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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.

Stripe open banking
Fintech
·May. 4, 2022

Stripe launches open banking product sparking Twitter taunt from Plaid CEO

Stripe announced an open banking product called Financial Connections sparking a testy Twitter tussle with Plaid CEO Zachery Perret.

Read Full Story
Laptop showing profit curve
LatAm
·Sep. 12, 2022

Nubank, LatAm fintechs pivot to profitability pursuit amid rising rates

Across Latin America, fintech lenders are accelerating profitability strategies amid growing pressure from markets to yield profits.
Read Full Story
Server racks in computer network security server room data center, 3d rendering. Computer digital drawing.
digital lending
·Jul. 7, 2023

Working with alternative data: A roadmap

Alternative data helps lenders score previously difficult-to-serve groups like thin- and no-file customers. Lenders seeking to serve those client groups need the right technology in place, Provenir’s executive vice president for North America Kathy Stares said.
Read Full Story
climate change
Fintech
·Jul. 11, 2022

ICE Supports Climate Investment With Bond Indices

In the face of global warming projections, investment becomes critical. ICE have released bond indices to support net-zero objectives.

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News
·Aug. 20, 2011

Roundup of Social Lending News – August 20, 2011

Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best...
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News
·Sep. 15, 2012

Roundup of Social Lending News – September 15, 2012

During the week I share the latest p2p lending news on Twitter as it happens. Then every Saturday I take the most...
Read Full Story
LatAm
·Mar. 14, 2023

Konfio expands credit line to $227M to lend to SMEs in Mexico

Mexican Konfio upsized its borrowing line with Goldman Sachs and Gramercy as it seeks to increase SME lending in the region.
Read Full Story
house for sale
Fintech
·Jan. 24, 2023

Is it the end of the crypto loan… or just the beginning?

While many are concerned about the future of crypto, Milo has launched a new crypto loan after seeing sustained interest.
Read Full Story
Fintech Nexus Newsletter
·Dec. 11, 2023

Fintech Nexus Newsletter (December 11, 2023): A $300 million funding round? Yes, it still happens

No, you did not wake up back in 2021 but there is news this morning of a €285 Million (over $300m) fintech funding round. Germany-founded but London-based SumUp has closed the massive funding round that is "mostly equity" which tempers our initial enthusiasm somewhat. But even a nine-figure equity round is enough to make the news these days.
Read Full Story
Teens in circle holding smart mobile phones - Multicultural young people using cellphones outside - Teenagers addicted to new technology concept
Fintech
·Feb. 9, 2023

Younger generations’ financial literacy lacking: MoneyLion study

Results from MoneyLion's first Personal Financial Wellness Study confirm the growing influence of digital sources in our financial lives, but the steep drop-off of knowledge among millennials and Gen Z consumers.
Read Full Story
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