Random

USA

·Feb. 26, 2020

Venmo Tests Debit Card For Teens Connected to Parents Account

Venmo is reportedly testing a debit card for teenagers that would connect to their parents account; the new card would...

Read Full Story

News Roundup Online Lending USA

·Aug. 7, 2017

LendingRobot Series Returns for the Second Quarter

LendingRobot shares returns for the second quarter; aggregated return for the LendingRobot series was 2.7% year to date; there are currently four risk-based funds in the series ranging from short term conservative to long term aggressive; loans included in the funds are from Lending Club, Prosper, Funding Circle and Lending Home; the series funds are available to accredited investors for investment. Source

Read Full Story

Fintech News Roundup USA

·Mar. 16, 2020

Coronavirus Shakes Markets; Intuit Eyes More FinTechs; Figure’s On-Chain Securitization

The latest PeerIQ newsletter digs into the news from last week including the current economic outlook and what we might...

Read Full Story

News Roundup Online Lending USA

·Dec. 20, 2016

Orchard Analyzes December P2P Loan Originations

Orchard provides insight on monthly trends in P2P lending originations; uses Lending Club's publicly available standard program data for the analysis; finds October has historically been the peak month for P2P loan originations; identifies loan purpose trends for 2015 with debt consolidation notably highest in January; categories with peak lending originations in December in 2015 included major purchase, other and small business. Source

Read Full Story

Fintech News Roundup USA

·May. 20, 2019

Otting Details Recent Changes at the OCC

Over the last year and a half Comptroller of the Currency Joseph Otting has made quite a few changes at...

Read Full Story

Fintech News Roundup USA

·May. 5, 2020

N26 Raises Additional $100 Million

N26 has raised another $100 million which is an extension of their Series D round announced last year; the round...

Read Full Story

Fintech News Roundup USA

·Mar. 16, 2020

Revolut Customers Can Buy and Sell Gold Through Revolut App

The new feature is open to Premium and Metal customers at a time when the price of gold has recently...

Read Full Story

Fintech News Roundup USA

·Mar. 18, 2020

Banks Struggle to Communicate Help to Worried Consumers

As coronavirus fears grip the nation consumers are increasingly worried about their finances; J.D. Power found that 83 percent of...

Read Full Story

Fintech News Roundup USA

·Jan. 7, 2020

Big Banks Start to Invest More in Quantum Computing

Some of the biggest banks have started to invest greater resources in quantum computing as they hope the technology is...

Read Full Story

Fintech News Roundup USA

·Jan. 15, 2020

Deloitte Research Shows Challenges Robo-Advisors Face

Deloitte recently released a report called Driving innovation in investment management report estimates that invest-tech platforms; many of these platforms...

Read Full Story