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The United States Of Fintech Startups

CB Insights

The fintech space is gaining momentum. Last year saw a double record of $46B invested across over 2,800 deals to fintech startups — a 92% uptick in funding year-over-year. GET THE 83-PAGE q2 2019 FINTECH TRENDS REPORT. Q2’19 fintech funding topped $8.3B, boosted by a record quarter of $100M+ mega-rounds. KEY TAKEAWAYS.

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Ag lending outlook & top challenges

Abrigo

As farmers adjust their credit needs in response, banks with a higher share of agricultural loan activity (“ag banks”) may see demand for loans increase,” Kansas City Fed economist Francisco Scott said in a recent research report. Develop and manage relationships with ag borrowers. Department of Agriculture projects a 4.5%

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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. As was widely reported this past week, seven of them are trying to do so.

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Fintech Fundings: 19 Companies Raise $1.3 Billion Week Ending Oct 1

Fintech Labs Insights

Fintech circles were abuzz this week as four massive fundings pushing several companies higher up the billion-dollar valuation ladder (yep, I can avoid the U-word if I really try). student loans, the worldwide fintech total surpassed one billion ($1.254 billion to be precise) thanks to Paytm ($675 million), Avant ($325 million) and 17 others.

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Blooom Wins Grant from LaunchKC

Fintech Labs Insights

In fintech, some blossoms make their biggest blooms in the fall. In addition to a cash award of $50,000, Blooom will get 12 months of free office space downtown in Kansas City, and the opportunity to work with both a specific mentor team as well as local industry leaders and entrepreneurs from the area.

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Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Billion

Fintech Labs Insights

It was a blockbuster week in fintech with more than $6 billion in new funds flowing to the sector. Expense management solutions for small businesses. 401(k) management. HQ: Leawood, Kansas. Real estate technology. Using the blockchain for managing records. The vast majority, $5.9 HQ: Palo Alto, California.

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EyeVerify Teams Up with BioConnect to Boost Payment Security

Fintech Labs Insights

Less than a week before EyeVerify returns to the Finovate stage, the company has announced that it is integrating its Eyeprint ID technology with the BioConnect’s Identity Platform. See EyeVerify and more than 70 other fintech innovators as they demonstrate their latest technologies live on stage. million in funding.