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USA

FintechNews RoundupUSA
·Mar. 12, 2019

Stash Launching New Feature to Help Americans Invest

Stash has announced they have raised a $65 million Series E round; with the announcement the company has announced their...
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FintechNews RoundupUSA
·Jan. 16, 2017

Peter Thiel Considering a Bid for California Governor

Peter Thiel has been discussing a bid for California governor with his advisors; Thiel has been active in political campaigns and could find a number of supporters should he run for California governor; as a Republican he speaks frequently with California House Majority Leader and Republican Kevin McCarthy; he also contributed to the Trump campaign and since 2000 has contributed over $8.5 million to federal candidates and political committees.  Source

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FintechNews RoundupUSA
·Feb. 5, 2018

Strong Job Growth, Marcus Makes Key Hires and Securitization News

This week’s PeerIQ Industry Update covered the strong job growth reported and the chances of a rate hike in March; Marcus made key hires in an effort to launch a credit card as it builds out their consumer banking businesses; Marlette completed its largest securitization for $464mn and saw the senior tranches of the deal rated AA by Kroll; PeerIQ also highlighted key points from testimony by Nat Hoopes of the Marketplace Lending Association when he testified before the House Financial Services Committee. Source.

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FintechNews RoundupUSA
·Apr. 7, 2020

Plaid Looks to Speed Emergency Loan Approvals

One of the main challenges with the emergency loan process is access to payroll data; small businesses across the country...
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FintechNews RoundupUSA
·Mar. 13, 2019

De Novo Wave Could Follow BB&T-SunTrust Merger

A potential wave of new banks could start after the successful merger between BB&T and SunTrust; regulatory acceptance and markets...
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FintechNews RoundupUSA
·May. 1, 2019

New York Opens Consumer Protection and Financial Enforcement Division

The division will focus on corporate compliance and consumer issues and Katherine A. Lemire, a former assistant US attorney has...
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FintechNews RoundupUSA
·Mar. 25, 2020

Moven Winding Down Consumer Unit

Moven is winding down their personal financial management offering due to the current market; going forward Moven will now focus...
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EuropeFintechNews RoundupUSA
·Mar. 29, 2019

Citi Says Incumbent Banks Looking at a 30% Revenue Hit

A new report out by Citi says that new digital-first challenger banks may cause a 30% revenue hit to incumbent...
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FintechNews RoundupUSA
·Mar. 27, 2020

Plastiq Closes a $75 Million Series D

Even amid the economic turmoil that is today’s world deals are getting done; Plastiq, a company that allows customers to...
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FintechNews RoundupUSA
·May. 14, 2020

Max Levchin Shares Views on Current Point of Sale Finance Market

Max Levchin spoke with CNBC and provided some updates on the company; he believes the government has been under-hyped when...
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