Fintech Nexus Newsletter (June 5, 2024): Nium raises $50 million at a lower valuation

Nium, a real-time payments infrastructure company, has closed its $50 million Series E at a $1.4 billion valuation. That is 30% below the valuation from its last funding round in 2022. Speaking with CNBC at Money2020 Europe,...

What Increases Your Total Loan Balance?

Although many of us would rather avoid accumulating debt, there are times when taking out a loan becomes necessary.   For instance, you may need to borrow money to handle a significant medical expense or manage...

International P2P Lending Volumes August 2024

The table lists the loan originations of p2p lending marketplaces for last month. Mintos* leads ahead of Peerberry* and Esketit*. The total volume for the reported companies in the table adds up to 285...

Fintech with benefits: solving healthcare payments

For some time, fintech has expanded beyond financial services to transform other industries. I have always believed that magic truly happens when we apply fintech tools and frameworks to solve real-world problems. If there...

Argentine banks in a row with Mercado Libre over fintech business

A consortium of Argentine banks has formally accused Mercado Libre, often dubbed the Amazon of Latin America, of abusing its dominant market position in the fintech sector. This marks a significant escalation in a...

Fintech Nexus Newsletter (June 6, 2024): Robinhood acquires Bitstamp in a $200m deal

Robinhood is still bullish on crypto despite the SEC warning the company it plans to sue over this part of its business. We learned yesterday that Robinhood will acquire crypto exchange Bitstamp for $200 million, making this...

Jane Larimer, President & CEO of Nacha, on operating the largest payments network

Enjoying our podcasts? Don’t miss out on future episodes! Please hit that subscribe button on Apple, Spotify, YouTube, or your favorite podcast platform to stay updated with our latest content. Thank you for your support! The largest payments network...

From CoDi to DiMo: Mexico’s second shot at growing digital payments

First came CoDi, or “Cobro Digital” (Digital Collection). But it didn’t take off. The system, launched by the Bank of Mexico to accelerate instant payments in the country, was pioneering even before Pix came...

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