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Fintech Nexus Staff
JoinedMay. 30, 2017
Articles5,307
Comments63
This piece was created by one of our content team members. Reach us at [email protected]
Fintech
·Aug. 10, 2022

Upstart earnings disappoint

Upstart announced Q2 earnings on Monday, disappointing investors. The company lost $32.1 million overall, on total revenue of $228 million.
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Fintech
·Aug. 10, 2022

Don’t throw out blockchain during cryptocurrency crisis

DeFi is positioned to boost our economy by reducing our reliance on an antiquated and expensive jumble of legacy payment systems.
Read Full Story
Fintech
·Aug. 10, 2022

Jump Crypto leads Injective’s $40M round to help expand DeFi applications

Even though digital asset markets have been shaky, the blockchain sector continues to scale as demand increases from both crypto-native and traditional institutions looking to use the technology. Layer-1 blockchain Injective has raised $40 million in a round led Jump Crypto, Eric Chen, CEO and...
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Fintech
·Aug. 10, 2022

Celsius CEO Cashed in After Bankrupt Crypto Lender’s Token Surged

This is the first time the address attributed to co-founder Alex Mashinsky was used since the company froze withdrawals and entered bankruptcy.
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Fintech
·Aug. 10, 2022

Midas.investments releases CeDeFi strategies for the bear market

Utilizing a combination of tools from CeFi and DeFi, Midas.investments has proposed strategies to create yield even in an economic downturn.
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Fintech
·Aug. 10, 2022

No, Crypto Exchanges Are Not Like Stock Exchanges

SEC Chair Gary Gensler lays out some sensible goals, but his proposals are a nonstarter. ...
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Fintech
·Aug. 10, 2022

Income verification outfit Truework raises $50m

Truework, a fintech company that provides income and employment verification for the nation's largest mortgage, auto, and consumer lenders to approve more borrowers in a fraction of the time, today announced it raised $50 million in Series C funding.
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Fintech
·Aug. 10, 2022

Banking groups plead with Biden administration for bigger crypto role

Bank advocates say that stark government scrutiny of bank forays into digital assets has been misplaced and that if the administration would like to see responsible innovation in crypto, the banking system could be the place to do it.
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Fintech
·Aug. 10, 2022

What’s Going Wrong at Goldman Sachs’ Marcus Consumer Bank Unit

Turnover has been high, tensions between some executives are apparent, and the losses are mounting at Goldman Sachs' Marcus. Here's a look inside.
Read Full Story
Fintech
·Aug. 10, 2022

Coinbase Posts Steep Second-Quarter Loss Amid Crypto Meltdown

The largest U.S. crypto exchange posted its second consecutive quarter of losses, hurt by sharp loss in trading fees.
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