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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

FICO

Trends in the macro environment are seen throughout the credit card industry Rising prices, increases in the cost of securing and carrying debt, and the fear of higher unemployment rates are trickling through to consumer behavior on credit cards. Credit card lenders are not only dealing with higher loss forecasts in 2023.

Trends 52
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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

That makes the credit score provider the second most valuable alum (after Lending Club , currently trading at $6 billion). Canopy Tax (formerly Beanstalk). Tax & accounting practice management. Tax & accounting practice management. HQ: Omaha, Nebraska. billion valuation. Source: The Oregonian.

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Fintech Fundings: 113 Companies Raised $1.7 Billion in May

Fintech Labs Insights

P2P lending platform. HQ: Omaha, Nebraska. Online tax preparation. Company credit cards. Tags: SMB, credit cards, expense management, bookkeeping, controls, security. Source: FT Partners. Latest round: $153 million Series C. Total raised: $177 million. HQ: Hangzhou, China. Source: Crunchbase. Source: Finovate.

Company 17
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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

Alt-lending to small businesses. HQ: Omaha, Nebraska. Credit card with consumer controls. Marketplace lending analytics. Tags: Institutions, advisors, analytics, BI, lending, loans, securitization. Total raised: $42 million. HQ: Ahmedabad, India. Source: Crunchbase. West Creek Financial. Latest round: $28.5

Company 12