Top fintech stories this week – 14 June 2019 – FinTech Futures
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place! The FCA is back at doing what it
Category : lending
Brex raises $100m to reach $2.6bn valuation – FinTech Futures
Y Combinator graduate Brex, provider of a corporate credit card for start-ups, has announced another $100 million in funding through a Series C extension round
General Motors Leads $23M Funding Round for Spring Labs Blockchain Firm
United States-based blockchain startup Spring Labs has raised $23 million in a Seed A funding round, according to a press release on June 12. Spring
In-store credit firm Sunbit attracts $26m funding – FinTech Futures
In-store financing fintech Sunbit will target a range of new retail markets following a $26 million Series B equity funding round, reports Jane Connolly. The
Softbank confirm a $200m investment in Creditas – FinTech Futures
The Japanese tech giant, Softbank, has confirmed it plans to invest $200 million in the Brazilian fintech start-up, Creditas, setting the company’s valuation at $700
Transforming the loan experience – FinTech Futures
GoCardless: transforming the loan experience Simple and flexible digital platforms could be the key to improved customer repayment rates. Recent survey data shows us that
FCA tackles overdraft rules on new consultation paper – FinTech Futures
The Financial Conduct Authority (FCA), the UK’s financial regulator, has released a consultation paper proposal on overdrafts as part of its review of high-cost credit.
FCA introduces new rules for P2P platforms – FinTech Futures
The Financial Conduct Authority (FCA) is introducing rules designed to prevent harm to investors, without stifling innovation in the peer-to-peer (P2P) sector, following a consultation
SoFi confirms $500m investment led by Qatar – FinTech Futures
In a round led by Qatar Investment Authority (QIA), personal finance solution provider SoFi has raised more than $500 million in equity funding, writes David Penn
Cred Bitcoin Lending Platform to Migrate its LBA Token to Binance Chain
Binance, a leading Malta-based global cryptocurrency exchange has joined forces with Cred, a decentralized lending platform that claims to facilitate open access to credit anywhere
Bloomberg interview, Shipping, Lending, Profits, Trade, Pending home sales – Investment Watch
by WARREN MOSLER Interest-Rate Policy Is Backward, Modern Monetary Theory Pioneer Mosler Says Under consumption identity: for ever agent that spent less than his income,
How to drive business impact with payments – FinTech Futures
Give payments the attention they deserve and you can gain a competitive advantage; ignore them and they become a bottleneck that limits growth. Authored by
Binance to Offer Crypto Lending and Borrowing Through Cred Partnership
The Binance exchange is to offer cryptocurrency lending and borrowing through a new partnership with Cred. As part of the arrangement, California-based Cred will migrate
NACFB Commercial Finance Expo 2019
NACFB Commercial Finance Expo 2019 Date: 19 June, 2019 Venue: Birmingham The NACFB Commercial Finance Expo, the UK’s biggest commercial lending trade show, returns for the
5 takeaways on industry’s health, from FDIC’s 1Q report
Wider net interest margins compared to a year earlier helped make up for a slight decline in loan balances, as nearly two-thirds of banks reported