In our latest guest post, direct response marketing veteran Mike Gunderson discusses...
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.
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BBVA recently announced a banking platform in the U.S. complete with a...
Since 2008, a number of changes have occurred affecting the U.S. financial industry and its regulations; simultaneously financial technology has also been evolving rapidly and market conditions have actually been a catalyst for P2P lending platforms; Forbes finds, as many market experts have recently discussed, that P2P lending platforms' extension of credit to a more diverse range of borrowers and built in accountability through investors and lenders, is providing a new type of support for the credit market that could help to prevent another crisis in the future. Source
Investment arbitrage has been around for centuries and it has been applied...
Since expanding globally in 2019 Visa has grown their Fast Track program...
A new product from Personetics and MX will help small banks to...
Harvard Business School has released a comprehensive report on the state of small business lending and its current landscape; Lend Academy provides more details in their article with insight from author, Brayden McCarthy of Fundera; paper includes details on the evolution of online lending within the small business lending market; goals of the paper include laying a foundation for regulatory reform and exploring how online small business lenders can partner with banks. Source
This morning, SoFi announced they have agreed to acquire Galileo Financial Technologies...
The Marketplace Lending Association was launched in April of 2016 and is one of the industry's leading advocacy groups; in September it hired Nat Hoopes to lead the Association and represent the industry in Washington, D.C.; Lend Academy interviews Nat Hoopes in their most recent podcast, providing details on his background in the industry, the evolvement of the MLA and his insight on the current regulatory developments affecting marketplace lending. Source
Over $300 million has been invested on RealtyShares into residential and commercial real estate projects; the company crossed $200 million in September 2016; individual investors can invest a minimum of $5,000 per project; the company also has multi-billion dollar institutions participating on the platform; to date 550 real estate deals have been done across 1,000 properties, spanning 35 states; RealtyShares has a network of 38,000 accredited investors. Source