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DECEMBER 23, 2019

All three lenders are trying to find other ways to finance SoftBank that would minimize risk, the sources said. SoftBank is an important client so we want to do everything we can to help, but we have to consider our credit risk,” said a senior banker. office-sharing startup WeWork. SoftBank’s interest coverage ratio is 1.3,

Credit Risk 52

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OCTOBER 7, 2016

6) it has acquired a 100 percent ownership stake in FinTech startup Plati Potom. Plati Potom develops post-payment solutions for eCommerce and offline retailers, as well as data analysis and credit risk management tools. QIWI announced on Thursday (Oct.

Data Analysis 55

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OCTOBER 4, 2019

More than $874 million in fresh funding landed at B2B startups this week across a range of market segments and geographies. based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. India-based expense management startup Fyle announced $4.5 million.

B2B 51

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SEPTEMBER 19, 2019

challenger FinTech Cashplus has hired a commercial card risk expert from American Express, reports this week said. 18), Cashplus announced Rahul Duseja will join the company as its credit director. He comes from American Express as its head of credit risk for U.K. According to reports Wednesday (Sept.

Credit Risk 43

Credit Risk Banking Startups Finance 43

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JUNE 1, 2020

invoice insurance provider Nimbla is teaming up with the credit risk assessment firm Wiserfunding , according to a report in Crowdfund Insider on Friday (May 29). The partnership is a result of the launch of the FinTech task force Innovate Finance , which took place in March, the report said.

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JUNE 27, 2016

While last week was a fairly impressive week for B2B venture capital, investors swooped in on their dark horses to give an extra bump to B2B financial services startups. “Their solution takes on outdated accounts receivable processes, automates it then underwrites the credit risk for the seller.”

B2B 41

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SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms.

Cash Management 53

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JANUARY 26, 2018

Capital Match operates a digital invoicing platform and helps small businesses with credit risk and financing linked to SMB invoices. The company’s strategy to develop this platform is to acquire local FinTech startups; tryb said it will use the funding to finance those acquisitions. StreetShares. Human Resources. Cybersecurity.

B2B 54

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APRIL 16, 2019

But it occurred to them that their solution was useful outside of HR — and that many of the things that made someone a good hire of over time could also make them a good credit risk over time, if the artificial intelligence (AI) model they were using to screen with were modified to that task.

Banking 89

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AUGUST 10, 2018

Now a young company in Germany called Grover hopes to use a fresh investment worth about $47 million to expand its business of offering rentals of phones, consumer electronics, drones, gaming gear and other products to consumers and startups. We rolled it out to 100 very loyal customers who we know have very good credit risk,” Antonioli said.

Credit Risk 44

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DECEMBER 5, 2018

. “Banks liked to do things in-house, [but] that attitude has been changing for the last decade — they’re much more willing to partner with what’s not really a financial services company, but a tech startup to help them outsource product development and stay competitive,” Simkins said. But the cyber risk is new.”

Securities 76

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JANUARY 6, 2021

We just got started in 2020, which was a very unique time to be born as a startup,” Niparts said, but admitted to being lucky to have landed in Vietnam which has fared better than most of its peers, both economically and in terms of containing the coronavirus.

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MARCH 5, 2019

When food delivery startup Munchery closed its doors in January, it literally left dozens of small businesses holding the bag. As much as 24 percent of monthly revenues for SMBs are tied up in accounts receivable or trade credit, which stymies cash flow. Just take the recent story of Three Babes Bakeshop in San Francisco.

B2C 63

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APRIL 7, 2017

Whether it’s decisioning models used for fraud, credit risk, customer operations or marketing, AaaS can be a powerful tool in helping a company address whatever it is trying to solve. Whether that decision flow is around marketing, credit risk, customer operations and retention, etc., The “Buy Vs. Build” Decision.

Credit Risk 49

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MARCH 8, 2016

All lenders, from online startups to large banks, must follow consumer financial protection laws. “When consumers shop for a loan online, we want them to be informed and to understand what they are signing up for,” said CFPB Director Richard Cordray. It’s really too early to tell,” Webster wrote.

Credit Risk 40

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OCTOBER 1, 2018

“When I founded my first startup, it got me thinking — banks are middlemen,” Laplanche said after having learned from friends and family that they would have bankrolled his first startup for less than the interest he was paying on his credit card balances.

Valuation 54

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AUGUST 8, 2017

The vast majority of money going into FinTech is chasing a small number of well-known startups. We see a huge opportunity to support these companies while providing a superior risk-adjusted return to investors.”. “ID

Finance 42

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JULY 17, 2017

Credit risk is relatively stable overall,” said Noreika. Vigilant, and focused on increased new ground where the lines between FinTech startups and traditional banks are starting to run thin, that is. Nonetheless, we must remain vigilant.”.

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APRIL 30, 2018

According to a Crunchbase article published in February of 2018, investments in blockchain and blockchain-related startups (excluding initial coin offerings, or ICOs) were already 40 percent of what they were in 2017. Consider the money being poured into it. And in 2017, those investments were off-the-charts nuts. Digital Banks.

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DECEMBER 10, 2016

When I founded my first startup, it got me thinking — banks are middlemen that can and should be disrupted,” Laplanche noted in a 2007 interview on how he came up with the idea of Lending Club. And disrupt Lending Club did, with its marketplace lending model, scores of imitators in the U.S.

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AUGUST 20, 2020

Earlier this month, the startup inked a deal with Visa involving an investment and “partnership.” Behalf said that B2B sellers can use its product to “receive payment upfront, without the need to assume credit risk. Entrepreneurs Benjy and Shai Feinberg, who founded Behalf in 2012, will stay on with the company as advisors.

B2B 64

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OCTOBER 12, 2018

Nubank : Gets a $180 million investment from Tencent, which brings Tencent into the Latin American market and also makes Nubank among the most highly valued startups in the region. Wall Street also is raising concerns over credit risk as the firm branches out into consumer-facing installment loans.

Advertising 42

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JUNE 16, 2016

FICO is best known for its consumer credit rating services, but the company revealed Tuesday (June 14) that it will launch a new product that rates the security of corporations. FICO announced this week that it has acquired QuadMetrics, a cybersecurity startup. Known as Fair Isaac Corp.,

Securities 41

Securities Credit Risk Startups Planning 41

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MAY 5, 2017

Cross-border payment startup Airwallex went cross-border for its latest funding round. With the funds, IceKredit will focus on providing third-party risk management solutions, enabling traditional financial institutions to remain compliant with shifting credit risk control rules and providing lenders with loan management solutions.

B2B 54

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DECEMBER 19, 2016

Those kids took lower-paying jobs just to have one — the undergrad in art history from Colby who took a job as a barista at Starbucks or underpaid member of a starving startup team — while others stayed in school longer since they couldn’t find even so much as that. For instance, what does it mean for a millennial to be a good credit risk?

Advertising 88

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NOVEMBER 28, 2016

Mortgages and credit cards have been important sources of loans. Entrepreneurs often use personal credit cards to finance the very early days of their startups. Part of that is promoting startups. That includes people who open pet stores, restaurants and small retail stores dotting Main Streets across America.

Economics 51

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APRIL 24, 2020

Why AI’s Early Adopters Are Laser-Focused On Credit Risk And Payments. These circumstances have illuminated what has been a longstanding central concern for lenders: determining and managing credit risk. The neck-and-neck jockeying puts a media conglomerate against a media startup.

Credit Risk 56

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