With Take-backs, Kasasa is Giving Borrowers More Control Over Their Money
EXCLUSIVE—Speedy, flashy financial service through mobile or a wearable is all well and good, but the product has to respond ...
Tag: online lending
Prosper Raises New Funding, Loses Unicorn Status
Alternative lending startup Prosper raised new funding in a Series G last week, with the $50 million round bringing its ...
SoFi’s Bank Charter Has Almost No Chance, Former SEC Chairman Says
SoFi’s hopes of becoming a bank have most likely been crushed after the departure of former CEO Mike Cagney, Securities ...
SoFi CEO Mike Cagney to Step Down
Mike Cagney, the chief executive officer of online lender Social Finance, better known as SoFi, will be leaving his role ...
One-Third of Monthly Transactions for FIs and Online Lenders Are Fraudulent
Fraud remains a significant problem for financial services to solve, especially as digital and online banking becomes more prevalent in ...
China Rapid Finance Is Expecting to Add 3M New Borrowers by End of 2017
EXCLUSIVE — Shanghai-based online lender China Rapid Finance reported a 240% growth in consumer loan volume year-over-year and is expecting ...
Online Student Lender Prodigy Finance Raises $240M in Equity, Debt Financing
U.K.-based online student lending service Prodigy Finance has raised a $240 million round of equity and debt funding in order ...
Will FICO’s AWS Move Boost Lending Startups?
FICO is moving major services to the cloud, and that may mean good times ahead for lending startups. The financial ...
Is Lending Club Back?
Better originations, better sales, more revenue: wow, did Lending Club just report a positive quarter? With the results reported on ...
OnDeck Will Focus on Better Borrowers, Expanded Partnerships to Grow Originations
OnDeck is turning towards upgraded features, expanded partnerships, and higher-quality borrowers to jolt its originations back towards growth. The online ...
