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Why Digital Lenders Are Tightening Their Lending Criteria

PYMNTS

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. They all had a pretty tough time and took losses a lot more than expected,” said Henry Song, a portfolio manager at Diamond Hill Capital Management Inc. The Coming Risk Assessment Reset.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

The year ends with a total of about $19 billion invested into private fintech companies (includes debt and equity). If you add the $6 billion in new capital raised in the IPOs of Worldpay, Square and First Data, the 2015 total is a nice even $25 billion. Payments and commerce solutions for unbanked in emerging markets.

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Fintech Fundings: 25 Companies Raise $1.6 Billion Week Ending Aug 20

Fintech Labs Insights

Fintech funding records continue to fall. Capital Match. Drip Capital . Microlending in emerging markets. HQ: Philadelphia, Pennsylvania. Tags: Y Combinator (YC S15), payments, mobile, wallet, Indonesia (market). Last week was the record number of deals, with 27. billion, from 25 companies. Total raised: $1.05

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

He sensed the family’s passion and liked their idea of starting with selling milk at farmers’ markets, roadside shops and small grocery stores. In each new market opened in 2021, the community bank found an experienced ag lender who was seeking a new position. Bunnell listened. One of the missions of Lead Bank in Lee’s Summit, Mo.,

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The top-performing community banks of 2021

Independent Banker

The Philadelphia Trust Company. Philadelphia. In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. Capital Community Bank. A: We strategically positioned ourselves to take advantage of the market.

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The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. GonzoBankers, 2019 was a year of extremes.

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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Mozido’s fintech fraud fiasco. Crescent Ridge Capital Partners’ elaborate Ponzi scheme. Select Investors: AllianceBernstein, Lightspeed Venture Partners, Glade Brook Capital Partners. Select Investors: CapitalG, Goldman Sachs Investment Partners, Pritzker Group Venture Capital. Bouxtie’s broken promises.

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