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Sezzle Names Former PayPal Exec To Lead Sales

PYMNTS

Sezzle , the Minneapolis-based installment-based payments platform, has announced the appointment of Reid Bork to its leadership team. In the newly created role, he will be responsible for leading the company’s large-scale retail acquisition efforts. In January, Sezzle was denied a crucial lending license from California.

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Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

In addition to its core POS lending business, Affirm branched out into financial services in June, debuting a high-yield savings account called Affirm Savings. Silicon Valley FinTech Affirm is also a regular in the top 5 this year. The account comes with 1.30 Leveraging Risk the Right Way.

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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Acronym of the Year. Has to be M-O-E.

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ABA Uncon: It’s All About Marketing

Social Assurance

In 2020, the ABA Bank Marketing conference was to be held on my home turf in Minneapolis. By having CFOs and CEOs in attendance, content would lend itself to position bank marketers as a critical function within any organization. The adjustments to a virtual conference were quite disappointing for me personally this year.

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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

Financing solutions for retailers & manufacturers. Kikka Capital. Alt-lending. Tags: Consumer, lending, peer-to-peer, P2P, credit, underwriting, investing. Source: Crunchbase. Latest round: $13 million Series B. Total raised: Unknown. HQ: Austin, Texas. Source: Crunchbase. Lease-to-own financing platform.

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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. So many miles to go, retail bankers! The Tech Award – Goes to Capital One.

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Named 2015 CFO of the Year (Kurt Ishaug) by Minneapolis-St. Forged strategic partnership with United Capital. Honored as the Innovation Showcase Award winner by the attendees of the BAI Retail Delivery conference. Personal Capital ( FD15 ). Honored by Marketplace Lending Power 20 Awards. Entrust Datacard ( FD15 ).