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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. B2B FinTechs Band Together. Fed Calls On Small Banks.

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Affirm Confirms $200M Investment Round

PYMNTS

In the latest round, GIC was joined by Khosla Ventures, Spark Capital, Lightspeed Venture Partners, Founders Fund and Ribbit Capital, among others. In April, Affirm reported it had processed more than 1 million consumer installment loans made by Teaneck, New Jersey-based community financial institution Cross River Bank.

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Banking On APIs For B2B Innovation

PYMNTS

Banks and FinTechs have been both competitors and collaborators in the financial services space. In recent years, banks have even seen greater competition in the lending market from new FinTech players that can quickly approve loan applications and distribute funds to lenders. New tools for new FinTechs.

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OnDeck’s ODX Digitizes Investors Bank SMB Lending Platform

PYMNTS

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

Lending 101
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FinDEVr Live: Capital One Enables Continuous Integration and Delivery for Developers in Regulated Environments

Fintech Labs Insights

Capital One Financial Corporation is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., Capital One, N.A. has branches located primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia, and the District of Columbia.

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B2B FinTechs Overcome Pandemic VC Slump

PYMNTS

Talk of a venture capital plummet continues to grow, particularly in Europe, where new data from Consultancy Europe revealed that the number of venture capital deals for startups across the continent has declined every quarter since Q1 2019. Volante Technologies. with total funding nearly reaching $391.25

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Banks Voice Concern Over Data Flow To India’s FinTechs

PYMNTS

Data is everywhere, and amid headlines trumpeting collaboration between FinTech and traditional FIs, there are indeed some possible stumbling blocks about who has access to what when it comes to consumers. s High Street banks have been banding together to oppose FinTech efforts in India to collect customer data. billion valuation.

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