During the week I share the latest marketplace lending and fintech news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here.
LendIt Fintech Europe: London is Open for Business from Crowdfund Insider – Highlights from last month’s LendIt Fintech Europe event from JD Alois of Crowdfund Insider.
Experts Predict the Five Big Fintech Trends of 2019 from Bloomberg – Interesting to see what some of the biggest names in fintech venture capital are predicting for 2019.
Peer-to-peer lender Zopa to seek more funding in 2019 as it opens its own bank from CNBC – Despite closing a £60m funding round last month the CEO of Zopa has said that his company will be raising more money in early 2019 as they build up the balance sheet ahead of their bank launch.
Facing consumers’ fears: How fintechs target money anxiety from American Banker – Managing money is hard and it freaks a lot of people out. It doesn’t have to be that way. There are fintech companies dedicating themselves to making this easier in a practical way.
PeerIQ’s Consumer Credit Digest! FDIC Embraces FinTech from PeerIQ – This week’s PeerIQ newsletter digs into the the head of the FDIC, Jelena McWilliams, recent op-ed in American Banker on her moves to encourage new banks and fintech innovation.
Digital banking platform Good Money gets $30M in funds from L.A. Biz – They call themselves “a digital banking platform with a conscience” and they have just raised a $30m Series A. Good Money is creating a new kind of bank.
Fintech startup Plaid raises $250M at a $2.65B valuation from TechCrunch – News this morning out on the latest fintech unicorn. Plaid has raised a whopping $250m in a Series C at a valuation of $2.65b.
Students pay price in banks’ marketing pacts with colleges: CFPB from American Banker – This is why consumers need fintech platforms. Banks have signed marketing agreements with colleges that allows them to charge higher fees to students. [Read more…]