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Fintech

FintechNews RoundupUSA
·Jan. 29, 2019

Online Small Business Lending Platforms Helped to Fuel Economic Growth

When banks pulled back from lending to any small business perceived as risky in the wake of the financial crisis...
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FintechNews Roundup
·Jan. 29, 2019

CB Insights Report Highlights 2018 Fintech Funding

According to CB Insights, fintech companies raised $39.6 billion in 2018, up 120% from the previous year; the number of...
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FintechNews RoundupUSA
·Jan. 29, 2019

Banks Unsure Where AI Fits best

Artificial intelligence usage continues to increase inside the banking world and banks are trying to figure out where to best...
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FintechNews RoundupUSA
·Jan. 29, 2019

Banks and Fintechs Argue Over Payments Systems

Banks and fintech firms are in competition over payments systems and each thinks real-time payments should be run differently; Bank...
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FintechNews Roundup
·Jan. 30, 2019

Announcements & Releases for January 30, 2019

SBI Holdings’ $450 million AI- and blockchain-focused fund is weighing up an investment in Onfido Ultimate Finance lends record £1.4bn...
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FintechNews RoundupUSA
·Jan. 30, 2019

Varo Money Raises Rates to Become Highest in Market

Varo Money has raised rates on checking accounts to 2.8 percent, the highest rate in the market and well above...
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FintechNews RoundupUSA
·Jan. 30, 2019

Marketing Budgets at banks Jump as Competition Heats Up

Capital One spent 81 percent more on marketing in Q4 2018 than it did in Q4 2017 and Discover’s marketing...
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FintechNews RoundupUSA
·Jan. 30, 2019

Credifi Helps Banks Gain Access to Out of Market CRE Loans

CRE loans hit their peak for banks right before the financial crisis in 2007, then prices started to crater by...
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EuropeFintechNews Roundup
·Jan. 30, 2019

TrueLayer Prepping Launch of Breakthrough Payments System for Europe

TrueLayer is currently in public beta testing for their new open banking payments service they bill as a breakthrough for...
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FintechNews RoundupUSA
·Jan. 30, 2019

dv01 Eyes Expansion Opportunities with New Round

dv01 shared they have raised a $15 million Series B round led by Pivot Investment Partners and included George Soros’s...
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