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. As LendingClub Vice President of Member...
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. That’s one of several...
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. That’s one of several...
NFT lending protocol JPEG’d is partnering with decentralized oracle provider Chainlink to enable borrowing using CryptoPunks as collateral. Chainlink price feeds will power DeFi services on JPEG’d and give holders of the high-value NFT collection CryptoPunks the ability to get loans backed by their holdings,...
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. Headquartered in San Francisco, California, TapWater specializes...
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. Launched in 2007, the U.K.-based startup Prodigy Finance recently secured $750 million in financing from North American investment giants, helping...
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...
JPMorgan Chase has acquired online college planning platform Frank, according to a CNBC report Tuesday (Sept. 21), adding tools to help more than 5 million students at 6,000 colleges and universities apply for and negotiate financial aid, enroll in online classes and find scholarships. JPMorgan...
Peach, a Software-as-a-Service (SaaS) loan management company, has raised $20 million in a Series A funding round, according to a press release on Tuesday (Sept. 14). The funding round was led by Canapi Ventures with participation from existing and new investors, including SciFi VC, Caffeinated...