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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 Roundup

·Apr. 1, 2023

Upcoming Webinar: How Consumer Lenders Are Responding to the Crisis

One of the best ways to learn what is going on during...

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Asia/Pac Fintech News Roundup

·Feb. 2, 2017

India Implements Smart Health Cards for Senior Citizens

India will be utilizing the world's largest biometrics database, Aadhaar, to implement smart health cards for its senior citizens; senior citizens will be receiving an Aadhaar-based smart card; the cards will include information on their health, healthcare and healthcare history; the Aadhaar smart cards will also have payment processing capabilities; the government will test the use of the Aadhaar smart cards in 15 districts during the 2017-2018 fiscal year. Source

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Europe Fintech News Roundup

·Mar. 30, 2017

Challenger Bank Monzo Raises 2.46mn British Pounds on Crowdcube

Monzo has set a new Crowdcube record with fundraising from over 6,800 investors in its current fundraising campaign; firm has raised of 2.46 million British pounds ($3.06 million) and is targeting 2.47 million British pounds ($3.07 million); the crowdfunding campaign is part of a broader Series C funding round for 22 million British pounds ($27.37 million) which includes a 19.5 million British pounds ($24.26 million) investment from Thrive Capital, 5 million British pounds ($6.22 million) from Passion Capital and 1.5 million British pounds ($1.87 million) from Orange Digital Ventures; the firm has raised a total of 35 million British pounds ($43.54 million) in growth capital including a funding of 1 million British pounds ($1.24 million) in March of 2016 on Crowdcube. Source

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Europe Fintech News Roundup

·Feb. 14, 2020

Monzo, Starling Bank and Monese Benefit from N26’s UK Exit

Digital only banks Monzo, Starling Bank and Monese have all see some...

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News Roundup Online Lending USA

·Mar. 15, 2017

Video of the Week: Investing in the Future

Scott Sanborn provided the opening keynote presentation at LendIt USA 2017; the appointment of Sanborn has been a critical success factor for Lending Club and the marketplace lending industry; in his presentation he discusses the challenges of 2016 and the significant growth opportunity that still remains ahead; compares the market's potential to the growth of Amazon; provides insight on important factors for growth over the next ten years.

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Fintech News Roundup

·Apr. 10, 2020

More News for April 10th, 2020

Japan’s Paidy Closes Additional Series C For $281M Total Raised Index Ventures...

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Fintech News Roundup USA

·Mar. 4, 2020

Facebook Considers Changes to Libra

Facebook along with their partners are contemplating a redesign of Libra; the...

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Fintech News Roundup USA

·May. 1, 2020

The Federal Reserve Expands Access to the PPP Liquidity Facility

Late yesterday the Federal Reserve announced that it was expanding access to...

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News Roundup Online Lending USA

·Mar. 6, 2017

Professional Bank Services and Austin Associates Announce Merger

Professional Bank Services and Austin Associates have merged to form ProBank Austin with offices now in Louisville, KY, Nashville, TN and Toledo, OH; Professional Bank Services specializes in a range of risk management services for community banks including compliance, safety and soundness, audit and management consulting, as well as M&A advisory, also offering education and training to financial institutions, state banking associations and government agencies; Austin Associates provides consulting and investment banking services including M&A advisory, a variety of strategic planning services for stress testing and profitability analysis, and technology software solutions including the firm's LoanPricingPro software; the combination of the two firms will create one of the nation's most robust community bank consulting and investment banking firms. Source

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