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SMB-Focused Lender Judo Bank Attains Unicorn Status

PYMNTS

Australia’s Judo Bank has attained unicorn status, according to FinTech Magazine , meaning it has achieved a valuation of at least $1 billion. Judo Bank, a challenger bank, received $148 million in a Series C funding round from investors, including existing backers like Ironbridge Capital and Bain Capital.

Lending 130
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Three ways banks can support innovation in their markets.

Jeff For Banks

So why do FIs opt for the sideline in participating more fully in innovation? I recently wrote on these pages that FIs should develop Shark Tank like processes to get early stage equity capital into the hands of nearby entrepreneurs to fuel growth in local markets. But innovation need not start in northern California.

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Meet Our 2023 FICO Decisions Awards Judges

FICO

Our eight judges are business leaders, analysts, media and innovators in their own right, drawn from nearly every continent. She is a top advisor to Fortune 500 companies on responsible artificial intelligence strategy and data innovation practices and serves on several boards advising startups, universities, and other non-profits.

Meeting 52
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How Digitization Turned Media’s Cash Flow Upside Down

PYMNTS

” FastPay sees this cash management gap as an opportunity to provide working capital loans to players in the industry. “You have fewer areas of dispute when you run a TV ad or buy a page in a magazine, because it’s pretty much binary — you can see it, you can hear it,” he said.

Capital 100
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What’s Behind SoftBank’s Tech Investment Moves?

PYMNTS

The possible IPO of the Vision Fund will take place after the vehicle is fully invested, and might result in a creation of a publicly-listed company similar to Berkshire Hathaway (and of course accessible to retail investors, now able to ostensibly act as venture capital investors) with a decidedly tech company focus. SoftBank Activity.

America 123
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Bank Be Nimble, Bank Be Quick

American Banker

How Eastern Bank pulled off something few community banks have: launching a digital lending product that the 197-year-old mutual dreamed up in its innovation lab.

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FinDEVr APIntelligence

Fintech Labs Insights

Accenture and Leading Banks Invite Applications for Fourth Annual FinTech Innovation Lab London. Magazine ranks Kabbage 36 of 5,000 of America’s fastest growing private companies. Cloud Lending Solutions unveils CL Originate, its next generation, cloud-based loan origination platform.