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Fintech

FintechNews RoundupUSA
·Nov. 8, 2017

Chicago Board Options Exchange Endorses Cryptocurrencies

The cryptocurrency space is a space we believe in,” CBOE’s chief operating officer told analysts in a call on Tuesday according to the FT; they also noted that the CBOE is in talks with the CFTC to offer futures on bitcoin; this move follows what the CME said last week that it planned to add bitcoin as well. Source.

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Fintech
·Feb. 25, 2022

VC funding to LatAm spikes to $15.1 billion

Some $29.4 billion were deployed in Latin-American tech startups during 2021, up from a previous record of $16.8 billion.
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FintechNews RoundupUSA
·May. 3, 2018

First New Bank in Massachusetts since 2008

Green Apple Bank & Trust will serve central and western Massachusetts offering retail and commercial services including commercial real estate...
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FintechNews RoundupUSA
·May. 2, 2018

Student Loan Benefits Can Increase Employee Engagement and Retention

A new study by Commonbond shows that employers who offer student loan benefit programs are more likely to keep employees...
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EuropeFintechNews Roundup
·Nov. 27, 2017

UK Online Lenders See Big Opportunity with IFISAs

Innovative Finance Individual Savings Accounts or IFISAs has the potential to see millions pour into UK P2P lenders from retail investors; Samir Desai, CEO of Funding Circle, tells the FT, “We have done lots of surveys and a huge proportion of the base told us they would like to put all of the money they invest with us through the ISA.”; the IFISAs were approved in April 2016 but the big P2P lenders in the UK have just started to offer them. Source.

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Fintech
·Apr. 18, 2023

Greenlight study shows why most bank financial literacy programs fail

While most banks have some type of financial education strategy, few customers realize it, results of a study by Greenlight reveal.
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FintechNews Roundup
·Apr. 17, 2018

Yirendai and Hexindai Rise in China’s P2P Lending Market

China’s regulators have imposed extra cost and forced some emerging p2p lenders out of business as they look to eliminate problematic and fraudulent companies; Sara Hsu of Forbes sat down with Yihan Fang of Yirendai, and with Johnson Zhang of Hexindai at LendIt Fintech USA 2018 to discuss the current states of p2p lending in China. Source.

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Fintech
·Jan. 14, 2022

Nubank to list shares in Mexico

Brazilian digital bank will trade on the BIVA through the SIC after a $2.6 bln IPO on the NYSE in December
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Fintech
·Jun. 24, 2022

Startup mexicana Verqor, de crédito rural, recebe aporte de US$ 2,5 milhões

Rodada de investimento foi liderada pela SP Ventures; meta é ampliar concessão de crédito, que deve chegar a US$ 9 milhões já neste ano...
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FintechNews RoundupNorth America
·Mar. 29, 2017

TD Bank and Moven Broaden Terms of Exclusivity Agreement

Moven has agreed to extend its exclusivity rights with TD Bank in Canada for another five years and broaden the agreement to the US; the exclusivity rights in the US are likely to result in a US launch of the partnership's money management tool, the MySpend app, which allows users to track spending and receive notifications; expansion of the white label app from Brett King's Moven is expected to add significant value for the fintech firm.  Source

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