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Crowdfunding, Deferred Loan Payments Jumpstart SMB Relief

PYMNTS

Each week, PYMNTS will round up some of the latest initiatives from governments, banks and FinTechs around the world to lend support for small businesses struggling as a result of the coronavirus. FinTechs Encourage SMB Crowdfunding. Several FinTechs in the U.S. Below is a roundup of some of the most recently announced measures.

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Why Does a Fintech Darling Need a Bank?

Jeff For Banks

Arkadi was a frequent speaker on the FinTech rubber chicken circuit, being viewed as a visionary industry disruptor. First online bank, the imminently recognizable Orange Account, yadda yadda yadda. So its brand didn't blow away its buyer, Capital One, either. Why do FinTech firms rush to banks? I suppose he was.

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Where Insurers Are Investing In Digital Wealth Management

CB Insights

According to a recent FT survey of 1,000 urban Chinese consumers, Yu’E Bao (the $241B money market fund established by Alibaba) and investment products sold on platforms such as Ping An Insurance-affiliated online financial marketplace Lufax are likely to see the biggest inflows in the coming six months. Track Wealth Tech Startups.

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Welcome to 2016 – The Year of FinTech Disruption

William Mills

In a recent analysis of all technology investments announced on a single day on CrunchBase, there was more than $250 million in venture capital spending. Smart venture capital and private equity firms have long recognized that all parts of the traditional financial industry is burdened with legacy business practices and systems.

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Fintech Fundings: 39 Companies Raise $930 Million Week Ending April 15

Fintech Labs Insights

For the third time this year, we tied the single-week record of 39 fintech financing deals. This week, those 39 fintech startups raised a whopping $932 million, (or $680 million not counting the $253 million Bats Global IPO). Here are the fintech deals by size from 9 April to 15 April 2016: Bats Global. HQ: Lenexa, Kansas.

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The 2018 GonzoBanker Awards

Gonzobanker

We’ve simultaneously disdained and feared the fintechs, artificial intelligence and blockchain consortia. PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. Banks Leveraging Fintechs Award.

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