Top Fintech News Stories for July 16, 2021

Here are the most read news stories from our daily newsletter today:

  • Square is building a decentralized finance business using bitcoin – CNBC
  • Indian digital payments giant Paytm files for $2.2 billion IPO – TechCrunch
  • Lending Platform Blend Labs Raises $360 Million in Top-Range IPO – Bloomberg
  • FTC fines lendingClub $18 million for deceiving users over hidden fees – Finextra
  • Investment in fintech booms as upstarts go mainstream – The Economist
  • N26 eyes value of about $10 billion in fresh fundraising – American Banker
  • As Revolut Becomes U.K.’s Most Valuable Fintech, Its Founder Is Now Worth $7 Billion – Forbes
  • Federal Reserve Chair Jerome Powell Talks Up Central Bank Digital Currency: “I am Concerned About Getting this Right” – Crowdfund Insider
  • Bank of America Approves Bitcoin Futures Trading for Some Clients: Sources – Coindesk