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.
The Small Business Relief Program Is Still Broken by Politico – I have seen many ideas on how the PPP loan program should be improved. But this piece by Aaron Klein in Politico is one of the best. I would just add allowing fintech lenders access to Fed capital directly.
RBS abandons Monzo-challenger Bó by Yahoo News – Not exactly a surprise but Bó, the UK digital consumer bank of RBS launched less than six months ago, is shutting down after failing to get much traction.
Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s first and largest digital media and events company focused on fintech. 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.