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PYMNTS Payday Lending Primer
April 26, 2016

Fans of television – or more accurately, fans of television tropes are probably familiar with the concept of “The Berserk Button.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Ally Financial Uses Teamwork To Help Consumers Control Their Spending
April 21, 2016

Just when it seems easy to think that every application on Earth is being optimized to sell consumers something, a maverick comes along and goes in a very opposite direction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Online Lenders Hunt For Fresh Capital
April 15, 2016

The online lending marketplace has been hitting some speed bumps as of late. The key problems, according to Reuters, are the skittishness of hedge funds and, of course, market volatility. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Max Levchin’s Affirm Rumored To Have Raised $100 Million
April 13, 2016

According to reports by The Wall Street Journal, Affirm — the FinTech startup fronted by Max Levchin — has picked up a fat $100 million in Series D funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Peter Thiel Backs Payday Lending Startup
April 12, 2016

With a $9 million funding round led by Valar Ventures — the investment firm perhaps most notable for the presence of Peter Thiel — Even is forging ahead with its financial services model geared toward lower incomes in the United States. Get the Full Story Complete the...

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FinTech Lenders Are Putting The Brakes On Customer Acquisitions
April 11, 2016

As the wave of FinTech lenders who stepped into the markets after the financial crisis pushed much of their mainstream banking competition out of the game are coming into a new era with rising interest rates and falling investor demand, their strategic approach to that...

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CAN Capital’s $6 Billion SMB Lending Milestone
April 08, 2016

One of the leading alternative providers of capital to small businesses, CAN Capital, announced on Thursday (April 7) that it has provided access to more than $6 billion of working capital to small businesses. The company said it has helped over 70,000 small business owners...

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Lending Club, Funding Circle And Prosper Join Forces And Form A Trade Association
April 07, 2016

On the logic that everything is easier when taken on with a team, the big names in marketplace lending are joining forces and forming their own nonprofit trade association. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

German Online Lender Grabs $37M To Ramp Products
April 07, 2016

Finanzcheck, a German consumer online lender, has raised €33 million ($37 million) in Series C funding, according to a TechCrunch report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...