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Rethinking The Reputation Of The Merchant Cash Advance

PYMNTS

The rise of alternative lending and familiarity of growing names like OnDeck is beginning to shift public perception of the merchant cash advance, however. “The lending world has evolved,” Mallinger explained, adding that today, MCAs don’t necessarily mean sky-high interest rates and fees.

Capital 119
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June’s Top 12 Mobile Pay Moments

PYMNTS

On June 9, JPMorgan Chase recently announced that it secured a multi-year deal with Shell to accept Chase Pay at all of its gas stations. Now, as part of its new deal with Shell, it appears Chase is on its way to securing more support for its mobile wallet service that’s likely to be launched into market soon. ” RIP CurrentC.

Mobile 104
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Uber’s Loss Leaders, LendUp’s Big Push And Citi’s Continuing Costco Calamity

PYMNTS

The flooding in Louisiana — and the various tragedies associated with it — is the dark side of this truism. The firm is in expansion mode around the world, and the service is widely imitated, largely beloved by its users and, at this point, finds itself pretty securely positioned at the top of the ridesharing heap.

Cards 101
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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

million for its P2P lending platform for small businesses. Emailage raised an undisclosed sum for its fraud prevention technology keyed off email address. Alt-lender focused on lending against existing automobile titles. P2P real estate lending marketplace. Peer-to-peer lending marketplace. SmartAsset raised $3.8

Company 12
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Fintech Fundings: 113 Companies Raised $1.7 Billion in May

Fintech Labs Insights

P2P lending platform. Password management & secure digital wallet. HQ: New Orleans, Louisiana. United Mobile Technology. Online investment platform for secured loans. Tags: Consumer, credit, auto loans, lending, underwriting. Source: FT Partners. Latest round: $153 million Series C. Latest round: $22.5

Company 17