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FintechNews RoundupUSA
·Apr. 3, 2019

OnFido Announces $50 Million Round

The round was led by Softbank Investment and Salesforce Ventures; the company plans to use the funds to further use...
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FintechNews RoundupUSA
·Apr. 3, 2019

Could Big Tech Force More Regulation in Fintech?

Financial services firms have been anticipating when some of the biggest tech firms, Google, Facebook, Amazon and Apple, will fully...
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FintechNews RoundupUSA
·Apr. 3, 2019

FDIC Urges Banks to Fix Vendor Contracts

The FDIC sent a letter to banks outlining problems they see with the current way vendor contracts are done; the...
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FintechNews RoundupUSA
·Apr. 3, 2019

Affirm Raises $300 Million

The Series F round values the company at $2.9 billion post money according to Axios; participating investors include Thrive, Fidelity,...
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FintechNews RoundupUSA
·Apr. 4, 2019

SEC Issues Long Awaited Digital Asset Framework

The Securities and Exchange Commission has at long last published their statement on the Framework for ‘Investment Contract’ Analysis of...
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FintechNews RoundupUSA
·Apr. 4, 2019

Earnin is Under Investigation by NY Department of Financial Services

Fintech startup Earnin, who bills itself as an early access program for people to get a piece of their paycheck...
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FintechNews RoundupUSA
·Apr. 4, 2019

Jamie Dimon’s Shareholder Letter Shares Thoughts on Digital Transformation and Fintech

Dimon noted that new customers can open a new deposit account in less than five minutes and that the bank...
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EuropeFintechNews RoundupUSA
·Apr. 5, 2019

Announcements & Releases for April 5, 2019

P2P lending fund cites legacy Zopa portfolio for lower returns Digitizing construction finance with Rabbet’s Will Mitchell AI Is Coming...
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FintechNews RoundupUSA
·Apr. 5, 2019

Simple Founder Launches Blockchain Based Sila

Former co-founder of the digital bank Simple, Shamir Karkal, is launching a new firm Sila to help connect banks to...
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FintechNews RoundupUSA
·Apr. 5, 2019

New Fintech SoLo Funds Offers Payday Alternative

A new fintech, SoLo Funds, has launched to allow customers to be the borrower and lender as they try to...
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