consumer lending

ZestMoney Raises $13.4M, Led By Xiaomi

Today In Data: Investing In A More Efficient Future
Today In Data: Investing In A More Efficient Future
August 24, 2018  |  Today In Data

Efficiency is everything, pretty much in any arena. Because being inefficient is very costly – both in literal dollars and in opportunities lost to forge business relationships. But where...

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First Data Integrates With Ellie Mae’s Consumer Lending Platform
First Data Integrates With Ellie Mae’s Consumer Lending Platform
August 21, 2018  |  Partnerships

First Data, the commerce-enabling technology company, announced on Tuesday (Aug. 21) that it has integrated with Ellie Mae’s Encompass Consumer Connect lending platform. Get the Full...

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Cabot Square Capital Sells 321 Crédito
Cabot Square Capital Sells 321 Crédito
July 25, 2018  |  Banking

Cabot Square Capital, a U.K. financial services firm, on Wednesday (July 25) sold its entire stake in 321 Crédito, a Portuguese consumer finance lender, to...

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Personal Loans Are The Fastest-Growing Lending Category
Personal Loans Are The Fastest-Growing Lending Category
July 04, 2018  |  Loans

As a consumer lending category with the fastest growth, outstanding balances for personal loans jumped by about 18 percent to $120 billion in the first...

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LendingClub Gets Sued By The FTC; Stock Hits Record Low
LendingClub Gets Sued By The FTC; Stock Hits Record Low
April 25, 2018  |  Legal & Regulation

LendingClub, the online lender that was once a favorite of Wall Street investors, saw its stock hit a record low on Wednesday (April 25) after...

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Goldman Sachs’ Marcus Has Issued $3B In New Loans Since Inception
Goldman Sachs’ Marcus Has Issued $3B In New Loans Since Inception
April 18, 2018  |  Banking

Marcus, the consumer lending unit of Goldman Sachs, has issued $3 billion in new consumer loans since launching in October of 2016 through the first...

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CFPB Drops Investigation Into Lender That Donated To Mulvaney
CFPB Drops Investigation Into Lender That Donated To Mulvaney
January 24, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has dropped its investigation into World Acceptance Corp., which had been accused of taking advantage of low-income borrowers. Get...

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