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Here Are The Most Active Fintech Investors Since 2019

CB Insights

Fintech saw its worst quarter in 2 years in Q1’20, as investors pulled back from deals amid the coronavirus pandemic. The quarter saw fintech activity fall to $6.1B across 404 deals, marking the worst Q1 since 2016 for fintech deals and the worst Q1 for funding since 2017. REGISTER NOW: FINTECH WEBINAR. First name.

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Southeast Asia B2B FinTech Keeps VC Wheels Turning

PYMNTS

With social distancing and an economic downturn the new reality for many markets around the world, venture capital is expected to slow significantly. Yet demand for contactless payments and digital, automated financial solutions means FinTech funding may not take as hard of a hit as other startup segments. In the U.S., KarbonCard.

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Fintech Deals Are Still Happening – and It’s a Good Thing

Gonzobanker

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. SoFi/Galileo: This $1.2 customer impact.

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The Future Of Fintech 2019: Check Out The Full Agenda

CB Insights

The full agenda for the Future of Fintech (June 11-13, NYC) is here. The lineup includes: 1:1 firesides with CEOs/founders of top global fintech companies including unicorns: Affirm, Palantir, Plaid, Circle, Credit Karma, Oscar Health, & Toss and public companies: LendingTree, Green Dot, Citigroup, & Quicken Loans.

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2020 CRE Outlook: Trends Expected to Shape Commercial Real Estate Lending

Abrigo

After retailers closed 10,800 stores in 2019, they have already announced new waves of closings as some – not all – retailers pay for their over-expansion or adjust to changes in the way customers shop, the newspaper said. Many banks throughout 2019 had reported tightening CRE standards, too.

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The Future of Noninterest Income at Financial Institutions

Abrigo

Capital One and Fifth Third Bank have launched programs to give customers early access to direct deposits, up to two days. Noninterest income drove 20% of community banks' net operating revenue in 2019, down from 22% in 2012, according to a recent FDIC study. Roadmap for Effective Capital Planning: Start Here. Whitepaper.

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Open Banking Goes Straight To The Corporate Customer

PYMNTS

Open banking jumped onto the financial services scene with a focus on enabling consumer-facing FinTech platforms to connect with their users’ bank account data. The company operates a suite of APIs for financial institutions and FinTechs to connect data and power customer-facing products. Banks, FinTechs Team Up.

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