3 Startups to Watch: YingBank, Upgrade, and Teampay
With fintech funding on the rise, new startups that want to make their mark on the financial ecosystem are sprouting ...
Tag: marketplace lending
Kabbage Set to Acquire Lending Data Startup Orchard Platform Markets
Small business banking company Kabbage is set to acquire startup Orchard Platform Markets, a provider of lending data and services, ...
German Startup Smava Will Use $65M Funding to Expand Across Europe
Berlin-based startup Smava has raised $65 million in funding to expand its loan platform outside of Germany, the company announced ...
Best Egg Will Broaden to Financing Purchases in 2018
EXCLUSIVE—Marketplace lender Best Egg will move towards financing consumer purchases, including home improvements, as it looks to expand in 2018, ...
LendingClub Shares Fall After Disappointing Investor Day
Shares for marketplace lender, LendingClub, plunged sharply yesterday after the company lowered its profit guidance during its investor day presentation. ...
Prosper’s Top Concern in 2018 is Liquidity, CEO Says
EXCLUSIVE— Marketplace lender Prosper will make liquidity a top priority as the company moves into 2018, company CEO David Kimball ...
Marketplace Lenders Should Remember Experience Can Be Replicated, Experts Say
EXCLUSIVE—Marketplace lending survived 2017 with many of its advantages over traditional balance sheet lenders intact, including its embrace and use ...
Kabbage Lawsuit Ignites Debate Over ‘True Lenders,’ Fintech-Bank Partnerships
The lawsuit of a small business in Massachusetts against alternative lender Kabbage is raising questions about the role of partner ...
AmEx Wants to Hit the Sweet Spot Between Banks and Marketplace Lenders with New Business Loans
EXCLUSIVE— Small businesses looking for capital mostly have to deal with banks that have data and assets but no speed, ...
Is Lending Club Back?
Better originations, better sales, more revenue: wow, did Lending Club just report a positive quarter? With the results reported on ...
