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Digital Bank Monzo Jumps Into Lending In The UK

PYMNTS

He added that jumping into more traditional lending “can get us a good way to profitability, if not even all the way.”. The eBank joins smaller rival Starling Bank on the lending front, becoming the second online bank in the U.K. banking market through a partnership with Ohio-based Sutton Bank.

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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.

Fintech 213
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In UK, FinTech Alliance Launches

PYMNTS

Movement to foster collaboration between FinTech firms and traditional financial firms continues to gather steam across the globe, aided by government encouragement and initiatives. FinTech Alliance debuted this week, with a roster that tops 500 members. digital bank, has set up shop in the U.S. banking charter. …

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Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

Fintech deals by size from 23 April to 29 April 2016: Mosaic. Digital banking company. Marketplace small business lending platform. HQ: Los Angeles, California. Tags: SMB, factoring, accounts receivables, trade finance, lending, credit, underwriting, Citibank (investor), Finovate alum. million ($98.3

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Fintech Fundings: 18 Companies Raise $400 Million Week Ending July 3

Fintech Labs Insights

headed for the beach, investors in the rest of the world unleashed a tsunami of cash into the fintech sector. billion in new fintech investments (not including Ant). HQ: Los Angeles, California. P2P lending. UK neo-bank startup. Latest round: $3 million Angel. Latest round: Undisclosed Angel.

Company 12
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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

million to its digital banking platform. Year-to-date fintech companies have raised $450 million in new equity, 67% more than the $270 million raised in the first half of January 2015. Startup digital bank. HQ: Los Angeles, California. SaaS banking platform. RealtyMogul took in another $18.4

Company 12
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Finovate Fall 2016 Live Blog – Day 2

William Mills

An App Store for FinTech applications. International lending platform – Create opportunities for Investors. 2015 formed aspire to address inefficiencies in alternative lending market. Los Angeles-based global company. “We Showing a virtual bank demo via Chrome browser on a Mac. to see how it will populate.