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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.

EuropeFintechNews Roundup
·Jan. 23, 2019

Lloyds Banking Working to Replace Core Banking System

The bank plans to cut costs by switching to a new platform...
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FintechNews RoundupUSA
·Nov. 16, 2017

Square Begins Testing Bitcoin Through Mobile App

Square has started to allow some of its Cash mobile app users to buy and sell the cryptocurrency through the app; a Square spokesperson said, “We’re exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash app customers,” as reported by Crowdfund Insider. Source.

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EuropeFintechNews Roundup
·Sep. 26, 2017

Business Insider Reports UK P2P May Face Toughest Test Since Industry Inception

The article discusses recent news of decreasing valuations of GLI Finance backed companies, potentially higher losses on Zopa's platform and troubles at Wellesley & Co. Source

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FintechNews RoundupUSA
·Jan. 11, 2019

Talent Begins to Boomerang Back to Wall Street

After the financial crisis in 2008 a lot of top talent fled...
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FintechNews RoundupUSA
·May. 2, 2018

Morgan Stanley Prioritizes New Technology Strategy

Morgan Stanley CEO James Gorman sent a memo to employees signaling their...
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News RoundupOnline Lending
·Mar. 30, 2017

Some Factors Slowing Institutional Investment in Marketplace Lending

AlfFi reports on some of the factors keeping institutional investors from marketplace lending with insight from Gabriella Kindert, investment manager at NN Investment Partners; discusses transparency and comparability, scale, regulatory risks, trust and sustainability, liquidity, and alignment of interests; also notes the importance of standardized measures for comparing risk and reward across investment options and the track record of the investment category.  Source

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FintechNews RoundupUSA
·Feb. 27, 2018

Varo Money Ramps Up Branding Push

Varo Money has ramped up their marketing campaign to position themselves as a better option than the banks; the fintech company is not going directly at the banks in their ads as some other fintechs have done, they are instead highlighting their own offering; their ads can be seen on Twitter, Facebook, Instagram and Pinterest; they are also focusing on their customers overall financial lives, empowering their users to understand what they make and how they can spend wisely. Source.

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FintechNews Roundup
·Dec. 15, 2016

Hippo Raises $14mn for Insurtech Business

Insurtech company, Hippo, has raised $14 million in a Series A funding round led by Horizons Ventures; firm provides online home insurance offerings at a more affordable market price due to its online business model and direct to consumer offerings; says its policies are customized to meet the needs of modern lifestyles; plans to use the funding for product development and marketing for its launch to customers in California in 2017.  Source

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FintechNews Roundup
·Feb. 19, 2019

Chinese Authorities Search Region for P2P Fraudsters

Operation Fox Hunt is the coordinated effort by Chinese police to search...
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News Roundup
·Dec. 12, 2011

Prosper Showing the Importance of Diversification

In this blog post earlier today, Prosper laid out the case for...
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