It’s now clear where this month’s $10.5 million in funding for investment app Acorns came from — and what it’s for. On Wednesday (April 15) Acorns said it has raised $23 million in a funding round that will let it launch its first app for...
Lending Club and Citi will work together to facilitate up to $150 million in loans to low- and moderate-income borrowers in underserved communities, the alt-lender and bank jointly announced on Tuesday (April 14). Get the Full Story Complete the form to unlock this article and...
Credit-reporting agency Experian now has a mobile app that it says will help consumers “feel more confident about their financial situation” — and it has survey results to prove it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The United States’ second biggest P2P lending market has closed out a financing round that pushes its valuation to $1.9 billion – rocketing it into the “unicorn” strata of startups and nearly tripling up its last valuation of a year ago. This all comes while Prosper...
So goes the economy, so goes the likelihood of getting financing as a small business. When times are bad, the money dries up; when times are good – well actually, since the last recession, the situation has still been pretty dire, which is why so many...
Smartphone ownership is changing the way Americans are using and thinking about the Internet, according to a new study released by Pew Research Center in association with the John S. and James L. Knight Foundation. Get the Full Story Complete the form to unlock this article...
Alibaba’s money market fund Yu’ebao has added more than 140 million users in the past year and reversed a brief slide in the amount of money it manages, according to Tech in Asia. Get the Full Story Complete the form to unlock this article and...
Financial inclusion and the concept of the unbanked has become a buzzword when it comes to mobile payments innovations. Who are the unbanked, who are the mobile money companies reaching, and where are there still gaps? And why? Get the Full Story Complete the form to unlock this article...
Yesterday (March 23) the Network Branded Prepaid Card Association (NBPCA) formally requested that the CFPB show “restraint” as it goes into its final rule making on prepaid products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
