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Online lending monthly news. Here are some of the top stories and trends of May 2019 for online lending investors and industry watchers.
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Industry News
[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_column_text]5/1/2019 Moving Beyond Financial Literacy to Financial Empowerment. (LendAcademy)
5/3/2019 4 Myths Preventing More Fintech+Banking Partnerships. (FinancialBrand)
5/3/2019 “The largest bank in the United States has partnered with the largest software provider to bring enterprise #blockchain to the masses.” (Forbes)
5/6/2019 It’s up to bankers whether tech will make them productive or obsolete. (AmerBanker)
5/6/2019 How are AI and data changing global banking and credit? (Forbes)
5/7/2019 Investors are getting more comfortable with the P2P ISA. (AltFi)
5/7/2019 Forbes Blockchain 50. (Forbes)
5/8/2019 Goldman Sachs’ digital savings account Marcus just reached a UK milestone. (AltFi)
5/9/2019 How much does P2P drive engagement for banks? (AmerBanker)
5/10/2019 4 Challenges of Manual Consumer Lending and How Automation Solves Them. (MonJa)
5/13/2019 Are Starbucks, Nordstrom And Whole Foods Now Accepting Bitcoin? (Forbes)
5/13/2019 Is eBay Going Crypto? (CrowdfundInside)
5/14/2019 Mastercard Launches New Digital Platform to Integrate Fintech Solutions & Mastercard Capabilities. (CrowdfundInside)
5/14/2019 Bitcoin has surged above $8,000 and theories around why abound. (TechCrunch)
5/16/2019 5 questions about the future of blockchain. (AmerBanker)
5/17/2019 Big Brands Breaking New Ground in Financial Services. (LendAcademy)
5/20/2019 7 Myths About Commercial Banking And Digital Transformation. (MonJa)
5/22/2019 Otting Details Recent Changes at the OCC. (AmerBanker)
5/22/2019 Fintech Tips: How to invest using apps (AltFi)
5/23/2019 TransferWise becomes Europe’s most valuable fintech, with $3.5bn valuation. (AltFi)
5/23/2019 Small-business fintech launches lending platform for banks. (AmerBanker)
5/24/2019 “A new survey suggests that digital banks are not getting much traction yet but there is more to the story…” (LendAcademy)
5/24/2019 Facebook forms Swiss fintech firm with payments focus. (Reuters)
5/29/2019 Once dismissive of fintechs, traditional lenders now feeling their bite. (AmerBanker)
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Platform News
[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]5/1/2019 Chancellor Philip Hammond unveils FinTech Alliance “digital marketplace” chaired by Alastair Lukies. (AltFi)
5/8/2019 LendingClub, GreenSky and OnDeck Q1 2019 Earnings Results. (LendAcademy)
5/9/2019 Growth Street hits record £80m lending record despite Brexit concerns. (AltFi)
5/10/2019 Monzo reveals new energy supplier switching feature. (AltFi)
5/15/2019 New LendingClub Account Performance – Q1 2019. (LendAcademy)
5/15/2019 Assetz Capital launches fundraising, eyes IPO. (AltFi)
5/17/2019 Assetz Capital launches Luxembourg-based private fund. (AltFi)
5/20/2019 Monzo hits 2m customers, adding 1m in eight months. (AltFi)
5/27/2019 Growth Street Surpasses 2,500 Investors & Launches IFISA. (CrowdFundInside)
5/29/2019 Lending Club shares Q1 2019 Quarterly Platform Update (LendingClub)
5/30/2019 SoFi Closes on $500 Million Round Led by Qatar. Valuation Pegged at $4.3 Billion. (CrowdFundInside)[/vc_column_text][/vc_column][/vc_row]