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FintechNews RoundupUSA
·Apr. 27, 2020

SoFi Assisted in PPP Program Through Comparison Site ‘Lantern’

SoFi shared in a press release that they had helped funnel over $75 million in loan applications to lenders for...
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FintechNews RoundupUSA
·Apr. 27, 2020

Betterment is the Latest Fintech to Launch a Checking Account

One of the first robo advisors has now added a checking account to their suite of services; Betterment Checking is...
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FintechNews RoundupUSA
·Apr. 27, 2020

Cross River Bank Raises $100 Million (Updated)

There was news out of Malaysia over the weekend that Cross River Bank had raised $100 million. A number of...
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FintechNews RoundupUSA
·Apr. 27, 2020

Round Two of the PPP Opens Today Amid Huge Demand

The second round of the Paycheck Protection Program launched this morning at 10:30am ET; Congress approved $484 billion in additional...
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FintechNews RoundupUSA
·Apr. 28, 2020

Remote Hiring at Large Fintechs

TransferWise, Revolut and Monzo are all fintech companies that are hiring staff remotely at a time when many are cutting...
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FintechNews RoundupUSA
·Apr. 28, 2020

Head of R3 Shares Perspective on Banking Amid Pandemic

David Rutter is in charge of R3 and shares his perspective on the current environment; he stated to City A.M,...
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FintechNews RoundupUSA
·Apr. 28, 2020

Stripe Announces Three Major Upgrades

Payments fintech Stripe announced three major upgrades to their payments platform to help users increase revenue, direct connectivity to major...
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FintechNews RoundupUSA
·Apr. 28, 2020

New Survey Shows Digital Banking Usage Increasing During the Crisis

According to a new survey by J.D. Power 30 percent of consumers surveyed were using mobile banking more and 35...
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FintechNews RoundupUSA
·Apr. 28, 2020

Monzo and Starling Bank Hold Up Well with Complaints

The Financial Conduct Authority released firm-specific complaint data for the second half of 2019 which showed that challenger banks hold...
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FintechNews RoundupUSA
·Apr. 28, 2020

Community Banks Will Find a Big SMB Opportunity from the Crisis

The Paycheck Protection Program has highlighted a number of issues in small business banking that could potentially open the door...
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