Here are what I consider to be the top 10 most important fintech news stories of the past week. Again, IPO news leads the top stories of the week.
Affirm Postpones Its Initial Public Offering from The Wall Street Journal – Affirm announced last weekend that they would be delaying their IPO until January at the earliest amid concerns about the first day price jumps of other tech companies.
Robinhood Financial to Pay $65 Million to Settle SEC Probe from The Wall Street Journal – Robinhood’s regulatory challenges keeps making news and this week we learned they settled with the SEC for $65 million on claims that they didn’t sufficiently disclose their business deals with high-speed trading firms.
Spring Labs Slashes Consumer Loan Fraud Using Novel Data Network from Fintech Finance – I love what Spring Labs is doing and as they start to ramp up they are making a real difference in fraud prevention.
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.