Loans

Loans
Latino-Focused Lender Oportun Scraps Bank Charter After CFPB Probe
October 11, 2021

Oportun, a specialist in low- to moderate-income lending, which services many Latinos, has withdrawn its application for a bank charter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Loans
Personal Loans Fill Cash Flow Void for Paycheck-to-Paycheck Consumers
October 11, 2021

There’s been a confluence of events to set the stage for retail banking’s disintermediation — and for the growth in lending facilitated by online platforms to continue. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Loans
Lending Platforms’ Digital Makeovers Turn Paper-Pushing Into Profits
October 06, 2021

Liquidity is the lifeblood of lending. And liquidity exists only when lenders and borrowers are easily able to find one another, agree on terms, access the capital that’s needed — and distribute that same capital quickly while enabling repayment. Get the Full Story Complete the...

Loans
New Data: Living Paycheck to Paycheck Triggers Personal Loan Demand
October 05, 2021

When we think of those struggling between paychecks, people making six-figure incomes don’t typically enter the picture. But PYMNTS research continues to find that an alarmingly high percentage of the well-compensated aren’t making it financially from one check to the next. Get the Full Story...

Loans
New Data: Living Paycheck to Paycheck Triggers Personal Loan Demand
October 05, 2021

When one thinks of those struggling between paychecks, people making six-figure incomes don’t typically enter the picture. But PYMNTS research continues to find that an alarmingly high percentage of the well-compensated aren’t making it financially from one check to the next. Get the Full Story...

Loans
NFT Lending Protocol JPEG’d Teams With Chainlink for CryptoPunks-Backed Loans
October 01, 2021

NFT lending protocol JPEG’d is partnering with decentralized oracle provider Chainlink to enable borrowing using CryptoPunks as collateral. 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...

Loans
TapWater Turns on Lending Faucet for SaaS Platforms
September 28, 2021

Embedded lending startup TapWater is now available in beta and has a waitlist in progress for Software-as-a-Service (SaaS) companies and other B2B firms looking to integrate credit solutions directly into their platforms, the FinTech Brain Food newsletter reported. Get the Full Story Complete the form...

Loans
UK Education Lender Prodigy Finance Could Replicate the Success of US-based SoFi Technologies
September 24, 2021

The further education market is growing apace, and it should come as no surprise that the associated student loan business is capturing major investor interest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Loans
India’s FinBox Unveils Account Aggregation Product for Loans
September 21, 2021

India’s FinBox unveiled what the company said is one of the country’s first account aggregators — systems that let potential borrowers prepare and upload one set of financial documents and then allow access to the online file from multiple potential lenders. FinBox systems connect lenders to...