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Fintech Deals to Watch: Fall Festivities

Gonzobanker

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Core: Core-n Mazes and Hayrides FIS acquired embedded finance provider Bond Financial Technologies and announced plans to spin off merchant solutions (to be named Worldpay ). LevelField Financial Inc.

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

Fintech Labs Insights

HQ: Chicago, Illinois. Incentive & rewards systems for financial institutions. Payments technology. Bridge Financial Technology. Back-office platform for financial advisors . HQ: Chicago, Illinois. Financial & time management service for freelancers. Consumer alt-lender. billion Debt).

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Fintech Fundings: 23 Companies Raise $685 Million Week Ending Dec 18

Fintech Labs Insights

The vast majority went into alt-lending including NYC-based Pave ($30o million), Australian P2P platform MoneyPlace ($60 million from Auswide Bank), and Chinese lenders Fengjr.com ($80 million) and Dashu Finance ($77 million). HQ: Chicago, Illinois. Diversified financial technology provider. Total raised: $300 million.

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Getting Mobile Ready

Independent Banker

Meanwhile, a number of other financial technology firms received major funding and rolled out new alliances and products. Community banks, given their limited technology and marketing resources, will rely on existing technology platform partners for future services. Collin Canright is a financial writer in Illinois.

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Payday Lending’s Long, Strange Trip Through 2016

PYMNTS

The Problem With PayDay Lending . There is neither a shortage of controversial topics in financial services or financial technology nor a shortage of subjects that tend to polarize people. Time to recognize the importance of lending for consumers and small businesses and for making the economy go ‘round and ‘round.

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Democratic Congressman Bill Foster seeks chairmanship of House Financial Services Committee Fintech taskforce

CFPB Monitor

Democratic Congressman Bill Foster, who represents the 11th District of Illinois, has sent a letter to Maxine Waters, Democratic Chairwoman of the House Financial Services Committee, to express his “strong interest in serving as the Chair of the Taskforce on Financial Technology and Innovation that will be convened in the coming weeks.”

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