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Bank Profits Fall Due to Loan Loss Reduction
Bank Profits Fall Due to Loan Loss Reduction
November 30, 2021  |  Loans

Banking profits dropped during the third quarter of 2021 due to a slower reduction in loan loss provisions, the Federal Deposit Insurance Corporation (FDIC) reported...

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Buffett-Backed Nubank Cuts Down IPO Price
Buffett-Backed Nubank Cuts Down IPO Price
November 30, 2021  |  IPO

Brazilian digital bank Nubank has reduced the target price of its American stock market debut by about 18% amid a worldwide tech stock selloff that’s...

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Online Bulk Retailer Boxed Acquiring MaxDelivery
Online Bulk Retailer Boxed Acquiring MaxDelivery
November 30, 2021  |  Partnerships / Acquisitions

Online bulk retailer Boxed is set to acquire MaxDelivery, an on-demand grocery delivery service for New York City consumers. Get the Full Story Complete the...

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CloudTrucks Raises $115M in Series B Funding Round
CloudTrucks Raises $115M in Series B Funding Round
November 30, 2021  |  Investments

Trucking operations software company CloudTrucks on Tuesday (Nov. 30) announced it wrapped up a Series B fundraising round that brought in $115 million, bringing the...

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Innovation Center Launch Could Advance US Digital Currency
Innovation Center Launch Could Advance US Digital Currency
November 30, 2021  |  CBDC

An innovation hub will help the U.S. central banking system advance the process of implementing digital currency, Federal Reserve Chair Jerome Powell said, according to...

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iOL Pay Expands Into 37 Countries to Overhaul Hotel Payments Space
iOL Pay Expands Into 37 Countries to Overhaul Hotel Payments Space
November 30, 2021  |  International

Global FinTech platform iOL Pay, a subsidiary of Illusions Online, went live in 37 countries to assist the hospitality payments space across North America, Europe,...

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India’s Snapdeal Prepping for $250M IPO
India’s Snapdeal Prepping for $250M IPO
November 30, 2021  |  IPO

The Indian online retail giant Snapdeal is preparing to go public through an IPO of as much as $250 million. Get the Full Story Complete...

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YouTrip Raises $30M, Plans To Enter B2B Market  
YouTrip Raises $30M, Plans To Enter B2B Market  
November 30, 2021  |  Investments

Singapore’s YouTrip has raised $30 million in a Series A funding round, money the payments startup says it will use to enter the B2B payments...

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Carry1st, Chipper, PayPal Collab Gives Digital Payments Leg Up in Africa
Carry1st, Chipper, PayPal Collab Gives Digital Payments Leg Up in Africa
November 30, 2021  |  Partnerships

In a move to further accelerate digital payments in Africa, mobile games publisher Carry1st is collaborating with payments FinTech firm PayPal and cross-border payments platform...

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