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Fintech

FintechNews RoundupUSA
·Mar. 5, 2019

Chime Funding Round Values Company at $1.5 Billion

The company has raised a $200 million Series D round which was led by DST Global; new investors include Coatue,...
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FintechNews Roundup
·Mar. 6, 2019

Announcements & Releases for March 6, 2019

Citi Ventures’ Arvind Purushotham: ‘What happened in marketplace lending has migrated to all financial services’ Praetura Commercial Finance secures £10m...
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FintechNews RoundupUSA
·Mar. 6, 2019

Jackie Reses Discusses Square’s Lending Business

Speaking on CNBC with Jim Cramer on Mad Money, Reses shared that Square is capitalizing on the lack of access...
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EuropeFintechNews Roundup
·Mar. 6, 2019

Growth in European P2P Lending

Members of the Peer-to-Peer Finance Association are approaching £10 billion in lending; Peer2Peer Finance News digs into the companies with...
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EuropeFintechNews Roundup
·Mar. 6, 2019

PayPal UK Crosses £1 billion Mark

PayPal Working Capital has been a quiet achiever in the UK and announced today they have crossed £1 billion in small...
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FintechNews RoundupUSA
·Mar. 6, 2019

Community Banks are Pessimistic About the Next Few Years

Two new surveys by Promontory Interfinancial Network and Dun & Bradstreet with Pepperdine’s Graziadio Business School point to a growing sense of...
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FintechNews Roundup
·Mar. 6, 2019

Japan Banks Launching Digital Currency Platform

Mizuho along with 60 other banks are launching a new digital wallet called J-Coin Pay; the name implies that J-Coin...
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FintechNews RoundupUSA
·Mar. 6, 2019

Deposit Security Gives Incumbent Banks an Edge

Fintech firms, especially digital banks, have captured the attention of investors and the overall financial service market in recent years...
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FintechNews RoundupUSA
·Mar. 6, 2019

Comparing Acquisition Costs of Online Lenders

GreenSky noted in their end of the year earnings call that their acquisition costs were among the best in the...
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FintechNews RoundupUSA
·Mar. 6, 2019

JPMorgan Continues to Outspend Everyone on Fintech

JPMorgan Chase intends to spend close to $600mn more on technology in 2019 than they did in 2018; almost half...
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