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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.

News RoundupOnline LendingUSA
·Mar. 6, 2017

LendFoundry Providing Leading Industry Solution for Online Lending Platforms

LendFoundry has enhanced its lending operating system (LOS); the LOS can now support loan processing and management for point of sale, auto loans, working capital loans and unsecured consumer loans; it also offers one of the industry's best suite of APIs for connecting with industry fintech companies including Clarity Services, Whitepages Pro, FEDChex, Yodlee, Towerdata, Twilio, Plaid, LOB and more; the platform has significantly expanded its API offerings to allow for increased integration across the industry; Brent Fausett, senior vice president and chief commercial officer at LendFoundry says: "Our product development team has built 50+ pre-configured APIs. We will continue on our vision and keep adding new APIs as we believe that a pre-integrated platform places lenders miles ahead of the competition."  Source

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FintechNews Roundup
·Nov. 8, 2017

China Central Bank Looks to Regulate Fintech Companies Like Banks

Sizable fintech companies should face the same regulator scrutiny as banks according to China’s Central Bank; this follows what the PBOC said in August, that internet finance companies should be included in the Macro Prudential Assessment framework which was designed for banks; having banks and fintech companies operate under the same rules could streamline regulation. Source.

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FintechNews Roundup
·Dec. 15, 2017

Go-Jek Acquires Fintech Startups

 Go-Jek is an Uber competitor and is now looking to lead in the payments sector in Indonesia; the company purchased offline payments service Kartuku, payment gateway Midtrans and a saving and lending firm called Mapan. Source

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News RoundupOnline Lending
·Feb. 24, 2017

VeriComply Adds Former Lending Club Executive

VeriComply provides automated loan verification services for the marketplace lending secondary market; the firm has hired former Lending Club executive Roger Dickerson as its new president; Dickerson brings experience in investor operations and marketplace loan securitizations; he will be leading VeriComply's efforts to support marketplace loan sales and securitizations through its automated loan verification services.  Source

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FintechNews RoundupUSA
·May. 5, 2020

New Survey Says 13 Percent of SMBs Approved for PPP

According to a new survey from CNBC and SurveyMonkey only 13 percent...
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FintechNews RoundupUSA
·Mar. 27, 2019

The Many Effects of P2P Payments Within Banks

Banks have clearly jumped in on the p2p payments wave as many...
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FintechNews RoundupUSA
·May. 2, 2019

New Study Shows Bots Have Detrimental Effect on Crypto Trading

A new study by a team of computer scientists from Cornell Tech,...
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News Roundup
·Dec. 1, 2018

Marketplace Lending News Roundup – December 1

During the week I share the latest marketplace lending and fintech news...
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EuropeFintechNews Roundup
·Dec. 11, 2017

New Cambridge Center Reports Hows Wider Acceptance of Alternative Lending in UK

The Cambridge Centre for Alternative Finance’s new report Entrenching Innovation showed that the UK online alternative finance market grew 46 percent in 2016; investors surveyed by the report said that online platforms offering debt based products were on equal footing to that of typical fixed income assets but more transparent; industry veterans say this points to the long term chances of the market and its wider acceptance in broader financial services. Source.

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FintechNews Roundup
·Jan. 23, 2019

Announcements & Releases for January 23, 2019

Lendio Provides More Than 5,000 Kiva Loans to Support Women-Owned Businesses Around...
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