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Report: Digital Lender SoFi Eyes IPO Via SPAC

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Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. Office of the Comptroller of the Currency for its application for a national bank charter.

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Australian Cash’s Spelling #Fail

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The total value of that currency already in circulation reportedly stands at about $1.6 New Currency. Australia introduced the new $50 note last year, and reportedly printed the currency “with a host of new technologies designed to improve accessibility and prevent counterfeiting,” according to The Guardian. Other Typos.

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Global Blue Buy Shows Int’l Consumer Payments Allure for Ant Financial, Others

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To that end, Far Point Acquisition – which operates as a “blank check” company that focuses on financial technology deals – said on Thursday (Jan. The “blank check” concept focuses on pursuing mergers or acquisitions, and operating as “special purpose acquisition companies” to take those acquired firms public.

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FinTechs Find VC Favor Amid Collaborative Efforts

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As many as 20 “blank check” companies came into being in the latest half. The Office of the Comptroller of the Currency has said in the past week that it has invited FinTechs to seek national charters. Amid a bit more granular detail, of course, banks ramped up their investment activity. billion as measured in the first quarter alone.

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Protiviti Mulls CFOs’ Hesitancy On Data Tech

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For instance, only 20 percent of CFOs ranked RPA as a top priority, while blockchain, smart contracts and virtual currencies also failed to secure top spots on their lists. For example, 72 percent of CFOs rated their prioritization of virtual currencies to be between levels one and three.

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The Curse Of The (Startup) Cool Kids

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Cool kids get invited into the elite cool kid’s funding circle, which literally becomes a tradable currency just for being in the club. It seems that, just like high school, it’s the cool kids who get the attention, along with the perks and privileges of being cool.

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Today In Digital-First Banking: Open Banking Provider Fabrick Teams With Nets; Societe Generale, Credit du Nord To Merge Retail Banking

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Plus, Social Finance (SoFi) is reportedly in talks about selling to a blank-check company. . In today’s top news in digital-first banking, open banking provider Fabrick is collaborating with instant payments company Nets, while Societe Generale and Credit du Nord have approved a plan to combine their retail banking operations.

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