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JPMorgan Results Show Active Mobile Customers Up 12 Pct YoY
JPMorgan Results Show Active Mobile Customers Up 12 Pct YoY
July 16, 2019  |  Earnings

JPMorgan posted second-quarter earnings on Tuesday (July 16) that showed strength in consumer-facing operations and double-digit gains in mobile customers, reflecting continued traction across digital...

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Digital Banking Partnerships Gain Traction in the US
Digital Banking Partnerships Gain Traction in the US
July 16, 2019  |  B2B Payments

Digital-only bank N26, based in Europe, has linked with Axos to launch in the US.  Elsewhere in Europe, Lloyds has partnered with Blue Motor Finance...

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Lendbuzz FinTech Raises $150M In Debt And Equity Financing
Lendbuzz FinTech Raises $150M In Debt And Equity Financing
July 16, 2019  |  Investments

FinTech Lendbuzz has announced Monday (July 15) that it has secured an additional $150 million in debt and equity financing led by 83North, with participation...

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Goldman, UK’s Lendable Strike £200M Deal
Goldman, UK’s Lendable Strike £200M Deal
July 15, 2019  |  Loans

Goldman Sachs and personal loan startup Lendable from the U.K. have reached a £200m deal, in a sign of Goldman’s confidence in the startup, according...

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Samsung Pay Offers Payments, Credit To Indian Marketplaces
Samsung Pay Offers Payments, Credit To Indian Marketplaces
July 14, 2019  |  Partnerships / Acquisitions

Samsung has reached an agreement with an online marketplace for financial products in India that will allow consumers to apply for credit cards and loans...

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SoftBank Leads Funding For Brazilian Lender Creditas
SoftBank Leads Funding For Brazilian Lender Creditas
July 10, 2019  |  Investments

Japanese company SoftBank is leading a $231 million funding round for a Brazilian lending startup called Creditas, in a bid to shake up competition in...

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TangoTrade’s Payment Assurance Out To Modernize The $3.1T Letter Of Credit Business
TangoTrade’s Payment Assurance Out To Modernize The $3.1T Letter Of Credit Business
July 09, 2019  |  B2B Payments

In this era of digital commerce and payments, it can be easy to forget that many small and medium-sized business often fall through the cracks....

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India’s Struggling Alt Lending Sector A Risk To Economy
India’s Struggling Alt Lending Sector A Risk To Economy
July 05, 2019  |  Economy

The non-bank lending sector in India has seen a few defaults and failures, and has reduced consumer and business credit, according to a report by...

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Funding Circle Delays Canada Launch In Gloomy Forecast
Funding Circle Delays Canada Launch In Gloomy Forecast
July 05, 2019  |  B2B Payments

Funding Circle has reportedly cut its 2019 revenue expectations by half as it tightens small business (SMB) lending standards, reports in Reuters said this week,...

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