CircleUp facilitates equity investments in consumer good companies; Rory Eakin, Co-Founder and COO of CircleUp discusses how they conduct due diligence, their unique data analysis tool they have built in house and the new debt product they are piloting. Source
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The blog post comes from Chris Burniske who shares the early days of cryptoasset valuation, theory behind cryptoasset valuations and valuing a bandwidth token: INET. Source
There have been many recent launches of digital banks which was a result of regulatory changes in the UK; Metro Bank was the first having launched in 2010, but there are many new names since then; article highlights founders and investors in the space including Eileen Burbidge (Monzo), Sanjeev Gupta (Wyelands Bank), Jonathan Rowland (Redwood Bank), Nick Ogden (ClearBank) and the Pears family (Masthaven Bank). Source
This month the CFPB announced a new rule aimed at payday lenders to prevent debt traps; Lend Academy outlines the new rules put in place and shares perspectives from several organizations in the short term loan space. Source
The article aims to answer whether big banks are still interested enough in potential mortgage loan customers to repeatedly follow-up and whether marketshare has anything to do with follow-ups; author applied for home loans with nine different lenders and shares data on their follow-ups over a two week period; Quicken, Citigroup and loanDepot round out the top three for total number of follow-ups. Source
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Adam Ludwin responds to comments made by Jamie Dimon recently in a lengthy letter; explains his perspective on the market, breaks down his definition of cryptocurrencies and more. Source
Tezos raised $232 million in their initial coin offering; according to sources there is a dispute happening behind the scenes between the two founders (Arthur and Kathleen Breitman) and the president of a Swiss foundation (Johann Gevers); the two founders helped create the foundation to handle the ICO and to develop the Tezos network; the Breitmans made accusations of self-dealing, self-promotion and conflicts of interest against Gevers in a letter to other members of the board; Gevers refutes the claims made by the couple. Source