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Startup Showdown Pitch Winner Has A New Model For Credit & Lending Options

Startup Showdown Pitch Winner Has A New Model For Credit & Lending Options

Kevin Mobolade’s entrepreneurial journey into the FinTech space started after drawing a personal connection to a business white paper. Growing up, Mobalade said he watched his immigrant parents navigate both the “struggles and the triumphs” of the American financial system. The problem wasn't just personal; it is

Nashville's Built Technology Raises $88 Million To Transform How Construction Projects Are Financed

Nashville's Built Technology Raises $88 Million To Transform How Construction Projects Are Financed

Nashville-based Built Technologies, a lending software for construction projects, closed a $88 million Series C funding round this week. The round included several big names in the VC community, including Lee Fixel’s new fund Addition. Fixel will also be joining Built’s board, according to a press statement.

Kennesaw-based FinTech Lending Startup Lands $125 Million in Growth Investment

Kennesaw-based FinTech Lending Startup Lands $125 Million in Growth Investment

LendingPoint, based out of Kennesaw, Georgia, announced this week a $125 million preferred equity investment from Warburg Pincus. The investment comes at a unique time in the FinTech and lending industries. CEO Tom Burnside told Hypepotamus via email this is LendingPoint’s first external capital injection, which comes as the

Kabbage aims to make banking more accessible with launch of business checking accounts

Kabbage aims to make banking more accessible with launch of business checking accounts

Atlanta-based startup darling Kabbage announced Wednesday the launch of Kabbage Checking, designed to make opening and using a business checking accounts more accessible to companies of any size. The launch expands Kabbage’s capabilities beyond just lending and moves the company closer to being a full-service financial services

Following Overwhelming Interest, Funding U Raises $5M to Scale Student Lending Nationally

Following Overwhelming Interest, Funding U Raises $5M to Scale Student Lending Nationally

Student lending startup Funding University has raised a $5 million strategic funding round in equity and debt. The $2.4 million equity portion was led by Silicon Valley-based Deciens Capital with participation from Valor Ventures, Asia-based fund GMO Ventures and additional angel investors. Additional investment was allocated in