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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
·Feb. 25, 2017

Marketplace Lending News Roundup – February 25

During the week I share the latest marketplace lending news on Twitter...
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EuropeFintechNews 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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News Roundup
·Aug. 18, 2020

The Bank Partnership Model Affirmed in Settlement With Colorado

The issue of “true lender” has been one that has dogged the...
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FintechNews RoundupUSA
·Aug. 24, 2017

Exploring the Potential of a Robo-Advisor IPO

Financial Planning explores the possibility of an IPO from the leaders in the robo-advice market including Betterment, Wealthfront and Personal Capital; the companies continue to raise money but some question the viability of the market; Betterment has over $10 billion in assets under management, Wealthfront has $7.4 billion and Personal Capital has $4.9 billion; the companies have a combined 420,000 clients and 548,000 accounts; article shares statements by each company regarding IPOs and the differences between the platforms. Source

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News Roundup
·Jan. 21, 2011

Four Filters to Increase Your P2P Lending ROI

When you look at the spread of late payments from the post...
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FintechNews RoundupUSA
·Oct. 25, 2016

Bank of America Launches AI Bot for Financial Wellness

The new digital assistant is launching inside the Bank of America mobile app next year and will be named Erica; the bank is looking for the tool to help customers better understand their spending habits and offers different ways to stay financially fit; Erica will use artificial intelligence and predictive analytics to help customers make payments, check balances, save money and pay down debt.  Source

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News Roundup
·Jan. 9, 2020

Early Bird Pricing for LendIt Fintech USA 2020 Ends Tomorrow

LendIt Fintech is excited to be back in New York City for...
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FintechNews RoundupUSA
·Apr. 13, 2020

Will More Banks Now Embrace Fintech?

It has been fascinating to watch both the banks and fintechs react...
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EuropeFintechNews Roundup
·Jun. 27, 2019

Klarna and H&M Expand Their Partnership to US Stores

Swedish point of sale lender Klarna and retail fashion giant H&M have...
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FintechNews RoundupUSA
·Sep. 1, 2017

AI and Automation for Lending

Source reports on the operational costs associated with loans and how automation and artificial intelligence (AI) can help reduce those costs; automation can now replace manual processes such as credit checks, data consolidation, onboarding, loan documentation, know your customer and more; robotics and AI are also assisting in risk analysis for SMEs; additionally, machine learning solutions have also been evolving to evaluate thousands of data points from various sources; as these solutions evolve, banks too will need to integrate greater automation to stay competitive. Source

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