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.
Race to become UK digital banking leader hots up from Financial Times – I would argue the UK is the world’s most competitive and well developed market for digital banking. The Financial Times analyzes several metrics of the major players there to give us a good pulse of the market.
A battle royal for online deposits from American Banker – In the US, despite two interest rate cuts, the market for online deposits is white hot with large banks, community banks, credit unions and fintech companies all competing for the consumers’ money.
LendingClub’s new pitch to institutional investors from American Banker – This week Today LendingClub announced their new platform for institutional investors called LCX. It includes dynamic pricing, same-day settlement data of fully-funded loans and broadens the credit spectrum for sophisticated investors.
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.