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FintechNews RoundupUSA
·Jan. 14, 2020

Visa to Buy Plaid in $5.3 Billion Deal

Yesterday it was announced that Visa is planning to buy Plaid for $5.3 billion, double the valuation of Plaid’s 2018...
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FintechNews RoundupUSA
·Jan. 14, 2020

Banks Shift How they Invest in Fintech Companies

Banks have started to shift the way they invest in fintech companies looking to make fewer, larger investments in more...
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FintechNews RoundupUSA
·Jan. 14, 2020

Quicken Releases Personal Finance App

Quicken was one of the first companies to offer a way for consumers to manage their money way back in...
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FintechNews RoundupUSA
·Jan. 14, 2020

Truist Financial Hopes Rebrand Will Help Highlight Technology Offering

Truist Financial unveiled their new brand which the bank hopes will represent personal touch and their technology offering; Truist Financial...
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FintechNews RoundupUSA
·Jan. 14, 2020

Fundbox Hires CFO Looking Towards Eventual IPO

Fundbox has hired Marten Abrahamsen, a former investment banker to fill the CFO role at the fintech company; Fundbox provides...
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FintechNews RoundupUSA
·Jan. 14, 2020

Tradeshift Look to Raise $240 Million Round

Tradeshift is a supply chain finance company and has announced they are close to closing a $240 million equity and...
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FintechNews RoundupUSA
·Jan. 14, 2020

Mobile Banking Features Help Big Banks Dominate Amongst Millennials

A 2019 survey by Cornerstone Advisors found that 44 percent of millennials banked with Bank of America, JPMorgan Chase and...
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FintechNews RoundupUSA
·Jan. 13, 2020

How Credit Karma Relies on Influencers to Acquire Gen Z Users

Credit Karma is seen as one of the hottest fintech startups in the world and a potential 2020 IPO candidate;...
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FintechNews RoundupUSA
·Jan. 13, 2020

Wells Fargo Finds Itself Behind in the Tech Race as New CEO Tries to Turn Bank Around

Wells Fargo was one of the first banks to use online banking back in the 1990s but now finds itself...
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FintechNews RoundupUSA
·Jan. 13, 2020

Neutral Rate Concerns, Goldman Increases Transparency and Auto & Credit Card Delinquencies Trend Higher

In this week’s PeerIQ Industry Update they cover the concerns former Fed Chair Ben Bernanke raised about the neutral rate...
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