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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 Online Lending USA

·Nov. 28, 2016

First Trust Files SEC Form D for Pooled Marketplace Lending Fund

First Trust has filed a Form D with the Securities and Exchange Commission for a pooled fund that will include marketplace lending securities under the name First Trust Marketplace Lending Partners, L.P.; minimum investment in the fund is $50,000; firm offers a range of investment funds including many funds with an income focused investment strategy. Source

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Fintech News Roundup USA

·Apr. 18, 2019

Highlights from LendIt Fintech USA 2019

Last week the fintech world gathered in San Francisco for the 7th...

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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 News Roundup Online Lending

·Nov. 21, 2016

ThinCats Receives Two New Industry Endorsements

ThinCats has received endorsements from the National Association of Commercial Finance Brokers (NACFB) and Defaqto for its business operations in the P2P lending industry in the UK; the NACFB has recognized ThinCats for its best practices within commercial finance brokerage activities and ThinCats has joined the NACFB as a patron; ThinCats has also been recognized by Defaqto with a 5-star rating for product quality and comprehensiveness. Source

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Europe Fintech News Roundup

·Feb. 7, 2019

SoftBank Investing $440 Million in OakNorth

SoftBank’s Vision Fund is planning to invest in the British banking startup...

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Fintech News Roundup

·May. 14, 2019

Announcements & Releases for May 14, 2019

SEC gives green light to first ‘negative fee’ fund Microsoft And Intel...

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News Roundup Online Lending USA

·Jan. 16, 2017

CAN Capital Hires Advisor for Credit and Strategy Services

CAN Capital Inc. has hired an advisor to help the business after halting loan originations and releasing senior executives; Realization Services Inc. has been hired to help the firm negotiate with creditors and strategy investment banking advisor Jefferies; CAN Capital has been lending to small businesses since 1998 with $6.5 billion in loans and cash advances; near the end of 2016 the firm reported data irregularities and issues with loan performance and collections. Source

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Fintech News Roundup USA

·Jan. 26, 2018

Tim Draper on Usage of Bitcoin

Tim Draper spoke at the event Blockchain Connect Conference today; he stated, “In five years, if you go to a Starbucks or McDonald's and try to buy a burger or coffee with fiat currency, the person at the counter is going to laugh at you. There's a real need for a currency that's global.”; Draper was an early backer in companies like Skype and Baidu; his interests have since turned to bitcoin and ICOs. Source

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Fintech News Roundup USA

·Mar. 7, 2019

LendIt Fintech USA 2019 Industry Awards Finalists Announced

We are excited to announce the selected finalists for the LendIt Fintech...

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Asia/Pac Fintech News Roundup

·Sep. 6, 2017

China’s Fintechs Eye Overseas IPOs as Regulations Tighten at Home

A new wave of IPOs by mainland Chinese fintech companies is taking shape; P2P companies in particular are hungry for fresh capital to reinforce their business growth; two mainland-based P2P operators – Yirendai and China Rapid Finance – are currently traded in New York; Sorghum Investment last month announced a reverse merger with Nasdaq-listed China Commercial Credit which would make it the third. Source

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