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Discussion
Fintastico Team
1 day, 4 hours
http://feedproxy.google.com/~r/finovate/~3/yDID...
Neobank News: Upgrade Checks In; Revolut in the UK; Koho Hires New CTO - Finovate
Upgrade, the neobank launched by LendingClub founder Renaud Laplanche is celebrating the one-year anniversary of its flagship Upgrade Card – and a $5 million fundraising – with a new mobile checking account. Upgrade’s Unique Reward Checking Accounts offer 2% cash back on everyday and recurring expenses and 1% cash back on all other debit charges. Read more...
Fintastico Team
2 days, 1 hour
https://www.americanbanker.com/news/after-busy-...
Fintastico Team
1 week, 5 days
https://www.crowdfundinsider.com/2021/01/170880...
Fintastico Team
2 weeks, 1 day
https://www.crowdfundinsider.com/2020/12/170838...
Happy New Year! LendingClub's Acquisition of Radius Bank Approved by the OCC
LendingClub (NYSE:LC) will start 2021 on a high note it seems. The online lender and aspiring digital bank has had its acquisition of Radius Bank approved by the Office of the Comptroller of the Currency (OCC), according to many reports. Shares in the Fintech rocketed
Fintastico Team
2 weeks, 1 day
https://www.americanbanker.com/news/occ-approve...
Fintastico Team
2 weeks, 1 day
https://www.lendacademy.com/the-top-ten-biggest...
The Top Ten Biggest Fintech News Stories of 2020 - Lend Academy
As the sun sets on 2020 and we look back at this past year nearly everything is viewed through the lens of the pandemic. Many fintech companies did surprisingly well while others, particularly in the lending space, struggled. When we look at the year as a whole we see that it was M&A activity that …
Fintastico Team
2 weeks, 5 days
https://www.crowdfundinsider.com/2020/12/170683...
Fintastico Team
4 months, 3 weeks
https://www.crowdfundinsider.com/2020/08/165660...
Radius Bank Announces Partnership With Currencycloud to Allow Clients to Send Money to More Than 180 Countries
U.S. digital bank Radius Bank announced on Monday it has formed a partnership with cross-border solutions provider Currencycloud to offer Radius clients to send money to more than 180 countries around the world. Radius Bank reported that it is using Currencycloud’s APIs to send outgoing
Fintastico Team
4 months, 4 weeks
https://www.crowdfundinsider.com/2020/08/165487...
LendingClub CEO Scott Sanborn: We have been preparing for an adverse environment for the past several years
LendingClub (NYSE:LC) is the leading online consumer lender in the US and the first big Fintech lender to go public on the NYSE. Over $50 billion in lending has been originated on the platform that claims more than 3 million customers. The last few years
Fintastico Team
5 months
https://thefinancialbrand.com/101167/financial-...
Financial Wellness Tools Propel Fintech Deeper into Banking Space
MoneyLion, with six million members, sports a new banking app and digital money-management features suited to COVID-impacted consumers.
Fintastico Team
5 months, 2 weeks
https://www.crowdfundinsider.com/2020/07/164797...
OnDeck Pairs with Enova: Fintech Consolidation Expected to Continue
Earlier this week, OnDeck (NYSE:ONDK) announced it was being acquired. For months, there had been rumors circulating that OnDeck had put itself up for sale. During Q1, OnDeck CEO Noah Breslow said during its earnings call that OnDeck was working with its board of directors
Fintastico Team
5 months, 3 weeks
https://thefinancialbrand.com/98732/challenger-...
U.S. Challenger Banks Turn Up the Heat on Incumbents
SoFi's bid to become a national bank may signal a new phase of fintech expansion. But experts say Square's ILC charter will have more impact.
Fintastico Team
5 months, 3 weeks
https://thefinancialbrand.com/98732/challenger-...
U.S. Challenger Banks Turn Up the Heat on Incumbents
SoFi's bid to become a national bank may signal a new phase of fintech expansion. But experts say Square's ILC charter will have more impact.
