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FintechNews RoundupUSA
·Mar. 15, 2019

Bitter Rivalry Between Two Silicon Valley Fintech Lenders

American Banker reports on a bitter rivalry that has been brewing between James Gutierrez and his former company Oportun; Gutierrez...
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FintechNews RoundupUSA
·Mar. 15, 2019

Construction Lending Recovering Slowly With Help From Fintech

In the pre-crisis construction boom, circa the first quarter of 2008, banks held $631 billion in construction loans; in the...
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FintechNews RoundupUSA
·Mar. 15, 2019

Chinese Investment in U.S. Startups Remains Healthy

Last August U.S. lawmakers passed the National Defense Authorization Act which was designed in part to stem Chinese acquisitions of...
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FintechNews RoundupUSA
·Mar. 14, 2019

Big Data in Lending has Ability to Confirm Biases and Extend Credit to Weaker Borrowers

After the financial crisis banks pulled back from lending to anyone they deemed a potential risk; this helped spur many...
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FintechNews RoundupUSA
·Mar. 14, 2019

Price War Has New ETF Paying Investors

There has been a price war going on in the ETF market as robo advisors have helped to bring costs...
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FintechNews RoundupUSA
·Mar. 14, 2019

Flourish Fund Spins Out of Omidyar to Back Financial Inclusion Fintech Startups

The new venture firm, Flourish, from The Omidyar Network is launching to investing in startups whose innovations are helping people...
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FintechNews RoundupUSA
·Mar. 14, 2019

Featured Startups Raising Large Rounds in 2019

2019 is already shaping up to be a big year for fintech financing; American Banker shares their list of 8...
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FintechNews RoundupUSA
·Mar. 14, 2019

Deal Reached in FTC/SoFi Case

Manatt shares that the FTC has finalized their deal with SoFi who was accused of making false statements about student...
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FintechNews RoundupUSA
·Mar. 14, 2019

Tally Launches Free Automated Savings

Tally claims that their new offering is the only free automated savings service for consumers; the company’s first product feature...
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FintechNews RoundupUSA
·Mar. 13, 2019

Green Dot Plans to Launch Bank OS in 2020

Green Dot is planning to launch a new affinity banking service called Bank OS, this would be a simpler version...
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