Top Fintech News Stories for May 4, 2021

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

  • Fintech Wealthsimple raises about $610 million in funding round – finLedger
  • Robinhood Slams Buffett And Munger For ‘Insulting A New Generation’ Of Investors – Forbes
  • Why Stock Trading Apps Are Here to Stay – LendAcademy
  • What Supreme Court’s FTC ruling means for LendingClub – American Banker
  • Powell Says Low-Income Lending Rules Should Apply to All Firms Offering Consumer Credit – The Wall Street Journal
  • Fidelity Halves Its Ant Group Valuation After Beijing’s Clampdown – The Wall Street Journal
  • Fed official tapped as interim OCC chief: Report – American Banker
  • China’s Fintech Crackdown Continues as Authorities Call ByteDance, Tencent, Baidu,, Others into Meetings – CrowdFund Insider
  • Stocks are flatlining while Ethereum and Dogecoin blast through new all-time highs – Fortune
  • Trustly postpones $9bn flotation after regulator flags concerns – The Financial Times

Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech.

LendIt Fintech conducts three conferences a year for the leading fintech markets of the USA, Europe, and Latin America. LendIt also provides cutting-edge content all year long via audio, video, and written channels.

Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.

Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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