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 ...
Tag: online lenders
SMB lender OnDeck ‘actively pursuing’ bank charter
On the heels of digital banking startup Varo Money applying for a banking license with the Federal Deposit Insurance Corporation ...
Spa Gone. Now Workers Too. LendingClub Joins Bay Area Exodus
LendingClub Corp.’s downtown San Francisco headquarters once featured many of the lavish perks booming tech companies use to attract workers ...
The Non-QM Challenge & How Technology Can Help
By all accounts, the non-qualified mortgage (non-QM) market is booming. In 2018 alone, $11.38 billion of expanding-credit MBS, including non-QMs, ...
ETF Fees Are Falling to Zero as SoFi Plans First No-Cost Funds
The first free exchange-traded fund is on its way. Social Finance Inc., the online lender known as SoFi, is helping ...
The Evolution of Lending Through Fintech
The lending market is going through some major, rapid changes, and it’s more exciting than ever for consumers looking for ...
Fintech Lender SolarisBank Inks Partnership with ABN Amro Bank
Banking-as-a-service platform SolarisBank has signed a major integration partnership with a bank. On Tuesday, the Berlin-based SolarisBank announced that it ...
Machine Learning Is the Future of Underwriting, But Startups Won’t be Driving It
Machine learning is not new, it is just another level of system automation that financial institutions have been working on ...
TransUnion Fights ‘Loan Stacking’ and Synthetic Identities with New Tool
Financial fraud is here to stay, unfortunately, and it comes in many different forms. Credit card fraud isn’t quite as ...
Kabbage Starts White-Labeling Its Lending Service
The recent successes of online lenders has made them attractive to investors -- and now banks are entering the fray. ...
