We learned more about Walmart’s fintech plans this week, Apple has decided to take on Square for merchant payments, Facebook has given up on Diem, UBS is acquiring Wealthfront and Experian is letting consumers create their own credit report. Here are what I consider to be the top ten fintech news stories of the past week.
LendingClub beats Q4 earnings and delivers profits from LendIt Fintech News – Earnings season has begun for fintech and LendingClub is one of the first to report. Revenue and profits were strong but the company was punished because it gave weaker 2022 guidance than expected.
Every Thursday the LendIt Fintech News team and a special guest discuss the news of the week live on LendIt TV, YouTube, LinkedIn, and Twitter. We have now made the show available in podcast format – just click on the audio player below.
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.