PYMNTS

JULY 2, 2020

Then to cap it off, Sears , which has become an afterthought in the pandemic retail nightmare, announced it is closing its iconic Hackensack, New Jersey location. It has been a relevant question since the 2008 financial crisis. According to data collected by the U.K.’s billion in Q1. Not every bit of news has been as tragic.

Shutdown

PYMNTS

MAY 3, 2018

In January, the SBA recommended an increase on the cap of assets that credit unions can invest in SMB members. Currently, credit unions cannot invest more than 12.25

Credit Union

PYMNTS

JULY 5, 2017

It could be one of the largest deals JPMorgan has completed since the financial crisis of 2008. Along another line of thinking, the deal would be a palatable one for a firm like JPMorgan, where international presence is more pronounced but where financial firepower is hardly dimmed by snapping up a $10 billion market cap firm.

Online and Mobile Banking

PYMNTS

OCTOBER 4, 2017

Tucker’s company, AMG Services, allegedly sidestepped state-by-state caps in place on the interest rates that can be levied on consumers through its links to Native American tribes, which operate as sovereign states and are not governed by those caps. million in areas like Texas, California and New York, across 2008 to 2012.

Caps

The Fintech Times

MAY 16, 2024

Since its inception in 2008, Bitcoin marked a watershed moment by revolutionising global money transfers through decentralisation. The market cap of stablecoins reached new levels, underscoring their growing significance. DeFi witnessed a surge, empowering users worldwide to seamlessly exchange tokenised assets.

Innovation

PYMNTS

NOVEMBER 23, 2017

The facts are thus: Earlier this month, Finance Minister Zhu Guangyao said foreign stakes in financial companies can increase as caps are lifted, and in many cases eliminated. So, with the caps uncapped, it follows that Western firms and companies will be operating in environments where investment pickings might be relatively slim.

Caps

PYMNTS

NOVEMBER 16, 2017

Reuters reports that the current caps in place limiting the ownership percentage of Chinese banks that stands at 20 percent will be lifted. Consider the fact that the big players in Western banking, which had built up holdings in Chinese financial firms, had to sell their stakes in the aftermath of the 2008 financial crisis.

Caps

CB Insights

AUGUST 6, 2018

Amazon, for example, operates a “customer packaging experience” team and has promoted easy-to-open, recyclable packaging since 2008. Startup Water.IO , for example, provides Bayer and others with IoT caps that promise data collection for brands and automatic replenishment for shoppers.

Caps

CB Insights

OCTOBER 29, 2018

Date: Sep 29, 2008. While Wendy’s was never really in a position to unseat McDonald’s as the country’s top fast-food burger chain, its 2008 acquisition by Nelson Peltz (the billionaire owner of Arby’s) and merger with the roast beef sandwich chain never got it any closer to fast-food dominance. Date: July 1, 2008.

Acquirers

PYMNTS

MAY 30, 2018

” While Ohio voters overwhelmingly upheld a 2008 law aimed to regulate the industry and limit interest rates to 28 percent, lenders have been able to get around the regulation by registering under other state lending laws. “Our preference is they would pass a bill that would address these measures.

FBI

PYMNTS

JULY 6, 2016

Merrick’s statement detailing his intentions contended that “ the prices of everything we all bought from 1992 to 2008 were higher than they should have been as a result of the unlawful conduct of MasterCard. Capped interchange fees often hit consumers in their pocketbooks as rewards – funded in part by interchange – hit the skids.

Visa

PYMNTS

JUNE 18, 2018

SMBs since the 2008 financial recession. percent increase in shares at mid-cap regional banks and a 12.1 Its latest index for May 2018 found that small business optimism was the highest it’s been since July 1983, and the second-highest in 45 years. May’s reading was also the highest optimism level for U.S.

Small Business

PYMNTS

APRIL 2, 2020

Formed in 2008, Green Goo is a women-owned, family-operated company that started out making organic soaps, hand creams, lip balm and first aid salves for friends and family. She knows what it’s like to talk to a supplier who has product packages in stock but no caps. She’s had cases where credit has turned into requests for cash.

