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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.

News RoundupOnline LendingUSA
·Feb. 13, 2017

Philadelphia Capital Consortium Making Credit More Available for Small Businesses

Jonathan Snyder has developed the Philadelphia Capital Consortium to provide increased capital availability to small businesses; Snyder developed a process that allows Philadelphia small businesses to submit a form which is then sent to the Consortium's lenders; Snyder directs the process and interested lenders respond to the inquiry within 10 days; the Consortium has completed four loans and is currently adding new lenders to its network, including online lender Credibility Capital.  Source

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FintechNews RoundupUSA
·Mar. 11, 2019

Banks Using Similar Methods to Beat Fintechs

Big banks like Citi and JPMorgan Chase are trying to beat fintechs...
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FintechNews RoundupUSA
·Mar. 14, 2018

Google Bans Advertising for Crypto and ICOs

Beginning in June ads promoting cryptocurrencies and ICOs will be banned on Google; this follows a recent ban from Facebook; both companies have a large share of internet ads and combined collected 60% of online ad spend in 2017; many cryptocurrencies fell on the news. Source

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News Roundup
·Feb. 4, 2017

Marketplace Lending News Roundup – February 4

During the week I share the latest marketplace lending news on Twitter...
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FintechNews RoundupUSA
·Feb. 15, 2019

Financial Stability Board Says Big Tech Have Edge in Fintech

A new report by the Financial Stability Board (FSB) says big tech...
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FintechNews RoundupUSA
·Oct. 18, 2017

JP Morgan Chase Acquires Payments Fintech WePay

JP Morgan Chase made their first fintech acquisition with the purchase of payments company WePay; financial terms were not disclosed but the WSJ reports the price was above their 2015 valuation of $220mn; this deal points to a larger trend in the payments space with 2017 seeing deals for 166 companies worth $29.3mn. Source.

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EuropeFintechNews Roundup
·Nov. 22, 2016

Germany Publishes a Report on Fintech

Germany's Federal Ministry of Finance has published a report on the emerging fintech sector; the report finds 433 fintech companies with 346 of the companies actively in business; robo advice had the highest annual growth rate; of the 433 firms, 13 were crowdlending companies with nine of the platforms actively in business; other highlights include transaction volume by segment and industry growth rates.  Source

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FintechNews RoundupUSA
·Mar. 23, 2020

Fintech Companies Providing Free Services During Coronavirus Crisis

Ron Shevlin, writing for Forbes has compiled a list of fintech companies...
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FintechNews RoundupUSA
·Mar. 27, 2018

Lend Academy Article: Prosper Reports Full Year 2017 Results

Prosper originated $2.9 billion in 2017 and now has surpassed $11 billion in total loans. Source

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Asia/PacFintechNews RoundupOnline Lending
·Mar. 24, 2017

Report on China’s Internet Finance Market

Released at the Boao Forum for Asia this week, "The Report on Internet Finance 2017" details China's internet finance market, including its experience in mobile payments and online lending; discusses the opportunity for growth through e-commerce in Asia, specifically through the Belt and Road Initiative; highlights how mobile payments, peer-to-peer lending, online insurance and other internet finance businesses are evolving within the country's economy.  Source

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