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


Industry News

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_column_text]9/1/2020 Ocrolus Maps the Fintech Lending Ecosystem (LendAcademy)

9/1/2020 CO-OP, Zelle partnership could bring P2P payments to small credit unions (American Banker) 

9/2/2020 Auxmoney bucks trend for alternative lenders with mega €150m fundraise (Altfi News) 

9/3/2020 How is fintech being used in 2020? (Bankrate)

9/3/2020 Visa strikes deal with payments fintech VIPPs as contactless booms through coronavirus (Altfi News)

9/9/2020 Mastercard Unveils Central Bank Digital Currencies Testing Platform (Crowdfund Insider)

9/10/2020 Back our Industry: P2P has proven its worth (p2p Finance News) 

9/11/2020 Credit Suisse set to challenge the challengers with its own digital bank (Altfi News)

9/14/2020 COVID-19 has only reinforced the strength of the fintech sector (FinLedgerNews) 

9/15/2020 Should the UK’s Loan Guarantee Scheme, a Lifeline to Fintech, Be Extended? (Lend Academy)

9/15/2020 Klarna Secures $650 Million Through Latest Equity Funding Round (Crowdfund Insider)

9/16/2020 The cryptocurrency moment (Tech Crunch)

9/17/2020 The Highest-Funded Fintech Startups in the World (Statistica Charts)

9/18/2020 Open Banking initiative aims to make charity donations easier (AltFi News) 

9/21/2020 Egypt’s Financial Regulatory Authority Approves Draft of Laws to Regulate Fintech in Non-Banking Financial Sector (Crowdfund Insider) 

9/22/2020 Italian digital bank Illimity buys 50% stake in Banca Sella-owned open banking platform HYP (Altfi News)

9/23/2020 LendIt Fintech Industry Awards 2020 Finalists Announced (Lend Academy)

9/24/2020 What Banks Can Learn From How Fintech Firms Handled The Paycheck Protection Program (Forbes)

9/25/2020 Digital Commodity Exchange Act: US House of Representatives Crafts Legislation to Provide “Clarity for Fintech Innovators” (Crowdfund Insider)

9/28/2020 What investors are looking for in the next fintech (Altfi News)

9/29/2020 5 Fintech Trends Likely To Stick Around After The Pandemic (Forbes)

9/30/2020 P2P lenders give the future fund a positive review (p2p Finance News)

9/30/2020 October closes $300 million in new funds for its SME lending marketplace (Tech Crunch)


Platform News

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]9/4/2020 Revolut Expands Crypto Buying and Selling Service to Australia (CoinDesk)

9/8/2020 Former Monzo employee scoops £750,000 in seed funding (Altfi News) 

9/14/2020 SoFi Uploads $19 Billion of Loan Data to dv01 (Crowdfund Insider)

9/17/2020 Monzo amasses 50,000 business customers in just six months (Altfi News)

9/18/2020 Affirm Raises $500M, Adds Bi-Weekly Plan (Pymnts)

9/21/2020 Assetz Capital resumes retail lending (p2p Finance News)

9/23/2020 LendingClub Reports that Personal Loan Repayment Rates are High (Crowdfund Insider)

9/24/2020 Funding Circle’s losses swell during pandemic but eyes 2020 break even (Altfi News)

9/29/2020 Funding Circle CEO buys £100,000 of shares (Altfi News) [/vc_column_text][/vc_column][/vc_row]

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