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Fintech

SEC Regulation
Regulation
·Sep. 16, 2021

Senate banking hearing grills Gensler on SEC regs, crypto, retail investing, and more

Gensler said his biggest worry about the equity market was competition and consolidation. While retail investing has taken off, the PFOF that enables it is ripe for conflict of interest.

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Fintech
·Sep. 16, 2021

Welcome to the LendIt Fintech Daily Global newsletter

We’ve been working behind the scenes and under the hood of the various engines that drive our newsletters this week....
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Goldman Buy Now Pay Later
Mergers & Acquisitions
·Sep. 15, 2021

Another one Buys Now Pays Later: Goldman acquires GreenSky

Wednesday morning Goldman Sachs, not looking to be left behind, announced it would be acquiring GreenSky for $2.24 billion.

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Pay with Cash App
Payments
·Sep. 14, 2021

Square announces Pay With Cash App

The firm joins Shopify and Paypal in the burgeoning fintech payments race.

 

The new system is unique, creating a closed network outside of the giants that make POS possible.

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Bull statue on Wall Street
Crypto
·Sep. 13, 2021

Walmart-Litecoin partnership news release pure bull

The Walmart Litecoin fake post brought the coin price from $175 up to $231.

 

Someone, or a group of people, likely made a lot of money on a pump and dump. According to Coinmarketcap, the coin's trading volume tripled from $2.4 billion to $6.3 billion in the hour after the article went live.

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FintechNews
·Sep. 9, 2021

Embedded finance growth will be exponential, experts tell LendIt TV

Three embedded finance experts joined the Lendit TV live session on Tuesday afternoon to advise firms looking to onboard Credit Card Offerings. 

 

The embedded finance gig is booming, with everyone from Plaid to Cross River, and giants like Apple, Amazon, Paypal, and Google offering some form of payment option.

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Fintech
·Sep. 9, 2021

Varo Bank closes on $510M Series E

The company has tripled its revenue and added new products like the Varo Advance personal credit advance announced in October last year.

 

The product lets users get small amounts of credit, starting from a feeless $20.

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PitchIt Fintech Startups Podcast
·Sep. 8, 2021

PitchIt Podcast #19: Emmalyn Shaw of Flourish

In episode 19 of PitchIt: the fintech startups podcast we talk with Emmalyn Shaw of Flourish. With 18 founders under...
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picture of a crystal ball
Fintech
·Sep. 7, 2021

What fintech will look like in 2030

Back in June, Plaid CEO Zachary Perret asked simply, "What do you think financial services will be like in 2030?"

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Founders of Jeeves, Sherwin Ghandi (left), and Dileep of Thazhamon (right).
Fintech
·Sep. 2, 2021

Jeeves Cross Border Corporate Card Fintech gets $57M Series B

Founded after incubating in the Y combinator class of 2019, Jeeves is a cross-boarder card and payments company aiming to slash fees for startups that operate over multiple borders.

 

As a company founded as completely remote, Jeeves has employees all over the world and understands the issues that come with it.

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