Stax

NOVEMBER 8, 2023

This figure used to be 24% in 2015 which makes it evidently clear that card usage is on the rise. Card brands fix flat-rate assessment fees based on the monthly sales volume via credit and debit cards. Even if surcharge rates are capped at 3% in the US, surcharging can be a boon for small businesses.

Process 88

Process Credit Cards Debit Card Processors 88

PYMNTS

APRIL 28, 2016

In another example, the small firm VersaPay, which sports a market cap of $28 million and operates in the cloud with accounts receivable and invoice management, stated that the fourth quarter results for 2015 showed revenues of $1.4 The stock was up 6 percent by the close of market on Wednesday, with a $4.03

Adjustments 40

Adjustments Payments On-Demand Caps 40

PYMNTS

MARCH 14, 2017

The market cap sat at just over $407.5 Back in 2015, the company launched its Prime Now service in Bangalore , which included some restricted and hyperlocal grocery delivery. percent of its clothing on Amazon — double the online millennial purchase volume of runner-up Nordstrom. percent from Friday’s close.

Caps 40

Caps P2P Continuity Volume 40

PYMNTS

OCTOBER 1, 2018

The DOJ further alleged that LendingClub made the loans to bolster its underwriting figures so that it could make monthly loan volume goals. 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.

P2P 54

P2P Origination Underwriting Returns 54

PYMNTS

DECEMBER 12, 2016

At $606 billion in total annual sales (those are 2015 numbers), spending at grocery stores for food eaten at home accounts for 7.1 Amazon’s become the largest retailer by market cap with its 300 million customer base by capturing a very small percentage of overall retail sales but big shares in certain categories — by doing exactly that.

Consumer 80

Consumer CHIPS Accounts Innovation 80

CB Insights

SEPTEMBER 10, 2019

Originally launched in 2015, Qapital has raised $51M in funding to date and gained roughly 420,000 users, who have reportedly saved nearly $500M. Goldman Sachs and BlackRock have both acquired robo-advising startups Honest Dollar and FutureAdvisor, respectively, and Charles Schwab launched its robo-advisor product in 2015.

Finance 77

Finance Online and Mobile Banking Micro-Entry Advisors 77

PYMNTS

MAY 2, 2017

billion — a 14 percent increase from 2015. 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 million new loans slid into default last year.

Consumer 41

Consumer Caps Issuers Risk 41

PYMNTS

JUNE 17, 2016

It has lost more than 80 percent of its market cap since its late December 2014 IPO. million personal-loan solicitations in July 2015. That’s PayPal , which was started almost 20 years ago, has a market cap of close to $50 billion, and operates a global payments business with hundreds of millions of users.

Bitcoin 45

Bitcoin Blockchain Online and Mobile Banking Caps 45

CB Insights

MARCH 2, 2018

in market cap. Both companies can afford to spend aggressively on expansion as their stocks have soared — market caps sit at $720B for Amazon and $483B for Alibaba. Analyzing Amazon’s quarterly earnings, it is clear that India is a top priority, as the country was mentioned 59 times from 2015 – 2017.

On-Demand 68

On-Demand Acquirers Product Continuity 68

PYMNTS

APRIL 17, 2017

So, while McKelvey lost out on that $2,000 sale — he and his (friend) and Co-Founder Jack Dorsey — the founder of Twitter — did end up with a $17 billion idea (Square’s market cap at the time this piece went to press). That churn, and low volume, which also came with a big dose of chargebacks, raised red flags for many. loss last year.

Push-to-Card 44

Push-to-Card Debit Card Online and Mobile Banking EMV 44

PYMNTS

MAY 4, 2017

Square’s gross payments volume — the amount of transactions the company facilitates — was also on the rise, increasing 33 percent to $13.6 As of today — Square’s stock price has doubled the Square $9 per share it was worth at the end of its 2015 IPO. Losses per share also came in much lower than expected — net losses narrowed to $15.1

Adjustments 40

Adjustments Facilitators Caps Continuity 40

Nanonets

SEPTEMBER 17, 2024

This is usually done to train more capable VLMs for other tasks Variations of above mentioned applications can be used in medical, industrial, educational, finance, e-commerce and many other domains where there are large volumes of images and texts to work with. There are broadly two categories of datasets for VLMs.

