LendIt held its first conference event in June 2013 with 340 people gathering at the Convene Conference Center in New York City; Renaud LaPlanche gave the opening keynote speech discussing how marketplace lending technology was quickly being adopted with potential for disrupting incumbents; LendIt's Jason Jones followed with a global market overview identifying the significant market opportunities in the US, China and the UK; the one-day event included multiple panel sessions, networking and a closing presentation from Prosper's Ron Suber who discussed the importance of the ecosystem for the industry's success. Source
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.
Peter O’Higgins, who had been the CFO for Revolut since 2016, resigned...
AltFi has compiled a list of the fintech companies that have started...
Much has been written about machine learning and the impact it will...
Los Angeles-based Patch of Land has expanded its executive leadership team to help manage and continue business growth and market positioning for the online real estate platform; the firm has hired Robert Greenberg as its chief marketing officer and Min Lee as its chief financial officer; over the past year the firm has been building a strong leadership team with a number of new hires including CEO Paul Deitch; the firm's founders, Jason and Brian Fritton, have substantial growth prospects for the firm and expect to continue building on the firm's compound annual growth rate of 290%. Source
The Linux Foundation has agreed to acquire the Fintech Open Source Foundation...
- Braviant Holdings Announces Launch of Chorus Credit Personal Loans
- Kasisto Raises $17M in Series B Funding
- Lion Rock Fintech Raises HK$50M in Funding
- PPDai and Sun Hung Kai & Co Announce Joint Cooperation
- South Korean Banks Drop Crypto Accounts as Government Plans a Ban
- Regions Bank Increases Prime Lending Rate
- Moody's: Some consumer ABS sectors to have weaker collateral performance due to pockets of borrower stress and weaker underwriting
- USAA’s Heather Cox is blurring the lines between business and technology
- Can a BBVA spinoff crack the digital ID code?
- Bitcoin: Electrifying Investment, Lousy Currency
In an op-ed in American Banker the executive director of the Marketplace...
Roofstock, an online marketplace in the single-family rental sector, raised $20 million in Series B funding from Lightspeed Venture Partners, Khosla Ventures, Bain Capital Ventures, Nyca Partners, QED Investors and SV Angel; they plan to use the proceeds to ramp up national expansion, invest in product development and roll out an asset management platform as they intend to reach domestic and global investors. Source
Today Genesis released their Digital Asset Lending Snapshot for Q4 2019; according...