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Deserve, a credit card software company valued at $500 million in 2021, has faced a series of challenges–including having its largest customer, crypto lender BlockFi, go bankrupt. ....
Citing a congressional report, SBA says it will investigate PPP operations at several fintechs, community banks and other participants. The review raises questions about plans to open up the agency's flagship loan-guarantee program to more nonbanks. ....