USA

Fintech News Roundup USA

·Jan. 30, 2019

Credifi Helps Banks Gain Access to Out of Market CRE Loans

CRE loans hit their peak for banks right before the financial crisis in 2007, then prices started to crater by...

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Fintech News Roundup USA

·Mar. 2, 2018

Financial Firms Find Content Marketing a Crowded Field

Content marketing has become a widely used trend among financial firms to build brand awareness about products; what most companies find is cutting through the noise is quite hard as most companies share content that can seem the same from the user perspective; some are trying different techniques like having users write content or testing different visuals; companies need to figure out the types of pieces that work best for their particular segment. Source.

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Fintech USA

·Jun. 1, 2020

American Banker’s Digital Banker of the Year: Patrick Sells of Quontic

Patrick Sells is the Chief Innovation Officer of Quontic Bank, a community bank based in New York; he is American...

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Fintech News Roundup USA

·Aug. 24, 2017

Exploring the Potential of a Robo-Advisor IPO

Financial Planning explores the possibility of an IPO from the leaders in the robo-advice market including Betterment, Wealthfront and Personal Capital; the companies continue to raise money but some question the viability of the market; Betterment has over $10 billion in assets under management, Wealthfront has $7.4 billion and Personal Capital has $4.9 billion; the companies have a combined 420,000 clients and 548,000 accounts; article shares statements by each company regarding IPOs and the differences between the platforms. Source

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Fintech News Roundup USA

·Nov. 2, 2017

Robinhood Announces New Web Platform

Brokerage app Robinhood is unveiling a new web based platform; the company currently has over 3 million opened accounts and is growing daily; Business Insider reports that co-founder Baiju Bhatt said, "When people are buying stocks, they are comparison shopping and they want an experience that's built for that."; the company has reached the size of Etrade and are working on building additional features. Source.

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News Roundup North America Online Lending USA

·Nov. 29, 2016

Prosper’s Ron Suber Joins eOriginal Advisory Board

eOriginal has added Ron Suber, Prosper Marketplace president, to its advisory board; the digital transaction document management company has been steadily expanding its business in the marketplace lending market; Ron Suber will help support the company's growth as an advocate for its unique digital documentation products also advising the company on the marketplace lending market overall; eOriginal is currently growing and expanding, also adding Jon Barlow, founder and former CEO of Eaglewood Capital Management, to its advisory board and raising $26.5 million in a recent funding round. Source

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Fintech News Roundup USA

·May. 7, 2018

Private Alternative Lenders May Face Test

An article in the FT shares examples of businesses that have not benefited from the recent economic expansion and at...

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Fintech News Roundup USA

·Jan. 30, 2020

Figure Hires Former Coinbase Exec as New President

Figure, the blockchain-based fintech lending startup founded by Mike Cagney, has a new president; Asiff Hirji was the former president...

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Fintech News Roundup USA

·Mar. 31, 2017

A Bearish View on Square, Inc.

SeekingAlpha reports on the valuation of Square, Inc. citing several factors that have led to an overvalued stock price of $17.37; the author reports that assumptions on the growth of its customers is overestimated; says it will have difficulty when expanding to higher value customers and internationally also reporting that the business model is at risk to lower cost market competitors; also says that its reliance on Square Capital lending to retain customers and balance attrition of gross payment volume is unlikely primarily due to market competition. Source

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Fintech News Roundup USA

·Apr. 2, 2019