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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 RoundupUSA
·Aug. 3, 2017

The Adoption of Mobile Apps in Banking

Celent is a research and advisory firm to mid and large sized banks, credit unions and technology providers; the company partnered with FI Navigator to present data on mobile app adoption in banking; we know what the historical channels of branches, contact centers, ATMs, internet and mobile are all about; mobile is becoming an omnichannel platform for both bankers and customers spanning branches, contact centers and ATMs which Bob Meara explores in his presentation; shares that half of retail customers aren't using digital channels, concerns from consumers about digital and mobile channels, and other data about mobile adoption. Source

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FintechNews RoundupUSA
·Mar. 5, 2018

Best Fintechs to Work For

American Banker has released their inaugural “Best Fintechs to Work For” list; they highlight some of the unique perks fintech companies are offering their employees; some of the names making the list are Best Egg, PeerStreet, nChino, SmartBiz Loans, Nav, Cross River Bank, Jumio and Oportun. Source

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EuropeFintechNews Roundup
·Mar. 18, 2019

OakNorth Wants to be the Intel of Banking

Speaking at an event in London today the CFO of OakNorth, Cristina...
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Certified Fintech Practitioner course from the LIBF and LendIt Fintech
AnnouncementsNews Roundup
·Nov. 4, 2020

Introducing the New Certified Fintech Practitioner Course

We often hear the question, “Where do I start?” from bank executives...
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EuropeFintechNews RoundupUSA
·Feb. 1, 2019

Announcements & Releases for February 1, 2019

Another Profitable Year for Marlette Funding as Best Egg Surpasses $7B of...
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EuropeFintechNews Roundup
·Jan. 16, 2017

UK Robo Advisor Nutmeg Announces New Products and Fees

Nutmeg will offer clients five portfolio options with automated rebalancing to client risk profiles; platform is also updating its fees to a two tiered fee structure; new fees are 75 bps on the first 100,000 British pounds ($120,310) and 35 bps on anything above that; the individual investment strategies also include fees ranging from 13 to 22 bps; the changes follow private market capital investment of 42 million British pounds ($50.53 million) in 2016.  Source

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Asia/PacNews RoundupOnline Lending
·Aug. 2, 2017

Dianrong Announces Series D Round Funding of $220mn

Dianrong has obtained $220 million from a Series D funding round; this latest funding was led by GIC Private Limited (Singapore's sovereign wealth fund), CMIG Leasing, and Simone Investment Managers, among others. Source

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EuropeNews RoundupOnline LendingUSA
·Mar. 21, 2017

Kabbage to Expand to Ireland

Kabbage has reported it will open a new office in Ireland; the geographic expansion follows a 50 million euro ($54 million) investment from the Irish Strategic Investment Fund which is managed by the country's National Treasury Management Agency; the Kabbage lending platform is focused on lending to small businesses and the firm expects to help support the Irish small business sector while also creating many high-quality financial services jobs in Ireland.  Source

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EuropeFintechNews Roundup
·Apr. 2, 2019

BBVA Launches Innovative D-Loan Product

BBVA has launched a new D-Loan which links a decline in the...
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News RoundupOnline LendingRegulation
·Dec. 28, 2016

AltFi Discusses 2016

2016 could be the alternative finance industry's first net negative year according to AltFi; uncertainty in capital investment was a substantial factor for the first time causing a renewed focus on retail investment; CEO turnover has been a significant factor with Renaud Laplanche's resignation a catalyst for decreased investor confidence; regulators have also caused market uncertainty with new regulations potentially adding compliance burdens for alternative finance businesses; macroeconomic factors including Brexit and the US presidential election have also increased pressure on alternative finance; despite hardships, sentiment for 2017 is mostly positive with 2016 seen as only a temporary retrenchment.  Source

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