U.K.-based FundingSecure has called in administrators at CG Recovery as it becomes the second peer-to-peer (P2P) lender in the country to fold in six months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
French retailer Casino announced that it has raised €1.5 billion ($1.67 billion USD) in bank loans so that it can refinance part of its existing debt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Fiserv’s consumer trends survey, Expectations & Experiences, shows that the majority of loans over the past two years were done online, the company said on Monday (Oct. 21) in a press release. Get the Full Story Complete the form to unlock this article and enjoy...
Peer-to-peer (P2P) British-based lender Funding Circle sent out a letter to investors after they were unable to take out funds from the platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A WeWork executive is calling for real estate lenders to be more flexible when it comes to their co-working tenants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
LendingClub, an online marketplace that connects borrowers and investors, has launched a new marketplace called LCX with the intention of drawing a larger swath of institutional investors to the platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Twelve years ago, LendingClub Founder Renaud Laplanche built a business to help consumers manage the $800 million in outstanding credit card debt. That product was an unsecured personal loan that consolidated the debt into a lower interest option with fixed monthly payments. Get the Full...
Carvana, the company that lets consumers browse and purchase vehicles online, has added a new virtual financing option, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Car leasing app Fair has secured a $500 million revolving credit facility led by Mizuho Bank. 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...
