Top Fintech News Stories for May 21, 2021

Last updated:

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

  • The Fed this summer will take another step in developing a digital currency – CNBC
  • Mike Cagney’s Blockchain Firm Figure Technologies Acquires $200M via Series D at $3.2B Valuation – CrowdFund Insider
  • Plaid And Square Partner On Easier ACH Payments For SMBs – PYMNTS.com
  • Sunbit secures unicorn status with a $130M Series D round and $1.1B valuation – Finextra
  • The case for cannibalising the bank – The Finanser
  • Hearth, a loan app for home repair contractors, announces $23M Series B – finLedger
  • Biden ordering climate risk strategy for financial assets – American Banker
  • After Growing 88x In A Year, Where Does DeFi Go From Here? – Forbes
  • As Paycheck Protection Program Runs Dry, Desperation Grows – The New York Times
  • Truist, Varo join effort to bolster Americans’ emergency savings – American Banker