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News

Every day the Fintech Nexus News team writes original stories from around the world, and we archive them chronologically on this category landing page.

Report discussion stock photo
Banking
·Mar. 10, 2023

Opportunities for fintechs mount as banks further transform digital back-end, payments: report

Two key takeaways from a state of banking report should further encourage fintechs and small businesses about future opportunities for growth.
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Fintech
·May. 11, 2023

Chile’s gig economy fintech Migrante buys lending startup in Colombia

Chile's fintech Migrante to acquire a motorcycle loan startuup in Colombia. It also changed its name to Galgo, or "greyhound" in Spanish.
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Opinion
·May. 28, 2024

Synapse is a huge black eye on the industry but let’s not paint all of fintech with the same brush

While Synapse collapse is in the news a lot right now, this is a reminder that not all fintech is created equal. Let's not forget that there are many fantastic innovations that have come out of the rise of fintech.
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Fintech Nexus Newsletter
·Feb. 26, 2024

Fintech Nexus Newsletter (February 26, 2024): Cross River launching a fintech-focused investment bank

For the past two decades, the investment banking ecosystem in fintech has been dominated by one player: Steve McLaughlin's FT Partners. Now, that is not to say that other investments have not done deals. The really big deals are often done by the likes of Goldman Sachs, Morgan Stanley, or JPMorgan Chase.
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LatAm
·Nov. 17, 2023

In Mexico, fintechs eagerly await the delayed Open Finance regulation

The fintech industry urges the government to expedite the procedure, contending that the current legal framework is impeding growth.
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Avanti Stable coin regulation
Crypto
·Nov. 22, 2021

Avanti, crypto banks shut out

Avanti now needs FDIC insurance and acceptance into the Federal Reserve payments system to function as a bank and offer stable coin services.

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Guest Post
·Sep. 12, 2023

Three ways for banks to increase loan renewals and keep lending local

There are three best practices that any community financial institution can undertake to increase their likelihood of more repeat loan business
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Fraud/Identity
·Feb. 7, 2024

Sift’s Fraud Industry Benchmarking Resource (FIBR) shows fintechs how they stack up

Sift’s Fraud Industry Benchmarking Resource (FIBR) lets fraud professionals see how their business’ security tools stack up against the competition.
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Fintech
·Mar. 30, 2022

Cross River raises $620M Series D

On March 30, banking investor Cross River announced another successful funding round of $620 million, co-led by Andressen Horowitz and Eldridge Capital.

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Fintech Nexus Newsletter
·Mar. 18, 2024

Fintech Nexus Newsletter (March 18, 2024): Figure launches a blockchain-native “exchange for everything”

When I first chatted with Mike Cagney back in 2011, when he was CEO of SoFi, it was clear he had big goals. His second act in fintech, Figure, quickly became a leader in home equity lending with all loans originated and processed through blockchain technology.
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