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Fintech

·May. 20, 2022

Argentina launches fintech innovation hub

Argentina's market regulator launched a fintech innovation hub, a likely first step toward issuing cryptocurrency and fintech regulation.

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Fintech News Roundup USA

·Jan. 4, 2018

VCs Interested in Funding Companies Looking to Improve Outdated Financial Systems

An article in Tearsheet discusses how VCs are more interested in funding companies looking to improving legacy financial systems; Patricia Kemp, partner at Oak HC/FT responded to a comment about the prospects of consumer facing fintech in 2018 stating, “The largest category of successful fintech are the ones that are helping the banks get there.”; while there are still opportunities for new consumer solutions, it is just as important to innovate on back-end systems. Source

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Fintech News Roundup

·Jan. 24, 2020

More News for January 24th, 2020

Fintechs are struggling with consumer adoption in the UK Watch CNBC’s full Davos interview with PayPal CEO Dan Schulman CoinDesk...

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Fintech News Roundup

·Apr. 6, 2017

CB Insights on Wealthtech Exits

CB Insights details wealthtech exits from 2012 reporting a total of 29 exits with 28 mergers or acquisitions and one IPO from Yodlee; during the sample timeframe, TradeKing was active in the wealthtech market acquiring Zecco, GAIN Capital Securities, TraderOS and MB Trading before being acquired by Ally Financial; also active in wealthtech deals has been Envestnet who has acquired Yodlee, Wheelhouse Analytics, Finance Logix and Upside. Source

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Fintech News Roundup USA

·Nov. 20, 2017

PayPal Moving into Robo Investing with Acorns

PayPal is connecting with Acorns, an automated savings/investing platform; users will be able to contribute and manage their account from the PayPal app; the first users will get access today which will expand access to all US users by early 2018; PayPal previously has invested in Acorns, leading a $30 million round. Source

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Fintech News Roundup USA

·Feb. 5, 2018

Lend Academy Podcast: Matt Hollender of NetCredit

The head of NetCredit, a division of Enova, talks about their underwriting, bank partnerships, the human touch in credit and more. Source

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Fintech News Roundup USA

·Feb. 15, 2019

U.S. Fintech Unicorns Valued at $147 Billion

Last year was a record year for fintech funding with VC-backed fintech companies raising close to $40 billion globally; there...

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Fintech

·Aug. 8, 2022

Are subprime consumer lenders headed for a reckoning?

Late-payment rates are rising at nonbanks that lend to people with lower credit scores. "We're probably entering a stretch where you're going to see a separation between those that are relatively good underwriters and those that are not," one analyst said.

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