Top Fintech News Stories for January 8, 2021

Here are the top news stories from our daily newsletter today:

  • Banking software start-up Mambu raises $135 million at a $2.1 billion valuation – CNBC
  • SoFi to Go Public via a SPAC That Values the Company at $8.65 Billion – LendIt Fintech News
  • BBVA USA shuts down neobank Simple – American Banker
  • BNPL player Uplift secures $68m credit line – Finextra
  • Fintechs helping immigrants navigate a new financial world – FinLedger
  • More incentives for smaller lenders in next PPP round – American Banker
  • Early-pay providers get more clarity from CFPB (for now) – American Banker
  • The Cambridge Centre for Alternative Finance Launches the Cambridge Alternative Finance Collaboration Network, Seeks to Facilitate Evidence-based Regulation – Crowdfund Insider
  • Pandemic-related income loss has consumers worried about credit, loans – FinLedger