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Barclays Eyes US Expansion

PYMNTS

In addition, sources say that Barclays is putting more capital behind its U.S. Since then, it launched an online lender in Delaware, which collects term deposits to fund its large U.S. accounted for 40 percent of the bank’s profits, and around a fifth of the bank’s capital is allocated to the country. checking account offering.

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SoFi’s $500M Pickup (And The Big Expansion It’s Fueling)

PYMNTS

SoFi, the San Francisco–based lending startup, has by all reasonable metrics hit the ground in 2017 running. With that acquisition, SoFi also acquired Zenbanx’s partnership with Delaware-based WSFS Bank and access to the bank’s charter and banking license. An “Opportunistic” Round.

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From Farce to Menace

Independent Banker

Even more obviously absurd, one provision would allow community credit unions in seven states—Montana, Alaska, Delaware, North Dakota, South Dakota, Vermont and Wyoming—to serve their entire state. Basically, all air-breathing mammals in the United States would qualify to be credit union members.

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Sizzle/Fizzle: In Banking, Truth as Currency

PYMNTS

The jury is also still out as to whether London will remain Europe’s banking capital. That might impact not just office space, but lending activities and even FinTech. million to Delaware — to resolve predatory subprime auto loan allegations. Auto lending is big business for Santander — it is $38.5

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Finance in motion— $1B moved for $0.02

Lex Sokolin

fee on Binance, $600M of Tether printed, $200M in DeFi lending This is what it looks like, this change in the atmosphere, the fireflies all lighting up as the night comes in. Every other person had a physics PhD and worked in risk management for large capital markets trading desks. Finance in motion— $1B moved for $0.02 We are here.

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Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

Ziddu focuses on blockchain-backed solutions that offer microfinance lending against collateralized commodities in the form of Ziddu Coins — in other words, blockchain-based technology that could hypothetically make it easier for LongFin to collect collateral from borrowers. ” — as well as another relocation, this time to Florida.

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Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

PYMNTS

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. Holdaway will be based in Wilmington, Delaware, and will start his new position in July. and Germany.

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