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...
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...
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...
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...
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...
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...
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...
When most laymen hear the term “alternative financial services,” they immediately envision consumers (and small businesses) that are underserved by the traditional credit markets and either unable to secure credit along “mainstream” channels or unable to do so without facing a difficult or time-consuming process....
When major market retailers want to offer financing to their customers, they have a variety of options, mostly in the card product arena. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
