insights

JANUARY 4, 2021

The publicly-traded company was valued at $137B on Dec 31, making it the 3rd most valuable 21st-century fintech, trailing just PayPal and Ant. There are two exceptions started in the 1998/1999 timeframe, PayPal and Finicity. PingPong : The Chinese payments company was valued at $1.5B in a March 2019 round. Full Fintech Unicorn List.

FinTech

Fintech Labs Insights

APRIL 16, 2020

The fintech hits : The seeds of several important companies were sown in the 1999 to 2007 stretch (Paypal, Prosper, Zoka, Mint, Credit Karma). Financial crisis (2007-2008). The crash : Banks were just starting to test the digital waters in 2006 and early 2007 when the bottom dropped out of their balance sheets.

Small Business

Fintech Labs Insights

MARCH 4, 2021

There are two exceptions started in the 1998/1999 timeframe, PayPal and Finicity. WeBull : Yet another trading app, mobile and desktop, founded in 2017 with HQ in NYC. . Full Fintech Unicorn List. values as of 1 Mar 2021). Value Date. 1-Mar-2021. United States. 1-Mar-2021. Ant Technology. 2018 round. Rumored secondary mkt value. 1-Mar-2021.

NOV

Fintech Labs Insights

JUNE 3, 2021

German lender that went public in 2007. #72 . #55 Kraken : $4+B US crypto exchange (valuation per Fortune, based on 2019 round, and likely MUCH higher now). #60 60 Paymentus : $3.8B US payments company that went public 25 May 2021. #61 61 Hypoport : $3.6B 72 (t) Forter: $3B US ecommerce fraud specialist. #97 97 Acorns : $2.2B Value Date.

FinTech

Fintech Labs Insights

JUNE 3, 2021

German lender that went public in 2007. #96 . #55 Kraken : $4+B US crypto exchange (valuation per Fortune, based on 2019 round, and likely MUCH higher now). #60 60 Paymentus : $3.8B US payments company that went public 25 May 2021. #61 61 Hypoport : $3.6B 96 Acorns : $2.2B US causual investing/savings app. #97 97 Recharge : $2.1B Value Date.

FinTech

Fintech Labs Insights

DECEMBER 7, 2020

To qualify, a company must have been founded in 2000 or later (OK, we have a couple of 1999s too, just so we can keep PayPal on the list) and have its primary business related to financial services including banking, savings, lending, investing, insurance, wealth management, SMB accounting and payroll. Value Date/Source. 2-Dec-2020.

FinTech

Fintech Labs Insights

OCTOBER 19, 2021

2.7B: Paidy – Japanese payments company acquired by PayPal . Exit Sep 2021 (PayPal). . $5.9B: Clearwater Analytics – US investment back-office provider founded in 2003. 3.5B: Coalition – US cybersecurity insurance provider founded in 2017. 2.0B: Atome – Payments startup from Singapore. 1.5B: Ascend Money – Payments firm from Thailand.

FinTech

Fintech Labs Insights

JULY 7, 2021

-based wealth management platform. 102(t): $2.1B Mercado Bitcoin, Brazillian crypto exchange. 105(t): $2.0B Clip , Mexican payments startup. 105(t): $2.0B Bunq , banking startup from The Netherlands. 121(t): $1.8B Trulioo , Canadian fintech security company. Ledger , French crypto company. 139(t): $1.4B Scalable Capital , German investech.

FinTech

Fintech Labs Insights

MAY 3, 2021

There are two exceptions started in the 1998/1999 timeframe, PayPal and Finicity. . #140 (tie) Clearcover : $1.0B US-based auto insurance provider. Full Fintech Unicorn List. values as of 1 May 2021). Value Date. 1 May 2021. United States. Ant Technology. 2018 round. 1 May 2021. 1 May 2021. United States. Mar 2021 SPAC (proposed). 1 May 2021.

FinTech

Fintech Labs Insights

APRIL 8, 2021

There are two exceptions started in the 1998/1999 timeframe, PayPal and Finicity. . #129(t) Feedzai : $1.0B US-based fraud protection for financial instituions. 129(t) Fireblocks : $1.0B US-based cyrypto company. Full Fintech Unicorn List. values as of 1 April 2021). Value Date. 1 April 2021. United States. Ant Technology. 2018 round.

FinTech

Fintech Labs Insights

FEBRUARY 2, 2021

There are two exceptions started in the 1998/1999 timeframe, PayPal and Finicity. The startups is expecting to go public in early 2021 via a SPAC with an estimated market cap of $1.3B. Full Fintech Unicorn List. values as of 2 Feb 2021). Value Date. 2-feb-2021. United States. Ant Technology. 2018 round. 2-feb-2021. 2-feb-2021. United States.

FinTech

Fintech Labs Insights

SEPTEMBER 13, 2021

. #200t ($1B): Vietnam-based ecommerce/payments company VNLife. . Full Fintech Unicorn List. Value Date. 9 Sep 2021. United States. 9 Sep 2021. Ant Technology. 2018 round. 9 Sep 2021. United States. Plaid Technologies. April 2021 round. United States. 9 Sep 2021. United States. Tinkoff Bank. Mar 2021 SPAC (proposed). Wise ( TransferWise ).

FinTech

Fintech Labs Insights

FEBRUARY 2, 2021

The startups is expecting to go public in early 2021 via a SPAC with an estimated market cap of $1.3B. Full Fintech Unicorn List. values as of 2 Feb 2021). Value Date. 2-feb-2021. United States. Ant Technology. 2018 round. 2-feb-2021. 2-feb-2021. United States. Oct 2018 round. United States. Jan 2016 round. Q2 Holdings. 2-feb-2021. United States.

FinTech

Fintech Labs Insights

AUGUST 10, 2021

. #149(t): $1.4B USA cyber insurer At-Bay. 173(t): $1.0B Singapore insurtech Bolttech. Full Fintech Unicorn List. Value ($B). Value Date. 6 Aug 2021. United States. 6 Aug 2021. Ant Technology. 2018 round. 6 Aug 2021. 6 Aug 2021. United States. Tinkoff Bank. Mar 2021 SPAC (proposed). Dec 2019 round. United States. Wise ( TransferWise ). 6 Aug 2021.

FinTech