Top Fintech News Stories for October 30, 2020

Here are the most read news stories from our daily newsletter today:

• Alliance Data Inks $450M Deal For FinTech Bread – PYMNTS
• Shopify Capital Originated $252M in MCAs and Business Loans in Q3 – deBanked
• Wise raises another $12 million to double down on embedded business banking – TechCrunch
• Jiko secures $40 million Series A to build mobile bank from the bottom up – FinLedger
• BlueVine expands into business checking – American Banker
• Promontory Interfinancial rebrands as IntraFi, looks to diversify –
• N26 survey reveals nearly 40% of Americans are happy with their financial health despite feeling anxious ahead of the holidays – Fintech Finance
• Dearth of Credit Starves Detroit’s Housing Market – The Wall Street Journal
• Two consumer groups sue CFPB over payday rule – American Banker
• Bank of Canada Governor Says Digital Dollar Project Moving Past Trial Stage – CoinDesk