After six years of operating as a peer-to-peer (P2P) lending marketplace, Mintos CEO and Co-founder Martins Sulte said that it made sense for the company to...
The Consumer Financial Protection Bureau (CFPB) is alleging in court that LendUp Loans has violated a 2016 consent order and deceived borrowers, according to a...
Chinese firm ByteDance, owner of video-driven social media sites TikTok and Douyin, is looking for roughly $4 billion in loans as its initial public offering...
FinTech Trade Ledger is partnering with small- to medium-sized business (SMB) lender ScotPac to accelerate loan application turnaround times, according to a press release. Get...
Two organizations representing lenders have expressed reservations about a new rule proposed Wednesday (Sept. 1) by the Consumer Financial Protection Bureau (CFPB). The rule, if finalized, would require lenders to disclose...
Small business loan platform Funding Circle announced the debut of its first payments facility, FlexiPay, in a Thursday (Sept. 2) press release. Get the Full...
China’s central bank is planning to provide 300 billion yuan, or $46.4 billion, in low-cost funding to aid banks in providing support for small- and...
Banks sitting on piles of cash are quickly easing lending standards for both consumers and small businesses in the second quarter as competition to extend...
Mastercard FinTech company Finicity on Thursday (Aug. 26) announced an expansion of its one-touch mortgage verification service, which will now be integrated into ICE Mortgage...