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Michigan credit union helps members borrow from friends and family

American Banker

Michigan State University Federal Credit Union is working with the relationship-based lending app Zirtue to offer members a tool for outlining lending agreements and repayment plans.

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PayPal (Maybe) Pulls Ahead Of The SMB Lending Pack

PYMNTS

” Additional research examined the state of small business finance for Q1, revealing a healthy level of competition between traditional lenders and FinTechs like PayPal vying to capture more of the small business borrowing segment. . 4 spots, respectively). Beyond the U.S. , billion lent to SMBs in the quarter.

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Gulf Winds’ Data Driven Approach To Member Retention

PYMNTS

Its omnipresence is altering how members want to interact with their CUs, though regulatory and compliance issues often mean that members cannot reasonably expect the same lightning-fast interactions they might get from banks and FinTech firms. Developments From Around The World Of Credit Unions. The CUs were able to eliminate more than $2.5

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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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The United States Of Fintech: The Most Well-Funded Fintech Startup In Each State

CB Insights

Following our previous mapping of the most well funded startups in each state and most well funded food & beverage startups in each state , we used CB Insights database to identify the most well-funded private fintech startup in each state. FINTECH TRENDS Q3 2017 RESEARCH BRIEFING. Click on the image below to enlarge. 15.7. . $

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VCs Back Autobooks For SMB Banking

PYMNTS

FinTech Autobooks announced new funding to support its SMB banking solutions. Banks and credit unions are looking for differentiated product offerings that not only deliver value for their members, but create new revenue streams and lending opportunities.”. Reports Monday (March 13) said Autobooks secured $5.5

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The Largest Mortgage Lender In The US Is Going Public

CB Insights

Detroit, Michigan-based Rocket Companies — a holding company that comprises mortgage lending brand Rocket Mortgage, among others — is going public. This filing comes on the heels of a flurry of recent fintech IPOs from companies like Lemonade , SelectQuote , and nCino. Free Download: State of Fintech q1’20.

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