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FintechNews RoundupUSA
·Jan. 9, 2019

Government Shutdown Effecting SBA Lending

According to industry experts some businesses are having to seek costlier options for loans since the SBA is unable to...
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FintechNews RoundupUSA
·Jan. 16, 2019

Experian Reports Default Rates Increased in December

S&P Dow Jones Indices and Experian recently released data through December 2018 which showed that default rates across all loan...
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FintechNews RoundupUSA
·Feb. 11, 2019

Deep Dive into Amazon Small Business Lending

Amazon has plans to offer financial services to their customers but so far has focused on providing credit to small...
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FintechNews RoundupUSA
·Mar. 28, 2019

Fundbox Parters with Synchrony for SMB Lending

The partnership announced today will allow Synchrony’s small business merchants to apply for a line of credit through Fundbox; borrowers...
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FintechNews RoundupUSA
·Apr. 29, 2019

Banks Still Aren’t Lending to Small Businesses

A new report is out from Oxford Economics which found that a decade after the financial crisis, small businesses are...
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FintechNews RoundupUSA
·Jan. 15, 2019

CFPB to Eliminate Underwriting Requirements Effecting Payday Lending

We learned in October that the CFPB was revisiting their ability to repay provisions in the small dollar lending rule;...
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FintechNews Roundup
·Jan. 24, 2019

Chinese P2P Lenders Face IPO Challenges

The biggest investment banks including Goldman Sachs and Citi have stopped taking Chinese p2p lenders public as a result of...
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FintechNews RoundupUSA
·Mar. 6, 2019

Jackie Reses Discusses Square’s Lending Business

Speaking on CNBC with Jim Cramer on Mad Money, Reses shared that Square is capitalizing on the lack of access...
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FintechNews Roundup
·Apr. 3, 2019

OnDeck Acquires Evolocity in Canada

OnDeck is combining their Canadian business with Evolocity Financial Group which is a Montreal-based online small business lender; the combined...
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FintechNews RoundupUSA
·May. 2, 2019

This Lender Has Quickly Become the Leader in Solar Finance

Loanpal’s solar lending business only started making loans in early 2018; fast forward to today, they are originating $110 million...
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