PayPal said it is ready to venture deeper into small business lending. The company applied to the Utah Department of Financial Institutions and the Federal...
Vehicle-focused lending platform Octane has raised $100 million in equity capital. The Series F funding round allows Octane to accelerate its market penetration and deepen...
The rise of so-called “alternative consumer lending” has made loans tougher to track. As The Wall Street Journal (WSJ) reported Tuesday (Dec. 9), private credit has exploded...
Mastercard unveiled Mastercard Credit Intelligence, a new suite of solutions that uses network signals and permissioned data to help lenders make faster credit decisions, according...
The Consumer Financial Protection Bureau’s Nov. 13 proposal to revise small business lending requirements under ECOA and Regulation B marks a significant turning point for...
Buy now, pay later (BNPL)’s rapid expansion across retail, travel, healthcare and even everyday essentials has made it one of the fastest-growing credit products in...
Santander’s exposure to companies owned by First Brands Group founder Patrick James has reportedly grown to $300 million. The increase was caused by James defaulting...
PayPal Holdings and global investment firm KKR renewed their agreement in which KKR’s credit funds and accounts purchase PayPal’s European buy now, pay later (BNPL)...