Open banking-powered lender Koyo has raised $50m (£36.1m) in a Series A funding round to support its growth plans, Peer2Peer Finance News reported on Thursday...
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...