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Pier 1 Plans Sale As It Goes Bankrupt

PYMNTS

The Fort Worth, Texas-based retailer franchise said it filed for chapter 11 protection Monday in U.S. Its customers will still be able to shop with the company, both at the stores that remain open and online. Wells Fargo National Association and Pathlight Capital LP will allow the company to operate while finalizing sales.

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Elevate To Take Another Crack At An IPO

PYMNTS

Online lender Elevate Credit, Inc. Conditions now are different, however, with investors looking for new issues — and the Fort Worth-based firm is ready to try and surf that demand wave. and On Deck Capital, Inc. But Elevate managed to stay above the fray in 2016 — revenue went up by about one-third to $580 million.

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Fintech Fundings: 102 Companies Raise $2.0 Billion in July

Fintech Labs Insights

HQ: Fort Worth, Texas. Wallet and wealth management. Online exchange (AQUSH) for consumer loans. Crowdfunding marketplace for small business capital. Crowdfunding marketplace for small business capital. Tags: Consumer, advisers, traders, investing, wealth management, trading, quants, Finovate alum.

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