Product

PYMNTS

APRIL 17, 2018

It is undeniable that broadly speaking, the landscape a quarter into 2018 doesn’t bear much resemblance to the crater it resembled by the end of 2008. As a general rule, 45 percent is where bankers tend to like to cap those loans out of concern that accepting ratios higher than that could leave buyers stretched a bit too thin each month.

Non-Bank

PYMNTS

AUGUST 15, 2018

Under California law, there are maximum rates that can be charged on loans up to $2,499, but there is no cap on loans of $2,500 and up. However, when those caps were moved in the 1980s, lawmakers included language in the legislation that noted rates could be found “unconscionable.”

Laws

PYMNTS

AUGUST 19, 2019

Alphabet, with an $800 billion+ market cap, hundreds of millions of active daily users, and stable duology with Facebook for the bulk of web’s advertising revenue has inarguably succeeded since IPO went off 15 years ago today (Aug. 19, 2004). I don’t know what they’re really worth – and you don’t either.

Caps

CB Insights

AUGUST 2, 2017

WeWork surpasses Vornado’s market cap of $17.8B (as of 07/17/17) by over 12%. While the company’s flexible contracts may be ideal for small companies, WeWork would inevitably face trouble leasing their spaces if startups began to dry up or if the real estate market experiences a downturn similar to the 2008 financial crisis.

Caps

CB Insights

NOVEMBER 21, 2017

The 2008 financial crisis caused a lot of people to lose trust in banks as trusted third parties. Bitcoin — also proposed in 2008 — presented something of an alternative. Because of this cap on the number of bitcoins in circulation, which will eventually be reached, bitcoin is inherently resistant to inflation. What is Bitcoin?

Blockchain

PYMNTS

OCTOBER 1, 2018

Last week’s announcements capped off two years of investigation into the P2P lending firm, and its board has expressed some relief that it seems to be time to turn the page on the events of 2016. By 2008, the economy had lurched into crisis mode, and the world of credit suddenly become a very different place. Attorney Alex Tse. “We

P2P

PYMNTS

AUGUST 14, 2018

Most recently, Ohio capped off a 10-year regulatory project two weeks ago, with John Kasich’s signature on a new bill that will close loopholes in 2008 legislation to legally rein in short-term lenders. And national regulations are also moving forward this week, with a win in a U.S.

CFPB

PYMNTS

MAY 9, 2016

Not many companies can lay claim to losing as much value in 12 months as the entire market cap of the world’s largest retailer and still remain standing. Apple has subtracted $234 billion from its market cap – about $20 billion more than Walmart is worth. . With a market cap today of $502 billion, Apple’s clearly no slouch either.

Caps

PYMNTS

NOVEMBER 8, 2017

While there are no volume limits, there are caps on both consumer and business transactions of $26,000, according to FIS. ’s Faster Payments scheme is one of the most well-known, and has seen significant, ongoing growth since its launch in 2008. With the U.K.’s

Real Time Payments

PYMNTS

SEPTEMBER 4, 2018

That was the same year that the regulator officially moved to cap payday loan interest rates and ban rollover loans. Wonga — launched in the wake of the 2008 financial crisis — had its own series of run-ins with the FCA. That action — and the subsequent crackdown — was an inflection point in the U.K.’s

Regulations

Fintech Labs Insights

OCTOBER 1, 2024

In addition, Expensify (founded in 2008), went public in Nov 2021 and was worth nearly $5 billion before falling to its sub-$200 million value now. Challenger of the Month* Meet BILL. Your financial operations platform. 4,800 18 16 Dash.fi (was FunnelDash ) 4 1 Oct 24 2016 Austin $3.7 2,030 reviews, up 60 since July) 2.

Small Business

Fintech Labs Insights

JULY 30, 2024

But as you can see from the chart below, the digital SMB lenders began in earnest during and immediately after the 2007/2008 financial crash. Ten of the 36 largest were started in the 2007 to 2012 period. 1,670 reviews, up 100 since Nov) 18. 792 reviews, up 26 since Nov) 19.

Small Business

Fintech Labs Insights

DECEMBER 23, 2016

At Garanti, Turkey’s largest bank by market cap at $9 billion, Genç (pictured) was in charge of retail banking, private banking, and asset management. ” Genç will replace Manolo Sanchez, who became CEO of BBVA Compass in 2008 and will transition into a new role of non-executive chairman. BBVA announced this week that U.S.

