Online Lending Monthly News. Here are some of the top stories and trends of July 2021 for online lending investors and industry watchers.
Industry News
7/1/2021 SoftBank Invests $200 Million In Brazil’s Largest Crypto Exchange (Forbes)
7/2/2021 American Express partners with fintech firms to help customers find mortgages (CNBC)
7/2/2021 Four Trends In Fintech And How They’re Modernizing The Consumer Experience (Forbes)
7/6/2021 Report: Alternative finance volumes grew 24% in 2020 (AltFiNews)
7/7/2021 The majority of crypto investors plan to increase their exposure (p2pfinancenews)
7/8/2021 Cryptocurrency company Circle to go public in SPAC deal (TechCrunch)
7/8/2021 LoanPro Secures $100 Million Series A Investment from FTV Capital (YahooFinance)
7/12/2021 Over half the world’s population will use mobile wallets by 2025, says Boku study (FinExtra)
7/13/2021 Sunlight Financial Completes Their SPAC Merger and Starts Trading on the NYSE (PeterRenton)
7/14/2021 More fintech funding raised in the first half of 2021 than the whole of 2020 (AltFiNews)
7/15/2021 The ECB starts work on creating a digital version of the euro (CNBC)
7/16/2021 UK iSees Record $5.7 Billion in Venture Funding in 2021 (CrowdfundInsider)
7/19/2021 Square is building a decentralized finance business using bitcoin (CNBC)
7/20/2021 Fidelity signs up to ‘fintech pledge’ (AltFiNews)
7/21/2021 Upgrade Adds Bitcoin Rewards Card (CrowdfundInsider)
7/22/2021 What will it take for open banking to take hold in the US? (AmericanBanker)
7/26/2021 Amazon Bitcoin Rumors Send The Cryptocurrency Surging Towards $40,000 (Forbes)
7/26/2021 “Fintech companies raised a record $30.8bn (£22.4bn) in the second quarter of this year, across 657 deals, a new report has found.” (p2pfinancenews)
7/27/2021 What Gen Zers want in their banking apps (AmericanBanker)
7/27/2021 Funding Options names new chief financial officer (p2pfinancenews)
7/28/2021 Five P2P lending books to read on your summer holiday (p2pfinancenews)
7/28/2021 Credit Suisse-backed SME lending Fintech Tradeplus24 has finalized an “oversubscribed” $25 million pre-series B equity raise (CrowdfundInsider)
7/29/2021 Battle lines over cryptocurrencies being drawn in Congress (AmericanBanker)
7/29/2021 Revolut Explains how to Easily Send Crypto, Earn Competitive Interest with Savings Accounts (CrowdfundInsider)
Platform News
7/9/2021 Assetz chief urges housebuilders to ‘pick up pace’ with help of P2P lenders (p2pfinancenews)
7/12/2021 Starling, Snoop and Zopa among the big British Bank Awards 2021 winners (AltFiNews)
7/16/2021 Assetz adds two directors to bridging team (p2pfinancenews)
7/22/2021 Digital bank, Starling reports 600% jump in 2021 revenues and 8 months of profitability (CrowdfundInsider)
7/30/2021 LendingClub Reports Strong Results, Boosts Guidance, Shares Rise Dramatically (CrowdfundInsider)
7/30/2021 Beyond the rumors: Amazon’s likely direction in crypto (AmericanBanker)