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Online Lending Monthly News. Here are some of the top stories and trends of August 2022 for online lending investors and industry watchers.

Industry News

8/1/22 Fraudsters out to get digital banking industry: How fintechs can mitigate risk (LendIt)

8/2/22 How to read P2P platform data (p2pfinancenews)

8/3/22 Co-op bank migrates to the cloud (AltFiNews)

8/4/22 Coinbase shares soar in boost from meme traders, BlackRock crypto deal (CNBC)

8/4/22 SoFi’s CEO says there is no ‘better time’ to be a bank (AmerBanker)

8/5/22 Why Crypto’s Market Cap Never Booms, or Busts, as Much as You Think (WSJ)

8/8/22 Crypto finds a bright spot in a stormy summer: Congress (WashingtonPost)

8/9/22 Crypto-backed P2P lender processes 10,000 credit scores in a month (p2pfinancenews)

8/10/22 5 reasons why Ukraine’s fintech sector is growing despite war (TechCrunch)

8/10/22 Banking groups plead with Biden administration for bigger crypto role (AmerBanker) 

8/12/22 60% of over 65’s want to see mainstream adoption of cryptocurrencies (AltFiNews)

8/12/22 P2P platforms welcome “obvious” rules of new Consumer Duty (p2pfinancenews)

8/15/22 The Future Of Investing: Fintech 50 2022 (Forbes)

8/15/22 Digital Wallets Will Dominate Global Ecommerce Payments by 2025 (FintechNexus)

8/16/22 How can fintechs and traditional banks work cooperatively? (CrowdFundInside)

8/17/22 Federal Reserve issues guidance for banks considering crypto activities (Reuters)

8/19/22 The rise of fintech’s rebundling and super apps (FintechNexus)

8/19/22 Rising Interest Rates Put the Squeeze on Fintech Lenders (WSJ)

8/22/22 How will open banking impact P2P lending this year? (p2pfinancenews)

8/22/22 Neobanks lead the charge on 3% savings rates (AltFiNews)

8/23/22 Digital Banks Monzo and Starling Bank are the Topped Ranked Bank (CrowdFundInside)

8/23/22 Mintos lending company reports rising profits (p2pfinancenews)

8/24/22 Citi Ventures invests in LatAm open finance fintech Belvo (AltFiNews)

8/30/22 Meet the 5 most active venture capital firms in crypto (AltFiNews)

8/31/22 Where in the world might fintech be headed? (AltFiNews) 

8/31/22 What Digital Banking Users Value in UX (AmerBanker)

8/5/22 Revolut Bulks Up Crypto Business With Hiring Spree (business)

8/9/22 Zopa boosts interest rates to top of the rankings (AltFiNews) 

8/11/22 QED Investors ventures into Africa, backing Nigerian fintech (AltFiNews)

8/16/22 Revolut receives regulatory nod to create EU crypto hub (FintechNexus)

8/17/22 Funding Circle targets broker community with new introducer service (p2pfinancenews)

8/18/22 P2P lender Assetz Capital agrees £200m funding partnership with Aeon (Fintech_Futures)

8/18/22 Revolut launches financial app ‘Revolut <18’ aimed at children (AltFiNews)

8/25/22 Zopa hits £2bn in savings (AltFiNews) 

8/25/22 Revolut launches under 18 account (FintechNexus) 

8/30/22 Assetz exceeds Seedrs target with 22 days left (p2pfinancenews) 

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