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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

Both have access to significant financial capital to scale far beyond what’s available to even well-funded startup challengers. The core product is a digital-first app that tracks spending from a linked card issued by either MasterCard or Visa. Neon quickly secured a new partner, BancoVotorantim, to resume card services.

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Kabbage Reaches $2 Billion in Originated Loans in 5 Years

Fintech Labs Insights

Today, the Georgia-based company announced it has originated $2 billion in loans during the past five years. The credit line is dynamic; it automatically adjusts to furnish businesses with the right amount of capital they need to grow. The 75,000 small business customers on Kabbage’s platform hail from all 50 U.S.

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Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

.” According to today’s WSJ story , the money appears to be earmarked for share repurchases, meaning it’s just a transfer of $820 million to the existing common stock holders, rather than new capital sitting on the balance sheet. HQ: Duluth, Georgia. But we’ll see if they do follow that path. million this week.

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Fizzle Of The Week: Bitcoin — The Bad Neighbor

PYMNTS

At the end of 2017, a handful of Chinese provinces and the country of Georgia were home to 75 percent of the world’s bitcoin mining, while only 3 percent was happening in the U.S. Due to tax reform, many small businesses (SMBs) may opt to sell the ranch — or the salon or the tax advisory service. Mom ‘n pop to sell out?

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‘Stranger Things’ And Starcourt Mall Teach Us About Big Tech And Innovation

PYMNTS

By the turn of the century, department stores had become the cornerstones of entirely new ecosystems that drove consumer consumption to record levels that, in turn, created new manufacturing, wholesale and supply chain opportunities for producers eager to capitalize on that demand.