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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
·May. 7, 2018

State of Virginia Sues NetCredit

The state of Virginia is alleging in a lawsuit against NetCredit that...
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FintechNews Roundup
·Dec. 14, 2016

Even Financial Announces over $1.5bn in Loan Requests

Even Financial has been rapidly growing its business, now reporting over $1.5 billion in loan requests through its technology offerings; firm says loan originations from its services have been growing at a quarterly rate of 205%; the growth has been the result of increased interest in its offerings and expanding partnerships with lending businesses; firm provides technology for publishers seeking to build online solutions that compare lenders; it also offers its technology services to merchants for helping their clients identify the best financing options for purchases.  Source

 

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EuropeFintechNews RoundupUSA
·Jan. 23, 2020

Will N26’s Success Story in Europe Replay in the US?

N26 has shared that they have crossed 5 million customers, up from...
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News RoundupOnline LendingUSA
·Aug. 7, 2017

Prosper Potentially Valued at $550mn Following New Funding Deal

Prosper is in talks with Chinese conglomerate Linca to sell an approximately 10% stake in the company; according to the source, Linca would invest $50 million in Prosper at a valuation of about $550 million, reducing Prosper's value from approximately $2 billion reported in 2015; plans for its recent $5 billion investment in loans on the platform from a consortium of investors continues and this new deal is reportedly expected to help provide capital for future investments. Source

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Asia/PacEuropeFintechNews RoundupUSA
·Jul. 22, 2020

More News for July 22, 2020

Congress wants to extend PPP, lenders ready to move on Groundfloor Says...
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FintechNews Roundup
·Jan. 3, 2019

Didi Chuxing Makes Move into Financial Services

China’s top ride sharing app Didi Chuxing has made the move into financial...
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FintechNews RoundupUSA
·Jan. 7, 2020

Return of the Debit Card

Following the financial crisis many financial institutions scaled back on their debit...
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EuropeFintechNews Roundup
·Nov. 27, 2017

Open Banking Looks to Help Digital Only Challengers

As the date for open banking nears Banks and their digital only challengers are bracing for a new era of banking in Europe; writing an opinion piece in AltFi Lewis Hill of Instinctif Partners explains how digital only banks will need to explain their value proposition to the consumer to take advantage of the new rules; banks are still struggling with legacy technology and poor consumer ratings; the time is now for challengers to truly disrupt the incumbent players. Source.

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FintechNews RoundupUSA
·May. 22, 2020

LendIt Fintech Digital Highlight of the Week: Ron Suber on What is Really Happening Today

On Monday of this week LendIt Fintech Digital members were able to...
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News Roundup
·Oct. 24, 2020

Top 10 Fintech News Stories for the Week Ending October 24, 2020

Here are what I consider to be the top 10 most important...
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