Top Fintech News Stories for August 2, 2021

Here are the most read news stories from our daily newsletter today:

  • The First All-Fintech Megadeal: Square is Buying Afterpay – LendAcademy
  • Startup service provider Mercury raises $120M Series B – finLedger
  • Fintech Platform LendingPoint Completes Largest-Ever Securitization – CrowdFund Insider
  • Square Agrees to Acquire Afterpay for $29 Billion in All-Stock Deal – The Wall Street Journal
  • Trends Signal an Ominous Future for Credit Cards – The Financial Brand
  • Monzo warns over going concern status as losses mount; FCA investigates AML controls – Finextra
  • Chilean fintech Xepelin secures $230M in debt and equity from Kaszek, high-profile angels – TechCrunch
  • Clearing House urges caution on CBDCs – Banking Dive
  • CRA deal between Fed, FDIC and OCC still not a slam dunk – American Banker
  • Congressman McHenry Crafts Bill to Expand Access to Private Securities by Expanding Definition of an Accredited Investor – CrowdFund Insider

  • 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.