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The fintech plans to use the capital to scale its platform, which uses machine learning to make loan decisions, with a goal of reducing bias in underwriting.
November 2 -
To shore up the share insurance fund, the National Credit Union Administration would be wise to give the industry additional temporary investment options.
September 29Mission Federal Credit Union -
Fintechs are facing unique challenges in the pandemic. There might be a resurgence in funding on the horizon, but startups are looking to see what they can do now to weather the storm.
July 31 -
Many states are offering additional flexibility as more consumers dip into their savings as a result of the pandemic’s economic fallout.
April 9 -
Credit unions intensified their focus on gathering deposits in 2019 but many institutions are still looking for cheaper core funding.
March 12 -
The Treasury Department's CDFI Fund issued nearly $32 million to credit unions this week after providing $3.5 million in technical assistance grants earlier this year.
November 21 -
Goodbox has raised £1 million (about $1.3 million) in capital, mostly from individual investors using the crowdfunding platform Seedrs following a 2017 investment from tennis star Andy Murray.
October 21 -
Bond Financial Technologies' platform is designed for community and regional banks seeking fintech expertise.
August 27 -
The pilot program will give out grants up to $25,000 so smaller low-income minority depository institutions can set up mentoring programs with larger credit unions.
August 1