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Fintech

FintechNews RoundupUSA
·Mar. 21, 2019

Competition for Deposits in the US

A recent research note from Bank Policy Institute shares how big and smaller banks are fairing in the fight for...
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FintechNews RoundupUSA
·Mar. 21, 2019

Chase Launches New Low-Cost Checking Account for the Underserved

The new account is aimed at consumers who may not otherwise have a traditional banking relationship; the account still comes...
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EuropeFintechNews Roundup
·Mar. 21, 2019

Zopa Will Offer A Savings Account With No Hidden Fees and No Teaser Rates

Zopa was granted a preliminary banking license late last year but they are yet to launch their new bank; speaking...
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EuropeFintechNews Roundup
·Mar. 21, 2019

OakNorth Triples Profit in 2018 to £34 Million

Leading UK challenger bank, OakNorth, has released its 2018 results showing that profits increased to £33.9 million, a 220% increase...
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EuropeFintechNews Roundup
·Mar. 21, 2019

Direct Lenders May Capitalize in Wake of Brexit

Private credit fund managers are already starting to see an increase in deal flow as traditional lenders shrink their loan...
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FintechNews RoundupUSA
·Mar. 21, 2019

Square Launches an Online Store to Compete With Shopify

Square has unveiled a fully fledged online storefront for its sellers signifying its first major foray into e-commerce; until now...
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FintechNews RoundupUSA
·Mar. 21, 2019

Opendoor Raises $300M at a $3.8B Valuation

Real estate fintech platform Opendoor appears to be crushing it; they have raised some $1.3 billion in equity and around...
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EuropeFintechNews Roundup
·Mar. 21, 2019

Revolut Is Testing the Limits of Finance

In an article in Bloomberg Revolut CEO Nikolay Storonsky defends the fast pace of growth and innovation at his company;...
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Asia/PacEuropeFintechNews RoundupUSA
·Mar. 22, 2019

Announcements & Releases for March 22, 2019

Data breaches drive jump in UK financial fraud JP Morgan Head of eCommerce Sees Little Threat from “Payments Disruptors” If...
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EuropeFintechNews Roundup
·Mar. 22, 2019

Netherlands Startup Finturi Targeting Invoice Finance on the Blockchain

Netherlands invoice finance startup Finturi has closed $2.2 million in funding to help companies secure loans against invoices using blockchain and...
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