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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.

FintechNews Roundup
·Oct. 27, 2016

51 Credit Raises $84mn Series C+ Round for Fintech Investment Fund

Chinese credit card management firm, 51 Credit, has raised $84 million in Series C+ funding from Harvest Capital and Yintai Group, this is soon after they secured $310 million from Series C funding; the fundraising will help the company establish its own investment fund targeting fintech companies; in total the firm has raised $444 million in equity capital; according to Sun Haitao, 51 Credit CEO, the fund will be launched within a year, and will focus on asset management, data and credit services.  Source

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FintechNews RoundupUSA
·Apr. 23, 2019

5G Technology Has Potential to Change Future of Banking

5G technology is beginning to be rolled out by telecom companies as...
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FintechNews RoundupUSA
·Mar. 25, 2019

6 Million Customers Now Use Bank of America’s Erica Assistant

More than 6 million Bank of America customers are now using the...
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FintechNews RoundupUSA
·Mar. 11, 2020

7 Ways Voice Marketing Enhances Digital Banking

In our latest guest post, direct response marketing veteran Mike Gunderson discusses...
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News Roundup
·Mar. 11, 2020

7 Ways Voice Marketing Enhances Digital Banking

[Editor’s note: This is a guest post from direct response marketing veteran Mike...
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FintechNews Roundup
·Jan. 12, 2017

70% of Consumers Open to Computer Generated Advice for Investing and Insurance

A new report by Accenture shows that seven out of 10 consumers would welcome exclusive robo-generated advice for investing and insurance needs; not all is lost for the human experience; 68% of consumers would still want to interact with a human for complex financial needs like a mortgage or to help solve a problem; the main reasons given for this shift are computers are seen to be less biased, they make services cheaper and the tasks are done faster; additionally, the report showed that consumers were willing to share their data if they thought a non traditional provider could be faster and cheaper.  Source

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FintechNews RoundupUSA
·Feb. 19, 2020

81 Percent of Amex Cardmembers Engage Digitally

The Head of Amex’s mobile app, Stewart Kendall, sat down with the...
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EuropeFintechNews Roundup
·Apr. 6, 2017

83North Announces $250mn Investment for Fintech Fund

European venture capital firm 83North has announced the closing of a $250 million investment in its fourth fintech fund; the firm focuses on startup investments in Europe and Israel and says that its fourth fund will continue to invest in those regions; the firm's latest investment brings its total capital under management to $800 million; the firm says it sees a greater opportunity for startup investment throughout Europe following Brexit.  Source

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EuropeFintechNews Roundup
·Jan. 10, 2020

90 Percent of UK Consumers Struggle with Financial Literacy

A new survey by Israel-based Bank Leumi’s challenger brand Pepper found 90...
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Asia/PacFintechNews Roundup
·Aug. 16, 2017

9F Group Unveils Its International Strategy

9F Group has invested in a blockchain company called Wyre in Silicon Valley; the Group will establish its Southeast Asia headquarters in Singapore soon; plus it already has 9F Primasia Securities in Hong Kong. Source (Chinese)

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