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Fintech

FintechNews RoundupUSA
·Feb. 25, 2020

RBC Has Plans for Consumer Bank in 2020

RBC shared during an earnings call last week that they intend to launch a direct-to-consumer bank in the US in...
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FintechNews RoundupUSA
·Feb. 25, 2020

Ken Lin, Co-Founder of Credit Karma to Receive Windfall from Sale

Ken Lin started Credit Karma back in 2007; since then the company has attracted 100 million members and brought in...
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FintechNews RoundupUSA
·Feb. 25, 2020

Quontic Bank Believes it has Built a Digital Bank to Scale

Quontic Bank started with just one branch and about $20mn in assets before CEO Steve Schnall recapitalized and set a...
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FintechNews RoundupUSA
·Feb. 25, 2020

LendingPoint Announces Two Securitizations Totaling over $240 Million

LendingPoint has closed two securitizations, one composed of direct to consumer loans and the other of point of sale loans;...
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FintechNews Roundup
·Feb. 25, 2020

More News for February 25th, 2020

Credit card start-up Tribal Credit secures $5.5m in seed funding Exclusive: Unite Global gets $5.25m from Svea to launch cross-border...
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FintechNews RoundupUSA
·Feb. 24, 2020

Intuit to Acquire Credit Karma for $7 Billion

Over the weekend we learned that Intuit, the makers of TurboTax, Mint and Quickbooks, is close to acquiring Credit Karma,...
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EuropeFintechNews Roundup
·Feb. 24, 2020

JPMorgan Chase Aims to Launch Digital Bank in UK

JPMorgan Chase is currently in discussions with UK regulators about launching a digital bank in 2020; the new bank is...
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FintechNews RoundupUSA
·Feb. 24, 2020

Financial Identity as a Service Could Reshape Financial Inclusion

A new report by Oxford Economics and fintech startup Juvo says mobile network operators could help solve the financial identity...
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FintechNews RoundupUSA
·Feb. 24, 2020

Banks Embrace Ethical AI

IBM laid out plans last month on new AI guidance to ensure it is done in an ethical way; according...
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FintechNews RoundupUSA
·Feb. 24, 2020

OCC Chief Courting Big Bank CEOs on CRA Reform

The head of the OCC, Joseph Otting, has been personally lobbying big bank CEOs to win support for his plans...
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