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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.

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CAN Capital Positions Itself For The Entrepreneur

PYMNTS

According to the most recent CAN Capital Store Front Business Index , powered by PYMNTS, there are 3.4 Each of those businesses is run by an entrepreneur — the latest target of the alternative lending platform. We’ve often asked our customers what services are most important to them, and lending is always near the top of the list.”

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The Mother List of All Banking Books

Jeff For Banks

Or read him in Bank Director magazine. A Primer on Money, Banking, and Gold 2008 Cordelia Frances Biddle Biddle, Cordelia Frances Biddle, Jackson, and a Nation in Turmoil: The Infamous Bank War 2021 Alan S. Oil Capital: The History of American Oil, Wildcatters, Independents and Their Bankers 2016 Dwight L.

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Why Midsize Banks Rule Right Now

American Banker

Large enough to meet the needs of most customers yet small enough to escape some of the Dodd-Frank Act's most onerous compliance expenses, banks with assets of $2 billion to $10 billion are more profitable, as a group, than their smaller and larger counterparts, according to an analysis by Capital Performance Group.

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Chase Quietly Launches Its Online Small-Business Loan Platform

American Banker

Following months of behind-the-scenes work with OnDeck Capital, JPMorgan Chase has quietly started offering online loans to its existing small-business customers.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

In this review of failure, we’ve looked in our venture capital database to find the most well-funded startup companies that ultimately failed or had an undesirable exit, such as an asset sale or an acquisition for less than the total funding raised by the company. The 101 Biggest Product Failures Of All Time. Total Funding: Over $100M.

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It’s Time To Reset Consumer Financial Protection

PYMNTS

They should, however, be commended for lending money. Time to recognize the importance of lending for consumers and small businesses and for making the economy go ‘round and ‘round. Meanwhile, financial services providers must do a better job of explaining how lending helps consumers and, of course, policing themselves.

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