Online Lending
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Finance
India’s Lendingkart raises $30M to help small businesses access working capital
As India continues its race to adopt digital payments at a pace and scale seen rarely worldwide, the country’s startups…
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STARTUPS
Drip Capital raises $25M to help exporters access working capital
Drip Capital, a startup that helps small and medium-sized exporters secure working capital, has raised $25 million to expand its…
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Trends
US mobile bank MoneyLion raises $100 million at ‘near unicorn’ valuation
There’s a new fintech startup in the U.S. that is inching closer to the unicorn status. New York City-headquartered MoneyLion,…
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Finance
India’s 30-year-old MyMoneyMantra raises $15M to scale its financial services marketplace
MyMoneyMantra, a 30-year-old New Delhi-based firm that operates a marketplace of financial services, has raised $15 million in its maiden…
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Trends
WeChat is quietly ranking user behavior to play catch-up with Alibaba
Over one billion people leave behind trails of information on WeChat every day as they use the messenger to chat,…
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After much drama, LendingClub founder Renaud Laplanche gets a slap on the wrist by the SEC
In May of 2016, LendingClub CEO Renaud Laplanche faced the most embarrassing outcome imaginable for a founder. He was forced…
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Understanding Renaud Laplanche’s next Upgraded act
Renaud Laplanche spent ten years building LendingClub. In the process, he created an industry from scratch. Circumventing conventional banking channels…
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The ambitious real estate ‘unicorn’ Opendoor just made its first acquisition, snapping up Open Listings
Opendoor, a four year-old, San Francisco-based company, has from the outset intended to make it possible to buy and sell…
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