Newsletter Sent On: 06/26/2019

Watch Capitol Hill Hearing on COJs Today LIVE Read more

As New Regulations Sweep The Industry, Find Out Where The Next Big Opportunities Are
Change is coming to the small business finance industry. Are new opportunities on the horizon? Be sure to find out when you attend one or both of these two great upcoming events! Read more

UnTethered: How The Entire Crypto Bull Run of 2017 May Have Been a Mirage (And Why Its Resurgence May Be Too)
Bitcoin recently jumped back up over $12k, but is the whole market artificial? Before you jump back on the crypto bandwagon, read this. Read more

The Industrial Hemp and CBD Industries, and the Potential Risks for Merchant Cash Advance Funders
This was authored by Josh Herndon of Global Legal Law Firm Read more

Federal Lawmakers Not Convinced NY Confession of Judgment Ban is Enough
The recent New York State law that effectively ended the era of Confessions of Judgment in the small business finance industry is apparently not enough to satiate the outrage of some federal lawmakers... Read more

Ocrolus Raises $24M
Ocrolus, the only automation platform that analyzes financial documents with over 99% accuracy, yesterday announced $24M in Series B funding led by Oak HC/FT, a premier venture growth equity fund with deep fintech expertise. Read more

Balboa Capital Survey Reveals 65% of Small Businesses Obtained Lines Of Credit from Non-Bank Lenders
Balboa Capital’s online survey was sent to a sample of small business owners in a wide variety of industries nationwide to gauge their knowledge of business lines of credit, and to assess the demand for this business funding option. Read more

It's Official, The Confession of Judgment Era is Over
The New York State legislature passed a bill (S06395) late Thursday night that effectively eliminates Confessions of Judgment (COJ) in the small business finance industry.The Senate voted in favor... Read more

Cross River Bank Acquires Seed
Via Reuters: The acquisition will enable Cross River to expand both its technology and its small business banking offering, it said. Read more

Michele Romanow to Keynote deBanked CONNECT Toronto
Michele Romanow, a TV star on Dragon's Den and Co-founder of Clearbanc, will be the keynote speaker at deBanked CONNECT Toronto on July 25th. She joins other industry executives speaking at the event ... Read more

Square is Expanding Access to Bitcoin Deposits
Via Coindesk: The company itself has been investing heavily into bitcoin and its ecosystem, bringing in $65.5 million in revenue through the world’s largest cryptocurrency by market cap in the first quarter of 2019 alone (though the actual profit was a more modest $832,000). Read more

Bernie Sanders Pushes Plan to Cancel All Student Loan Debt
Via CNN Read more

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

Three Years of Brexit Turmoil and Yet UK Fintech is Thriving
Via LendAcademy Read more

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

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