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Fintech

EuropeFintech
·Aug. 3, 2020

Wirecard Scandal Will Drive Supervision Overhaul

The European Commission’s EVP for Economic Policy, Valdis Dombrovskis, said the Wirecard scandal has helped to galvanize the effort to...
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FintechUSA
·Aug. 3, 2020

House Passes Postal Banking Pilot Program

The House passed an appropriations amendment which included $2mn for a postal banking pilot program; postal banking has gained momentum...
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EuropeFintech
·Aug. 3, 2020

Iwoca Raises £100mn for CBILS Lending

Online small business lender iwoca has raised £100mn to help deliver loans through the CBILS program; the capital came from...
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FintechUSA
·Aug. 3, 2020

Brock Blake on Whether PPP Loans Should Be Forgiven

Writing in Forbes, the CEO of Lendio, Brock Blake, argues that small business loans obtained through the Paycheck Protection Program...
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FintechUSA
·Aug. 3, 2020

Bitcoin Extends Gains for 2020 to 65 Percent

Stock markets have had quite the year in 2020 and bitcoin, which is always volatile, has also had a big...
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Asia/PacEuropeFintechNews RoundupUSA
·Aug. 3, 2020

More News for August 3, 2020

For What Future Are We Building Bitcoin? Working to understand Affirm’s reported IPO pricing hopes State regulator group, others back...
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FintechUSA
·Jul. 31, 2020

Varo Money Officially Secures National Bank Charter

After three long years and more than 5,000 pages of paperwork Varo Money has officially secured a national bank charter;...
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FintechUSA
·Jul. 31, 2020

Affirm Preparing for a Potential Blockbuster IPO

The Wall Street Journal reported late yesterday that Affirm has started to prepare for an IPO that could value the...
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FintechUSA
·Jul. 31, 2020

PayPal Has Best Quarter Since IPO as Digital Payments Take Hold

PayPal broke all sorts of records in the second quarter of 2020 as the acceleration of digital payments continued to...
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EuropeFintech
·Jul. 31, 2020

Monzo Reports £114M Loss With a Bleak Future Outlook

Leading UK digital bank Monzo released its annual report yesterday and the numbers were not pretty; the company reported that...
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