Best Practices 97

Best Practices Adjustments Research Assessments 97

PYMNTS

JULY 23, 2016

Sales volume this Prime Day over last, rose 60 and 50 percent, respectively, worldwide and in the U.S. million units sold in the second quarter of 2015 to 3.5 million in the same quarter of 2015. That clocks out to 51 million products, including 2 million toys, 1 million pairs of shoes, 90,000+ TVs, and 200,000 headphones.

Payments 42

Payments On-Demand Rules Caps 42

PYMNTS

MAY 10, 2016

Contactless volume could also expand once spending limits increase, as well. market in July 2015 and March 2016, respectively. Why that’s music to the issuers’ ears potentially is related to the cap on interchange fees for credit and debit products. The not-so-obvious factor is a concern over security.

P2P 44

P2P Contactless Payments Payments Emerging Payments 44

PYMNTS

JULY 27, 2016

That’s nearly $10 less than its opening price two years ago, despite a market cap of $202.76 That’s a hefty goal, which Ma unveiled for the first time at the company’s first-ever Investor Day as a public company on June 14 at Alibaba’s headquarters in Hangzhou, China. But is Ma’s latest ambitious plan for Alibaba simply too much too fast?

NOV 40

NOV Caps On-Demand Product 40

CB Insights

DECEMBER 4, 2019

The company announced it would pass on the special card savings Amazon gets from card networks (because of the volume of purchases they can guarantee) to retailers that adopt Amazon Pay. But in October 2015, the company announced it would be shut down. Amazon Allowance: A kid-friendly solution. in 2017 and 2.6%

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

PYMNTS

AUGUST 6, 2018

In 2015, Grubhub extended its model and stepped into the delivery business, first through the acquisitions of local platforms that both enabled online ordering and offered delivery services and later through the expansion of their own delivery capabilities — recruiting drivers and building out tools to support the delivery side of their business.

Mobile Payments 50

Mobile Payments Consumer Point-of-Sale (POS) Volume 50

Fintech Labs Insights

MAY 18, 2016

While LendingClub is still a unicorn (market cap = $1.5 billion today), the loss of 7 or 8 unicorns worth of market cap in the past 12 months is unsettling. Less volume going through the LC platform means more loan demand for other players. What does this mean for the future of P2P lending? That is probably true for U.S.

FinTech 20

FinTech P2P Caps Returns 20

CB Insights

OCTOBER 29, 2018

In 2015, the acquisition was written down for $7.6B. By 2015, however, Tumblr was still failing to turn a profit. During 2014 and 2015, sizable chunks of the Sears business were sold off, including Lands’ End and the company’s stake in Sears Canada. Google and Nest. Date: January 13, 2014. Price: $3.2B.

Acquirers 76

Acquirers Online and Mobile Banking Non-Bank Innovation 76

Fintech Labs Insights

DECEMBER 15, 2021

Companies with a significant volume of credit/debit card payments rely heavily on payment processors to keep them afloat. Market cap: $82B (15 Dec 2021). Went public Nov 2015 (NYSE:SQ) at $2.9B Market cap: $80.2B (15 Dec 2021). Founded: 2015. SMB market for third-party solutions. 33,200,000. 35,200,000.

Small Business 15

Small Business Processors NOV Digital Payments 15

PYMNTS

APRIL 4, 2016

Six years and an expanding inventory of cars and price points later, Uber’s platform has a market cap of $70 billion, more than 1 million drivers across 400 cities worldwide who’ve delivered a 1 billion rides – and the first instance of what we now call “invisible” payments in the offline world. But it appears to be a lot more than messaging.

