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FintechNews RoundupUSA
·May. 23, 2019

Are Digital Banks Struggling to Get Traction?

A recent article in Forbes shared a survey of US consumers that shed light on the traction of digital banks...
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EuropeFintechNews Roundup
·May. 23, 2019

Revolut Introduces Group Vaults and Plans to Launch a Youth App

UK based digital banking startup Revolut has launched a group vault feature where users can collaborate on goals by setting...
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FintechNews RoundupUSA
·May. 23, 2019

Wealthsimple Raises $75mn as They Look Towards a Future IPO

Digital wealth management startup Wealthsimple raised $75mn from the digital investment arm of Germany’s Allianz, Allianz X, along with early...
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FintechNews RoundupUSA
·May. 23, 2019

The Clearing House Lands First Small Bank

The Clearing House is a real time payments network owned by a consortium of some of the biggest banks; there...
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EuropeFintechNews Roundup
·May. 23, 2019

Iwoca Criticizes Bank Referral Scheme

Christoph Rieche, CEO and Co-Founder of Iwoca sent an open lender to Chancellor Philip Hammond stating that the government’s bank...
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FintechNews Roundup
·May. 23, 2019

Announcements & Releases for May 23, 2019

Small and mid-sized banks can’t shy away from AI Crypto Lending Startup BlockFi Slashing Interest Rates on Ether Deposits PensionBee...
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EuropeFintechNews Roundup
·May. 22, 2019

TransferWise Raises $292mn in Secondary Funding

UK based payments fintech TransferWise has upped their valuation to $3.5bn with a secondary funding raise of $292mn; the round...
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FintechNews RoundupUSA
·May. 22, 2019

Marqeta Raises New Round at $2 Billion Valuation

The company has finalized their $260 million Series E round which was led by Coatue Management; other investors in the...
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FintechNews RoundupUSA
·May. 22, 2019

Plaid Announces “Plaid Direct” for Better Connections Between Fintechs

Today, Plaid announced Plaid Direct which aims to make working with digital banks easier; for example, prior to the new...
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FintechNews RoundupUSA
·May. 22, 2019

Biz2Credit Releases Biz2X Platform for Bank Partners

Biz2Credit already works with HSBC and Popular Bank who leverage their software-as-a-service loan management, servicing and risk analytics product; with...
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