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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.

FintechNews Roundup
·Dec. 8, 2016

Partech Ventures Raises 100mn Euros for Seed Funding Investment Fund

Partech Ventures has raised 100 million euros for its Partech Entrepreneur II investment fund; funds are used to invest in seed funding for startup companies; investment was raised from 90 entrepreneurs, business angels, senior managers of tech groups, and public and private participants; the fund invests in disruptive companies with the potential for major technological innovations; the company plans to use the funds to invest in 80 startups with company investment averaging three per month; the firm has been an active investor in marketplace lending companies.  Source

 

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FintechNews Roundup
·Jan. 31, 2017

MoneyGram’s CEO Talks about the Ant Financial Merger

PYMNTS.com provides insight from MoneyGram CEO Alex Holmes on the Ant Financial merger; the merger represents a strategic deal that Holmes says will significantly benefit the industry and the shareholders of both companies; both companies are leading payment providers with MoneyGram offering global payment processing capabilities and Ant Financial seeking to expand on its market position in payments through Alipay in China; "We are going to see, when this deal goes through, those capabilities getting built out between our two organizations in a much more robust and dynamic way," said Alex Holmes.  Source

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FintechNews Roundup
·May. 8, 2018

Announcements & Releases for May 8, 2018

ClassWallet Raises $2.3M in Funding How Snapchat and Instagram could grow the...
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FintechNews RoundupUSA
·Dec. 5, 2017

Lend Academy Article: LendingClub Introduces New Certificate Investment Vehicle

Last week LendingClub closed a whole loan transaction structured as a tradable, pass-through security called a CLUB Certificate; Lend Academy reached out to LendingClub to find out more and shares what benefits this structure has for some investors. Source

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FintechNews Roundup
·Apr. 20, 2018

Announcements and Press Releases for April 20th

India Based True Balance Raises $23mn Bridge Round

Singapore Fintech Association Launches Marketplace Lending Committee

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EuropeFintechNews Roundup
·Oct. 13, 2017

New Report Shows UK Financial Institutions Ignoring Women

A new report from Kantar says UK financial institutions could be missing a £130bn ($173) opportunity by not winning over women; they are not targeting women in ads and are missing the potential for a significant boost in savings and investment; the report also shows that 38 percent of women feel in control of their financial future and women retire with a third of the savings compared to men; targeting women can not only help to bring these number up but the study also shows women are more apt to recommend financial services than men. Source.

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FintechNews Roundup
·Dec. 14, 2016

Deloitte Releases Blockchain Technology Survey Report

Deloitte surveyed 308 senior executives at companies with revenue of $500 million or more to gain a better understanding of the corporate market's blockchain technology positioning; survey finds widespread interest across all industries; 61% of surveyed respondents had broad to expert knowledge of blockchain and the majority of these respondents said blockchain adoption would be important for their business; while attention for blockchain innovation has mainly been focused on the financial services industry, Deloitte's survey finds significant innovation and progression across multiple industries; most notably, the consumer products and manufacturing industries have reported the greatest number of patent filings, with 38% of respondents reporting blockchain patents filed by their company.  Source

 

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FintechNews RoundupUSA
·Mar. 3, 2020

How Coronavirus Could Affect Fintech

This Forbes piece digs into how financial services companies might be impacted...
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FintechNews Roundup
·Feb. 27, 2017

Quovo Expands Bank Authentication API to over 200 Institutions

Fintech firm Quovo launched its bank API in November 2016 with 18 financial institutions; it has now expanded to 215; the API technology allows fintech firms to verify accounts and offer ACH payments and transfers; Quovo's recent partnership expansion has also included credit unions and regional banks.  Source

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FintechNews RoundupUSA
·Jan. 4, 2019

The British Are Coming: Monzo Eyes a US Launch

According to Techcrunch, UK digital challenger bank Monzo has quietly begun working...
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