Credential 49

Credential Consumer Use Case Accounts 49

Fintech Labs Insights

JUNE 29, 2023

Companies with a significant volume of credit/debit card payments rely heavily on payment processors to keep them afloat. Block/Square FAB Score = 5,130 (up 600) – HQ: San Francisco – Founded: 2009 – Went public Nov 2015 ( NYSE:SQ ) at $2.9B all prior to 2021 ( Crunchbase ) – Market cap: $48.6B (29 June 2023) – Revenues: $7.4B

Small Business 15

Small Business Processors Digital Payments Online and Mobile Banking 15

PYMNTS

AUGUST 21, 2017

eBay also spun out eBay Enterprise in 2015.) With a market cap of $37.2 Yet eBay’s marketplace problem had been largely masked by the performance of the entire portfolio of businesses that eBay had bought and had been built up over the years — PayPal and StubHub in particular. percent year to date, eBay’s seen gains of only 18.7

PayPal 51

PayPal Push-to-Card Consumer Acquirers 51

Fintech Labs Insights

AUGUST 22, 2024

QuickFi : Reported a 45% increase in loan volume. Fall 2015 (New York): Blockstack.io (acquired by BluLive): Blockchain platform for decentralized apps, rebranded to emphasize its broad ecosystem. Finovate is currently an advertiser on this site. seed round in Oct 2023 from 8 investors including YC and a16z (scout fund).

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15

PYMNTS

DECEMBER 10, 2018

Creating a product that pulled funds from depository accounts at other issuers and was accepted at any Mastercard-accepting merchant gave Cap One something new to offer consumers – and a new business model around which to build rewards to get consumers on board. Decoupled debit accounts for very little of ACH volume.

ACH 73

ACH Credential Push-to-Card Breach 73

PYMNTS

MAY 13, 2016

The program, which was piloted in August 2015, is available to SMBs with short-term cash needs who have also been Wells Fargo customers for at least a year. Visa Europe reported this week that more than 3 billion contactless transactions have been made Europe-wide over the last year – a tripling in volume. Imagine that.

Chip Cards 40

Chip Cards CHIPS Cybersecurity Caps 40

CB Insights

OCTOBER 16, 2018

The online bookseller didn’t turn a profit for six years — today, it’s the second publicly traded company ever to hit a $1T market cap. 2015: Don’t deliberate over easily reversible decisions. 2015: Don’t deliberate over easily reversible decisions. GET THE 64-PAGE AMAZON strategy REPORT.

Innovation 78

Innovation Product Risk Technology 78

Fintech News

MARCH 23, 2025

Government-led initiatives like Startup India (2015) have provided tax incentives, funding programs, and incubation support, fostering a thriving ecosystem. On December 2021 , Razorpay had processed USD $60 billion in total payment volume (TPV), with a goal to hit USD $90 billion by the end of 2022.

FinTech 73

FinTech Push-to-Card Online and Mobile Banking Credit Cards 73

PYMNTS

NOVEMBER 14, 2016

Investors in bitcoin, Sunnarborg told Webster, have enjoyed a rapid appreciation from $230 when Lawnmower launched in April 2015 to north of $700 today. Yes, said Sunnaborg, “there is probably about 90 percent plus mining concentration in China … and a lot of trading volume is also concentrated in China.”

Bitcoin 82

Bitcoin Cryptocurrency Caps Blockchain 82

PYMNTS

JANUARY 23, 2017

Given that Amazon is presently the largest retailer in the world (by market cap), represents 30–50 percent of all purchases made online in the U.S. Wells also reported that the holiday season boosted card-based spending, with the bank noting record monthly purchase volume, growing 8 percent from Dec.

Online and Mobile Banking 43

Online and Mobile Banking Volume Enrollments Caps 43

PYMNTS

OCTOBER 9, 2017

Instead of the merchant crowd making the trip to buy things at volume to resell in their shops, buyers were mostly tourists — taking in the sights and buying as many things as their luggage and bank accounts would permit. Sellers began vigorously competing on price and merchandising. Amazon and Whole Foods, though, are just getting started.

Rules 51

Rules Online and Mobile Banking Consumer Product 51

PYMNTS

OCTOBER 9, 2017

Instead of the merchant crowd making the trip to buy things at volume to resell in their shops, buyers were mostly tourists — taking in the sights and buying as many things as their luggage and bank accounts would permit. Sellers began vigorously competing on price and merchandising. Amazon and Whole Foods, though, are just getting started.

Rules 44

Rules Online and Mobile Banking Consumer Product 44