FTX led the news all week with the fastest fall in crypto history. This story crowded out any other major news story.
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.
- Bradley Strock, PayPal CIO, Joins Elevate’s Board of Directors
- Redpoint Capital Group Rebrands as Park Cities Asset Management
- Zopa surpasses £3bn in lending
- Juniper Square Raises $8M in Series A Funding
- LendingPoint Names Antonio Martino as new CFO
- Juniper Square raises $6M for its real estate investment platform
- Bitbond Launches Alternative Investment Fund in Partnership with 1741 Fund Management
- Bitfury Enters Bitcoin Crime-Fighting Business
During the week I share the latest marketplace lending and fintech news...
LendIt Forum will be hosting Marketplace Lending 101 on January 18 at 2:00 PM EST; in 2016, marketplace lending reported some of the industry's best fixed income returns and loan investing accessibility is expected to continue with an estimated $1 trillion in marketplace loan originations by 2025; Peter Renton of Lend Academy and Andrew Dix from Crowdfund Insider will discuss the evolution of marketplace lending and answer questions from the audience about investing in marketplace lending loans. Source
During the week I share the latest marketplace lending news on Twitter as...
Quovo raised $10 million in Series B funding from existing investors FinTech Collective, Long Light Capital and they were joined by F-Prime Capital and Napier Park Financial Partners; "We're excited to see the continued traction and adoption of our services across the financial services and Fintech space," said Lowell Putnam, CEO and co-founder of Quovo; the capital will be used for growth of the platform and building out their bank API and Quovo Connect module. Source
Caixin reports that China's relevant regulators will take measures on ICOs; before ICOs are included into the nation's legal framework, it cannot be ruled out that regulators will ban such activities; People's Bank of China and China Securities Regulatory Commission are now discussing the measures. Source (Chinese)
Mastercard has launched their in house content studio to help broaden the institution’s brand; the idea is to make themselves look as if they are a tech company; they have hired a content team and have already started making Storylabs in series; the move is part of a wider trend in financial services as companies like JPMorgan Chase, WealthSImple and Acorns have all been producing content; they also recently started a podcast named “Fortune Favors the Bold” by journalist Ashley Ford. Source.
The Bank of England decided to keep rates steady at 0.5 percent...
JP Morgan CEO Jamie Dimon speaking at the bank’s annual investor meeting...