Newsletter Sent On: 06/19/2019

Michele Romanow to Keynote deBanked CONNECT Toronto Read more

Watch the NY Legislature Vote LIVE on COJs and More
The New York State Assembly and Senate are convening for the last time this year to vote on dozens of bills, among them one or two bills on the use of Confessions of Judgment. Links to live streams are here. Voting on bills will be going on all day Read more

That's All Folks! COJ Ban in New York May Pass on Wednesday
The New York legislature has until tonight to vote on two COJ bills. If they don't come up for a vote or fail to pass, the debate would be postponed until 2020. Read more

Enova Small Business Hires Two Industry Veterans to Lead ISO Partnerships
Enova Small Business, a leading provider of loans and financing to growth-minded small businesses in the U.S., announced that Justin Friedman and Jay Shaw have joined Enova Small Business as senior sales executive and senior manager of partner management, respectively. Read more

Long Island Business Loan Brokers Arrested in Bust
The owner of a Long Island based ISO/loan brokerage and several employees have been arrested, Newsday reports. Demetrios Boudourakis, whom deBanked has previously reported on, is charged with... Read more

Bankruptcy Recourse in MCA Agreements
Via JD Supra Read more

Velocity Group USA Announces $100 Million Equity Facility
Velocity Group USA, based in Melville, New York, announces that in addition to its current facilities, it has obtained up to a $100 million equity facility from an inte... Read more

LendingClub Extends Balance Transfer to More Borrowers
New product introduced at LendingClub Read more

Senator Elizabeth Warren Questions Federal Agencies About Discrimination in Fintech Lending
Senator Elizabeth Warren and colleague Senator Doug Jones (D-AL) addressed a letter to multiple federal agencies to inquire about their individual roles in overseeing fintech, particularly a... Read more

Prospa, An Online Business Lender, Goes Public In Australia
Another online small business lender has gone public. This time it's Australia-based Prospa, a company founded in Sydney in 2012. Prospa offers daily and weekly payment business loans with terms from ... Read more

Reliant Funding CEO and Founder Wins EY's Entrepreneur Of The Year
Reliant Funding CEO and Founder Wins EY's Entrepreneur Of The Year 2019 in San Diego Read more

Credit Invisibles Recap - Presented by Canadian Lenders Association in Toronto
The Canadian Lenders Association's (CLA) workshop on credit invisibles and credit deserts was held at the Toronto law offices of Blake, Cassels & Graydon on June 5th. Situated in the financial distric... Read more

Get Certified in MCA Basics
Make sure you know how MCAs really work before you sell them Read more

Register for deBanked CONNECT Toronto
Time is running out for a discounted rate on a hotel room at the Omni King Edward Read more

A deBanked event is coming to Canada on July 25, 2019

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