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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

FICO

Census Bureau reports advanced estimates that retail sales were down 1.2% Rates typically peak after holiday shopping then come down as consumers receive their tax refunds and use it to pay down debt. Overall, housing prices are expected to hold their ground in 2023 while inventories return to more normal levels than in previous years.

Trends 52
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Fintech Fundings: 113 Companies Raised $1.7 Billion in May

Fintech Labs Insights

P2P lending platform. HQ: Omaha, Nebraska. Online tax preparation. Tags: Consumer, credit, auto loans, lending, underwriting. Source: FT Partners. Latest round: $153 million Series C. Total raised: $177 million. HQ: Hangzhou, China. Source: Crunchbase. Crowdsourced investment information. Source: Finovate. LeaseOnline.

Company 17
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Fintech Fundings: 27 Companies Raise $345 Million Week Ending August 14

Fintech Labs Insights

It was another stellar week for Finovate alums with 6 fundings totaling $123 million: money transfer service Payoneer ($50 mil), AI innovator Kensho ($33 million), tax specialist VATBox ($24 million), , cash-back specialist Mogl ($7.9 VAT tax refund solution . HQ: Omaha, Nebraska. Digital Retail Apps. million Debt, $12.5