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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.

EuropeFintechNews Roundup
·Aug. 28, 2017

Money Dashboard Raises $1.7mn Equity Crowdfunding Round

UK-based personal finance management app Money Dashboard raises $1.7 million in an equity crowdfunding round; the company used crowdfunding platform Crowdcube and the 1,708 investors together acquired a 9.55% equity stake; they use bank statements to organize spending data, give insight on budgeting and help to build a financial forecast. Source

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News RoundupOnline LendingUSA
·Dec. 21, 2016

Citizens Bank Partners with Fundation to Offer Small Business Loans

Citizens Bank has entered into a partnership with Fundation to extend capital to small businesses; Citizens Bank will offer a digital solution so small businesses can apply and get a loan through one process; businesses who don't meet Citizens' credit profile will then be underwritten by Fundation; this is the second fintech partnership for Citizens Bank as they recently entered into a partnership with digital wealth management service SigFig.  Source

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FintechNews RoundupUSA
·Aug. 7, 2017

FDIC Defends Its Bank Charter

In a statement defending allegations against its issuance of new bank charters, the FDIC reaffirmed its authority to review and approve applications for US businesses seeking deposit insurance from the FDIC; the criticism comes from the OCC as it continues to develop plans for its national fintech charter; in a podcast interview Friday with a Commodity Futures Trading Commission official, Keith Noreika criticized the FDIC's process for chartering banks, suggesting that the open process was too long and cost too much for requesting companies eventually leading to many withdrawn applications; Noreika also said the OCC has proposed a bill that would take away the FDIC's role in approving newly chartered entities for deposit insurance. Source

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News Roundup
·May. 16, 2015

Marketplace Lending News Roundup – May 16, 2015

During the week I share the latest marketplace lending news on Twitter as it...
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FintechNews RoundupUSA
·Mar. 28, 2017

Investing with Impact: Digital Wealth with a Conscience – by Motif Investing’s Hardeep Walia

Hardeep Walia spoke about the lack of transparency that exists in investing today with many investors investing in a black box as he demonstrates on stage; in turn, investors may be supporting companies who may not have the same values; sustainability is a trend and consumers are increasingly willing to pay more for sustainability but investors need to vote not just with consumption dollars, but also investment dollars; to that end Motif has launched a new digital wealth product called Motif Impact that allows investors to build an investment strategy around their values such as a sustainable planet, fair labor and good corporate behavior.  Source

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FintechNews Roundup
·Mar. 4, 2019

Dianrong Cuts Employees and Retail Locations

The Chinese p2p lender has laid off as many as 2,000 employees...
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FintechNews Roundup
·Nov. 21, 2016

ProfitStars Announces Commercial Lending Center Suite

ProfitStars, a division of Jack Henry & Associates, Inc., has launched Commercial Lending Center Suite; the new suite offers a comprehensive collection of lending services and solutions designed to streamline the entire loan process from application to complete lifecycle loan management; Russ Bernthal, president of ProfitStars stated, "Commercial Lending Center Suite gives financial institutions the flexibility to customize lending processes to meet the needs of a wider variety of commercial borrowers and compete like never before – empowering lenders with unique solutions and services that address critical lending challenges safely and soundly."  Source

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News Roundup
·Dec. 7, 2020

Top Fintech News Stories for December 7, 2020

Here are the most read news stories from our daily newsletter today:...
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News Roundup
·Sep. 24, 2021

Top Fintech News Stories for September 24, 2021

Here are the most read news stories from our daily newsletter today:...
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FintechNews Roundup
·Jun. 17, 2019

Announcements & Releases for June 17, 2019

[Video] LendIt Fintech CEO Roundtable, Belfast PeerIQ: Inflation Miss; Amazon Launches Subprime...
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