Alternative Credit

Alternative Credit
Startups Still Struggle Finding Funds (Fueling Online Lending’s Growth)
August 10, 2017

While startups and small business are often (rightly) hailed as the engines that power growth in the American economy, when it comes time to secure funds — the situation gets tricky. Stated simply, ten years out of the financial crisis and small business lending remains...

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The Russian Connection (To Alt Lending Globally)
August 08, 2017

ID Finance Co-Founders Boris Batine and Alexander Dunaev were far from newcomers to the world of finance when they started up their business in 2012. Long before founding a data science, credit scoring and digital finance company, the Russian-born and U.K.-educated entrepreneurs met while working abroad...

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New Deal Could Cut Prosper Marketplace’s Value By Two-Thirds
August 04, 2017

Once a unicorn, always a unicorn? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...

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LendKey And Unlocking A Generation Of Borrowers For Small Banks And Credit Unions
July 25, 2017

For value, the Federal Reserve estimates that a college grad will make about $830,000 over the course of a lifetime; the Georgetown University Center for Education and the Workforce estimates the value at around a cool million. Get the Full Story Complete the form to...

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Affirm Challenges Retailers, FIs To Practice ’Honest Finance‘
July 21, 2017

“Finance is pretty broken.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing...

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Renaud Laplanche’s Second Act
July 18, 2017

F. Scott Fitzgerald is often quoted as the source behind the phrase, “there are no second acts in American life.” But as we all know and have witnessed, American lives are full of second, third and, in some cases, even fourth acts. Get the Full Story Complete the...

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AutoGravity On Why Car Buying Can Be Friction-Free
July 11, 2017

There’s nothing like that new car smell. And the fun of driving a new car off the dealer’s parking lot. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Square Is Eyeing Consumer Lending
June 28, 2017

Square’s quest to evolve past its original incarnation as a payments processing firm for small merchants is apparently set to expand into consumer lending.  According to WSJ reports, CEO and co-founder Jack Dorsey has begun quietly circulating word among its SMB customers that it is...

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Changing the Conversation About Income Volatility
June 06, 2017

According to the Pew Charitable Trusts, the group of workers whose incomes rise and fall by as much as 25 percent over the course of a year is mostly made up of hourly workers in retail and gig economy workers. But while they make up...