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Fintech

FintechNews RoundupUSA
·Feb. 25, 2020

Was Intuit the Best Fit for Credit Karma?

In his weekly Forbes column Ron Shevlin of Cornerstone Advisors wonders if Intuit is the best fit to buy Credit...
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EuropeFintechNews Roundup
·Feb. 25, 2020

UK Digital Banks Add 6 Million Customers in Second Half of 2019

Consultancy firm Accenture revealed that UK digital banks acquired 6 million customers in the second half of 2019, bringing the...
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FintechNews RoundupUSA
·Feb. 25, 2020

The Future of Digital Banking can be Driven by Markets and Regulators

Right now the U.S. digital banking market is being driven on two simultaneous tracks with private market solutions and regulation;...
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FintechNews Roundup
·Feb. 25, 2020

China Looks Into Setting Up Debt Managers to Handle P2P Loans

China’s banking regulator is looking at potentially setting up regional bad-debt managers to deal with the collapse of the significant...
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FintechNews RoundupUSA
·Feb. 25, 2020

RBC Has Plans for Consumer Bank in 2020

RBC shared during an earnings call last week that they intend to launch a direct-to-consumer bank in the US in...
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FintechNews RoundupUSA
·Feb. 25, 2020

Ken Lin, Co-Founder of Credit Karma to Receive Windfall from Sale

Ken Lin started Credit Karma back in 2007; since then the company has attracted 100 million members and brought in...
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FintechNews RoundupUSA
·Feb. 25, 2020

Quontic Bank Believes it has Built a Digital Bank to Scale

Quontic Bank started with just one branch and about $20mn in assets before CEO Steve Schnall recapitalized and set a...
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FintechNews RoundupUSA
·Feb. 25, 2020

LendingPoint Announces Two Securitizations Totaling over $240 Million

LendingPoint has closed two securitizations, one composed of direct to consumer loans and the other of point of sale loans;...
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FintechNews Roundup
·Feb. 25, 2020

More News for February 25th, 2020

Credit card start-up Tribal Credit secures $5.5m in seed funding Exclusive: Unite Global gets $5.25m from Svea to launch cross-border...
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FintechNews RoundupUSA
·Feb. 24, 2020

Intuit to Acquire Credit Karma for $7 Billion

Over the weekend we learned that Intuit, the makers of TurboTax, Mint and Quickbooks, is close to acquiring Credit Karma,...
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