Top Fintech News Stories for July 8, 2021

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

  • Backlash over Chime account closings highlights risks in fraud detection – Payments Source
  • European challenger bank Bunq raises $228 million at $1.9 billion valuation – TechCrunch
  • PitchIt Podcast #11: Char Saintilus of Stubenefits – LendAcademy
  • Buy now/pay later has many consumers worried – Payments Source
  • Payment Solution Provider Splitit Says BNPL Services Now Available at Retailers Worldwide – CrowdFund Insider
  • BIS Says Volatile Cryptos like Bitcoin Failed as Payment Method, but Stablecoins, CBDCs May be Effective for Transactions – CrowdFund Insider
  • Binance.US hires ex-leader of California’s ‘mini-CFPB’ – Banking Dive
  • China’s central bank is ‘quite worried’ about global risks from some digital currencies – CNBC
  • Goldman Sachs joins $170m funding round for French fintech Younited – Finextra
  • Synctera is creating a marketplace model for its banking as a service platform – Tearsheet

  • 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.