Here are what I consider to be the top 10 most important fintech news stories of the past week.
Affirm raises $500M, unveils new product for smaller purchases from FinLedger – If you needed any more evidence that the Buy Now Pay Later segment is hot here it is. Affirm has just closed a $500 million Series G funding round, no word on valuation. And it also launched a new product to go head to head with Afterpay.
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.