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FintechUSA
·Jul. 29, 2020

Oportun Capping Rates at 36% and Pausing Collections

Oportun is making some changes in response to the pandemic; they have decided to dismiss all pending collections cases as...
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FintechUSA
·Jul. 29, 2020

True Link Financial Raises $35mn Series B Round

True Link Financial provides financial services to the elderly, disabled people and those who are recovering from addiction; the company...
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EuropeFintechUSA
·Jul. 29, 2020

The World Bank Needs to Create a Universal Coin

There are a seemingly endless amount of blockchains, with the latest coming from The Ant Group as they released AntChain...
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EuropeFintech
·Jul. 29, 2020

TransferWise Valued at $5bn in Secondary Sale

TransferWise sold $319mn worth of shares to early investors and employees that valued the fintech at $5bn; the company’s valuation...
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EuropeFintech
·Jul. 29, 2020

Remitly Raises $85M at a $1.5B Valuation

Remittance fintech Remitly has announced it has raised $85 million in equity at a $1.5 billion valuation, an up round...
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FintechUSA
·Jul. 29, 2020

New Stimulus Should Support Real-Time Wage Access

Congress is in the midst of debating another stimulus package to help support consumers and small businesses as the pandemic...
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FintechUSA
·Jul. 29, 2020

Enova Acquiring OnDeck for $90 Million

Enova, best known for short term consumer loans, is acquiring OnDeck, one the leading online small business lenders, in a...
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Asia/PacEuropeFintechNews RoundupUSA
·Jul. 30, 2020

More News for July 30, 2020

Banks call on Congress to freeze new ILC approvals How the pandemic is propelling Zelle With Robinhood’s UK launch delayed,...
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FintechUSA
·Jul. 30, 2020

Banks Must Adopt APIs for Business Lending

The Paycheck Protection Program laid bare the challenges banks have in moving quickly when there is an antiquated set of...
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EuropeFintech
·Jul. 30, 2020

UK’s FCA Tells Finance Firms to Better Protect Customers

The UK’s Financial Conduct Authority ordered financial firms to do more to protect vulnerable customers; the FCA issued the order...
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