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Fintech

FintechNews RoundupUSA
·Feb. 23, 2018

Bank Lending Starts Slow in 2018

Bank lending is once again off to a slow start in 2018, but signs show the slowdown will only be temporary; the recent tax cuts could help to spur more borrowing; interest rate rises on the other hand could hurt companies looking to potentially borrow; as the economy keeps trending positively banks should see lending pick up in the coming months. Source.

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FintechNews RoundupUSA
·May. 1, 2019

A Look at Varo Money’s Road to Becoming a Bank

American Banker sat down with Varo Money CEO Colin Walsh to talk about where the company stands in their quest...
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Fintech
·Jan. 10, 2022

China’s rollout of digital yuan puts pressure on Fed to keep pace

The debut of new mobile wallets ahead of the Winter Olympics in Beijing is an impetus for the Federal Reserve to bring its own central bank digital currency project up to speed.
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FintechUSA
·Jul. 10, 2020

Marqeta is Preparing to Go Public

Payments startup Marqeta is looking to hire investment banks to advise the company on a potential IPO; the company has...
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LatAm
·Mar. 14, 2023

Konfio expands credit line to $227M to lend to SMEs in Mexico

Mexican Konfio upsized its borrowing line with Goldman Sachs and Gramercy as it seeks to increase SME lending in the region.
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Fintech
·Jun. 6, 2022

How the World for Fintechs and Banks Is Shifting Forever

You can be big and diversified or small and hyper-focused, a World Bank report suggests, but life in the middle may not work much longer.
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FintechNews RoundupUSA
·Jun. 10, 2019

Amazon Launches New Credit Card with Synchrony Financial

Amazon has partnered with Synchrony Financial in order to launch the Amazon Credit Builder which targets customers who have no...
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Fintech
·Nov. 2, 2021

Global Fintech Funding for 2021 on Track to Cross $120 Billion

Fintech funding smashes records, raising $31.1 billion across 1,185 deals in Q3 as record adoption fueled the investor flywheel.
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FintechUSA
·Jul. 1, 2020

Chime Launches Credit Builder, a Credit Card That Acts Like a Debit Card

Leading digital bank Chime has launched an innovative new credit card called Credit Builder; surveys have shown that most millennials...
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Fintech
·Jun. 29, 2022

Crypto Fund Three Arrows Ordered to Liquidate by Court

A British Virgin Islands court ordered the liquidation of the cryptocurrency hedge fund after creditors sued it for failure to repay debts.
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