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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.

Fintech News Roundup USA

·Jun. 19, 2019

How Tally is Automating Financial Advice

Yesterday the startup Tally announced their $50 million Series C round which...

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Europe News Roundup Online Lending

·Sep. 6, 2017

Manual versus Auto-Bid Investing in UK P2P

Funding Circle recently announced it would be shifting away from manual lending to auto bidding; with the change Funding Circle follows its two closest competitors Zopa and RateSetter who only offer auto-bid options; with auto-bid investors gain access to more diversified investments; P2P Finance News outlines the UK P2P industry auto-bid platforms versus manual bid platforms. Source

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Fintech News Roundup USA

·Dec. 20, 2017

Lend Academy Article: Two Big Banks Set to Launch Their Own Online Lending Platforms

Lend Academy shares recent initiatives from Barclays and PNC Financial Services as traditional banks move into the online consumer lending space. Source

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Fintech News Roundup

·Dec. 15, 2017

IOTA – Cryptocurrency with no Blockchain

IOTA has increased in value to $10 billion, up from $4 billion in about two weeks; the cryptocurrency though is different than most in that it is not based on blockchain; the article outlines how IOTA tokens work, which use a “tangle” to address the high cost of blockchain transactions. Source

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Fintech News Roundup USA

·May. 2, 2019

Agriculture Financing Sees a Big Gap in Funding

Agriculture financing has typically been done by local banks who have built...

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Fintech News Roundup USA

·Apr. 19, 2017

Edward Jones Partners with Venture Fund for Fintech Investment

Edward Jones has announced a multi-year partnership with St. Louis based venture fund SixThirty; SixThirty invests in eight to 10 fintech startups annually with each startup receiving an investment of up to $100,000 along with support from a business development program that includes mentoring and networking; Edward Jones will be involved in numerous aspects of the venture fund's investing and Frank LaQuinta, a general partner with Edward Jones, will join SixThirty's investment committee. Source

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Europe Fintech News Roundup

·Oct. 27, 2016

Payments International Announces FinTech Finalists and Judges for November Shark Tank Competition

Payments International is hosting the "FinTech and Future of Payments Forum" in London from November 15th to 18th; the agenda on Nov.18 includes their own version of "Shark Tank"-like business pitch competitions; finalists and judges have been announced in the areas of Identity (including blockchain), financial inclusion/personal financial management; the Internet of Things, and cross-border payments. Numerous "fresh face" companies and personalities in these sectors are noted, with judges covered on the Nov.18th agenda page and entrants covered in this LendIt News post.

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Fintech News Roundup

·Apr. 27, 2017

FinovateSpring 2017 Featuring Fintech Company Demos This Week

FinovateSpring 2017 will feature presentations by fintech companies showcasing their fintech products and market innovations across a range of categories; the event is taking place in San Jose, California this week on Wednesday and Thursday; a full list of the presenters can be found here. Source

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News Roundup Online Lending

·Mar. 31, 2017

Uncorrelated Niche: Litigation Finance

The panel explores consumer litigation funding also known as pre-settlement funding, non-recourse funding or lawsuit lending; provides funding to plaintiffs who commonly have a personal injury case; money is used for life needs such as rent, mortgage, tuition, food, etc. and is not a loan; LawCash has provided funding for around 100,000 cases and has been in operation since 2000; YieldStreet is an investment platform for investors to access these types of investments; other topics discussed are how litigation funding is uncorrelated, how deals are underwritten, transparency of companies in the industry and the evolution of litigation finance. Source

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News Roundup Online Lending

·Feb. 1, 2017

Freedom Financial Adds New Data Access from PeerIQ

PeerIQ and Freedom Financial Network have signed an agreement that will allow new data access for Freedom Financial Asset Management and its clients; Freedom Financial Asset Management is a marketplace lending platform offering consumer loans; the data access will include PeerIQ's full suite of tools which will also be available to the platform's institutional investors; Freedom Financial Asset Management will also utilize PeerIQ's fair valuation services which launched last year. Source

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