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Fintech

FintechNews RoundupUSA
·Apr. 8, 2020

Colchis Capital Shutting Down Main Funds

Reuters reports that Colchis Capital Management, a major player in investing in online direct lending platforms is winding down its...
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FintechNews RoundupUSA
·Apr. 8, 2020

SBA Computer Issues Holding Up Small Business Loans

Small businesses are eager to get assistance from the $349 billion lending program for small businesses; it appears that businesses...
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FintechNews RoundupUSA
·Apr. 8, 2020

Online lenders Begin Feeling the Stress

Online lenders are feeling the pressure from borrowers and investors alike; consumers are starting to lose their jobs and companies...
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FintechNews RoundupUSA
·Apr. 8, 2020

Investors Talk Fintech Winners and Losers from the Crisis

Business Insider reached out to Bail Capital Ventures, DRW Venture Capital, Edison Partners, Jump Capital, RBC, and Rosenblatt Securities to...
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FintechNews RoundupUSA
·Apr. 8, 2020

Customers Bank Partners with OakNorth to Analyze Loan Portfolio Amid COVID-19

Customers Bancorp which has $11.5 billion in assets is working with OakNorth to help monitor their loan portfolio; OakNorth will...
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FintechNews RoundupUSA
·Apr. 8, 2020

Supply and Demand for Online Consumer Loans Plummets

Loan comparison fintech Monevo says demand for online consumer loans has dropped by almost 40 percent; this coupled with the...
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FintechNews RoundupUSA
·Apr. 8, 2020

New Platform Aims to Kickstart Angel Ecosystem in Europe

Blossom Capital’s Ophelia Brown has created what is described as the first of its kind investor platform for angel investors;...
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FintechNews RoundupUSA
·Apr. 8, 2020

My Quarterly Marketplace Lending Results – Q4 2019

Every quarter, LendIt co-founder Peter Renton shares his marketplace lending returns; in this blog post he shares his Q4 2019...
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FintechNews Roundup
·Apr. 8, 2020

More News for April 8th, 2020

Behind new challenger bank HMBradley’s launch with Zach Bruhnke Securitization platform Cadence surpasses $125M deal volume and raises $4M Privitar...
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FintechNews RoundupUSA
·Apr. 7, 2020

SoFi to Acquire Galileo Financial Technologies in $1.2 Billion Deal

SoFi has announced their plans to acquire Galileo Financial Technologies for $1.2 billion in cash and stock; Galileo allows companies...
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