WRAP-UP OF LAST WEEKS POSTS
Last week we released added new features to our Portfolio Manager product. The Portfolio Manager “Bid Size” is now set to 25€ by default for all customers who have not manually adjusted the value. Still, the default setting can be changed in the Portfolio Manager settings.
Last week brought us reports that funding for fintech companies dropped globally due to lack of super rounds. Prosper and Avant in the US are seeing tough times as bad quarterly results force them to make significant cuts in workforce. On other side of the globe, lenders in China are making more use of consumer information from social media platforms to make better lending decisions as other data sources are lacking. You can also read about how passive investing is gaining more traction as low-cost and stable option compared to active investing.