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EuropeFintechUSA
·Aug. 5, 2020

More News for August 5th, 2020

Mobile bank Current launches a points rewards program for debit card users U.S. Financial Service Buckle Secured $31 Million Through...
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FintechNews RoundupUSA
·Apr. 19, 2019

Credit Quality Data Points Show People Can Handle Increased Debt

Data from American Express, Synchrony Financial, Ally and Santander show that while debt levels might be at their highest level...
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FintechNews RoundupUSA
·Jan. 31, 2020

Fintech Products Built for the Privileged

Even CEO and Co-Founder Jon Schlossberg writes in Forbes that most fintech products being built are for users who are...
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FintechNews RoundupUSA
·May. 11, 2020

New Guidance Slows Firehose of Funds from the PPP

When the government announced the first tranche of funding for the Paycheck Protection Program (PPP) there was a flood of...
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FintechNews RoundupUSA
·May. 1, 2020

Tencent Buys a 5% Stake in Afterpay

The Chinese tech giant Tencent has purchased a 5% stake in Afterpay worth A$390 million (US$252 million) according to the...
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FintechNews RoundupUSA
·Jan. 10, 2018

Lend Academy Article: Real Estate Crowdfunding Platform Groundfloor Goes Nationwide

Investors across the US will now be able to invest in real estate loans originated by Groundfloor with as little as $10. Source

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FintechNews RoundupUSA
·Mar. 24, 2020

Robinhood States Engineering Issues are Resolved

Over the past few weeks Robinhood has been in the news multiple times as their platform failed to hold up...
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FintechNews RoundupUSA
·Mar. 21, 2018

Mike Cagney’s New Venture

Mike Cagney was previously a co-founder of SoFi; after resigning last year he began work on a new startup which involves home improvement financing and HELOCs; the company is called Figure and is live at www.figure.com; according to the website, “Figure is a financial technology company with the mission of leveraging blockchain, AI and advanced analytics to unlock new access points for consumer credit products that can transform the financial lives of our customers. We provide home equity release solutions, including home equity lines of credit, home improvement loans and home buy-lease back offerings for retirement.” Source

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FintechNews RoundupUSA
·Nov. 16, 2017

Square Begins Testing Bitcoin Through Mobile App

Square has started to allow some of its Cash mobile app users to buy and sell the cryptocurrency through the app; a Square spokesperson said, “We’re exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash app customers,” as reported by Crowdfund Insider. Source.

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FintechNews RoundupUSA
·Aug. 24, 2017

Investing Platform Focused on Female Investors Raises $32mn

Sallie Krawcheck previously worked as a Wall Street executive but has since founded Ellevest; the company offers a digital investing platform helping female investors access low-cost ETFs based on goals; Venus Williams, a professional tennis player, is among investors in the company; according to Krawcheck, women are less concerned with beating the market and focus rather on ensuring their money won't disappear completely; the platform also considers the longer lifespans of women and the possibility of extended time off from work; Business Insider provides screenshots of setting up an account; the app is not yet in the app store. Source

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