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EuropeFintechNews RoundupUSA
·May. 31, 2019

Announcements & Releases for May 31, 2019

Money Dashboard integrates with Revolut and Marcus; hires CFO Fifth Third Bank Files Application with Office of the Comptroller of...
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FintechNews RoundupUSA
·May. 30, 2019

PayPal Crosses $10 Billion In Small Business Loans

PayPal recently disclosed that they had crossed $10 billion in originations which makes them the leader when it comes to...
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FintechNews RoundupUSA
·May. 30, 2019

Alliance Bernstein Estimates Apple Card Could Bring in $1bn

Wall Street research firm Alliance Bernstein estimates the Apple Card could bring in about $1bn in annual revenue; this would...
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FintechNews RoundupUSA
·May. 30, 2019

Citi is Beginning to See Big Cost Savings from Tech Investment

Citi spends over $8bn per years on technology and last year the bank said they reached an inflection point; “Last...
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FintechNews RoundupUSA
·May. 30, 2019

Brex‘s New Round Will Value the Startup at $2bn

Fintech startup Brex is in discussions to raise a fresh round of capital that will value the company at $2bn...
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FintechNews RoundupUSA
·May. 30, 2019

Uber Working with Fair to Get More Drivers on the Road

Back in January, Uber sold their subprime-lending unit to the startup Fair; according to PaymentsSource, “…this gave the startup access...
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FintechNews RoundupUSA
·May. 30, 2019

Vanguard Leveraging Blockchain to Pull Index Fund Data

Forbes reports that Vanguard is leveraging blockchain technology to ingest data on mutual funds totaling $1.3 trillion of their $5.2...
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FintechNews RoundupUSA
·May. 29, 2019

SoFi Closes $500 Million Round

The round was led by Qatar Investment Authority and values the company at $4.3 billion; they plan to invest in...
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FintechNews RoundupUSA
·May. 29, 2019

CNBC’s Cramer Says PayPal is Worldwide Leader in Payments

CNBC personality Jim Cramer says PayPal is without a doubt the worldwide leader in payments; the comments come after the...
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FintechNews RoundupUSA
·May. 29, 2019

Regulators are Wary of New Facebook Crypto Project

The news that Facebook is building their own cryptocurrency has regulators nervous on many fronts including money laundering and know...
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