Remove 2017 Remove Capital Remove Fintech Remove Lending
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Bitcoin Daily: Japan's SBI VC Trade Debuts Crypto Lending; Bitcoin Closes In On All-Time High

PYMNTS

At 6:31 pm EST, the digital currency still hit high, sitting at $19,083.92, as the coin approaches its record price of $19,783, which it hit in December of 2017. FinTech STAX, a capital-raising platform that accepts both dollars and cryptocurrency, helped WCA raise the funds. “We To participate, users must lend a minimum of 0.1

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Bank Innovation’s Picks for Top 5 Trends in Fintech in 2017

Bank Innovation

EXCLUSIVE — The year of 2017 has been marked with more than a few good and not-so-good trends: but we’ll stick to fintech.

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Four Fintechs Eyeing IPO in 2017

Bank Innovation

The fintech world has been going through a sort of an IPO freeze recently. The headwinds created by certain fintechs this year (looking at you, LendingClub) didn’t help much either. Venture capital funding continued to fall in the third quarter, according to data from KPMG Enterprise and CB Insights.

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Has Alternative Lending Seen Its VC Peak?

PYMNTS

In 2015, news outlets ran articles about the “ gold mine ” of venture capital investments in the alternative finance sector. But there is evidence that investors’ appetite for alternative lending startups is on the wane, even as overall FinTech funding continues to climb — and as the success of the alternative lending market grows, too.

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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions. Sandboxes, Gathering Steam.

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Online Lending To Small Business Increases 50 Percent Between 2015 And 2017

PYMNTS

Between 2015 and 2017, the amount of lending to small businesses by the five leading online lending providers increased 50 percent, according to a new report from NDP Analytics, a Washington, D.C.-based billion in 2017 from $2.6 The report, entitled “The Economic Benefits of Online Lending to Small Businesses and the U.S.

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Hong Kong Relaxes Rules In Effort To Boost FinTech Lending

PYMNTS

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. billion as of June 30 of this year and as measured since the August 2017 launch. Open Banking Partnerships – Focus On Romania.

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