According to a recently published article from LendIt Fintech, they brought to attention the three trends that have changed in the fintech space due to Covid-19: Digital payments and disbursements are boosting speed and convenience. Mobile methods of bill payment are gaining traction. New payment technology is enhancing customer engagement. To read more in-depth … Read More
Over a year has passed since countries closed their borders and went into lockdown as the pandemic affected everyday lives for many. In this Altfi article, it highlights the achievements in the fintech industry over the past year. To read the article, click here.
Special purpose acquisition companies (SPACs) have started to gain more traction as more fintech companies go public last year and this year. Challenger bank MoneyLion is planning to go public via blank-check merger in $2.9 billion deal. SPACs raises capital through an IPO to acquire an existing private company without going through the typical IPO … Read More
According to a report published by S&P Global, U.S. online originations are anticipated to rebound from 2020 and increase online origination volumes over 20%. “Lenders that have survived the storm will stand on stronger footing in 2021, as economists expect a strong rebound in economic activity this year, bolstered by the rollout of COVID-19 vaccines … Read More