In this holiday-shortened week we had some of the biggest names in fintech in the news and some not in a good way. Across the pond Wise (I keep calling them TransferWise) had a successful IPO sans the investment banks and back here Stripe is dipping its toe in the IPO waters. Wells Fargo is closing all personal lines of credit and Blend have is going the traditional IPO route. Here are what I consider to be the top 10 most important fintech news stories of the past week.
Robinhood: The $30 Billion Cockroach Of Fintech from Forbes – In his weekly column Ron Shevlin delves into Robinhood explaining, despite the fines and the complex business model, Robinhood remains popular. But what could cause its ultimate downfall?
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.