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Search narrows for Wynn’s successor as RNC finance chair

(CNN)The urgent search for a new Republican National Committee finance chair has narrowed in on a few close Trump allies, multiple sources tell CNN, following the resignation last week of casino magnate Steve Wynn.In recent days, President Donald Trump has privately expressed his support for Tom Barrack, a longtime friend and CEO of Colony Capital, and Louis DeJoy,...

Rudy Giuliani doubles down: Trump didn’t violate campaign finance law in hush payment

(CNN)Rudy Giuliani doubled down Saturday night on his argument that President Donald Trump didn't violate campaign finance law when his personal lawyer made a hush money payment to porn star Stormy Daniels."Every campaign finance expert, Republican and Democrat, will tell you that if it was for another purpose other than just campaigns, and even if it was for...

Elizabeth Warren’s finance director leaving campaign

(CNN)Michael Pratt, Massachusetts Democratic Sen. Elizabeth Warren's finance director, is in the process of leaving Warren's presidential campaign as a result of the senator's recent decision to swear off soliciting money from wealthy donors during the primaries, according to a Warren campaign aide. News of the departure came at the close of the first quarter fundraising deadline, meaning...

MoneyLion raises $42M to grow its personal finance platform for the middle class

MoneyLion, the part lending, part savings and part wealth management app targeted at the financial middle class has raised $42M in Series B funding.This brings total equity funding to $67M since being founded in 2013. The startup provides an all-in-one platform for anything finance related. A user connects their bank accounts and credit cards and then gets personalized...

Liberis raises 57.5M to offer finance for small businesses paid back via customer card transactions

Liberis, the London-based fintech that provides finance for small businesses, has raised £57.5 million in new funding to help support the company’s growth. The alternative finance provider makes loans against a company’s future credit and debit card sales. The majority of the new capital being raised by Liberis is debt, which in turn will enable it to...

Even Financial acquires Birch Finance, a credit card rewards startup

On the heels of a funding round to the tune of $18.8 million, Even Financial has acquired Birch Finance for an undisclosed sum. Even offers products like a pre-approval API, real-time pricing, machine learning optimization, a product comparison and recommendation engine for consumers and more. Birch Finance, a TC Startup Battlefield alum that raised $1 million earlier this year, aims...

Bird hires Ubers former head of finance and director of corporate development

Bird, the scooter-sharing startup founded by former Uber VP of International Growth Travis VanderZanden, has brought a couple of former Uber employees to the flock. Joining Bird as VP and Head of Finance is Dennis Cinelli, who worked as Uber’s head of finance for global rides up until this month, according to his LinkedIn. Uber, of...

Personal finance startup SmartAsset raises $28M

I first wrote about SmartAsset nearly six years ago, when it launched its first product, a tool allowing prospective homebuyers to analyze the rent vs. buy decision and to see what kind of home they could actually afford. According to co-founder and CEO Michael Carvin, “On the consumer side, our strategy has never really changed. Our mission is...

Wynn resigns as RNC finance chair amid reports of sexual misconduct

close Video Steve Wynn resigns as RNC finance chair Casino mogul steps down amid allegations of sexual misconduct. Las Vegas casino magnate Steve...

Jet’s bankruptcy has Modi govt concerned

India's government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as Prime Minister Narendra Modi seeks to avert thousands of job losses weeks before a general election, two people within the administration told Reuters.The finance ministry has in the past year attempted regular updates from the banks, led by State Bank of...