Short Takes: Schwab free planning, Railsbank buys Wirecard UK, BlockFi raises $50MM for crypto roboadvisor

Hi Fintech Architects --

Welcome back to the subscribers-only letter! Here are the top updates hitting our radar:

  1. Schwab Introduces Free Digital Financial Planning for Clients Seeking to Manage Their Retirement Goals (link here)

  2. Lendio’s New Report Reveals How Network of Lenders Converged to Secure $8 Billion in PPP Loan Approvals (Infographic) (link here)

  3. Fintech Giant Ant Group’s Profits Increased 560% Year-Over-Year to an Estimated $1.3 Billion, Dual IPO Listings Forthcoming (link here)

  4. Wirecard UK to be bought by Railsbank after downfall of parent company (link here)

  5. Regulators double daily trading band on Shenzhen’s US$1.3 trillion ChiNext board in latest move to support China’s tech companies (link here)

  6. BlockFi Raises $50 Million Series C (link here)

  7. Total Value Locked in DeFi May Be Overestimated by $2.83 Billion (link here)

  8. Aave becomes second DeFi protocol to hit $1 billion in total value locked (link here) and Curve becomes third DeFi protocol to hit $1 billion in total value locked…

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