This week, the President’s Executive Order dominated the news on digital assets. The crypto industry breathed a collective sigh of relief as it was mainly positive news. We also had more news from Russia, Better.com laying off half their staff, Marqeta announcing 2021 earnings, and more. Here are what I consider to be the top ten fintech news stories of the past week.
Exclusive: Marlette Announces a $225 Million Series E from LendIt Fintech News – Another significant funding round announced this week was Marlette’s $225 million Series E. One of the market leaders in personal loans has recently launched a credit card and free financial health tools.
Nilson Report: Upgrade Card is Recognized as Fastest-Growing US Credit Card from Crowdfund Insider – The Nilson Report just released their latest publication on the largest card issuers, and Upgrade is ranked #27 on the list of cards with the largest outstanding balances. It was also the fastest-growing card in the country.
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 – 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.