Alternative Finances

Alternative Finances
Another Online Lender Announces Layoffs
May 23, 2016

Consumer lending platform Avant is giving pink slips to 60 employees, or about 7 percent of its workforce. 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...

Alternative Finances
Citi Says ‘No Thanks’ To Lending Club
May 23, 2016

In the continuing emergence of details surrounding Lending Club and its woes in the wake of the resignation earlier this month of its chief executive officer, Reuters reported on Friday (May 20) that Citigroup backed off from supporting the company. Get the Full Story Complete the...

SoFi Scores Moody’s Top Credit Rating
May 23, 2016

Although the online lending market has taken some hits this year, there’s one online lender who has secured a top approval from Moody’s. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Affirm Expands Payments To ‘Experiences’
May 18, 2016

What’s a millennial to do? They want to have those valuable life experiences (like Coachella or a weekend in Costa Rica), but they just don’t seem to have the cash. Well, now, they can have their experience now and pay for it later, without the...

Lending Club Slapped With Shareholder Lawsuit
May 18, 2016

Lending Club’s troubles don’t appear to be going away anytime soon. 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...

Alternative Finances
The Clock Is Ticking For Lending Club
May 17, 2016

Brutal. 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 communications from PYMNTS...

Alternative Finances
Green Dot Money Enters Online Lending Business
May 13, 2016

Green Dot said on Thursday (May 12) that it is launching Green Dot Money, which it has billed as an online marketplace that will match low- and moderate-income consumers with what it called “a curated set of lending partners” that specialize in those consumer segments. Get the...

Alternative Finances
A Brief History Of Lending Club
May 13, 2016

The recent history of Lending Club is well-known to, frankly, probably just about everyone at this point. Founder Renaud Laplanche pulled off the commerce curveball of the week with twin announcements: Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Google Puts The Kibosh On Payday Loan Ads
May 12, 2016

Payday loans and the advertising of some lending products just got a lot less Google-friendly. 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,...