Online Lending Monthly News. Here are some of the top stories and trends of October 2021 for online lending investors and industry watchers.
Industry News
10/4/2021 US fintech Upgrade steps in to buy now, pay later arena (AltFiNews)
10/5/2021 Bank of America launches crypto research (AltfiNews)
10/5/2021 Fintech sector receives record investment in third quarter (p2pfinancenews)
10/6/2021 The data for the digital shift in community banking is in (FinLedgerNews)
10/6/2021 Fintechs have raised more than double so far in 2021 than they did in the whole of 2020 (AltFiNews)
10/7/2021 The Most Powerful Women to Watch in Banking (AmerBanker)
10/8/2021 Digital Bank Monzo Announces Support for Making Commission-Free Investments with Freetrade (CrowdfundInside)
10/11/2021 Monzo partners with Freetrade to offer free shares for subscribers (AltFiNews)
10/11/2021 Bank of America Introduces Virtual Reality Training Program in Almost 4,300 Financial Centers (CrowdfundInside)
10/13/2021 Coinbase is launching its own NFT platform to take on OpenSea (TechCrunch)
10/14/2021 Assetz reports rising requests for commercial mortgage refinancing (p2pfinancenews)
10/14/2021 Bank reports 60 percent more loan approvals by using alternative data (LendIt)
10/15/2021 How A 19-Person Cryptocurrency Startup Surpassed Coinbase In Daily Trading Volume (Forbes)
10/15/2021 Walmart, With Eyes on Amazon, Tries to Build a Fintech Startup (WSJ)
10/15/2021 Coinbase makes pitch for crypto regulatory agency (AmerBanker)
10/18/2021 Fintech angels lineup for $14m Plum Series A as company hints at ‘super app’ ambitions (AltFiNews)
10/18/2021 Bitcoin Inches Towards $60,000 (Forbes)
10/19/2021 States take lead on crypto bank charters and digital asset rules (AmerBanker)
10/19/2021 New York orders crypto lenders to close operations in state (AmerBanker)
10/20/2021 Coinbase stock rises after Facebook taps it for help on new cryptocurrency project (CNBC)
10/20/2021 Fintechs team up to bring crypto to credit unions (AmerBanker)
10/21/2021 Billionaire Bankman-Fried’s Crypto Exchange FTX Lands $25 Billion Valuation And $421 Million In New Funding (Forbes)
10/21/2021 What banks want most from young fintechs (AmerBanker)
10/22/2021 BBVA Group Launches All-Digital Retail Bank in Italy (CrowdfundInside)
10/25/2021 New custom fintech stock market ticker launches (LendIt)
10/25/2021 Nigeria follows China’s footsteps in piloting digital currency (TechCrunch)
10/26/2021 Mastercard to offer pay with crypto partnership with Bakkt (LendIt)
10/26/2021 Funding Options leads call for government-backed green loans for SMEs (p2pfinancenews)
10/27/2021 Why your credit card company wants to give you crypto (Vox)
10/28/2021 Justice Department Probes Visa’s Relationships With Fintech Firms (WSJ)
10/28/2021 Bank switching jumps 56% as digital banks and switching deals tempt Brits (AltFiNews)
10/29/2021 Walmart deploys 200 bitcoin ATMS in its stores (Bitcoinmagazine)
10/29/2021 P2P sector praised for surviving Covid crisis (p2pfinancenews)
Platform News
10/4/2021 Zopa reviewing “strategic direction” of P2P lending platform (p2pfinancenews)
10/22/2021 Revolut makes first acquisition with team from New York start-up Wanted (AltFiNews)
10/27/2021 Monzo reportedly raising £300m funding after scrapping US banking licence plans (AltFiNews)