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FintechNews RoundupUSA
·May. 7, 2020

PeerStreet Begins Lending Again

The real estate platform PeerStreet temporarily paused lending last month due to the coronavirus; now they have resumed lending with...
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FintechNews RoundupUSA
·May. 7, 2020

New Study Says Midsize Banks Should be Using More Email

A new study by J.D. Power says midsize banks should be using email a lot more when communicating with customers;...
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FintechNews RoundupUSA
·May. 6, 2020

LendingClub Releases Q1 2020 Earnings, Anticipates Originations to fall 90% in Q2

We are now getting a sense of the impact of the coronavirus crisis on lenders; yesterday, LendingClub announced their Q1...
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FintechNews RoundupUSA
·May. 6, 2020

How the SBA’s E-Tran System Became the Center of the PPP

The government did not have a good mechanism for extending $670bn in small business loans and the SBA’s E-Tran came...
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FintechNews RoundupUSA
·May. 6, 2020

Social Media Becomes Place of Praise and Criticism for Banks during Crisis

Banks are dealing with a myriad of issues trying to service customers during the pandemic with less staff and less...
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FintechNews RoundupUSA
·May. 6, 2020

Big Banks Invest in Online Shareholder Voting Platform

JPMorgan Chase, HSBC and Deutsche Bank are amongst a group investing $20mn in online shareholder platform Proxymity; the company is...
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FintechNews RoundupUSA
·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...
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FintechNews RoundupUSA
·May. 5, 2020

Revolut on the Lookout for Acquisition Targets

Revolut is keeping an eye out for potential acquisitions with the help of their recent $500 million round; with many...
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FintechNews RoundupUSA
·May. 5, 2020

Robinhood Officially Closes $280 Million Series F

The Series F round values the fintech company at $8.3 billion; the latest round continues a deceleration of valuations the...
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FintechNews RoundupUSA
·May. 5, 2020

New Survey Says 13 Percent of SMBs Approved for PPP

According to a new survey from CNBC and SurveyMonkey only 13 percent of small businesses were approved for loans through...
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