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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.

Asia/PacFintechNews Roundup
·Sep. 6, 2017

China’s Fintechs Eye Overseas IPOs as Regulations Tighten at Home

A new wave of IPOs by mainland Chinese fintech companies is taking shape; P2P companies in particular are hungry for fresh capital to reinforce their business growth; two mainland-based P2P operators – Yirendai and China Rapid Finance – are currently traded in New York; Sorghum Investment last month announced a reverse merger with Nasdaq-listed China Commercial Credit which would make it the third. Source

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EuropeFintechNews Roundup
·Nov. 29, 2016

Germany’s Central Bank Testing Blockchain for Securities Settlement

Germany's central bank is testing the use of blockchain technology in securities settlement; the central bank has partnered with Deutsche Börse to build a prototype; the prototype system is expected to be able to transfer electronic securities and digital coins also performing functions for coupon payments and redemptions of securities.  Source

 

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FintechNews Roundup
·May. 23, 2019

Announcements & Releases for May 23, 2019

Small and mid-sized banks can’t shy away from AI Crypto Lending Startup...
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FintechNews RoundupUSA
·May. 2, 2018

Bank of America Looks to Expand Small Business Reach

Sharon Miller, head of Bank of America’s small business banking, sat with...
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FintechNews Roundup
·Jan. 16, 2020

More News for January 16th, 2020

Goldman Sachs: Marcus At $60 Billion In Deposits Bitcoin is on its...
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EuropeFintechNews RoundupUSA
·Feb. 8, 2019

Exploring the Risks of the Non-Bank Lending Sector

Since the financial crisis the non-bank lending sector has grown tremendously; while...
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FintechNews Roundup
·Dec. 18, 2017

Loan Stacking a Problem in China

A new study has found that borrowers in China are taking out loans from multiple platforms; of 61 online lenders in the study, 44% of their customers borrowed from multiple sources; it is difficult to prevent against this since p2p lenders don’t have access to all of the credit data of their borrowers and there is no centralized place for platforms to share data; the study was done by the Beijing Internet Finance Industry Association. Source

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FintechNews RoundupUSA
·Jan. 27, 2020

Mixed Economic News on Consumers, FICO Score Changes and the Next Plaid?

In this week’s PeerIQ Industry Update they cover the mixed economic news...
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FintechNews RoundupUSA
·Oct. 19, 2017

Clearbanc Working with Facebook for Merchant Financing

Clearbanc provides revenue-based financing to online businesses; a new program launched with Facebook will give Facebook’s 5 million merchants in Canada and the US access to $500,000 in financing; advertisers who have been working with Facebook for 6 months and have positive economics on ad spends will be able to apply through Clearbanc’s Chrged program and connect their Facebook Ad account. Source

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EuropeFintechNews Roundup
·Feb. 21, 2019

Revolut Targeting 50,000 New Accounts a Day by Year End

Leading UK challenger bank, Revolut, is growing fast and now has around...
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