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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 RoundupNorth AmericaOnline LendingUSA
·Nov. 16, 2016

SoFi and Protective Launch Life Insurance Offering

In a press release this week, marketplace lender, SoFi, provided more details on its partnership with Protective and announced the launch of a new term life insurance offering for millennials; product provides life insurance for up to $1 million and features a 20 minute application and approval process.  Source

 

Read Full Story
FintechNews RoundupUSA
·Mar. 3, 2020

OakNorth Bank Tops the FT 1000 Fastest Growing Companies in Europe

OakNorth Bank has taken the top spot on the FT’s annual list...
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News Roundup
·Nov. 3, 2018

Marketplace Lending News Roundup – November 3

During the week I share the latest marketplace lending and fintech news...
Read Full Story
FintechNews RoundupUSA
·May. 21, 2020

Millions of Credit Card and Auto Loans on Financial Hardship Plans

According to recent data from TransUnion lenders reported that almost 15 million...
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FintechNews RoundupUSA
·Mar. 4, 2020

Credit Suisse and Brokerage Provider Settling Trades on Distributed Ledger

Credit Suisse and Instinet have recently started to settle US stock trades...
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FintechNews Roundup
·Oct. 23, 2017

Blockchain’s Effects on Banking

There is a lot of talk about all of the different ways blockchain technology can impact financial services; the Financial Times sat down with bankers, consultants, and analysts to come up with five areas where we are likely to see the most impact; categories include clearing and settlement, payments, trade finance, identity and syndicated loans. Source

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EuropeFintechNews RoundupUSA
·May. 18, 2018

Announcements & Releases for May 18, 2018

Cloudvirga Raises $50M in Series C Funding Student Loan Genius Raises $3.5M...
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EuropeFintechNews Roundup
·Jan. 30, 2018

Relx Pays More than $800mn for ThreatMetrix

UK listed information and analytics group Relx bought online ID verification company ThreatMetrix for more than $800mn; the move will help to beef up Relx’s LexisNexis Risk Solutions unit; ThreatMetrix has built a database of 1.4bn unique online digital identities in more than 180 countries; Mark Kelsey, the head of Relx’s risk and business analytics division, tell the FT, “Bringing ThreatMetrix together with our own strengths in physical identity attributes will give our clients across all forms of commerce and geographies a more reliable, comprehensive approach to fraud and identity risk management.” Source.

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Asia/PacFintechNews Roundup
·Aug. 23, 2017

Fosun Group Invests in Da Hongfei’s Shanghai Distributed Technologies

Fosun Group has invested in Shanghai Distributed Technologies (SDT); the amount was in the tens of millions of yuan; SDT works on blockchain with financial firms and has a joint venture with the Guiyang city government to develop blockchain-based systems for public services; SDT is a startup behind Onchain, which is founded by Da Hongfei, one of the earliest blockchain participants in China. Source

Read Full Story
News Roundup
·Sep. 29, 2018

Marketplace Lending News Roundup – September 29

During the week I share the latest marketplace lending and fintech news...
Read Full Story
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