Posted on May 6, 2021 | by news-summaadvisory

Top Fintech News Stories for May 4, 2021

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

Fintech Wealthsimple raises about $610 million in funding round – finLedger
Robinhood Slams Buffett And Munger For ‘Insulting A New Generation’ Of Investors – Forbes
Why Stock Trading Apps Are Here to Stay – LendAcademy
What Supreme Court’s FTC ruling means for LendingClub – American Banker
Powell Says Low-Income Lending Rules Should Apply to All Firms Offering Consumer Credit – The Wall Street Journal
Fidelity Halves Its Ant Group Valuation After Beijing’s Clampdown – The Wall Street Journal
Fed official tapped as interim OCC chief: Report – American Banker
China’s Fintech Crackdown Continues as Authorities Call ByteDance, Tencent, Baidu, JD.com, Others into Meetings – CrowdFund Insider
Stocks are flatlining while Ethereum and Dogecoin blast through new all-time highs – Fortune
Trustly postpones $9bn flotation after regulator flags concerns – The Financial Times

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