Here are what I consider to be the top 10 most important fintech news stories of the past week.
Enova Acquires OnDeck for $90 Million from Lend Academy – Enova, best known for short term consumer loans, is acquiring OnDeck, one the leading online small business lenders, in a $90 million cash and stock deal.
The New Stimulus Is The Right Time For Streaming Wages from Forbes – As Congress is debating another stimulus package to help support consumers and small businesses, now is the perfect time for them to support real-time wage access since mailed payments can take months to reach people.
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.