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""We believe very positively on the opportunity of FinTech, particularly marketplace lending" This is a "long wave opportunity" to fund and build other platforms and ecosystems. Canaan is going to continue to invest heavily in the ecosystem."

Unlike many other significant anti-poverty measures passed by Congress in history, this one has a short time horizon, with almost all the relief for families going away over the coming year. That could be an abrupt awakening for Americans who have grown accustomed to financial support since Congress moved swiftly to create a stronger safety net at the start of the pandemic a year ago. It also lacks the bipartisan imprint of former President Trump's bills, which directed money in larger measure to companies as well as individuals.

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