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Today in FinTech: Kadmos Eyes New Sectors; Chetwood Acquires Yobota

Today in FinTech: Kadmos Eyes New Sectors; Chetwood Acquires Yobota
Today in FinTech: Kadmos Eyes New Sectors; Chetwood Acquires Yobota
March 24, 2022  |  Technology

Today in FinTech news, Kadmos is eyeing new industries as it secures seed funding, while Chetwood Financial acquires Yobota. Plus, new unicorn Clara expands into...

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Credit-as-a-Service Helps Businesses Offer Better, Faster, Cheaper Loans
Credit-as-a-Service Helps Businesses Offer Better, Faster, Cheaper Loans
March 24, 2022  |  Loans

Until recently, offering that credit product has been easier said than done, involving finding a bank sponsor to handle compliance, risk modeling, underwriting — the...

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Stilt Raises $114M Series A in Debt and Equity Funding
Stilt Raises $114M Series A in Debt and Equity Funding
March 23, 2022  |  Investments

Stilt, a financial services startup focusing on assisting immigrants, raised $14 million in a Series A equity funding round and a $100 debt facility for...

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Data: B2B Firms Eye Embedded Finance Payment Options
Data: B2B Firms Eye Embedded Finance Payment Options
March 21, 2022  |  B2B Payments

The pandemic prompted businesses in almost every sector to rethink the way they carry out their operations, including when it comes to B2B payments. Get...

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JPMorgan Gives $1.5M to UK Loan Nonprofit
JPMorgan Gives $1.5M to UK Loan Nonprofit
March 17, 2022  |  Financial Inclusion

JPMorgan Chase has made a $1.5 million (1.2 million pounds) philanthropic commitment to help low-income and underserved people in the U.K. access affordable loans, the...

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Today in the Connected Economy: Versana Tackles $5T Syndicated Loan Market
Today in the Connected Economy: Versana Tackles $5T Syndicated Loan Market
March 16, 2022  |  Connected Economy

Today in the connected economy, J.P. Morgan, Bank of America, Citi and Credit Suisse unveil their loan platform Versana, which they say will bring “transparency,...

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Big Banks Launch Syndicated Loan Platform Versana
Big Banks Launch Syndicated Loan Platform Versana
March 16, 2022  |  Loans

Versana, a loan platform founded by four of the world’s largest banks, announced its launch Wednesday (March 16), saying it wanted to bring “transparency, efficiency...

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As Traditional Funding Sees Headwinds, Venture Debt Investments Set to Rise 
As Traditional Funding Sees Headwinds, Venture Debt Investments Set to Rise 
March 16, 2022  |  Investments

In the age of tightening purse strings, as interest rates soar and investors demand ever-higher returns on capital to compensate for risk, in the months...

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EntreBank to Focus on SMBs When it Opens in Minnesota
EntreBank to Focus on SMBs When it Opens in Minnesota
March 13, 2022  |  Banking

EntreBank, which is focused on lending to entrepreneurs and small businesses, is going against the grain on consolidation, a report says. Get the Full Story...

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