Top Fintech News Stories for June 17, 2021

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

  • JPMorgan Buys Nutmeg to Bolster Digital Banking Push in U.K. – The Wall Street Journal
  • SMB banking startup Novo closes on $40.7M Series A – finLedger
  • Capital One launches early access to direct deposit – Banking Dive
  • Marketplace Lender Prosper Reports that 78% of Originations Rated AA-B in May 2021, with $13K Avg Loan Size – CrowdFund Insider
  • Gen Z Craves Good Tech From Banks+Credit Unions, Not Neobanks – The Financial Brand
  • Startup launches digital-first expense management Mastercard account – American Banker
  • Ransomware group attacks a New Jersey bank — then shuts down – American Banker
  • Recently Publicly Listed SoFi Receives Higher Price Target on Potential to Challenge Old Banks – CrowdFund Insider
  • House Financial Services Committee Adds Working Group Targeting Digital Assets – CrowdFund Insider
  • How banks can limit the financial impact of cyberattacks – American Banker