Online lender Social Finance has raked in around $1 billion from its collective investors, bringing the startup’s value to roughly $4 billion. The San Francisco-based firm raised that equity round in the last several weeks, according to Wall Street Journal reporting. If that valuation pencils out right,...
Bitcoin is totally forked. 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...
They may call August the lazy days of summer, but don’t tell the team at iwoca that - they just secured $20 million in new venture funding and their CEO is on tour in Asia with the U.K.’s Prime Minister. They’ve been a bit under...
While mostly unknown and unheard of 15 years ago, the market has been suddenly and undeniably flooded with alternative lenders looking to connect small businesses with their next loan. There are lots of options and innovators within the world of SMB financing — and that...
The impending regulatory crackdown of alternative lenders may have spooked some industry players and their investors. The Treasury Department has launched an inquiry into the sector, asking lenders and platforms to provide information on the way they operate, and some analysts believe that the Consumer...
Most Facebook users have a friends list that is composed of a motley crew of various people they met in high school and college, coworkers, friends they made on vacation, the six or seven friends they’ve made in the last 10 years and a whole...
The demand for small business loans is skyrocketing – but how can lenders keep up with meeting the needs of those who fall outside of the traditional lending reach? PYMNTS sat down with Ethan Senturia, co-founder and CEO of Dealstruck to discuss the importance of...
Most Americans need a car. 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...
China Rapid Finance is getting one step closer to reportedly becoming a publicly traded company with a fresh round of Series C funding under its belt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
