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Ant Financial Looking To Resurrect Stalled IPO

PYMNTS

Credit Suisse and China International Capital Corp are both reportedly in talks with Ant Financial as the groundwork begins, sources told the news outlet. . It has since morphed into a platform offering a full suite of services — mobile payments, savings accounts, personal investing, lending, and credit scoring. .

Taxes 131
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A Decline in Personal Savings

TrustBank

The only time US personal saving has been this low was back in 2005 when it bottomed out at 2.1%. The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. in October. From 1990-2004, US home ownership rose 7.45% to 69.2%

US 52
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

The housing bubble bursting that same year had the opposite effect and various penalties and real estate losses relating to Countrywide’s lending practices ended up costing BofA about $40B, all told. Date : September 2005. in 2005, the thinking was that enhanced communications technology would help buyers and sellers better connect.

Google 76
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BizFi Reaches $1.8 Billion Small Business Lending Milestone

Fintech Labs Insights

Courtesy of more than $144 million in originations in the second quarter, small business lending platform Bizfi has just surpassed $1.8 Founded in 2005 and headquartered in New York City, Bizfi demonstrated its technology at FinovateFall 2015. Billion Small Business Lending Milestone appeared first on Finovate.

Lending 12
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Crescent Ridge Capital Partners’ elaborate Ponzi scheme. Select Investors: AllianceBernstein, Lightspeed Venture Partners, Glade Brook Capital Partners. Select Investors: CapitalG, Goldman Sachs Investment Partners, Pritzker Group Venture Capital. Select Investors: BlackRock, Norwest Venture Partners, Sands Capital.

Fraud 78
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The 238 Fintech Unicorns of the 21st Century (Sep 2021)

Fintech Labs Insights

Lending/SMB. Mar 2021 round. 9 Sep 2021. June 2021 round. 9 Sep 2021. July 2021 round. August 2021 exit to Square. 9 Sep 2021. 9 Sep 2021. South Korea. Aug 2021 round. 9 Sep 2021. 9 Sep 2021. April 2021 round. Jan 2016 round. Better.com. May 2021 SPAC annoucement. April 2021 round. Aug 2021 round. 9 Sep 2021. Aug 2021 round. Papaya Global.

Fintech 15
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The Fintech Unicorns of the 21st Century (Dec 2021)

Fintech Labs Insights

June ’21 round. Checkout.com. Jan ’22 round. July ’21 round. August ’21 exit to Square. Aug ’21 round. South Korea. Nov ’18 transaction. Mar ’21 SPAC (proposed). Dec ’19 round. Wise ( TransferWise ). Aug ’21 round. Payroll/SMB. Oscar Health. Jan ’16 round. Better.com. May ’21 SPAC annoucement. April ’21 round. Aug ’21 round. Sep ’21 round.

Fintech 15