Fintastico Team
5 months, 4 weeks
http://feedproxy.google.com/~r/finovate/~3/rrFW...
Innovation in a Time of Crisis: A Conversation with Upgrade's Renaud Laplanche - Finovate
What are the challenges of launching a challenger bank in today’s environment? What do these neobanks offer that traditional banks do not? And what will the path forward look like for these newcomers in terms of disruption versus collaboration with both incumbent financial services companies, as well as fintechs? We caught up with Renaud Laplanche, Read more...
Fintastico Team
6 months
https://asreport.americanbanker.com/news/kroll-...
Kroll affirms ratings on dozens of fintech ABS notes
But several still remain on watch for potential downgrades as the ratings agency assesses the near-term impact on marketplace lenders as federal support for consumers could be nearing an end.
Fintastico Team
6 months
https://seekingalpha.com/article/4358162-opera-...
Opera: Shifting To Neutral On Aggressive Fintech Expansion (NASDAQ:OPRA)
Opera shares have risen more than 75% over the past two months. Despite investors' earlier queasiness on Opera's fintech business amid expected credit losses, the market is glancing over Opera's acquisition of Fjord Bank.
Fintastico Team
6 months, 1 week
https://www.financemagnates.com/fintech/news/so...
SoFi Applies for a US National Banking Charter | Finance Magnates
SoFi, an online student lender, has filed for a national bank charter with the Office of the Comptroller of the Currency, taking a step towards becoming a bank.
Fintastico Team
6 months, 1 week
https://www.crowdfundinsider.com/2020/07/163819...
Renaud Laplanche Plans Upgrade Banking, Comments on Fintech's Performance During COVID-19 Challenge
Upgrade is a consumer online lender and emerging digital bank that recently announced a significant funding round that gave the Fintech a $1 billion valuation. Founded by Renaud Laplanche, this is the second Fintech he has founded that moved into the unicorn realm the first
Fintastico Team
6 months, 1 week
https://www.crowdfundinsider.com/2020/07/163819...
Renaud Laplanche Plans Upgrade Banking, Comments on Fintech's Performance During COVID-19 Challenge
Upgrade is a consumer online lender and emerging digital bank that recently announced a significant funding round that gave the Fintech a $1 billion valuation. Founded by Renaud Laplanche, this is the second Fintech he has founded that moved into the unicorn realm the first
Fintastico Team
6 months, 1 week
http://feedproxy.google.com/~r/finovate/~3/ilG0...
Halftime Heat Check: The Biggest Fintech Headlines of 2020 - Finovate
Two of the biggest stories of 2020 so far – the global public health crisis of COVID-19 and the worldwide resurgence in social justice activism – have had as much impact on the fintech industry as they have the rest of the world. The mobilization of banks, fintechs, and financial services companies to facilitate financing Read more...
Fintastico Team
6 months, 1 week
https://www.americanbanker.com/news/there-will-...
‘There will be hundreds of fintech failures’
Jane Gladstone, new president of Promontory Interfinancial Network, says the recession will accelerate the shakeout among the nonbank disruptors and that small banks have an opportunity to forge new bonds with the survivors.
Fintastico Team
6 months, 1 week
https://www.americanbanker.com/news/there-will-...
‘There will be hundreds of fintech failures’
Jane Gladstone, new president of Promontory Interfinancial Network, says the recession will accelerate the shakeout among the nonbank disruptors and that small banks have an opportunity to forge new bonds with the survivors.
Fintastico Team
6 months, 2 weeks
https://www.fintechfutures.com/2020/07/us-chall...
US challenger Point lands $10.5m for debit-credit hybrid - FinTech Futures
Point, a San Francisco-based challenger bank, is launching its service later this month following a $10.5 million funding round.
Fintastico Team
6 months, 2 weeks
https://www.finextra.com/blogposting/18950/surv...
Survive and Accelerate: Marketplace lenders’ varied paths to the next growth stage post-Coronavirus
Rising unemployment, small business failures, and impending recession pose an existential threat to ...