Loans

Loans
72% of Consumers Manage Their Lending Accounts Online
March 11, 2022

Most consumers have loan accounts with outstanding balances, and most of them manage those accounts online.  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...

Loans
Business Lender Funding Circle Shuts Off Retail Platform to New Investments
March 10, 2022

Funding Circle has permanently barred new investors from its retail platform, the business lender announced Thursday (March 10). 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...

Loans
LatAm Lender Kueski Approaches $1B in Loans
March 08, 2022

Kueski has made nearly $1 billion in loans to one million costumers, the Latin American lender and buy now, pay later (BNPL) firm said in a news release Tuesday (March 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Loans
FCA Won’t Fight High-Interest Lender’s Resuming Operations
March 07, 2022

Nearly a year after the United Kingdom’s finance regulator banned Amigo Holdings PLC from issuing loans in the U.K., the tide is turning. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Loans
Loanz Rolling out in US as It Plans Canadian Credit Box Growth
March 07, 2022

Canadian FinTech lender Loanz is planning to launch in the U.S. while also expanding its Credit Box in Canada, which offers loans to low credit customers in Canada with starting interest rates of 9.9%. Get the Full Story Complete the form to unlock this article...

Digital-First Banking
Almost Two-Thirds of Consumers Comfortable Opening Loan Account in App
February 25, 2022

Almost two out of every three consumers are comfortable opening new accounts digitally, compared to less than half saying they prefer to manage their existing loan accounts that way, according to PYMNTS’ February 2022 edition of “Account Opening And Loan Servicing In The Digital Environment”....

Loans
PowerPay and Leap Team up on Home Improvement Contractor Financing
February 23, 2022

Home improvement financing technology platform PowerPay on Wednesday (Feb. 23) announced it has integrated with home improvement contractor and remodeler sales software platform Leap, giving users access to all PowerPay financing products. Get the Full Story Complete the form to unlock this article and enjoy...

Loans
Vroom Announces $296M Loan Securitization
February 10, 2022

Online used car buying and selling platform Vroom has unveiled the pricing of its first auto loan securitization offering of $296 million, the company said in a news release Thursday (Feb. 10). Get the Full Story Complete the form to unlock this article and enjoy...

Loans
DoorDash Starts Financing Arm to Offer Restaurants Cash Advances
February 09, 2022

Food delivery service DoorDash Inc. will offer financing on its app to restaurants that need business loans through the new DoorDash Capital program, according to a Bloomberg report Wednesday (Feb. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited...