USA

Fintech News Roundup USA

·May. 20, 2020

Afterpay Crosses 5 Million Active Customers, Sees Significant Uptick During COVID-19

Afterpay operates in the buy now, pay later space and is a similar offering to other fintechs like Affirm and...

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Fintech News Roundup USA

·Mar. 12, 2019

BB&T-SunTrust Complete Deal is Rapid Fashion

The largest bank merger in more than a decade took less than 6 months to complete as both banks came...

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Fintech News Roundup USA

·Jan. 3, 2018

Peter Thiel’s Founders Fund Bets Heavy on Bitcoin

The Wall Street Journal is reporting that Founders Fund has amasses hundreds of millions of dollars or bitcoin recently; the fund started with about $10mn to $15mn worth of bitcoin and has since seen that initial investment skyrocket; while many traditional wall street names have yet to buy into bitcoin the move by Mr. Thiel and his fund point to their confidence in the currency; during an interview in October Mr. Thiel was reported to say, “While I’m skeptical of most of them, I do think people are a little bit underestimating bitcoin, specifically, because it is like a reserve form of money.” Source.

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Fintech News Roundup USA

·Jan. 15, 2020

Manatt Fintech: What to Expect in 2020

Manatt is one of the leading professional services firms in fintech; in our latest guest post Brian Korn, Neil Faden,...

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News Roundup Online Lending USA

·Jan. 25, 2017

Money360 Hires Two New Directors

After substantial growth in 2016, Money360 has expanded its team by adding two new divisions and directors; David Christensen will lead the Northwest region and Kenneth Wood will lead the Northeast region; in December the company reported a record month of lending with $35 million in loans; in the first few months of 2017 it expects to report cumulative lending of over $200 million. Source

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News Roundup Online Lending USA

·Aug. 1, 2017

Money360 Has Record Breaking Quarter

Money360 is a marketplace lender for commercial real estate; in Q2 the company closed $143 million in loans making Q2 the company's largest quarter; to date the company has closed $350 million in loans and expects to surpass the $500 million mark by the end of the year; the press release provides further information about the deals closed. Source

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Fintech News Roundup USA

·May. 5, 2020

Robinhood Officially Closes $280 Million Series F

The Series F round values the fintech company at $8.3 billion; the latest round continues a deceleration of valuations the...

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Fintech News Roundup USA

·Aug. 30, 2017

PitchIt @ LendIt USA 2017 Winner Nova Credit Company Demo

PitchIt winner Nova Credit presents their company's solution to build what they call the Nova Credit Passport; a cross border credit reporting agency that connects to leading credit bureaus through a single API; PitchIt 2017 was a competition for fintech startups, in exclusive partnership with global venture capital fund 500 Startups, the world leader in investing in and mentoring early-stage fintech startups. Source

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News Roundup Online Lending USA

·Dec. 9, 2016

Credible Partners with NHHELCO

Credible has announced a new partnership with New Hampshire Higher Education Loan Corporation (NHHELCO); company is a multi-lender focused on loans and refinancing for higher education; the new partnership will add another student loan refinancing option to the site; with the addition of NHHELCO the platform now has seven refinancing lenders; NHHELCO will offer its EDvestinU Consolidation Loan product which allows for consolidation of federal and private loans with a fixed or variable-rate refinancing loan that includes repayment terms ranging from 5 to 20 years; the EDvestinU Consolidation Loan product offers variable-rate loans with interest rates from 2.47% to 6.07% APR and fixed-rate loans with interest rates from 3.94% to 7.54% APR. Source

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Fintech News Roundup USA

·Jan. 23, 2020