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News Roundup

This page contains an archive of the Global Newsletter summaries and the weekly fintech news roundups.

Every day the Fintech Nexus news team scours the globe for the most important stories of the day to include in our daily newsletter.

Then every Saturday we bring you our weekly news roundup of the top 10 fintech stories of the week with commentary from Peter Renton.

To join our newsletter community please subscribe here.

Fintech News Roundup

·Apr. 12, 2017

CB Insights Reports on Global Unicorns

CB Insights provides a list of 189 global unicorns from its private market database; 91 companies are located outside of the US; globally by country, China ranks first in number of private market unicorns with 46; Lufax is the top P2P lender globally by valuation at $18.5 billion. Source

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Europe Fintech News Roundup

·Jan. 22, 2019

ING Bank Strikes 5 Year Agreement with R3

ING Bank has come to a 5 year agreement with R3 that...

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News Roundup

·Nov. 16, 2011

Lending Club PRIME Review – November 2011

The last time we reviewed my wife’s Lending Club PRIME account, back...

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Fintech News Roundup USA

·May. 9, 2019

Redfin Looks to Bring Online Shopping to the Real Estate Market

Real estate brokerage Redfin piloted a program in Boston that allowed unrepresented...

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News Roundup

·Apr. 13, 2020

Adapting Contact Centers During the Coronavirus Crisis

By now many companies have instituted work from home policies and have...

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Fintech News Roundup Online Lending USA

·Mar. 20, 2017

CommonBond’s CEO Talks with American Banker

American Banker talks with David Klein, CEO of CommonBond about the fintech industry and his insight on the effects of a fintech charter; David Klein says company valuations across the industry are more realistic and the industry is maturing with more lending platform investments focused in later round fundraisings; explains the company's technology solution for employers adding student loan payment benefits; notes the company's default rate is zero; says the OCC fintech charter should give fintech companies better competitive market positioning and help to reduce costs. Source

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Screen grab from FedNow interactive map of mock city for learning

News Roundup

·Jun. 21, 2023

Global newsletter: FedNow is coming; hold on tight for super-fast payments

While Twitter is awash with naysayers and confusion about whether the real-time payments network is actually a CBDC (it is not), there's a flurry of excitement from fintech leaders.

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Fintech News Roundup USA

·May. 28, 2020

Santander InnoVentures Invests in a55

Santander InnoVentures has led a $5 million round in the SME lender...

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Asia/Pac Fintech News Roundup

·Aug. 25, 2017

Dubai Looks to Challenge for Capital of Fintech

Dubai is quickly becoming a destination for fintech companies as the country has seen a surge in startups the last three years; according to Arif Amiri, CEO of Dubai International Financial Centre Authority (DIFCA), the country hosts 1,715 companies and banking assets have risen from $50 billion to $150 billion; financial services contributes 12% to gross domestic product, by 2024 that number is set to increase to 18%; Gareth Lewis, CEO and co-founder of Delio, which helps firms getting investment, told CNBC Thursday, "there's a fantastic opportunity in the Dubai region purely around the appetite for private investment." Source

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Europe Fintech News Roundup

·Jan. 10, 2017

UK Robo Advisor Scalable Reaches New Milestone

Scalable has reached 100 million British pounds ($121.72 million) in assets under management for its robo advisory services; the firm has been averaging new business of 5 million British pounds ($6.09 million) per week and has over 2,500 customers; it offers low fees and daily investment monitoring with risk focused algorithms. Source

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