Finance companies have seen borrowing costs skyrocket this year as interest rates rise. That’s according to a report Sunday (Dec. 11) by The Wall Street...
Europe’s banks will likely reduce lending next year as the region dips into a recession. That’s according to a Sunday (Dec. 4) Financial Times report,...
The countdown’s on to the end of 2022, which FinTech IPO investors would rather forget. Earnings season is now all but over, with the exception...
Shares of AI-lending platform Upstart plunged more than 20% Tuesday (Nov 8) evening after the company said rising interest rates and a slowing economy saw...
Cash management and optimization platform MaxMyInterest (“Max”) has appointed Ateet Adhikari as chief operating officer (COO) and said he would help lead the company to...
LendingClub’s latest results, in the words of CEO Scott Sanborn, tell a story of “two halves” of 2022 as interest rates continue to soar: The...
JPMorgan CEO Jamie Dimon has said there’s likely to be a global recession by the middle of 2023 due to a confluence of “very, very...
Monetary policies instituted to offset inflation in developed nations like the U.S. and the U.K. are negatively affecting emerging markets, causing the United Nations and...