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FintechNews RoundupUSA
·Mar. 11, 2020

Robinhood Maxed Out $200mn Line of Credit

Digital wealth management fintech Robinhood has made the news for all the wrong reasons lately as they have been suffering...
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FintechNews RoundupUSA
·Mar. 11, 2020

Figure Sees 300 Percent Surge Due to Rate Cut

Blockchain based lending fintech Figure has seen a 300 percent surge in loan applications due to the recent rate cut...
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FintechNews RoundupUSA
·Mar. 11, 2020

How Square Overcame Competition from Amazon

It is not uncommon for Amazon to launch new products that subsequently become widely successful; one area where Amazon pulled...
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FintechNews RoundupUSA
·Mar. 11, 2020

OCC Guidance on Data Sharing Getting Mixed Reviews

The OCC released data sharing guidelines that have been met with mixed reviews, especially amongst fintechs and data aggregators; “I...
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FintechNews RoundupUSA
·Mar. 11, 2020

Lloyds Banking Group Strikes Partnership with Google

Lloyds Banking Group has signed a five year deal with Google Cloud in a bid to streamline the bank’s customer...
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FintechNews RoundupUSA
·Mar. 12, 2020

SMB Payments Startup SpotOn Raises $50mn

SMB payments solutions startup SpotOn has raised a $50mn series B growth round from 01 Advisors, Dragoneer Investment Group, Franklin...
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FintechNews RoundupUSA
·Mar. 12, 2020

Challenger Banks Could Steal 8 Percent of Retail Banking Revenues

According to a new report from Accenture high street banks face the possibility of losing up to 8 percent of...
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FintechNews RoundupUSA
·Mar. 12, 2020

Cogni Launches Millennial Focused Digital Bank

Millennials are one of the largest target markets for digital only banks as they attempt to cut into the dominant...
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FintechNews RoundupUSA
·Mar. 12, 2020

Amazon Executive Joins SoFi

Maria Renz spent more than 20 years at Amazon and is now joining SoFi; Renz was most recently vice president...
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FintechNews RoundupUSA
·Mar. 12, 2020

Figure Completes $150 Million Securitization on the Blockchain

The $150 million securitization of HELOCs is being billed as the first transaction where all aspects were managed on the...
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