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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
·May. 24, 2018

Announcements & Releases for May 24, 2018

How [and why] I invest in startups (Ashton Kutcher) ABN Amro hit...
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EuropeFintechNews Roundup
·Jun. 3, 2019

UK P2P Platform Lendy Collapse Has Investors Concerned

The collapse of property lending platform Lendy in the UK has investors...
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News RoundupOnline Lending
·Feb. 2, 2017

Throwback Thursday: The Hourglass Effect

"The Hourglass Effect" is a white paper written by Frank Rotman from QED Investors in 2015; it provides a historic look at the evolution of the marketplace lending industry and how its growth has coincided with the slowdown in traditional bank lending following the 2008 financial crisis; it outlines ten years of industry growth and includes in-depth details on the economy, marketplace lending and banks; Frank Rotman also presented the white paper in a recorded presentation at LendIt USA 2015.  Source

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FintechNews RoundupUSA
·Apr. 26, 2018

Mobile Banking Apps Popular Among Americans

Citi’s 2018 Mobile Banking Study released today shows that 31% of consumers...
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FintechNews Roundup
·May. 8, 2020

More News for May 8th, 2020

Wellness tool from BMO Harris partner finds following with bank’s customers Stilt,...
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FintechNews RoundupUSA
·Apr. 3, 2019

Crypto Markets Find Themselves in State of Uncertainty

Many in the crypto markets believe there is a crypto winter happening...
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FintechNews RoundupUSA
·Dec. 12, 2017

SoFi Closes 12th ABS Deal of 2017

Online lender SoFi closed their 12th securities for $769mn of private student loan notes; total issuance in 2017 reached $6.9bn which was up from $4.2bn in 2016; the deal featured 38 investors and joint lead managers were Morgan Stanley, Bank of America Merrill Lynch, Credit Suisse and Goldman Sachs; SoFi is in the top ten of ABS issuance in 2017 as they continue to utilize the markets better than any other online lender. Source.

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FintechNews Roundup
·Mar. 19, 2019

The Crypto Winter is Here

The Wall Street Journal is reporting that bitcoin is in the longest...
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News Roundup
·May. 20, 2017

Marketplace Lending News Roundup – May 20

During the week I share the latest marketplace lending news on Twitter...
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News RoundupNorth AmericaOnline LendingUSA
·Nov. 17, 2016

Small Business Lender DealStruck Stops Originating Loans

DealStruck, an online lender for small and medium-sized businesses, has stopped originating loans; the industry environment and slowdown in investor capital has affected the company; the firm's CEO Ethan Senturia said, "Although we are not currently originating new loans, we are continuing to provide our clients with the high-level of service they have come to expect from us."; he also noted, "we’ll be looking for strategic options to allow us to continue delivering on our mission to provide unique, appropriate and affordable financing to small businesses nationwide."  Source

 

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