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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 RoundupUSA
·Sep. 5, 2017

Fifth Third Launching New App, Momentum

The app is designed to help users pay down student loan debt; it links with customers' debit cards and rounds up purchases as spare change which is then used to make weekly payments to student loans; the bank will market the app to target millennials and add new customers. Source

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FintechNews Roundup
·Mar. 24, 2017

Fifth Third Makes $112mn Investment in Fintech

Fifth Third has announced a $112 million investment in a five year project that will upgrade its technology and help it to partner with fintech firms; enhancements involved with the upgrade include video conferencing with remote experts, Wi-Fi in branches, distance learning and real-time data feeds to fintech partners; following the investment the company will be driven more by its new web-services and APIs; it also plans to more openly partner with fintech companies for data sharing.  Source

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FintechNews RoundupUSA
·Feb. 21, 2020

Fifth Third Partners with Fundation on Small Business Loans

Fifth Third Bank has struck a partnership with fintech Fundation to offer...
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FintechNews RoundupUSA
·Feb. 25, 2019

Fifth Third Relaunches Dobot App to Help Customers Save

Dobot was launched in 2016 and was acquired by regional bank Fifth...
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FintechNews RoundupUSA
·May. 7, 2019

Fig Loans First Fintech to Receive Both B Corporation & CDFI Certification

Fig is an alternative to the predatory loans that are often offered...
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News Roundup
·Feb. 27, 2019

Figure Announces New Round of Funding, Plans for Expansion

American Banker reports that Mike Cagney’s new company Figure plans to announce...
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FintechNews RoundupUSA
·May. 10, 2019

Figure Closes a $1 Billion Line of Credit on Blockchain

Figure has announced the commitment of a $1 billion uncommitted asset based...
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FintechNews RoundupUSA
·Mar. 12, 2020

Figure Completes $150 Million Securitization on the Blockchain

The $150 million securitization of HELOCs is being billed as the first...
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FintechNews RoundupUSA
·Jan. 30, 2020

Figure Hires Former Coinbase Exec as New President

Figure, the blockchain-based fintech lending startup founded by Mike Cagney, has a...
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FintechNews RoundupUSA
·Mar. 11, 2020

Figure Sees 300 Percent Surge Due to Rate Cut

Blockchain based lending fintech Figure has seen a 300 percent surge in...
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