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SoFi-Social Capital Merger Will Fuel Growth Of One-Stop-Shop Financial Supermarket

PYMNTS

7) that it was merging with publicly-traded Social Capital in an $8.6 The SoFi deal marks at least the third such transaction done by the Social Capital SPAC, Palihapitiya said in a televised interview on CNBC, adding that the deal was driven by the fact that banking infrastructure isn't currently meeting the needs of U.S.

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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Mark Cuban is tweeting about Jill Castilla’s fintech efforts with lending system startup Teslar. In a zeitgeist moment of what is happening in payments market disruption, the Los Angeles’ Staples Center was renamed Crypto.com Arena. Fintech investing has gained near sport status. OK, me neither.

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4 Sure Signs Your PPP Loan Will NOT Be Forgiven

Abrigo

While it’s been a mad dash to secure funds for small business borrowers, the work is far from over once the loans are issued. Eligibility for loan forgiveness has been just as confusing – if not more so – than securing a PPP loan. You have ample access to capital markets or substantial market value.

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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

The SBA offers the “three Cs” to help aspiring entrepreneurs start up and scale up by making counseling available, providing more choices and chances to secure capital, and by helping them seize market opportunities to commercialize their ideas.

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Banking's Total Return Top 5: 2014 Edition

Jeff For Banks

capital appreciation and dividends. Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. The lion''s share of their growth, profitability, and capital have come since their re-branding to Open Bank in 2010. I''m sure that strategy works well.

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The Top 20 Venture Capitalists

CB Insights

For the third consecutive year, we worked with The New York Times to identify and rank the top 100 venture capital professionals from around the globe. Below are the detailed profiles of the Top 20 Venture Capital Partners. PROFILES OF THE TOP 20 VENTURE CAPITAL PARTNERS. Current Firm: First Round Capital (Founding Partner).

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CRE Credit Risk – What You Need To Know Now

South State Correspondent

The little liquidity left in commercial real estate is in major markets such as Los Angeles, Chicago, New York, and D.C. In secondary and tertiary markets, it is only smaller financial institutions lending. This lack of liquidity in the market now shows in CRE loan pricing.