Top Fintech News Stories for February 23, 2021

Here are the top news stories from our daily newsletter today:

  • South African digital bank TymeBank lands $109M from UK and Philippines investors – TechCrunch
  • Banks waste billions on digital – The Finanser
  • There Are Banks For Black Americans And LGBTQ Consumers: We Need A Bank For Everyone – Forbes
  • LendingClub Launches Founders Savings Accounts – LendIt Fintech News
  • After years of banks overcharging and undervaluing Black customers, ‘banking Black’ is gaining popularity as an effective way to fight systemic racism – Business Insider
  • LoanMe, Liberty Tax Merger to Take on Intuit, Enova – deBanked
  • Smallest businesses get exclusive 2-week PPP window, Biden admin says – Banking Dive
  • Borrowell Raises $25 Million to Fund Acquisition of Refresh Financial – betakit
  • Expand CRA to include nonbanks – American Banker
  • MoneyGram suspends Ripple pact over SEC suit – Finextra

  • 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.