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coronavirus

EuropeFintech
·Jul. 31, 2020

Monzo Reports £114M Loss With a Bleak Future Outlook

Leading UK digital bank Monzo released its annual report yesterday and the numbers were not pretty; the company reported that...
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EuropeFintechNews RoundupUSA
·Apr. 21, 2020

Funding Circle and Others Can Prove Themselves Amid Current Pandemic

Funding Circle has struggled in the public markets since their IPO in 2018; now Funding Circle and their peers have...
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FintechUSA
·Jun. 17, 2020

Digital Bank Current Adds 100,000 Users in April and May

When the world went into lockdown the digital banks were one of the beneficiaries of everyone staying at home; Current...
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FintechNews RoundupUSA
·Apr. 20, 2020

Lend Academy Podcast: Jared Hecht of Fundera

Jared Hecht is the CEO and Co-Founder of Fundera, a comparison site for small business loans; like all companies in...
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FintechNews RoundupUSA
·Apr. 28, 2020

Head of R3 Shares Perspective on Banking Amid Pandemic

David Rutter is in charge of R3 and shares his perspective on the current environment; he stated to City A.M,...
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FintechNews RoundupUSA
·Apr. 22, 2020

LendingClub Cutting 460 Staff in Response to Reduced Loan Volume

Yesterday, LendingClub shared that they were laying off 460 people, accounting for 30% of their workforce; the cuts were across...
Read Full Story
FintechNews RoundupUSA
·Apr. 7, 2020

TrueAccord Releases Portal for Borrowers/Banks to Negotiate Debt

TrueAccord offers software which enables banks to negotiate debt payments with distressed borrowers; they are now launching a direct to...
Read Full Story
FintechNews RoundupUSA
·Apr. 3, 2020

The Sorry State of the Paycheck Protection Program

Today was supposed to be the day that the Payroll Protection Program (PPP) rolled out at banks and fintech lenders...
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FintechNews RoundupUSA
·Mar. 17, 2020

How Lenders are Responding to the Coronavirus Crisis

Both banks and online lenders are responding to the recent events with most already communicating with their customers detailing the...
Read Full Story
FintechNews RoundupUSA
·May. 12, 2020

Some Fintechs May Have to Sell to Survive

Forbes shares the current reality which is that some fintechs will have to sell in order to survive; OnDeck is...
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