News Roundup

This page contains an archive of the weekly fintech news roundups.

Every day the Fintech Nexus news team scours the globe for the most important stories of the day to include in our daily newsletter. Every Monday, Wednesday, and Friday we produce our Europe-focused newsletter and on Tuesday and Friday, we produce our bilingual newsletter focused on the Latin American fintech market.

Then every Saturday we bring you our weekly news roundup of the top 10 fintech stories of the week with commentary from Peter Renton.

To join our newsletter community please subscribe here.

P2P lender TWINO has reached 100 million euros ($107.53 million) in cumulative lending shortly after a new expansion to Russia; firm is the first P2P lender to offer Russian consumer loans; in 2016 platform growth was fueled by demand from all of its Eastern Europe regions specifically with increased interest from its UK investors; in 2017 TWINO expects lending volume of over 200 million euros ($215.05 million).  Source

The Innovative Lending Platform Association (ILPA) has released SMART Box for small business lending disclosure and transparency; Lend Academy provides more details and insight from Kathryn Petralia of Kabbage in their article; the SMART Box is intended to provide standardized pricing, cost of capital and verbiage that borrowers can use for credit analysis and comparison.  Source