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Fintech Nexus Staff
JoinedMay. 30, 2017
Articles5,302
Comments63
This piece was created by one of our content team members. Reach us at [email protected]
FintechNews Roundup
·Apr. 30, 2019

India Takes Beats Out China in Q1 2019 Fintech Funding

It has been a rough time for fintech in China as funding fell 87.6% year over year to $192.1 million...
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EuropeFintechNews Roundup
·Apr. 30, 2019

New £1 Billion UK Debt Fund Targets Non-Bank Lenders

European Risk Capital (ERC) has launched a new fund for mid-market non-bank lenders; the program is called CreditStream and targets...
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EuropeFintechNews Roundup
·Apr. 30, 2019

Regulator Approves PayPal/iZettle Deal to Move Forward

The Competition and Markets Authority (CMA) has now given provisional approval of the deal which was originally announced last year;...
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FintechNews Roundup
·Apr. 30, 2019

Announcements & Releases for April 30, 2019

Citi launches NextGen AI compliance project Blend’s Erin Collard: Mortgages are the data superset of every other financial product Venture...
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Embedded Financemarketingneobankroboadvisor
·Apr. 29, 2019

Wealthfront’s $1 Billion of Cash in Two Months

In news of cross-selling financial products across categories, roboadvisor Wealthfront has gathered a nifty $1 billion of deposit assets for its 2.29% interest-yielding non-bank cash account. Given that the firm has a little over $10 billion in managed investment assets, charges somewhere between 0 and 25 bps on those assets, and took years of wiggly pivoting to get to the current stage, it is fair to consider this influx a big win in terms of client traction. It is also $22 million of annual interest payments. A couple of things come to mind that are worth pulling apart.

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EuropeFintechNews Roundup
·Apr. 29, 2019

What’s Going on at Revolut

Revolut CEO Nikolay Storonsky recently wrote that Revolut was not the same company it was 12-18 months ago after stories...
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FintechNews RoundupUSA
·Apr. 29, 2019

John Hancock Backs Wealth Management Platform

The new fintech company is called COIN and targets millennials and other first-time investors; it aims to educate investors on...
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FintechNews RoundupUSA
·Apr. 29, 2019

Banks Still Aren’t Lending to Small Businesses

A new report is out from Oxford Economics which found that a decade after the financial crisis, small businesses are...
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FintechNews RoundupUSA
·Apr. 29, 2019

Lend Academy Podcast: Tim Chen of NerdWallet

The CEO and Founder of NerdWallet talks fintech, consumer finance and the changes that are coming. In less than a...
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FintechNews Roundup
·Apr. 29, 2019

Announcements & Releases for April 29, 2019

Moody’s: “Banks Could Benefit Significantly from the Development and Implementation of Blockchain” All tests are not created equal: choosing the...
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