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FintechNews RoundupUSA
·May. 29, 2020

Mark Cuban and Jill Castilla Team Up Again on PPP Forgiveness

Mark Cuban and Jill Castilla, CEO of Citizens Bank of Endmond, made news soon after the crisis started when they...
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FintechNews RoundupUSA
·Apr. 27, 2020

Mark Cuban Chimes in on Alternative to PPP Loans

Mark Cuban believes that businesses looking for funding through the PPP creates too much hassle in an economic crisis and...
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FintechNews RoundupUSA
·Aug. 23, 2017

Mark Cuban Putting Support Behind Cryptocurrency Fund

Only a few months ago Mark Cuban was criticizing cryptocurrencies as a bubble, he is now backing a new fund; Runa Capital principal Nick Tomaino founded the fund 1confirmation, according to a filing with the Securities and Exchange Commission; "I think Nick is one of the sharpest minds in the space, and I'm a big believer that there will be transformational apps built on blockchain," Cuban told CoinDesk; the recent change in opinion by Cuban points to a trend from Wall Street that shows more traditional finance players accepting the value of cryptocurrencies; the fund will make $100,000 to $500,000 investments and focus exclusively on cryptocurrency assets. Source

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FintechNews RoundupUSA
·Apr. 14, 2020

Mark Cuban Says Banks are Leaving SMBs Out in the Cold

Mark Cuban says banks are not acting quickly enough to extend credit to small businesses through the Small Business Administration’s...
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FintechUSA
·Jun. 2, 2020

Mark Cuban’s Take on Small Business Banking

In Forbes, Ron Shevlin discussed the new initiative from Mark Cuban and Jill Castilla, CEO of Citizens Bank of Edmond,...
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FintechNews RoundupUSA
·Jan. 30, 2019

Marketing Budgets at banks Jump as Competition Heats Up

Capital One spent 81 percent more on marketing in Q4 2018 than it did in Q4 2017 and Discover’s marketing...
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News RoundupOnline LendingUSA
·Mar. 21, 2017

Marketplace Features the Marcus Online Lending Story

Marketplace provides insight on Goldman Sachs' new online lending business discussing the culture and variance from the traditional aspects of the investment bank; one reason for the divergence in culture is the company's focus on building Marcus as a tech startup within the bank; the investment bank's venture has gained considerable industry attention and also attracted talent from leading technology companies including Facebook and Google; it appears to be well positioned in the market with numerous competitive advantages supported by the legacy bank's 147 year history.  Source

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News RoundupOnline LendingUSA
·Mar. 13, 2017

Marlette Funding Files for New Securitization

Marlette Funding has filed for a new securitization portfolio, Marlette Funding Trust 2017-1; the portfolio details were filed by Marlette Funding Depositor Trust; associated parties include Deutsche Bank Securities, Citigroup Global Markets and Goldman Sachs; the portfolio will contain unsecured consumer loans originated by Marlette.  Source

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FintechUSA
·Jul. 10, 2020

Marqeta is Preparing to Go Public

Payments startup Marqeta is looking to hire investment banks to advise the company on a potential IPO; the company has...
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FintechNews RoundupUSA
·Mar. 22, 2019

Marqeta Looking To Raise $250M at a $1.9B Valuation

According to Techcrunch a new fintech unicorn is about to be crowned; digital payments leader Marqeta is looking to raise...
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