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Fintech

Asia/PacFintechNews Roundup
·Nov. 21, 2016

Alibaba’s Ant Financial Offers Opportunity for Widespread Fintech Industry Growth

At a financial forum in Shanghai, Jack Ma of Alibaba expressed his support for fintech innovation in digital banking that could further help China's inclusive finance efforts; the holding company founder's comments were centered around the capabilities of its affiliate Ant Financial, which offers a range of digital banking services; Jack Ma said capabilities from the platform could help other fintech firms to increase their financial inclusion business efforts; "We would like to entirely share with partners our capability of data collection and data processing to jointly develop the inclusive financial system," said Jack Ma; as a proponent for financial inclusion and fintech industry growth Jack Ma also said Ant Financial was a leading fintech market platform capable of partnering with other fintech companies for overall industry expansion.  Source

 

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FintechNews Roundup
·Feb. 3, 2020

More News for February 3rd, 2020

Banks and fund managers come back for another bite at bitcoin Mintos sees 300% lending growth in 2019 Nutmeg reportedly...
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FintechNews Roundup
·Feb. 7, 2018

Announcements & Releases for February 7, 2018

  • Ohpen Raises $31 Million to Support Global Expansion
  • Trunomi Closes $3.5 Million Round from CloudScale Capital
  • Renaud Laplanche Joins LendItFintech USA 2018 As Keynote Speaker
  • LendingTree Personal Loan Offers Report – January 2018
  • Movement Mortgage Implements CompenSafe to Automate LO Compensation
  • Senmiao Technologies Proposes Terms For $14 Million U.S. IPO
  • Winklevoss Brothers on Bitcoin Price, Cryptocurrency Regulation (Video)
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FintechNews RoundupUSA
·Apr. 2, 2018

GDP Revised Upwards, Regulatory Updates and Citi Builds out Digital Bank

This week’s PeerIQ Industry Update covers the upwards revision of U.S. GDP growth to 2.9 percent from 2.5 percent; they provide a sneak peek into the PeerIQ Credit Facility Management Suite; Prosper announced 2017 results, former Avant founder John Sun raised $15mn for a new startup and the Arizona AG helped start the first fintech sandbox in a U.S. state in Arizona; Citi is building out their mobile app as the push by incumbent banks into digital becomes bigger. Source.

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Fintech
·May. 3, 2022

Fintech Point Raises $115 Million Series C, Will Boost Home Equity Platform

Point has raised $115 million in Series C funding in a round led by WestCap.Existing investors also participated in the round including; Andreessen Horowitz,...
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FintechNews Roundup
·Nov. 9, 2017

More Billionaires with Chinese Fintech IPOs

PPDAI plans for an IPO this month and co-founder Shaofeng Gu owns more than 25% of the business; Ning Tang of Yirendai, a US listed public company, owns 36% of the company; This year three Chinese fintech companies have gone public, raising $2.45 billion; Bloomberg provides data on the rise of the wealthiest billionaires in China. Source

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Fintech
·Jan. 26, 2022

Fintech Modulr Approved for EMI License

Fintech Modulr Approved for EMI License. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
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FintechNews Roundup
·Nov. 18, 2016

CoinDesk Reports on the Market for Blockchain

In its Q3 2016 State of Blockchain report, CoinDesk provides insights on blockchain; says blockchain investment is decreasing however significant development efforts continue to occur primarily from major banks and stock exchanges; report also says interest in blockchain from central banks is likely to continue.  Source

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EuropeFintechNews Roundup
·Apr. 17, 2020

Santander Launches Money Transfer Fintech to Compete with TransferWise

Santander has launched a new money transfer business to take on the likes of TransferWise; PagoFX was created after Santander...
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Fintech
·Feb. 15, 2022

Unfair lending with AI? Don’t point just at us, fintechs and online lenders say

Banks and companies that use artificial intelligence to make loans agree with regulators that it should be tested for fairness. But they also say traditional loans could be just as biased.
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