The funds helped the firms offset diminished revenue and preserve jobs, executives say.
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INVEST INSIGHTS
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FINANCIAL PLANNING
1. Why Riskalyze, Snappy Kraken took PPP loans: ‘It wasn’t a close call,’ CEO says
By Ryan W. Neal      3 min read
The funds helped the firms offset diminished revenue and preserve jobs, executives say. Read More →
AMERICAN BANKER
2. ‘There will be hundreds of fintech failures’
By Penny Crosman     9 min read
Jane Gladstone, new president of Promontory Interfinancial Network, says the recession will accelerate the shakeout among the nonbank disruptors and that small banks have an opportunity to forge new bonds with the survivors. Read More →
FINANCIAL PLANNING
3. With Brinker Capital deal, Orion gets new firepower to take on Envestnet
By Ryan W. Neal     4 min read
Instead of a sale, Orion’s private equity backers are reinvesting to help grow the company’s presence in the TAMP marketplace. Read More →
HOT MIC
Can wealthtech bring focus and stability to legacy businesses?
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Q: What do you think has been the biggest technological leap in wealth management over the last decade?

A: “Clearly digitization. Of virtually all the industries out there, wealth management is the most digital, and it’s ironic that the business processes and the operations have been some of the least digital and paper based,” says Jemstep CEO Simon Roy.
Get the whole conversation →
Raising Capital
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Earned wage access provider Wagestream raises £20 million for market share expansion
By Michael Moeser     3 min read
Fueling its market expansion, U.K. earned wage access startup Wagestream has raised £20 million (about $25 million) in a Series B fundraiser from several VC firms. Read More →
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