alternative lending

A Decade On, Lending Transformed By Crisis And Innovation

A Decade On, Lending Transformed By Crisis And Innovation
A Decade On, Lending Transformed By Crisis And Innovation
September 18, 2018  |  Consumer Finance

Necessity is the mother of invention. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Opening Up Mortgages For Gig Workers
Opening Up Mortgages For Gig Workers
September 18, 2018  |  Alternative Finances

While freelance and self-employment has existed as long as the work has existed, half a decade can make a big difference. Gig workers have gone...

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BlueVine, Fundbox Grow AltFin Group ILPA
BlueVine, Fundbox Grow AltFin Group ILPA
September 18, 2018  |  B2B Payments

The Innovative Lending Platform Association (ILPA) has added three members, according to an announcement made on Monday (Sept. 17). Get the Full Story Complete the form...

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US Bank Launches Loan To Compete With Payday Lenders
US Bank Launches Loan To Compete With Payday Lenders
September 11, 2018  |  Alternative Finances

U.S. Bank is entering the small-dollar lending arena. Going forward, U.S. Bank depositors will be able to tap into an online, digital lending product aimed...

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Funding Circle Reflects On IPO Plans
Funding Circle Reflects On IPO Plans
September 11, 2018  |  B2B Payments

Days after confirming plans for an Initial Public Offering on the London Stock Exchange, alternative lending firm Funding Circle has released new details about its...

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Prospa Bends To Regs’ Unfair Contract Claims
Prospa Bends To Regs’ Unfair Contract Claims
September 10, 2018  |  B2B Payments

Weeks after Australia alternative lending platform Prospa cancelled its IPO, amid backlash over contractual agreements with borrowers, the company has bowed to regulators’ demands that...

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Investors Back Portal Finance’s Multi-Pronged Approach To SMB Finance
Investors Back Portal Finance’s Multi-Pronged Approach To SMB Finance
September 07, 2018  |  B2B Payments

Investors this week placed more than $447 million in B2B FinTech startups, with the biggest investment rounds landing at companies that address more than one...

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UK Bank Referral Scheme Yields $20M For SMBs
UK Bank Referral Scheme Yields $20M For SMBs
September 04, 2018  |  B2B Payments

Since the U.K. implemented its bank referral scheme, aimed at linking small businesses to alternative finance when they’re rejected for a bank loan, it has...

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Why Wonga Finally Called It Quits
Why Wonga Finally Called It Quits
September 04, 2018  |  Alternative Finances

U.K. payday lending startup Wonga has come to the end of the road, having filed for administration (similar in concept to bankruptcy in the U.S.)...

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