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FintechNews RoundupUSA
·May. 31, 2019

What SoFi’s $500 Million Funding Round Means For Incumbents

Business Insider provides their perspective on SoFi’s $500 million funding round that was announced this week; the personal finance space...
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EuropeFintechNews Roundup
·Apr. 26, 2019

NatWest Launches Biometric Card

This marks a first for a UK bank to launch a biometric fingerprint card; it is currently in pilot phase...
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FintechNews RoundupUSA
·Feb. 6, 2019

Falling Income for Credit Card Issuers

The credit card business used to be much more profitable for banks; a recent study showed that fee income across...
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FintechNews RoundupUSA
·May. 15, 2018

Vikram Pandit Bets Big on Credit Card Startup

The former Citigroup CEO is investing $100 million in Fair Square Financial LLC through his investment firm called Orogen Group;...
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FintechNews RoundupUSA
·May. 10, 2018

Goldman Sachs and Apple Partner for New Credit Card

The new joint credit card is anticipated to be launched next year and will carry the Apple Pay brand; this...
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FintechNews RoundupUSA
·May. 28, 2019

Other Banks Expressed Interest in Bringing Apple Card to Fruition

According to CNBC, Citigroup was also in discussions with Apple for their newly launched credit card; the bank pulled out...
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FintechNews RoundupUSA
·Mar. 5, 2019

US Credit Debt Ended 2018 at Record Highs

US credit card debt was $870 million as of December 2018 according to data from the Federal Reserve, an increase...
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Peer to Peer Lending
·Oct. 2, 2018

Petal Card Announces $34 Million Round on Launch Day

A majority of fintech companies today focus on providing faster and cheaper financial products to already well-served Americans. While this...
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FintechNews RoundupUSA
·May. 11, 2018

Lend Academy Article: Goldman Sachs Partnering With Apple on a New Credit Card

Despite being less than two years old Marcus by Goldman Sachs continues to aggressively expand their consumer finance business. It...
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FintechNews RoundupUSA
·Jan. 31, 2018

Lend Academy Article: Is Marcus Going to Launch a Credit Card?

Goldman Sachs has been busy acquiring companies to boost its consumer facing business; they now have expertise across consumer lending, small business lending and real estate; Lend Academy shares their latest acquisitions, including the acquisition of Final, a credit card startup; it seems as though credit cards was the missing piece and it's possible Goldman Sachs will enter the credit card business. Source

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