Author: OurCrowd

[Tala in Investor Place] Tala Gives Tech Firms a Good Name, Finally!

A Santa Monica, California-based company, technology firm Tala specializes in microloans. According to CNBC.com, these are loans that range from $10 to $500, made to people in emerging nations. Aside from the small denominations, which I’ll address in greater detail below, previous attempts to reach such borrowers were stymied by their lack of credit profiles. Read more...

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[Varo Money in Pyments] Varo Awarded FinTech National Charter

“Varo Bank’s opening … represents the evolution of banking and a new generation of banks that are born from innovation and built on technology intended to empower consumers and businesses,” said Brian Brooks, OCC’s acting comptroller in a statement. “As a new national bank, Varo joins the world’s most respected system of financial institutions and has the opportunity to become a household name as many other national banks have become.” Read...

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[DarioHealth in PR Newswire] DarioHealth Announces $28.6 Million Private Placement

DarioHealth Corp. (Nasdaq: DRIO), a pioneer in the global digital therapeutics market, today announced that it closed a private placement transaction with accredited investors, including healthcare funds and institutions from the U.S. and Israel. The company received aggregate gross proceeds of approximately $28.6 million, before deducting placement agent fees and other offering expenses. Read more...

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