Tagged: timothy li

OnDeck Pairs with Enova: Fintech Consolidation Expected to Continue

Earlier this week, OnDeck (NYSE:ONDK) announced it was being acquired. For months, there had been rumors circulating that OnDeck had put itself up for sale. During Q1, OnDeck CEO Noah Breslow said during its earnings call that OnDeck was working with its board of directors… Read More

Fintech Service Alchemy Now Offers White Labeled Line of Credit Platform

Alchemy is now offering a white-label, customizable line of credit platform available for Fintechs, banks, and other financial services firms. Alchemy explains that the line of credit product differs from the traditional installment loans in several ways. Most importantly, the open-ended nature of the product… Read More

Fintech Alchemy Technologies Launches “Hybrid” Branch and Lending Platform

Alchemy Technologies has launched a new “hybrid” branch and mobile lending platform, according to a company release. Said to combine brick and mortar operations and an online lending experience under one solution, Alchemy reports that it worked with major financial services firms on the product…. Read More

Fintech Alchemy Tops $100 Million Loans Facilitated via White Label Platform

Alchemy, a Fintech that provides customizable, out of the box lending white label software, has topped $100 million in loans facilitated by the platform. The news was revealed in a blog post today by the company. Alchemy caters to both traditional banks and newer Fintechs… Read More

Lendit Fintech Digital – First Impressions

Hello everyone, my last series on the Latin American Fintech revolution was inspired by LendIt Latam conference hosted in Miami back at the beginning of 2020. The Fintech world was abuzz with new ideas, innovation, and of course new territories to explore. Fast forward four… Read More

Alchemy Teams Up With Skeps to Build Fintech Infrastructure Ecosystem With Blockchain Technology

Fintech infrastructure development company Alchemy Technologies announced on Wednesday it has formed a new partnership with Skeps, a decentralized marketplace for consumer loans. Alchemy reported that though the partnership it will create a fintech infrastructure ecosystem with blockchain technology. According to Alchemy, Skeps’ platform enables… Read More

Alchemy Appoints Former Liberty Lending CEO Walt Ramsey to Advisory Board

Fintech infrastructure development company Alchemy Technologies announced on Tuesday it appointed former Liberty Lending CEO Walt Ramsey to its Advisory Board. According to Alchemy, Ramsey held various senior leadership as well as executive position at JPMorgan Chase, Lloyds Bank, Experian, GE Consumer Finance, Associates (Acquired by Citigroup) as… Read More

Fintech AI Firm MaxDecisions Hires Bernard Guerrero

MaxDecisions, a Fintech A.I. and machine learning analytics company, has hired Bernard Guerrero as Vice President of Decision Sciences to further expand analytical products and offerings. MaxDecisions is an analytical company utilizing the power of machine learning and artificial intelligence software to assist specialty financing… Read More

FinnoSummit Latam Fintech Revolution: The Battle of the Latin America Fintech Startups!

Part 7 of a series of articles covering the fast-emerging Fintech ecosystem in Latin America. First I want to thank FinnoSummit and LendIt and all the attendees to give us a glimpse of what’s coming to this all so important part of the world, Latin… Read More

FinnoSummit Latam Fintech Revolution: AI Driven Compliance and Servicing Coming to Latin America Fintech

Part 6 of a series of articles covering the fast-emerging Fintech ecosystem in Latin America. When we look at Latin America’s Fintech scene, it conjures up memories of the U.S. Fintech evolution that took place during the past decade. Or perhaps, the past decade and… Read More

FinnoSummit LatAm Fintech Revolution Part 5: Non-Fintechs becoming Fintechs

Part 5 of a series of articles covering the fast-emerging Fintech ecosystem in Latin America. Technology is often the driver for massive social and economic change. We’ve seen this play out in North America, Asia, Africa and Europe. Particularly in Asia and Africa, the pervasiveness… Read More

FinnoSummit LatAm Fintech Revolution Part 4: LatAm Digital Transformation and Open Banking

Part 4 of a series of articles covering the fast-emerging Fintech ecosystem in Latin America. During the inaugural FinnoSummit addressing innovations in financial services in Latin America (LatAm), the speaker and audiences settled on a big issue; infrastructure and digital transformation. Most of the Latin… Read More

LatAm Fintech Revolution Part 3: Hunting for the Next LatAm Unicorn. Fintech Investments are Glowing Red Hot!

Whenever there’s opportunity, the money flows. There’s no exception here to a 400 million people market. Latin America is the next fertile ground for homegrown venture capitalists and international money when it comes to Fintech. U.S. and international VCs are on the hunt for the… Read More

The Top Ten Fintech Predictions for 2020

To my Fintech friends, this is my 4th annual “Top Ten” Fintech prediction. I started this tradition at Crowdfund Insider back in January 2017. As we are saying goodbye to an incredible Fintech year of 2019, I see another seismic change in 2020 for our… Read More

FinnoSummit: LatAm Fintech Revolution – Banking as a Service

Part 2 of a series of articles covering the fast-emerging Fintech ecosystem in Latin America. As sessions continue at the inaugural FinnoSummit by LendIt Fintech in December, I find myself in a fully packed, standing room only hall buzzing with investors and entrepreneurs. The excitement… Read More

FinnoSummit Miami: LatAm Fintech Revolution Part 1 – Death of Point of Sale Terminals and the Rise of Mobile

After an eight hour journey with a stop in Dallas, I arrived early Monday morning (Dec 2nd, 2019) in Miami, a city with many faces. I sprung up early next morning and walked straight into Keynote sessions at the FinnoSummit by LendIt Fintech. As many… Read More

Alchemy Technologies Partners with Plaid for Improved Lending Decisions

Alchemy Technologies, a Fintech infrastructure company providing online lending tools and platforms, has formed a partnership with Plaid – a company that creates tech to connect traditional finance with modern Fintech services. Alchemy will be providing Plaid with a service to support account and asset… Read More

Dateline Dallas: Lend360 – A Year of Fintech Mergers and Acquisitions

Initial Thoughts Every year, thousands of finance professionals from banks, credit unions, specialty financing companies and Fintech companies converge at Lend360. It’s an annual pilgrimage where decision-makers in the financing sector come together to learn from each other and plan ahead for the new year…. Read More

Fintech Alchemy Technology Forms JV with Meratas – an Income Share Company

Meratas Inc. an “Income Share Agreement” (ISA) development company has formed a joint venture with Alchemy Technology, a provider of turn-key online lending systems. Meratas works with schools and other training courses to provide ISA programs. Darius Goldman, founder and CEO of Meratas, says their… Read More

Equifax Partners with Alchemy Technology on White Label Lending Solution to Accelerate Fintech Adoption

Equifax (NYSE:EFX) and Alchemy Technology have inked a new partnership to help banks and “specialty finance firms” as well as Fintechs accelerate their development with a white label lending solution. According to a release, Alchemy will provide the nuts and bolts lending software while Equifax… Read More

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