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News Roundup
·Sep. 14, 2020

Should the UK’s Loan Guarantee Scheme, a Lifeline to Fintech, Be Extended?

[Editor’s note: This is a guest post from Ryan Weeks, formerly with Dow Jones and AltFi, covering fintech. This is...
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FintechUSA
·Jun. 17, 2020

Digital Bank Current Adds 100,000 Users in April and May

When the world went into lockdown the digital banks were one of the beneficiaries of everyone staying at home; Current...
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EuropeFintech
·Jun. 11, 2020

Tide Needs More Money for Bounce Back Loans

Tide is reportedly in discussions for a new funding round totaling hundreds of millions of pounds according to reporting from...
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FintechNews RoundupUSA
·May. 28, 2020

OnDeck Shares Early Progress in Borrower Behavior

OnDeck shared a mid-quarter update to investors and the outlook isn’t as bleak as previously thought by many; OnDeck has...
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FintechNews RoundupUSA
·May. 27, 2020

Credit-Card Fraud Attempts on the Rise

FIS reports that credit and debit card fraud attempts have increased since the coronavirus hit the US; the dollar volume...
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EuropeFintech
·Jul. 31, 2020

Monzo Reports £114M Loss With a Bleak Future Outlook

Leading UK digital bank Monzo released its annual report yesterday and the numbers were not pretty; the company reported that...
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EuropeFintech
·Jun. 16, 2020

Monzo Confirms £60M Down Round at £1.24B Valuation

As was rumored last month Monzo has confirmed it has closed a new £60 million round of funding at a...
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FintechUSA
·Jun. 4, 2020

Payday Lenders Taking Advantage of Consumers During Pandemic

Recent research suggests that payday lenders are marketing directly to consumers who are seeking financial help due to the pandemic;...
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Peer to Peer Lending
·May. 28, 2020

OnDeck Shares Early Progress in Borrower Behavior

There has been a lot of uncertainty over the last 2 months, especially for fintech lenders. OnDeck found themselves in...
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FintechNews RoundupUSA
·May. 27, 2020

Data Confirms Less Delinquencies and Foreclosures Than Anticipated

Forbearance requests from homeowners have leveled off in recent weeks showing that there are likely to be less delinquencies and...
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