The biggest news of this week actually broke on Sunday afternoon when we learned that Square was buying Afterpay. This is the biggest M&A deal in the history of fintech and was covered extensively in the mainstream press. Not to be outdone Affirm announced an important deal of its own. The big infrastructure bill working its way through Capitol Hill could have major implications for crypto and Mike Cagney’s Figure has merged with a traditional lender. Here are what I consider to be the top 10 most important fintech news stories of the past week.
Figure merges with mortgage lender Homebridge from FinLedger – Figure continues to move fast, announcing this week they are merging with 28th largest mortgage lender in the country, a company that originated $26.4 billion in mortgages in 202o.
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.