Top Fintech News Stories for August 2, 2021

Here are the most read news stories from our daily newsletter today:

  • The First All-Fintech Megadeal: Square is Buying Afterpay – LendAcademy
  • Startup service provider Mercury raises $120M Series B – finLedger
  • Fintech Platform LendingPoint Completes Largest-Ever Securitization – CrowdFund Insider
  • Square Agrees to Acquire Afterpay for $29 Billion in All-Stock Deal – The Wall Street Journal
  • Trends Signal an Ominous Future for Credit Cards – The Financial Brand
  • Monzo warns over going concern status as losses mount; FCA investigates AML controls – Finextra
  • Chilean fintech Xepelin secures $230M in debt and equity from Kaszek, high-profile angels – TechCrunch
  • Clearing House urges caution on CBDCs – Banking Dive
  • CRA deal between Fed, FDIC and OCC still not a slam dunk – American Banker
  • Congressman McHenry Crafts Bill to Expand Access to Private Securities by Expanding Definition of an Accredited Investor – CrowdFund Insider
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