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USA

FintechNews RoundupUSA
·Feb. 20, 2020

LendingClub Acquisition Could Spur More Deals

LendingClub’s announced acquisition of Radius Bank could be the beginning of a market trend that sees more fintech firms buying...
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FintechNews RoundupUSA
·Jun. 26, 2019

Facebook Shares Ambitions for Digital Identity in Libra White Paper

Coindesk has dug into the Libra white paper which references how they might address digital identities: “An additional goal of...
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FintechNews RoundupUSA
·Apr. 14, 2020

Fintechs Can Pass Financial Inclusion Test Through Stimulus Checks

One of the biggest benefits presented by fintechs is their ability to serve customers big banks normally would ignore; with...
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FintechNews RoundupUSA
·Jan. 10, 2018

Petal Raises $13 Million to Help Consumers Build Credit

Petal uses information beyond credit scores like earnings, spending and savings to identify people who are a good fit for a credit card; users can then use the Petal card to build their credit history; the company raised $13 million led by Valar Ventures. Source

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FintechNews RoundupUSA
·Apr. 21, 2020

Starling Bank CEO Says Branches and Cash Will Disappear

Starling Bank CEO Anne Boden was interviewed by AltFi to discuss the changes in financial services due to the current...
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FintechNews RoundupUSA
·Jan. 4, 2018

VCs Interested in Funding Companies Looking to Improve Outdated Financial Systems

An article in Tearsheet discusses how VCs are more interested in funding companies looking to improving legacy financial systems; Patricia Kemp, partner at Oak HC/FT responded to a comment about the prospects of consumer facing fintech in 2018 stating, “The largest category of successful fintech are the ones that are helping the banks get there.”; while there are still opportunities for new consumer solutions, it is just as important to innovate on back-end systems. Source

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FintechNews RoundupUSA
·May. 4, 2020

How Noah Helps Users Tap Home Equity

The company formerly known as Patch is now called Noah after a rebranding this year; it was founded by Sahil...
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FintechNews RoundupUSA
·May. 9, 2019

The Story of Marqeta’s Growth and Maturation

TearSheet sat down with Marqeta Founder Jason Gardner to talk about how his company has grown and evolved over the...
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FintechNews RoundupUSA
·Dec. 7, 2017

Big Banks Express Concern Over Bitcoin Futures

The Futures Industry Association, the main futures industry group, is sending a letter to the CFTC expressing concerns over bitcoin futures; the FT saw a draft of the letter and it states that they did not allow for proper public transparency and input; futures brokers are concerned over holding more risk and have expressed concerns to the FT that they will not immediately clear the products. Source.

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FintechNews RoundupUSA
·Mar. 13, 2020

Celo Foundation Announces 50 Members for Alliance for Prosperity

The Celo Foundation has announced they have signed up 50 founding members for the Alliance for Prosperity; the new crypto...
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