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New Investment for Dealstruck Boosts Lending Capital to More than $100 Million

Fintech Labs Insights

Dealstruck has raised $10 million in new capital from Community Investment Management. The online business lender now has a total capital of $70 million and says the investment will enable it to lend more than $100 million to small businesses. “And growing the capital pool means more access and more opportunity.”

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2020 GonzoBanker Awards

Gonzobanker

Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. You know that dog either has Capital One or Delta Amex. BCU has worked tenaciously to create a near-lights-out lending process with its consumer originations.

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Eyes Facing Forward

Independent Banker

But industry consultant Joseph Cady says community banks can stand up and win against the new breed of technology-tethered competitors, including online-only lenders. The catch phrase for new nonbank competitors leveraging digital operations and service channels against community banks can conjure up daunting challenges.

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The 2015 GonzoBanker Awards

Gonzobanker

In the age of Twitter, Apple Pay and Lending Club, it’s important to remember the shareholder performance delivered by Gleason and team when compared to the behemoths. To Facebook’s Jerry Canning , a solid digital panelist at the ABA conference who pointed to the need to engage in conversations online with the customer, “the new CMO.”

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Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

The fintech sector attracted $332 million in new capital the first week of August. Four of those came out of the most recent batch of companies launched from accelerator 500 Startups , where each received $125,000 in seed capital. HQ: San Diego, California. Online payment service. Middle market capital matchmaker.

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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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