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


Industry News

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_column_text]6/1/2020 Mark Cuban, banker Jill Castilla create site to streamline PPP (American Banker)

6/2/2020 New P2P lending credit card aims to shake up the industry (AltFi News)

6/3/2020 Vervent and Finitive Working Together to Promote Fintech Best Practices (Lend Academy) 

6/5/2020 Crypto Wallet BRD Sees Record Downloads Amid Pandemic (Forbes)

6/5/2020 Apple Card debuts a $50 sign-up bonus in partnership with Walgreens (TechCrunch)

6/8/2020 US Bank Regulator OCC Asks for Public Input on Cryptocurrency Use in Financial Sector (Coin Desk)

6/8/2020 Six Million or 12% of UK Consumers have Switched to Virtual Banking Services Following COVID-19 Outbreak (Crowdfund Insider)

6/9/2020 Square: Why Its Stock Is Soaring And How It’s Threatening Banks (Forbes)

6/9/2020 Open Banking just got its own App Store (AltFi News)

6/10/2020 Forbes list of the World’s best banks (Forbes)

6/10/2020 Digital Dollars: Space Race Or Cold War? (Forbes)

6/11/2020 Klarna joins forces with Raisin to launch savings accounts in Germany (AltFi News) 

6/11/2020 How are fintechs helping small businesses? (NYTimes)

6/12/2020 Fidelity says “As many as 36% of large investors own crypto assets, and bitcoin is the most popular”. (Business Insider) 

6/15/2020 A new survey is launching to analyze the impact of fintech on Covid-19. (Lend Academy) 

6/15/2020 Metro Bank looks to acquire peer-to-peer lender RateSetter amid coronavirus crisis (AltFi News)

6/17/2020 The top fintech companies and startups in 2020 (Business Insider)

6/17/2020 7 Benefits of Digitalization to a Bank’s Existing Client Base (MonJa)

6/18/2020 European fintechs come together to launch new cross-border organisation (AltFi News)

6/18/2020 Credit-focused fintech startup Upgrade raises $40M after reaching $100M run rate (Tech Crunch)

6/19/2020 8 Low-Risk Loan Portfolio Strategies For Banks In The Coronavirus Environment (MonJa)

6/22/2020 How has COVID-19 impacted the small business lending industry? (MonJa)

6/22/2020 The COVID-19 crisis has brought more users to Square, Venmo and PayPal. (Market Watch)

6/23/2020 Mastercard Acquires Finicity, an Open Banking and Data Fintech (Crowdfund Inside)

6/24/2020 Digital banking is moving at lightning speed (American Banker)

6/25/2020 NatWest launches new open banking payments service (AltFi News)

6/26/2020 EFA President Marc Roberts on the newly-formed fintech association’s aims and objectives (AltFi News)

6/30/2020 Fintech still on the rise worldwide (Forbes)


Platform News

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]6/3/2020 Revolut launches new ‘super app’ as it hits 12m customers (Altfi News) 

6/4/2020 Assetz Capital CEO reveals £1m crowdfunding target and Future Fund hopes (Altfi News)

6/16/2020 Monzo closes £60m funding round at a 40% discount (AltFi News)

6/23/2020 Which peer-to-peer platforms have re-opened? (AltFi News) 

6/24/2020 Zopa Becomes a Bank (Crowdfund Insider)

6/25/2020 Mastercard To Buy Financial Data Provider Finicity (Pymnts)

6/29/2020 Curve gets back online after Wirecard outage (AltFi News)

6/29/2020 LendingClub shares Investor Update (Lending Club)

6/30/2020 Revolut casts trading net wider and introduces Silver for all EU customers (AltFi News) 

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