Top Fintech News Stories for January 8, 2021

Here are the top news stories from our daily newsletter today:

• Banking software start-up Mambu raises $135 million at a $2.1 billion valuation – CNBC
• SoFi to Go Public via a SPAC That Values the Company at $8.65 Billion – LendIt Fintech News
• BBVA USA shuts down neobank Simple – American Banker
• BNPL player Uplift secures $68m credit line – Finextra
• Fintechs helping immigrants navigate a new financial world – FinLedger
• More incentives for smaller lenders in next PPP round – American Banker
• Early-pay providers get more clarity from CFPB (for now) – American Banker
• The Cambridge Centre for Alternative Finance Launches the Cambridge Alternative Finance Collaboration Network, Seeks to Facilitate Evidence-based Regulation – Crowdfund Insider
• Pandemic-related income loss has consumers worried about credit, loans – FinLedger