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Online Lending Monthly News. Here are some of the top stories and trends of March 2020 for online lending investors and industry watchers.


Industry News

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_column_text]3/3/2020 Lenders debate whether Open Finance will boost or curtail lending (AltFi News)

3/3/2020 Tips to Pay off Debt in 2020 for Financial Freedom (Prosper Loans)

3/4/2020 Is Facebook stepping away from Libra? (Crowdfund Insider)

3/5/2020 A recent study says digital banking will claim over 3.6 Billion users by 2024 (Crowdfund Insider)

3/5/2020 Don’t fear big-bank competition. Lean into it. (American Banker)

3/6/2020 What Will Drive Fintech in the 2020s?  (Lend Academy)

3/10/2020 How Has Fintech Allowed Community Banks to Thrive? (MonJa)

3/11/2020 Digital Assets Report shows Total Industry Funding Tops $110 Million. (Crowdfund Insider)

3/11/2020 Credit Sesame Adds to the Ever Growing List of Digital Bank Offerings in the US (Lend Academy) 

3/12/2020 Intuit Eyes Buying Credit Sesame, NerdWallet And Finicity (Pymnts)

3/12/2020 LendInvest unveils second securitisation (p2pfinancenews)

3/13/2020 Global Payments Provider PaySafe Announces Expansion of Strategic Partnership With Mastercard (Crowdfund Insider)

3/13/2020 Opportunity Fund and Accion US Network Join Forces (LendAcademy)

3/16/2020 Tandem Bank launches AI push (AltFi News)

3/17/2020 LendingClub’s Foray Into Banking Could Spur Others To Join (Forbes)

3/18/2020 How Lenders are Responding to the Coronavirus Crisis (LendAcademy)

3/23/2020 Jack Dorsey’s Square to launch a bank in 2021 (AltFi News)

3/23/2020 Funding Circle share price soars amid market panic (AltFi News)

3/24/2020 Most traditional banks will be charging customers 39 per cent EAR on their overdrafts but, what are digital banks doing? (AltFi News)

3/24/2020 Who’s Better: Digital Banks Or Traditional Banks? (Forbes)

3/24/2020 Small Business Relief in the CARES Act (National Law Review)

3/25/2020 American Express Launches Matching Donations Program to Raise Up to $1 Million For Communities Impacted By the Coronavirus Pandemic (Crowdfund Insider)

3/26/2020 Seedrs Announces Initiatives to Help COVID-19 Impacted Companies & Investors (Crowdfund Insider)

3/27/2020 Digital banking alternative Lanistar launches in the UK with hiring push (Altfi News)

3/27/2020 $2.2 Trillion CARES Act Provides A Lifeline To Small Businesses (Forbes)

3/27/2020 A List Of Fintech Firms Providing Free Technology During The Coronavirus Crisis (Forbes)

3/29/20 The CARES Act Has Passed: Here Are The Highlights (Forbes)

3/30/2020 The Anatomy of the $2 Trillion COVID-19 Stimulus Bill (Visual Capitalist)

3/30/2020  Fintechs Authorized to Make Small Business Loans as Part of Government Stimulus (LendAcademy)

04/03/2020  The Sorry State of the PPP and the Future of American Small Business (LendAcademy)


Platform News

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]3/9/2020 Assetz Capital reaches milestone £1bn lent on platform (Altfi News)

3/12/2020 Funding Circle sees lending growth and higher losses in 2019 (AltFi News)

3/16/2020 Revolut CFO quits after less than six months at the digital bank (AltFi News)

3/25/2020 Revolut launches its neobank in the US (Tech Crunch) 

3/30/2020 New Action Plans from the Leading Consumer Lenders (Lend Academy) [/vc_column_text][/vc_column][/vc_row]

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