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Gusto Taps Nav to Help Clients Build Business Credit and Access Financing

Finovate

Under the agreement, Gusto’s small business clients will have access to Nav’s financial health insights as well as its network of financing options. Originally founded as ZenPayroll in 2012, Gusto has raised a total of $746 million. ” Nav was founded in 2012. Co-founder Joshua Reeves is CEO.

Finance 105
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Industry Statements on on Merchant, Payment Network Lawsuit Agreement

Electronic Payments Coalition

EPC STATEMENT: WASHINGTON – Electronic Payments Coalition (EPC) Executive Chairman Richard Hunt issued the following statement regarding the impact the interchange lawsuit agreement between U.S. Congress should put an end to the ill-advised Durbin-Marshall mandates and let the agreement merchants reached stand on its own.”

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MoneyGram To Settle With FTC For $125M

PYMNTS

According to the FTC , the company violated the settlement struck in 2012 that stemmed from charges that the company had aided and abetted wire fraud. Against this backdrop, the FTC said MoneyGram is paying the $125 million, and that a deferred prosecution agreement with the Department of Justice (DOJ) has been extended to May 2021.

FTC 64
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Lease-To-Own Services Make A Comeback With Overstock.com

PYMNTS

The retail chain originally launched a program called LEASE IT in 2012, aimed at providing an affordable solution to those who do not have credit or cannot benefit from layaway because they need the product immediately. Since its debut, LEASE IT has processed over one million leases, which prompted Sears to offer it on a grander scale.

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Sears Offers Online ‘LEASE IT’ Financing Program

PYMNTS

The retail chain originally launched LEASE IT in 2012, aimed at providing an affordable solution to those who do not have credit or cannot benefit from layaway because they need the product immediately. Since its debut, LEASE IT has processed over one million leases, which prompted Sears to offer it on a grander scale.

Finance 40
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Fastest-Growing Asia Pacific Fintechs, According to the Financial Times (2025)

Fintech News

Using a mobility-led approach via the Svamaan App, it streamlines loan origination, management, and collections. LenDenClub connects lenders with borrowers, offering risk analysis, default probability insights, agreement facilitation, and escrow transaction support via its AI and machine learning models.

FinTech 113
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LendingClub Settles With SEC, DOJ

PYMNTS

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. Those effects, however, were short-lived.

P2P 54