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LOS ANGELES, May 3, 2021 /PRNewswire/ Gold House, the premier nonprofit collective of Asian & Pacific Islander (API) cultural leaders, debuts socioeconomic-building ventures during Asian American & Pacific Islander Heritage Month amidst record-high API attacks.
Gold House Socio /Representation - Gold House continues reshaping public opinion through its 2021 A100 List, the definitive API honor for the 100 most impactful leaders of the past year. A100 Honorees are voted on by multicultural icons (including Andrew and Peggy Cherng, Lea Salonga, Ajay Banga, Michael B. Jordan, and Bob Iger, among others), 21 API nonprofit groups, and hundreds of Gold House members. The A100 List launches in support of
Gold House Unveils Suite of Socioeconomic Relief Amidst Record-High Attacks for Asian American & Pacific Islander Heritage Month apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
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After receiving Federal Deposit Insurance Corporation approval around a year ago, the parent company of mobile payment service, Cash App, has now opened up its own bank.
A subsidiary of Square, Inc., “Square Financial Services” will “offer business loan and deposit products, beginning with underwriting and originating business loans for Square Capital’s existing lending product. Moving forward, Square Financial Services will be the primary provider of financing for Square sellers across the U.S.” The launch of the bank venture came directly from Twitter and Square CEO, Jack Dorsey, who tweeted a link to an official statement regarding the start of banking operations.
Click HERE to find out ⭐ Square Announces Financial Services to Begin Banking Operations. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Square’s bank arm launches as fintech aims ‘to operate more nimbly’
Known for its innovations in the payments sector, Square officially now has a bank.
Nearly one year after receiving conditional approval, Square said Monday afternoon that its industrial bank, Square Financial Services, has begun operations. Square Financial Services completed the charter approval process with the FDIC and Utah Department of Financial Institutions, meaning it’s ready for business.
The bank, which is headquartered in Salt Lake City, Utah, will offer business loan and deposit products, starting with underwriting, and originating business loans for Square Capital’s existing lending product.