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.
Direct Lending Fund Founder Resigns Amid SEC Investigation from Bloomberg – The saga with Direct Lending Investments continues. Bloomberg is reporting today that Brendan Ross has resigned as CEO, there is an SEC investigation and a fund holding looks to have received an inflated valuation.
In AI era, CEOs must put people first from American Banker – In an American Banker op-ed the CEO of Synchrony puts forward a game plan on how to integrate AI into a financial services organization.
Revolut Is Testing the Limits of Finance from Bloomberg – Revolut CEO Nikolay Storonsky defends the fast pace of growth and innovation at his company, Revolut now has over 4 million customers and they grew their customer base three fold in 2018.
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.