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How A Bank And A FinTechs Are Jointly Cracking The Code On Financial Inclusion

PYMNTS

Of course, banks have to be run with safety and soundness to protect those deposits, but they also have myriad public mandates, like fair lending, anti-money laundering and customer privacy. The teams at FinTech startup LendUp and Oakland-based Beneficial State Bank think very differently about that relationship. percent to 29.99

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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). Online identify verification. Secondary market for private company shares. Nous Global Markets.

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Fintech Fundings: 39 Companies Raise $930 Million Week Ending April 15

Fintech Labs Insights

Equities markets operator. P2P lending platform. P2P lending platform. Automotive lending platform. Lend Street Financial. P2P lending platform. HQ: Oakland, California. Student lending. HQ: Oakland, California. Tags: Consumer, lending, credit, underwriting. Latest round: $252.7

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Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

HQ: Oakland, California. Online payment service. Middle market capital matchmaker. Lending marketplace for small businesses. Online insurance broker. Fixed income markets enterprise software. Tags: Institutions, lenders, mortgage, lending, customer service, mobile, account opening. Latest round: $22.7

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Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

Despite turmoil in global equity markets, the fintech sector continued its 3-year bull market with 21 companies raising $259.1 HQ: Oakland, California. Online stock brokerage. Online mortgage advisor. Tags: Consumer, SMB, investing, peer-to-peer, equity, loans, lending. Latest round: $70 million Series D.

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