Alternative Finances

LendingClub Posts $32.9M Losses In 2014
February 25, 2015

LendingClub’s first post-IPO results are in, and they are not great. 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
Staples’ Throws Its Hat Into the SMB Lending Ring
February 25, 2015

As Staples looks to grapple with an unstable office product market, the company is looking for business in SME lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

UK To Payday Lenders: Publish Your Prices
February 25, 2015

British payday lenders must publish the costs of their loans on comparison websites so consumers can shop for the best deals, the U.K.’s Competition and Markets Authority (CMA) announced on Tuesday (Feb. 24). Get the Full Story Complete the form to unlock this article and...

Small Businesses Get $420M From Big Investment Backer
February 20, 2015

Lending marketplace Funding Circle is getting a lot more money to loan to small businesses. The U.K.-based company will get as much as $420 million to lend over the next three years from Chicago-based Victory Park Capital, the companies announced on Thursday (Feb. 19). Get...

Can E-Commerce Save USPS?
February 20, 2015

The U.S. Postal Service should be doing a better job of serving e-commerce retailers and customers, according to the postal workers union — and the union is making that a bargaining issue in its first contract negotiations since 2010. Get the Full Story Complete the...

Africa’s Growing Mobile Money Market Share
February 18, 2015

Mobile payments in sub-Saharan Africa will generate $1.5 billion in fees for mobile-money providers by 2019, according to a report by the Boston Consulting Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Mozido, Mo’ Money, Mo’ Acquisitions
February 16, 2015

Mozido is on a roll. 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...

Bitcoin Strikes For The Gold Standard
February 13, 2015

When people say someone is as “rich as Croesus,” they’re talking of to a time (B.C. time) when gold was first starting to be used as a currency. A time when Croesus of Mermnadae, the last King of Lydia, had accumulated an ungodly amount of gold...

LendUp’s Hand-Up For The Financially Underserved
February 12, 2015

There is currently enough snow on the ground in the greater Boston area to fill Foxboro stadium over 90 times, with another 2-4 feet being predicted by Monday (Feb. 16). Given the fact that global warming seems to have abandoned New England, payments innovators may...