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The tribe has received an estimated 28 million to 32 million from Plain Green since it was created, according to documents obtained by HuffPost that were filed in tribal court as part of alexandria cash advance case between the tribe's former chairman and other tribal leaders that involves the agreement with Think Finance.
A March 11, 2011, agreement between the tribe and Think Finance submitted as an exhibit in that case says that Plain Green had received 4. 5 to 5. 5 percent of the revenues collected by the operation, meaning Think Finance and other third parties received an estimated 500 million to 700 million.
T he huge possibility for profit in this industry has caught the attention of Silicon Valley investors, who look at the people on the fringes of the banking system and see a huge potential customer base.
Almost 10 million American households have no bank account. A merchant cash advance boston ma 25 million households (almost 1 in 5) have a bank account but also use non-bank financial products like payday loans. Think Finance has benefited from this flow of Silicon Valley money. Sequoia Merchant cash advance boston ma (which famously funded Oracle, Cisco, Yahoo and Google) and Technology Crossover Ventures (which has invested in Facebook, Netflix, Spotify and Vice) have each backed the company.