LendIt is returning to London again for the sixth annual LendIt Fintech Europe event. It will be held on 26 – 27 September at the same location as last year, the Business Design Centre. We are expecting well over 1,000 people at the event this year. Planning has been underway now for several months and we close […]
Today’s News
- UK Fintech Sector Sees Record Investment in the First Half of 2019Innovate Finance, the UK fintech sector trade group, is reporting today that venture capital investment into UK fintech companies reached a record level in the first half of this year; a total of $2.9 billion was invested across 123 deals which is already 85% of the total for all of last year; the number of […]
- The Cost of Goldman Sachs’ Entrance into Consumer BankingToday the bank gave insight into what went into their investments in consumer banking; their first offering and deposit account Marcus was launched in 2016 and now they are gearing up for their credit card launch with Apple; in total, their consumer business has resulted in pretax losses of $1.3 billion; the bank has originated […]
- Varo Applies for Bank CharterToday in the US many of the digital banks have partnered with banks that have bank charters in order to offer checking and savings accounts; today we learned that Varo has submitted an application with the FDIC which moves it closer to receiving a national bank charter from the OCC; they were given preliminary approval […]
LATEST PODCASTS
Podcast 206: Rishi Khosla of OakNorth
The fintech space has done a decent job of helping small businesses get more access to capital. Obviously, there is more work to do there but the situation is much better than what it was a decade ago. But for growth companies looking to borrow more than $500,000 good fintech-based options are still lacking. My […]
Podcast 205: Alex Lintner of Experian
The large credit bureaus do an excellent job of aggregating data and providing credit scores for the majority of the population. But there are still tens of millions of people who remain unscored and one credit bureau is doing their best to try to change that. My next guest on the Lend Academy Podcast is […]
Podcast 204: Husayn Kassai of Onfido
The current system of identity verification is broken. With so many data breaches happening today most of our personal information is readily available on the dark web. We can no longer truly rely on any personal information as a way to verify identity. A completely new system is needed. Our next guest on the Lend […]