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TurboTax Bid For Credit Karma Triggers Antitrust Worries

PYMNTS

The Silicon Valley-based Credit Karma, which was founded in 2007, said it has in excess of 100 million users, about twice as many as Intuit. The FinTech startup offers free credit scores, credit card applications, loans and savings accounts. Credit Karma started offering a free tax filing service in 2017.

Taxes 130
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The Velocity of Risk – What Bankers Need To Know

South State Correspondent

In this age of social media, global interconnectedness, and market volatility, banks can be one tweet torrent away from a lightning-fast onset of risk. One morning, President Trump tweeted his desire for an additional tax on all foreign-owned companies operating in the US. Some risks occur slowly; others strike quickly and hard.

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2021 GonzoBanker Awards

Gonzobanker

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 147
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The 40 Fintech Graduates from Y Combinator (YC)

Fintech Labs Insights

Graduating from there is like facing the job market with a resume boasting summer internships at Google, Facebook AND Goldman Sachs. Fintech (note 1) has been part of YC from the beginning. The first class (Summer 2005) included one fintech startup, TextPayMe, among the eight companies. During the past 4.5 During the past 4.5

Fintech 26
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Consumer Lending: Should Banks Do It?

Jeff For Banks

And there are FinTechs, loan brokers, insurance companies, and investment funds chipping away at them. Mortgage bankers and brokers own a significant share of market (although less than prior to the 2007-08 financial crisis). And Quicken Loans is in the top 5 HMDA market share in nearly every market we analyze.

Lending 60
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. Market opportunity. Stripe is ramping up its private market investments. Expansion into emerging markets. TABLE OF CONTENTS. Focus on developers.

Online 98
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My top five Decentralized Finance predictions for 2020

Lex Sokolin

There’s a lot to say about the overlap of Fintech and blockchain, but let’s find the very edge of the frontier and focus right there. you get paid some market-clearing interest rate to loan out assets like Bitcoin, which someone is borrowing for a trading or hedging purpose. It’s like watching Mint.com emerge in 2007.