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Never A Dull Moment: The Wild Week With CurrentC, Uber And Lending Club

PYMNTS

CurrentC has announced its curtain call, Uber moved to sweeten the deal for its drivers and Lending Club proved the firm is far from out of surprises. We want to say a special thank you to everyone who participated in our CurrentC beta test in Columbus, OH! Lending Club — Never A Dull Moment. What’s worth watching?

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Gonzo Notes from Money20/20

Gonzobanker

By 2019, eMarketer is forecasting $210 billion in spend and estimating that mobile payments will surpass payment cards. Only time will tell if that happens, BUT even if it’s close, financial institutions need to make sure their cards are loaded to the mobile wallet. Innovation we saw that we’re all not talking about enough: lending.

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Looking back on Money 20/20

Celent Banking

In addition to a stand-alone app, Chase Pay will also be available as a payment option inside CurrentC, the wallet that MCX has been piloting in Columbus OH, the results of which were presented and greeted with a tentative applause during another keynote at Money 20/20. The third theme seemed to be a little more contentious.

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The 31 European Unicorns Ranked By Valuation

CB Insights

Company Description: The UK-based fintech company provides property financing and loans to small- and medium-sized businesses using its online platform, Acorn, which uses machine learning to make lending decisions. Total Funding: $336M. Select Investors: Index Ventures, DST Global, Ribbit Capital. Valuation: $1.7B. Total Funding: $434M.

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Fintech Fundings: $110 Million Raised by 13 Companies Week Ending Dec 4

Fintech Labs Insights

Small business lending technology. Mobile bank/card. HQ: Columbus, Georgia. Tags: Enterprise, merchants, SMB, PFM, transactions, debit/credit cards. HQ: Sydney, Australia. Source: Crunchbase. Short-term online consumer loans. Latest round: $11.4 million Series A. Total raised: $11.4 HQ: Vancouver, Canada. Clearpool Group.