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FintechUSA
·Jun. 15, 2020

Consumer Borrower Health, Goldman & Amazon Partner and Madden Confusion

In this week’s PeerIQ Industry Update they cover the recent remarks by Fed Chairman Powell who says the recovery will...
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FintechUSA
·Jun. 15, 2020

Ellevest Continues to Grow but Not as Quickly as other Digital Wealth Startups

Digital wealth startup Ellevest has grown to more than $600mn in assets under management since launching 4 years ago but...
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FintechUSA
·Jun. 15, 2020

Synapse Lays Off Half of its Full-Time Staff

According to Business Insider, fintech startup Synapse is laying off as many as 63 people or more than half of...
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FintechUSA
·Jun. 15, 2020

Payments Companies Increase Reserve Requirements to Detriment of SMBs

The current crisis has shown itself to have a long list of unintended consequences and increased reserves on payments is...
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EuropeFintechUSA
·Jun. 15, 2020

Turkey’s Isbank Finds Big Success with Virtual Assistant Maxi

Banks have long been hurt by their ability to effectively communicate with their customers and the current crisis has only...
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FintechUSA
·Jun. 12, 2020

Quicken Loans Confidentially Files for IPO

The largest mortgage lender in the U.S. has confidentially filed for an IPO according to CNBC; the report indicates the...
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FintechUSA
·Jun. 12, 2020

Andreessen Horowitz Analyzes the Boom in Bank Partners

The bank partner model has been around for decades but it has expanded rapidly in the last few years; leading...
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FintechUSA
·Jun. 12, 2020

The Pandemic Has Made a Digital Dollar Seem Inevitable

When Libra was announced last year it was met with significant pushback, particularly in Europe; today, the European Union has...
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FintechUSA
·Jun. 12, 2020

Kabbage Has Processed 129,000 PPP Loans Totaling Almost $4 Billion

Leading fintech small business lender Kabbage has been a major force in getting PPP loans into the hands of small...
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FintechUSA
·Jun. 12, 2020

Zero Percent of Women in Private Equity Would Start Their Own Firm Due to Gender Bias

According to the 10th edition of Investec’s General Partner Trends survey zero percent of women said they would start their...
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