2012 Caps Origination 
Finextra
JUNE 21, 2025
This merchant-friendly approach fueled growth, and by 2012 the company rebranded as Harbortouch to emphasize its point-of-sale (POS) solutions alongside payment services. This leadership transition caps a remarkable evolution: from a basement startup to a publicly traded, multi-billion dollar fintech with international ambitions.
PYMNTS
MARCH 2, 2020
As far as we can tell, the origin of the quote is from a 2012 Fortune article, with the author writing: “ A favorite Bezos aphorism is “Your margin is my opportunity.” . A trillion-dollar market cap later, it’s hard to argue Amazon’s effectiveness, quote attribution notwithstanding.
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Electronic Payments Coalition
MARCH 26, 2024
merchants, more than 90 percent of which are small businesses, lowering credit interchange rates and capping those rates into 2030. The agreement will cap the reduced credit interchange rates for five years, providing an unprecedented level of cost certainty long sought by merchants. merchants, comprised largely of small businesses.
CB Insights
OCTOBER 29, 2018
Date: March 21, 2012. Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, Date: 2012. By 2012, Microsoft would take a $6.2B Zynga and OMGPOP. Price: $210M. Caterpillar and ERA. Price: $677M.
PYMNTS
OCTOBER 1, 2018
The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. Attorney Alex Tse. “We The Response.
Fintech Labs Insights
JULY 30, 2024
Ten of the 36 largest were started in the 2007 to 2012 period. Lendio FAB Score = 124 (up 16) – HQ: Salt Lake City, Utah – Founded: 2011 (originally founded in 2006 as FundingUtah). 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.
PYMNTS
AUGUST 21, 2017
Over Labor Day weekend in 1995, Pierre Omidyar wrote the original code in his living room for the company that would later become known as eBay. And eBay’s operating margins seem headed in the wrong direction, too: down from a high of 50 percent in 2012 to 38 percent in 2016 to 20.5 With a market cap of $37.2
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