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

PYMNTS

Leveraging Risk the Right Way. Alt-lending is not only the right service at the right time, but it also uses existing data and relationships to create digital efficiencies that are strengthening BNPL’s proposition and in the case of traditional credit providers, the underwriting and risk management capabilities of issuers.

Lending 130
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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. Congrats to Randy and a great management team. The Customer Experience Award – Goes to Capital One for moving fleet-footed to react to the new realities of retail banking. Acronym of the Year. Has it worked?

Fintech 147
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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. billion of assets under management. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. Best of luck in the next chapter, Chris!

Idaho 148
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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

Kikka Capital. Personal financial management. HQ: Minneapolis, Minnesota. Tags: Consumer, advisors, investing, trading, ETFs, wealth management. Source: Crunchbase. Smartkarma. Marketplace for Asian investment research. Latest round: $4.7 Total raised: $7.5 HQ: Singapore. Source: FT Partners. Latest round: $4.5

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Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

Fintech Labs Insights

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 FlexScore was bought by United Capital . Wealth management platform. Risk management and compliance software. HQ: Minneapolis, Minnesota.

Company 12
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Fintech Fundings: 26 Companies Raise $280 Million in 4th Week of June

Fintech Labs Insights

Pearl Capital. B2B ecommerece credit management. HQ: Minneapolis, Minnesota. Banking & money management for students. Sentiment analysis for capital markets. Latest round: Unknown amount of new capital in Reverse IPO ($117 million value). Latest round: $30 million Debt. Total raised: $30+ million.