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Online Gambling Player Rush Street Wins Support of Blank Check Firm To Go Public

PYMNTS

Chalk up another major deal for blank check companies, one of Wall Street’s hottest new trends, with online gambling and sports betting company Rush Street Interactive ’s announcement that it will be going public. The blank check operation that will take Rush Street Interactive public fits the profile.

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SumUp Snags $371M Loan Backed By Bain, Goldman

PYMNTS

Six-year-old digital payments startup SumUp has managed to secure a 330 million-euro ($371 million) loan, backed by Bain Capital Credit and Goldman Sachs Private Capital. As of today, SumUp makes credit card readers to help businesses of all sizes receive payments faster, both in-store and online.

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Payments Firm WEX Closes $1.7B Deal For eNett, Optal

PYMNTS

WEX is purchasing the Australian eNett from Travelport and its owners, partnered with Siris Capital Group and Elliot Management Corporation’s private equity affiliate, Evergreen Coast Capital Corp. The move positions WEX to establish a leadership position in the growing global travel market.

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Udacity Brings On LendingTree Veteran As New CEO

PYMNTS

Before joining Udacity, Dalporto was at LendingTree , where he served in several leadership roles throughout his seven-year tenure, including chief marketing officer and chief financial officer. Udacity is a global, online learning platform offering programs that provide credentials earned through a series of online courses and projects.

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Neon Lands $300M In VC Funding For Brazilian Expansion

PYMNTS

Brazilian digital bank Neon is gearing up for another big wave of expansion after landing hundreds of millions of dollars in venture capital funding. Founded in 2016, Neon Pagamentos on Wednesday (Sept. 2) announced a Series C investment of $300 million led global equity firm General Atlantic. Neon says its user base now tops 9.4

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How Can Financial Services Institutions Better Support Women? – An International Women’s Day Blog

Perficient

Promote the advancement of women into leadership roles. This program strives to provide “women entrepreneurs around the world with business and management education, mentoring and networking, and access to capital.” As part of the initiative, Goldman Sachs developed a free online business education program available to women globally.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

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