Funding Circle surpasses $10b in loans, plans aggressive partnership strategy
Funding Circle, the U.K.-based peer-to-peer lending platform, hit a $10 billion milestone in loans to small- to medium-sized (SME) businesses...
Banking
Inside Xolo’s plan to win the banking business of contractors
Xolo, an Estonia-based financial platform for freelance workers, is launching a product to allow European contractors to set up a...
Starling adds peer-to-peer lender Growth Street to its marketplace
Starling Bank recently added peer-to-peer business lender Growth Street to its in-app marketplace. Growth Street's revolving credit facility product is...
TIAA rolls out digital safety deposit box to grow customer relationships
Financial services provider TIAA launched a virtual safety deposit box that takes the friction out of finding documents like wills,...
Why SellersFunding sees an opportunity with Amazon, eBay merchants
As e-commerce merchants' needs become more complex, the ecosystem of small-scale lenders continues to expand to meet demand. On Wednesday,...
CIT buys Mutual of Omaha Bank to reach homeowners associations
CIT Bank will acquire Mutual of Omaha Bank for $1 billion in cash and stock to help grow its deposit...
German payments giant Wirecard targets US with new app
Wirecard, a Germany-based payments firm that works with brands and retailers, recently launched its first U.S. mobile application in an...
European fintechs escape troubles afflicting established banks
When Swedish banking firm Klarna became Europe’s most valuable financial technology startup last week, it was only the latest sign that...
RBC is redesigning its app experience for younger customers
The Royal Bank of Canada is giving its app a millennial makeover and branding the new offering RBC Mobile Student...
How digital lender Earnest is charting its growth path
At $6 billion in refinanced student loans, digital lender Earnest is rapidly growing its reach. The six-year-old company offers student...
