During the week I share the latest marketplace lending and fintech news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here.
Banks in no rush to join Facebook’s crypto project from Financial Times – It is interesting but not surprising that not one large bank has come out publicly supporting Facebook’s Libra project. In both the US and Europe banks have either been keeping quiet or are negative on the idea.
Amazon’s Impending Invasion Of Banking from Forbes – A new report out last week from the Bank for International Settlements includes commentary on big tech in finance. Ron Shevlin provides his perspective on the how and when this will likely play out, focusing specifically on Amazon.
European challenger bank N26 launches in the U.S. from VentureBeat – Well it has finally happened. German fintech leader N26 has launched in beta in the US after first announcing their move here in 2017. They are the first of the European digital banks to launch here and will partner with Axos Bank.
Peter Renton is the chairman and co-founder of LendIt Fintech, 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.