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B2B FinTechs Start 2020 Strong With More Than $1B In VC Funding

PYMNTS

While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk. Flutterwave.

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SMBs Accuse Kabbage Of Abruptly Canceling Credit

PYMNTS

Georgia-based Kabbage claims it has provided small business borrowers with over $9 billion in loans as of its 2009 establishment. and OnDeck Capital Inc. Borrowers, who realized the credit lines were halted when they signed onto their accounts, claim the company did not provide them with notice, according to a Bloomberg report.

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3 Reasons Why Fintech is Thriving in Atlanta

William Mills

Metro Atlanta has established itself as a major hub for the fintech (financial technology) industry. Here are three reasons why the fintech industry is thriving in Atlanta: Incubators and accelerators. Atlanta is home to a host of startup incubators dedicated to creating environments for early-stage fintech companies to grow.

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MineralTree Raises $50M, Buys Two Companies

PYMNTS

The funding initiative is being led by existing investors Great Hill Partners LP, the Boston-based private equity firm, Eight Roads Ventures, the global venture capital firm based in China and.406 406 Ventures, the Boston venture capital fund. Its RegalPay platform is used by more than 350 corporate customers and partners.

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What’s Next For PPP: A Banker, An SMB And A FinTech CEO Weigh In

PYMNTS

Walker joined Edwards and Speight for this weeks’ chat about the PPP’s ongoing rollout and brought an unusual perspective to the discussion as he is the CEO of a business that just got a loan via First Planters as well as a board member at a different community bank and a Georgia State Senator.

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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. As was widely reported this past week, seven of them are trying to do so.

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B2B eCommerce Tips The VC Scales

PYMNTS

million investment round in commercial card startup DiviPay, reports said this week, via the bank’s venture capital unit ANZi. based Steadview Capital, adding to the previous Series A round announced in April. Egypt’s MaxAB demonstrates the strengthening FinTech scene of the country, with investors placing $6.2

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