Tink is an open banking platform enabling connections between banks and other...
News Roundup
This page contains an archive of the Global Newsletter summaries and the weekly fintech news roundups.
Every day the Fintech Nexus news team scours the globe for the most important stories of the day to include in our daily newsletter.
Then every Saturday we bring you our weekly news roundup of the top 10 fintech stories of the week with commentary from Peter Renton.
To join our newsletter community please subscribe here.
- CoinList Raises $9.2M in Series A Funding
- Liquid FSI Adds Key Board Member
- LendingTree Personal Loan Offers Report – March 2018
- LendingTree Mortgage Offers Report – March 2018
- Five Ways for FinTech Lenders to Achieve ROI on a Loan Pricing System Investment (ProBank Austin)
- Enhancing the Business Value of Loan Pricing Systems (ProBank Austin)
- Stripe launches a new billing tool to tap demand from online businesses
- Will fintech realize its potential for financial inclusion?
OCC proposes eliminating ‘outdated’ licensing rules Is the future of banking not...
Alibaba-backed Ant Financial sold $578 million worth of securities backed against small loans granted to consumers on "Double 11" day, the festival to celebrate singlehood and the world's largest online shopping day; Chongqing Alibaba Small Loan provided the underlying loans for the asset-backed security through an online consumer credit portal, Ant Check Later ("Huabei" in Chinese); the Shanghai Stock Exchange approved the offering and allowed it to be privately placed last Monday to qualified institutional investors. Source
Early wage access startups like DailyPay and Earnin are seeing a big...
Frederic Nze is the CEO and founder of Oakam, a UK micro-lender...
UK Based Starling Bank has been granted approval by the Financial Conduct Authority and the Prudential Regulation Authority to offer financial products; the new authorizations will allow the bank to offer mortgages, consumer loans, ISAs and other investment products; they are the first mobile only bank to be granted such permissions. Source.
Amazon Lending first launched in 2011 and now is partnering with Bank of America Merrill Lynch according to sources; Amazon invites sellers to the program which provides loans between $1000 and $750,000; in June, 2017 Amazon announced it had lent $1 billion over the previous 12 months; recent reports show that Amazon has slowed growth of the product in 2017 to better understand credit risks. Source
Antony Jenkins, former CEO of Barclays and now head of 10x Future...
IEX came on the scene a few years ago with a lot...