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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.

Fintech News Roundup USA

·Mar. 25, 2020

How Banks Can Get Through the Current Crisis

Banks are feeling the hurt like everyone else and they need to...

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News Roundup

·Jun. 18, 2022

Millennials Taking More Personal Loans

Online lending appears to be driving increased personal loan borrowing from millennials; data from TransUnion says 4.33% of millennials obtained a personal loan in 2015 and online lenders accounted for approximately 30% of the personal loan market last year; TransUnion also reports that millennials are more conservative about credit card debt with two fewer cards on average than the previous generation. Source

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Fintech News Roundup USA

·Jan. 16, 2019

Securitization in Marketplace Lending Slowed in Q4 2018

Issuance in Q4 2018 totaled $2.6 billion, the slowest pace of issuance...

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News Roundup

·Nov. 20, 2020

Marcus Open to All Borrowers

Online lending platform Marcus by Goldman Sachs is now open to all borrowers; the bank launched its lending platform in October 2016 for borrowers receiving an email code; like other marketplace lending platforms it offers low borrower interest rates; one of its leading advantages is that it offers no fees; Goldman Sachs will announce its fourth quarter earnings in January with insight expected on the new platform's business. Source

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News Roundup

·Apr. 30, 2022

HouseCanary Adding Capital of $33mn

HouseCanary is working to provide better real estate property valuations through its fintech services; uses machine learning and algorithms to analyze data and identify home values; the company has reported a funding round with $33 million in new capital from investors including Eric Schmidt and Kobe Bryant. Source

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Europe Fintech LatAm News Roundup

·Apr. 22, 2020