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PingPong To Enter Europe Via $113M Investment

PYMNTS

PingPong and Luxembourg’s relationship goes back to 2017, when the FinTech startup got a payments license in the region, which allowed it to operate between Chinese outfits and customers in Europe. Earlier this year , Luxembourg passed a bill to amend an existing securities law so that it includes blockchain.

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B2B FinTechs Diversify Funding Strategies With M&A, IPOs

PYMNTS

Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. Venture Capital Funding. raised $10 million from SEB Bank and Seed Capital for its commercial card technology. Funding Xchange secured $10.3 Also in the U.K.,

Strategy 109
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A Decline in Personal Savings

TrustBank

As of October, the US ranked 32 nd according to the Organization for Economic Co-operation and Development (OECD) data. By the 1990’s, improvements in technology and further changes to securities regulations made it easier for corporate customers to access financial markets directly. Recall the NINJA loans (No Income, No Job, Apply).

US 52
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The Top 20 Venture Capitalists

CB Insights

For the third consecutive year, we worked with The New York Times to identify and rank the top 100 venture capital professionals from around the globe. 15 of the top 20 operate in the Greater Bay Area. 15 of the top 20 operate in the Greater Bay Area. Below are the detailed profiles of the Top 20 Venture Capital Partners.

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Top 5 Total Return to Shareholders: #3 ESB Financial Corporation

Jeff For Banks

It converted to a public company through a Mutual Holding Company conversion in 1990 and performed the second step conversion in 2001. ESB operates like many other thrifts. Please do not claim to invest in any security based on what you read here. Since its humble beginnings, it has grown to 24 offices and $2.0 Need I say more?

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Despite charging lower fees, the company failed to gain enough traction with merchants who feared giving Amazon detailed data on their overall business operations. An RBC Capital Markets report put the average annual sales of an Amazon Go location at about $1.5M. But in October 2015, the company announced it would be shut down.

Cards 101
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Data Dive, Farewells Edition: Apple, Chase, SoFi, Uber

PYMNTS

iTunes dominated after its 2001 release by putting two things in one place that had never existed before: a digital MP3 player that actually worked, properly paired with a store that made accessing music for a small fee much easier than trying to pirate it. Meanwhile, Jain is the face of SoFi to banks that package its loans into securities.

Apple 122