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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
·Mar. 28, 2017

Investing with Impact: Digital Wealth with a Conscience – by Motif Investing’s Hardeep Walia

Hardeep Walia spoke about the lack of transparency that exists in investing today with many investors investing in a black box as he demonstrates on stage; in turn, investors may be supporting companies who may not have the same values; sustainability is a trend and consumers are increasingly willing to pay more for sustainability but investors need to vote not just with consumption dollars, but also investment dollars; to that end Motif has launched a new digital wealth product called Motif Impact that allows investors to build an investment strategy around their values such as a sustainable planet, fair labor and good corporate behavior.  Source

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News RoundupOnline LendingUSA
·Aug. 9, 2017

Forbes Reports on David Zalik and GreenSky

GreenSky is the third most valuable fintech company in America; managed by David Zalik it provides a unique lending service with a business model scalable to diverse industries; currently focused on home remodeling contractors it offers fast approvals for borrowers with support by phone, website or mobile app; Forbes provides more details on David Zalik, the evolution of the business and its future aspirations. Source

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FintechNews Roundup
·Sep. 22, 2017

Starling Bank Seeking $54mn in New Funding Round

UK digital Bank Starling Bank is seeking to raise $54mn in a new funding round for international expansion; the capital will help the bank to move into other European markets and continue development of the technology; the bank recently acquired a passport via Ireland to allow them to access the European markets since Brexit is on the horizon. Source.

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FintechNews RoundupUSA
·Apr. 13, 2020

Lend Academy Podcast: Ram Ahluwalia of PeerIQ

Ram Ahluwalia is the CEO and co-founder of PeerIQ, a leading data...
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FintechNews RoundupUSA
·May. 1, 2019

With More Bank Mergers Coming Integration Efficiency is Key

There has been a merger trend in banking the last few years...
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News RoundupOnline LendingReal Estate
·Apr. 21, 2017

Octopus Choice Approaching 50mn British Pounds in Loan Originations

Peer-to-peer platform Octopus Choice is estimating GBP50 million ($64.08 million) in loans in its first year of business; the platform offers loans secured on residential property with average returns of 4.2% and loan to value ratios of up to 70%; the firm's loans have ranged from GBP95,000 ($121,744) to more than GBP5 million ($6.41 million); the firm has been fully authorized by the FCA and has received its HMRC approval to offer an IFISA. Source

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FintechNews Roundup
·Dec. 19, 2017

Ping An Makes Giant Bet on Technology

Not only has Ping An been investing in technology but has also started selling technology in areas of online banking, facial recognition, asset management and more; according to Deputy Chief Executive Officer Jessica Tan in an interview with Bloomberg the company wants to get half their earnings from technology; while competition from Tencent and Alibaba is stiff the company believes the combination of data and offline resources can give their products an edge; after seeing presentations in recent months analysts have started raising price targets on the company. Source.

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FintechNews Roundup
·Feb. 17, 2017

Amazon Rumored to Be Considering Capital One Acquisition

According to a report from Banking Technology, Amazon could potentially be acquiring Capital One; Capital One uses Amazon's AWS cloud services; its credit card business could complement Amazon's current offerings for payment processing and credit cards while also expanding its services for Amazon's merchant network; according to Neil O'Brien, former director of digital banking at Santander US, "There has been speculation for a long time about a tech giant (GAFA – Google, Apple, Facebook, Amazon) buying a bank in the US, but the general sentiment was that banks were an undesirable target because of low margins and more importantly, high regulation."; the potential for a bank acquisition is now likely to increase given recent regulatory developments in the financial services industry.  Source

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FintechNews RoundupUSA
·Jan. 7, 2019

Plaid CEO Offers up 2019 Fintech Predictions

CNBC sat down with Plaid CEO Zach Perret to talk about 2019 and...
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News RoundupOnline LendingRegulationUSA
·Oct. 31, 2016

Lend Academy Podcast: Nat Hoopes of the Marketplace Lending Association

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

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