Non-Bank

Fintech Labs Insights

MAY 27, 2025

But as you can see from the chart below, the digital SMB lenders began in earnest during and immediately after the 2007/2008 financial crash. Ten of the 36 largest were started in the 2007 to 2012 period. 879 reviews, up 87 since Sep) 20.

Small Business

Fintech Labs Insights

APRIL 22, 2025

But as you can see from the chart below, the digital SMB lenders began in earnest during and immediately after the 2007/2008 financial crash. Ten of the 36 largest were started in the 2007 to 2012 period. 879 reviews, up 87 since Sep) 20.

Small Business

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. But given it’s position as powering alternative energy lending at the POS, it seemed to be more the former. Full Fintech Unicorn List. values as of 2 Feb 2021). Value Date. 2-feb-2021. United States. Ant Technology. 2018 round. Oct 2020 IPO.

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. But given it’s position as powering alternative energy lending at the POS, it seemed to be more the former. Full Fintech Unicorn List. values as of 2 Feb 2021). Value Date. 2-feb-2021. United States. Ant Technology. 2018 round. Oct 2020 IPO.

FinTech

CB Insights

SEPTEMBER 10, 2019

Jon Stein, a millennial himself, founded the company in 2008. Despite the growing popularity of Robinhood and similar startup platforms, the well-established incumbent E*TRADE still surpasses its younger rivals, with an $11B market cap compared to Robinhood’s $7B. for stock and ETF trades and $0.65 per contract on options trades.

Finance

PYMNTS

AUGUST 21, 2017

In 2012, eBay CEO John Donahoe , who had taken over from Meg Whitman in 2008 , more or less told retailers that “Amazon is your enemy, eBay is your friend” to persuade them to upload their product catalogues to branded eBay storefronts. With a market cap of $37.2 Speaking of online retailers, eBay went all out to court them.

PayPal

Fintech Labs Insights

APRIL 24, 2025

In addition, Expensify (founded in 2008), went public in Nov 2021 and was worth nearly $5 billion before falling to $300 now. In the last eight years, the corporate charge card market has seen the launch of 3 major digital players ( Ramp in 2019, Brex in 2017, and Divvy in 2016) that are already multi-unicorns.

Small Business

Fintech Labs Insights

DECEMBER 1, 2021

Founded: 2008. Market cap: $3.5B ( NASDAQ:EXFY) – Raised $301M ($263 in past 12 months via IPO) ( Crunchbase ). Funding ($M). Visits (Oct ’21). 1,230,000. 1,410,000. Divvy (Bill.com). Articles: 3 (Crunchbase). Linkedin : 17,200 followers. Twitter : 6,790 followers. – 283 reviews) (no reviews on TrustPilot). FAB Score = 305. –

Small Business

Fintech Labs Insights

DECEMBER 1, 2021

Founded: 2008. Market cap: $3.5B ( NASDAQ:EXFY) – Raised $301M ($263 in past 12 months via IPO) ( Crunchbase ). Funding ($M). Visits (Oct ’21). 1,230,000. 1,410,000. Divvy (Bill.com). Articles: 3 (Crunchbase). Linkedin : 17,200 followers. Twitter : 6,790 followers. – 283 reviews) (no reviews on TrustPilot). FAB Score = 305. –

Small Business

CB Insights

DECEMBER 4, 2019

Although Bill Me Later was quickly scooped up by PayPal in 2008, Amazon has remained focused on reducing payment friction for customers. However, this may be because the company is limited on how much capital it can lend without raising bank debt, or may be a strategic decision to keep a cap on growth to avoid regulatory pushback.

Online and Mobile Banking

Fintech Labs Insights

JANUARY 25, 2022

Market cap: $16.8B (25 Jan 2022). Founded: 2008. FinancePal. 25 Jan 2022. 25 Jan 2022. Reconciled. 25 Jan 2022. Burlington, VT. 25 Jan 2022. Charleston, SC. Source: FintechLabs, 25 Jan 2022 using data from Crunchbase, SimilarWeb, SEMrush. *As Challenger Accounting/Bookkeeping Online Providers in the United States. Founded: 2006.

Small Business