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Lending Club’s Renaud Laplanche Is Back With A New Venture

PYMNTS

Renaud Laplanche, Lending Club’s former CEO, is back with a new internet lending startup called Credify Finance Corp. But despite its early status, Credify comes into the market pre-wired for lots of attention — since its founder is both famous and infamous in online lending circles. Department of Justice.

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Barclays Eyes US Expansion

PYMNTS

housing market during the last recession. Since then, it launched an online lender in Delaware, which collects term deposits to fund its large U.S. billion of deposits to its Delaware operation. In addition, sources say that Barclays is putting more capital behind its U.S. credit card operations. credit card business.

Delaware 101
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Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

PYMNTS

Holdaway will be based in Wilmington, Delaware, and will start his new position in July. across credit cards, online savings and loans,” said Rodrigues. into the future as we continue to leverage our global capabilities and deepen our presence in the market.” We are delighted to welcome him to our U.S. and Germany. .”

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SoFi’s $500M Pickup (And The Big Expansion It’s Fueling)

PYMNTS

SoFi, the San Francisco–based lending startup, has by all reasonable metrics hit the ground in 2017 running. To open the month of February, SoFi announced it had acquired online banking startup Zenbanx. So why such a big round — and what will it mean for the little online finance firm that is quickly moving to become a lot less little?

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Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

While the blockchain-related announcements range from the credible to the laughable to the possibly criminal, the analysis overall demonstrates the market’s bullish attitude toward blockchain and crypto. Companies are arranged in descending order of market cap (as of 03/16/18). . Exchange: OTC Markets. Longfin corp.

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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Banks are among the growing number of financial services giants investing in blockchain startups such as R3 CEV, which is working with an 80+ member consortium of banks, regulators, and technology partners to develop Corda, a blockchain platform designed to be the “new operating system” for financial markets. Cloud storage .