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Some SMBs Switched Banks When PPP Loans Failed To Come Through

PYMNTS

needed financial help in April as the pandemic led to a loss of customers, founder Pavia Rosati turned to her bank, Capital One Financial Corp., But the New York consulting firm was on its own because Capital One wasn’t prepared to accept applications for the Paycheck Protection Program (PPP) when it launched. That was it.

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US Bank automates construction loan process

BankInovation

Bank Housing Capital Company, a division of U.S. The Minneapolis, Minn.-based based bank worked with Built Technologies, a construction finance software company, […]. Bank, went live today with an automated solution that allows it to better manage homebuilder construction loans.

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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.

Fintech 147
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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

Qingshongchou Network Technology. Kikka Capital. Alt-lending. Tags: Consumer, lending, peer-to-peer, P2P, credit, underwriting, investing. Total raised: $36.3 HQ: San Francisco, California. Source: Crunchbase. Equity crowdfunding platform. Latest round: $20 million Series B. Total raised: Unknown. HQ: Bejing, China.

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The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. GonzoBankers, 2019 was a year of extremes.

Idaho 148
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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. Provided instant card-issuance technology to Bank of the Ozarks. Partnered with Trend Micro to bring better data encryption and authentication technology to businesses. Forged strategic partnership with United Capital. Personal Capital ( FD15 ).