BLEND OF OLD AND NEW: "There's just a certain percent of people that like to deal in cash," said Sasha Orloff, the CEO of high-tech startup LendUp.

LendUp Takes On Storefront Payday Lenders in Deal with MoneyGram

The mobile-centric consumer lender is turning to MoneyGram's vast retail network in an effort to reach borrowers who prefer to use cash. The partnership applies to borrowers in 15 states, but LendUp hopes to partner with a bank to take its service nationwide.

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