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Mobile Payments: Adornments For the U.S., mVisa For The Unbanked In Nigeria

PYMNTS

Consultants will don a Bluetooth reader that pairs with Apple iOS or Android smartphones or tablets, to accept payment of credit and debit cards. Louis-based startup has defied the odds and raised $750,000 during a slowdown in funding for Fintech startups. Louis with 10,000 people currently using the app. Mary Kay has 3.5

Mobile 100
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

With $580 billion in private-term loans and lines of credit and $62 billion in credit cards, they accounted for 56% of the small business financing market. As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to the St. Louis Fed : [S]mall-business loans—i.e.,

Lending 243
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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

The year ends with a total of about $19 billion invested into private fintech companies (includes debt and equity). It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. Louis, Missouri. Source: Crunchbase. million debt).

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

And there are few fintech success stories bigger than 2008 alum, Credit Karma , which scored $175 million this week at a reported $3.5 Total investment into the fintech sector this week were $240 million flowing to 12 firms. So far this year, fintech has attracted $7.9 Louis, Missouri. billion valuation. PromisePay.

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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

Fintech deals by size from May 7 to 13, 2016: Avant (AvantCredit UK). Louis, Missouri. Tags: SMB, payments, mobile, merchants, acquiring, credit/debit cards, mobile, POS. Total dollars raised YTD is now $14.7 billion, more than twice the $6.7 billion raised during the same period a year ago. Consumer alt-lender. billion Debt).

Company 12
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Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6

Fintech Labs Insights

Fintech deals by size from 30 April to 6 May 2016: VTS. Louis, Missouri. Prepaid debit card. Louis, Missouri. Accelerator: VC Fintech Accelerator (Little Rock, Arkansas). Tags: SMB, merchants, payments, point-of-sale, mobile, credit/debit card aquiring. Total dollars raised YTD is now $14.3 Source: Finovate.

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Fintech Fundings: 24 Companies Raise $440 Million Week Ending May 21

Fintech Labs Insights

Card-linked rewards & offers. Louis, Missouri. Pro Securities LLC (no website). The post Fintech Fundings: 24 Companies Raise $440 Million Week Ending May 21 appeared first on Finovate. Tags: Prepaid cards, gift cards. Latest round: $25 million. Total raised: $47 million. Source: NFC World. million ($6.5