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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
·Jan. 24, 2019

Chinese P2P Lenders Face IPO Challenges

The biggest investment banks including Goldman Sachs and Citi have stopped taking...
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Asia/PacNews RoundupOnline Lending
·Nov. 18, 2016

OpenTap Launches in India for Marketplace Loans

OpenTap has begun to offer marketplace loans in India targeting low to middle income consumers; company seeks to meet the market demand for borrowers who are creditworthy yet don't qualify for traditional loans; estimates the target market for low to middle income consumers at 12,000; loans will be available for up to Rs 50,000 ($730); average loan size has been approximately Rs 25,000 ($365).  Source

 

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FintechNews RoundupUSA
·Aug. 4, 2017

LPL’s Perspective on Wealth Management Innovation

LPL has increased their technology spending from $38 million in 2011 to $77 million in 2016; tech executives from the firm say that when it comes to wealth management, innovation firms, like Acorns, are better concepts for inspiration than for instance Betterment; company believes that micro transactions for savings are an important part of the younger generation's experience and the company is taking a generational approach to products to offer a customized product for each type of client; LPL is launching their new robot advice platform, Guided Wealth, this month. Source

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FintechNews RoundupUSA
·May. 31, 2018

Lessons from the Starbucks Mobile App for Payments Companies

More than 20 million customers use the Starbucks mobile app for payments...
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EuropeFintechNews Roundup
·Feb. 28, 2020

UK SMB’s and Freelancers Say they Would Use Digital Bank

According to a new study by Capterra about 90 percent of UK...
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EuropeFintechNews Roundup
·Jan. 8, 2019

Slow Progress in “Open Banking Revolution”

There was a lot of anticipation of what might happen in the...
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Asia/PacFintechNews Roundup
·Jun. 28, 2019

Digital Bank WeLab Gaining Traction in Hong Kong

WeLab is one of eight virtual banks that have received banking licenses...
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FintechNews RoundupUSA
·Jan. 11, 2019

Blockchain Education Center Launched in New York

Looking to begin testing blockchain technology for various use cases later this...
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FintechNews RoundupUSA
·Mar. 27, 2020

PayPal Could Come Out of the Crisis in a Position of Strength

Payments companies around the globe have been issuing warnings that their businesses...
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News Roundup
·Feb. 27, 2012

Three Myths Investors Have About P2P Lending

It is amazing how many investors make their investment decisions based on...
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