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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.
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- Fitch Upgrades Select Ratings, Outlook on Prosper Marketplace ABS
- Mass-affluent investor platform launches
- Elevate Credit Third Quarter 2017 Earnings Release Available on Its Investor Relations Website
- P2P fund a ‘Buy’, says analyst
- After losing Wealthfront, robo custodian grabs $750M TAMP
- Chinese lending platform PPDAI Group sets terms for $298 million IPO
- Uber agrees to sell its US auto-leasing business
- As EOS Tops $8 is the Sun About to Set on Ethereum's Reign?
- Top 10 Companies of the Blockchain Industry in 2017
- Survey: 31% of South Korean Professionals are Cryptocurrency Investors
- How a simple tech upgrade at the IRS could transform the economy (by Sam Hodges, Funding Circle)
- TD's innovation agenda: Experiments with Alexa, AI and augmented reality
- Where fintech dollars will go in 2018
- The Next Big Trade for Bond Investors Is Betting on U.S. Homeowners
- Lend Academy Podcast: Camilo Concha of LendingUSA
- A.I. and Big Data Could Power a New War on Poverty
- Financial technology startups emerged as serious challengers to financial services in 2017
- Best Egg Will Broaden to Financing Purchases in 2018
- OnDeck Adds a BlackRock-Managed Fund to its Platform of Financing Partners
Jianpu listed on the NYSE on November 16th under code JT; it is the fourth fintech company to IPO in the US in the second half of 2017; others included Quidian, Hexindai and PPDAI; Jianpu is a subsidiary of Rong360 and has an active user base of 95.8 million; the platform has provided 170,000 financial products in more than 350 cities. Source
It has been nine months since we took a close look at...
Back in May I did an analysis of the top 50 p2p...
Prosper is still working on a response to concerns that were raised...
Alibaba affiliate Ant Financial has announced the acquisition of US payments company MoneyGram; Ant Financial plans to leverage and integrate MoneyGram's payments network to provide enhanced servicing for its digital clients; the acquisition represents a significant expansion of services both globally and into the US for Ant Financial; MoneyGram offers global money transfer services from over 350,000 global locations with over 40,000 payment processing locations in the Unites States; with MoneyGram Ant Financial will now have a broader payments network which currently includes its affiliate Alipay, a partnership with Paytm in India and a partnership with Ascend Money in Thailand; the acquisition also helps to support Ant Financial's mission to bring inclusive financial services to users globally. Source