2014 Caps Origination 
Finextra
JUNE 6, 2025
Market Disruption and New Entrants The landscape began shifting about a decade ago with new fintech challengers like Thought Machine (2014) and 10x Banking (2016) entering the market, promising more modern, cloud-native solutions to challenge the established players. billion in 2017 to $1.85 billion (2023).
PYMNTS
JANUARY 9, 2017
The original concept behind the program was to test and drive sales post-morning rush, while featuring items like wine, beer and specialty food, like bacon-wrapped dates. In 2014, the company announced that it had plans to sell alcohol at thousands of stores. But that last call isn’t hard and fast. billion.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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.
PYMNTS
MAY 2, 2017
That brings the total value of federal loans originated by financial institutions (FFEL) and the DoE in default at $137.4 More telling, according to market watchers, is how Cap One is explaining the apparent weakness. But Cap One isn’t the only issuer experience a sudden spike in losses. Department of Education [DoE]), 1.1
PYMNTS
JULY 27, 2016
2014, which raised $25 billion to become the largest global IPO ever, investors couldn’t wait to get their hands on the stock, sending it skyrocketing from its IPO price of $68 to open at $92.70 14, 2014), as Alibaba closed the day at $83.59 That’s nearly $10 less than its opening price two years ago, despite a market cap of $202.76
CB Insights
SEPTEMBER 10, 2019
Simple, an early contender founded in 2009, floundered following its 2011 launch before ultimately being bought by Spanish banking giant BBVA in 2014. Originally launched in 2015, Qapital has raised $51M in funding to date and gained roughly 420,000 users, who have reportedly saved nearly $500M. As of 2018, the app had 3.7M
CB Insights
OCTOBER 29, 2018
Date: April 25, 2014. Ballmer led Microsoft’s purchase of Nokia for over $7B in a deal finalized in 2014. Date: January 13, 2014. In 2014, Google sought to make an entrance into smart homes by acquiring Nest Labs, a four-year-old startup founded by two ex-Apple engineers, Tony Fadell and Matt Rogers. Price: $3.2B.
Expert insights. Personalized for you.
52 
Let's personalize your content