loans

Growth Capital Funding Startup Bloom Raises £300M

Growth Capital Funding Startup Bloom Raises £300M
Growth Capital Funding Startup Bloom Raises £300M
May 26, 2022  |  Investments

Growth capital funding startup Bloom Group S.A. raised 300 million pounds (roughly $376 million) to grow its business across Europe and become a leading provider...

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LendingClub’s LCX Platform to Get Client-to-Client Transactions
LendingClub’s LCX Platform to Get Client-to-Client Transactions
May 25, 2022  |  Loans

LendingClub, the parent of LendingClub Bank, on Wednesday (May 25) announced it is adding client-to-client sales to LCX, its automated loan-auction platform. Get the Full...

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Nova Credit Teams with Alloy on Inclusive Business Lending
Nova Credit Teams with Alloy on Inclusive Business Lending
May 24, 2022  |  Partnerships

San Francisco-based FinTech Nova Credit partnered with identity decisioning platform Alloy to help lenders become more inclusive and serve more consumers across the credit spectrum...

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Auto FinTech Caribou Valued at $1.1B After $115M Funding Round
Auto FinTech Caribou Valued at $1.1B After $115M Funding Round
May 20, 2022  |  Investments

Caribou, a FinTech that focuses on automobile installment loan payments, has completed a $115 million Series C funding round, according to a Friday (May 20)...

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Lender Upstart Will Move Excess Loans From Balance Sheet
Lender Upstart Will Move Excess Loans From Balance Sheet
May 19, 2022  |  Personal Loans

FinTech lender Upstart said it will not keep loans on its balance sheet that financial institutions have no interest in purchasing. Get the Full Story...

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Deutsche Bank Backs MarketFinance’s Efforts to Lend $125M to UK SMBs
Deutsche Bank Backs MarketFinance’s Efforts to Lend $125M to UK SMBs
May 19, 2022  |  SMBs

London-based FinTech MarketFinance has raised debt from Deutsche Bank that will allow the company to fund part of a 100 million British pound (about $125...

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Subprime Loan Delinquencies Signal Trouble for Paycheck-to-Paycheck Economy
Subprime Loan Delinquencies Signal Trouble for Paycheck-to-Paycheck Economy
May 19, 2022  |  Economy

Where there’s smoke, there’s fire. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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TurnKeyLender, VoPay, Team to Digitize Lending
TurnKeyLender, VoPay, Team to Digitize Lending
May 17, 2022  |  Loans

Canadian integrated payment technology company VoPay has launched a partnership with unified lending management company TurnKey Lender to provide lenders with fully digitized end-to-end process automation,...

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New EU Consumer Credit Rules May Be Approved by Summer
New EU Consumer Credit Rules May Be Approved by Summer
May 16, 2022  |  Regulation

A committee of the European Parliament will vote in June on the proposed Consumer Credit Directive (CCD) with a view to getting final approval in...

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