News Roundup

This page contains an archive of the Global Newsletter summaries and the weekly fintech news roundups.


Every day the Fintech Nexus news team scours the globe for the most important stories of the day to include in our daily newsletter.


Then every Saturday we bring you our weekly news roundup of the top 10 fintech stories of the week with commentary from Peter Renton.


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Zopa's Jaidev Janardana spoke at AltFi Europe this week on the firm's plans for building a bank; he provides insight in a blog post; the bank will build on Zopa's successful track record in lending with new savings accounts and credit product but the firm will not offer a current account; the UK has been dominant in challenger bank development and the Zopa bank will provide UK customers with another alternative banking option which is currently in high demand in the region; the above chart highlights the competitive advantages Zopa has in the market.  Source

The Marketplace Lending Association has added eOriginal as its newest member; eOriginal was founded in 1996 and has been actively involved in the integration of electronic documentation throughout the financial services industry; it currently provides solutions for marketplace lenders and its expertise will significantly support the goals of the Marketplace Lending Association.  Source

In an interview with Tearsheet Bradley Leimer, managing director and head of fintech strategy at Explorer Advisor & Capital says companies are underestimating content; most VC’s focus on who can be the next Robinhood or TransferWise when there is plenty of opportunities in the market; companies can use customer data to better educate and better target consumers for a specific financial product; there are a lot of interesting companies in the market who can find their niche to perform and offer consumers more choose. Source.