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Lendified And The SMB/Millennial Connection

PYMNTS

Lendified , which offers loans to small Canadian businesses online, said earlier this month that it has secured a $20 million credit facility through Liquid Capital. So it is with the extension of credit to smaller firms who need the funds to gain top-line traction.

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Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO

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2) for DPCM Capital Inc. , Hims , a direct-to-consumer company selling health products targeted at millennials, is using a SPAC to go public , for example. There’s a real need for quick, confidential capital and price certainty and for sponsorship in the markets,” he said. Emil Michael filed an S-1 prospectus on Friday (Oct.

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Hotels, And India’s Middle Class, Show Path For Online Travel

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When it comes to retail, general commerce and online payments, the increasingly powerful middle class in India will probably get major credit in future textbooks for shaping the global digital economy. Look no further than an India-based hotel operation called Oyo for further evidence of that. Winning Formula.

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Data Shows 42 Pct Of Small Cap US Businesses Failing To Turn Profit

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The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. That group has seen a 129 percent gain and its market capitalization has hit over $14 billion, the Financial Times wrote, over $5 billion ahead of the runner up. The number of small U.S. Nicholas Bohnsack , president of U.S.

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Why Small Business Owners Should Always Have An Exit Strategy

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The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. The high failure rate of a new small business has entrepreneurs focused on simply surviving their first few years in operation.

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Today In Payments: Amazon One Lets Consumers Pay By Hand; Stripe Heads $12M Funding Round For PayMongo

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Filipino online payments platform PayMongo raised $12 million in a funding round led by Stripe, and also including existing investors Y Combinator and Global Founders Capital, and new investor Bedrock Capital. Why Millennials And Gen Z Could Save 2020's Holiday Shopping Season. consumers will do.

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French FinTech Lemon Way Gets $28M For API Expansion

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million (€10 million) led by Breega capital, with participation from Speedinvest. “We Lemon Way’s target market is booming: B2C, B2B and financial online marketplaces are emerging all over Europe and are expected to continue their strong growth trajectory,” added George Koulouris, partner at Toscafund. that caters to millennials.

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