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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 Online Lending

·Mar. 28, 2017

Cloudvirga Raises $15mn for Mortgage Automation Service

Cloudvirga has raised $15 million in a Series B funding round for its automated, cloud-based intelligent Mortgage Platform (iMP); the service can easily integrate with lenders to streamline, automate and manage the compliance of mortgage lending, also offering significantly reduced processing times and costs; the iMP service was launched in 2016 and has processed over $15 billion in loans. Source

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Fintech News Roundup USA

·Apr. 6, 2020

Federal Stimulus Package Gets off to a Rocky Start as SMB’s Seek Capital Quickly

Small businesses are becoming more anxious by the day with the crisis...

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Fintech News Roundup USA

·Aug. 28, 2017

SEC Freezes Trading for Publicly Listed Bitcoin Exchange Company

The trading suspension was announced for American Security Resources Corp. (ARSC) on August 24, 2017; the suspension will be effective until September 8, 2017; according to the SEC, "The Commission temporarily suspended trading in the securities of ARSC because of questions that have arisen regarding publicly available information about the company in press releases on OTCMarkets.com, dated August 1, and August 8, 2017, concerning, among other things, the company's business transition to the cryptocurrency markets and early adoption of blockchain technology."; the SEC has suspended trading on at least two other companies involved in bitcoin that are listed on the OTC markets. Source

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Fintech News Roundup USA

·Jan. 15, 2019

AI Not Tops When it Comes Managing Money, Says JPMorgan Exec

While there are those that may feel the robot takeover in financial...

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News Roundup

·Mar. 25, 2017

Marketplace Lending News Roundup – March 25

During the week I share the latest marketplace lending news on Twitter...

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Fintech News Roundup

·Jun. 26, 2019

Announcements & Releases for June 26, 2019

How to enter a banking market Small business owners spurred by being...

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Europe News Roundup Online Lending

·Aug. 23, 2017

Landbay Raises GBP2.4mn from Seedrs Campaign

Landbay's most recent fundraising brings total funding to GBP7 million ($8.98 million) which the company has obtained from crowdfunding; the company's business is focused on funding buy to let mortgages and it has received authorization from the FCA; it plans to use the new funds to expand its operations and launch new products. Source

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Fintech News Roundup

·Feb. 14, 2020

From the LendIt Fintech Vault: Tech Chat – The Role Lending Can Play in Empowering More Business

This week’s video highlight features a keynote session from 2017 with Jackie...

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Europe Fintech News Roundup

·Jan. 8, 2020

Customers Push Back on Tandem’s Monthly Fees

Tandem is set to begin a new monthly membership fee for their...

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News Roundup Online Lending USA

·Mar. 6, 2017

Aspire Financial Technologies Announces Release of New Analytics and Forecasting Features

Aspire Financial Technologies has released new analytics and forecasting features on its Aspire Gateway Platform; the new tools will provide enhanced analytical capabilities for the originators, investors and banks utilizing the platform; clients will now be able to develop complex loan model portfolios with data from Aspire's data partners: Lending Club, Marlette Funding, Prosper and Progressa. Source

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