alternative financing

Affirm CEO: Recession Will Prove Our Underwriting Smarts

Affirm CEO: Recession Will Prove Our Underwriting Smarts
Affirm CEO: Recession Will Prove Our Underwriting Smarts
August 14, 2022  |  BNPL

Affirm Holdings has seen its stock down 77% since a November high, but founder Max Levchin is confident that his company will be able to...

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Regulators Fail to Rein In Risk of Shadow Banking, Former BoE Official Says
Regulators Fail to Rein In Risk of Shadow Banking, Former BoE Official Says
August 07, 2022  |  Bank Regulation

U.K. financial regulators haven’t tackled risks adequately, ex-Bank of England governor Paul Tucker says, and now they should construct a “comprehensive” new policy. Get the...

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Employer-Backed BNPL Plan Spreads Out Healthcare Payments and Pain
Employer-Backed BNPL Plan Spreads Out Healthcare Payments and Pain
July 05, 2022  |  Healthcare

When a family member received a medical bill for $8,000 — despite having medical insurance — Steven Greene, who is now co-founder and CEO at...

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Federal Reserve Bank of Philadelphia Report Finds FinTech Lending Crucial for SMBs
Federal Reserve Bank of Philadelphia Report Finds FinTech Lending Crucial for SMBs
April 26, 2022  |  Loans

Main Street small and medium businesses (SMBs) are still struggling with cashflow issues as the pandemic wanes, but they’ve come to rely on the new...

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Israeli FinTech Bizi Nets $7.5M for SMB Credit Lines
Israeli FinTech Bizi Nets $7.5M for SMB Credit Lines
January 30, 2022  |  Investments

Bizi, a FinTech company working to get credit lines to small and mid-sized businesses in Israel, has raised seed funding of $7.5 million, a report...

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LendingClub Aims for the Cloud, More Mobile-First Platforms in ’22
LendingClub Aims for the Cloud, More Mobile-First Platforms in ’22
January 26, 2022  |  Payment Methods

In a Q4 LendingClub earnings call, CEO Scott Sanborn laid out the company’s vision for 2022, to keep building its on-balance-sheet loan portfolio and moving...

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Former SEC Enforcer Says Watchdogs, Crypto Firms Need Open Dialogue on Oversight
Former SEC Enforcer Says Watchdogs, Crypto Firms Need Open Dialogue on Oversight
August 30, 2021  |  Cryptocurrency

The common view of the cryptocurrency landscape is that it’s the Wild West — untamed, with speculative activity out of control, and with regulators bearing...

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FinTech Veteran Rosenblatt Promoted To CEO At Behalf
FinTech Veteran Rosenblatt Promoted To CEO At Behalf
August 20, 2020  |  Personnel

Alternative financing company Behalf has promoted Rob Rosenblatt to CEO; he has been the company’s president for the past six months. Behalf said in a...

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