Fintech Focus For October 13, 2020

Quote Of The Day: We in the World Health Organization do not advocate lockdowns as the primary means of control of this virus. - David Nabarro

Fintech Movers: Hackers have stolen $22 million from users of the popular bitcoin wallet Electrum by enticing people to install fake software updates. - The Block

• Revolut eyes a California bank charter.
• OptionsSwing intros a mentorship chat.
• State Street, SimCorp form partnership.
• HedgeTrade added Nervos to platform.
• September VC funding stats for fintech.
• Bitfinex to launch EOS, Litecoin swaps.
• Telegram added Ecommpay payments.
• MackeyRMS launched ESG Scorecards.
• Deutsche introduced new warning tech.
• Advisor Group launches MyCMO fixes.
• Longevity intros health-focused fintech.
• N26 looks to launch new funding round.
• LendingClub exits the P2P loan space.
• Ninjacart landed funding from Walmart.

Benzinga Global Fintech Awards Spotlight: 

Every year Benzinga, a leading news and data platform, holds the Global Fintech Awards, a day of dealmaking, networking, and recognition in the fintech space.

Ahead of the November 10, 2020 event, this newsletter highlights disruptive innovators working to create positive and diverse change in financial services.

Today's disruptive innovator is OptionsSwing, a trading mentorship service.

For a chance to make your mark on the future of innovation and be featured in this newsletter, check out our Global Fintech Awards! To meet the biggest names in fintech and discover emerging trends, get tickets here.

Watch For This: Small businesses see risks in the months ahead, and if conditions do deteriorate, it is unclear if these businesses will be able to easily access credit. - Goldman Sachs

• What Turkey’s S400 missile tests mean.
• Protesters knock down Lincoln statues.
• How to find actionable advice on selling.
• Twitter flags Trump’s tweet on the virus.
• 17-year-old is making travel germ-free.

Market Moving Headline: [T]he cumulative virus impact will ultimately be a fraction of that of the 2008 financial crisis. - BlackRock

• Oil lower as Libya, Norway raise supply.
• Deutsche’s riskiest bonds get upgrade.
• Disney reshuffles media, entertainment.
• Twilio buys cloud customer data startup.
• SPAC filing to include Shaquille O’Neal.
• Apple iPhone 12 will offer next-gen 5G.
• Roblox confidentially files to go public.
• Caterpillar betting on autonomous tech.
• Goldman’s financial targets jeopardized.
• S&P 500 likely reports earnings decline.
• TikTok rival Triller explores an IPO deal.
• Walmart, Target master curbside pickup.
• Southwest to introduce O’Hare service.
• G7 opposes launch of Facebook’s Libra.