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Fintech

FintechNews Roundup
·Feb. 21, 2017

Used Car Marketplace Beepi Closes Down

Beepi is closing after failed attempts to merge with Fair.com and DGDG; the firm is now working with Sherwood Partners to sell its assets through an assignment for the benefit of creditors process; Beepi provided an innovative online solution for used car sales; sources say the firm was paying exorbitant salaries and benefits for its employees; Sherwood Partners has not provided any details on buyers of the firm's assets however it is reported that Fair.com may be involved.  Source

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FintechNews RoundupUSA
·Jan. 27, 2020

E-Trade Starts Fighting Back as Industry Shifts

E-Trade says they are going on a hiring spree for financial consultants as they look to scoop up all disenfranchised...
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EuropeFintechNews Roundup
·Mar. 20, 2019

Curve Looks Internationally for Further Growth

Curve allows consumers to combine their credit and debit cards into one card and a smart app; the company has...
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Fintech
·Nov. 30, 2021

The cost of trading crypto

I tweeted the other day that my bank received a refund from a retailer but, due to the account being in GBP (UK) and the retailer trading in z? (Poland), the refund lost a lot of value. Over £170 to be exact on a purchase that was for over £2,500. …
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Fintech
·Oct. 29, 2021

Facebook’s Novi Poses Fresh Challenges For Remittances

Currently launched as a pilot, Novi will initially allow users to send money from the US to Guatemala, using the stablecoin digital currency Pax Dollar, which they can hold in a digital wallet and convert into the local currency.
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FintechNews RoundupUSA
·Jan. 22, 2020

A Group of Central Banks Team Up to Study Digital Currencies

The central banks of Britain, Japan, the euro zone, Sweden and Switzerland have teamed up with the Bank for International...
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Fintech
·Feb. 24, 2022

OakNorth works with companies seeking to ease climate change impacts

The trick is in breaking the American economy into many sub-sectors and taking a granular, forward look into the commercial loan book.
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Fintech
·Aug. 5, 2022

Argentinian fintech infrastructure startup Geopagos leaves the boot straps behind with $35M funding round –

Argentinian startup Geopagos serves as a white label infrastructure software provider, aims to give businesses the ability to launch financial services.
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FintechNews Roundup
·Dec. 20, 2017

China’s Blacklist of Debtors

The highest court in China publishes information on their website of those who have failed to repay loans; debtors are unable to fly domestically, use the high speed train system or enroll their children in private schools; individuals also have a number of other restrictions; the ban works by linking a person’s ID number; the list launched in 2013. Source

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FintechNews RoundupReal Estate
·Feb. 9, 2017

Lend Academy Article: Buying, Selling and Financing Homes is Changing

Lend Academy shares details about some of the emerging platforms in the real estate market; new platforms have been providing innovative services to help make real estate transactions easier and make homeownership more affordable; companies mentioned are offering lower down payments and some participate in purchasing equity of the home; new platforms are also significantly reducing the expected transaction time for buying and selling a home.  Source

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