Twelve years ago, LendingClub Founder Renaud Laplanche built a business to help consumers manage the $800 million in outstanding credit card debt. That product was...
Thailand’s Kasikornbank (KBank) will provide loans of up to 600,000 baht ($19,570) to eCommerce merchants selling on the Shopee platform, Reuters reported on Wednesday (Oct....
Consumer bank Marcus, launched by Goldman Sachs in 2016, has lost $1.3 billion despite buying startups and building call centers in Utah and Texas, The...
Carvana, the company that lets consumers browse and purchase vehicles online, has added a new virtual financing option, according to reports. Get the Full Story...
Kreditech, an AI-based loan startup that targets emerging markets, has raised $22 million in its latest funding round, according to a report. Get the Full...
Small business lending platform Kabbage has announced the acquisition of data analytics platform Radius Intelligence. Get the Full Story Complete the form to unlock this...
While financial technology continues to grow more sophisticated, many of these innovations are used solely by the large banks and FIs that can afford it....
With an ambitious play into a booming financial services space that presents challenges that include fierce competition, China’s Xiaomi is reportedly gearing up to roll...
The European Central Bank (ECB) is granting eurozone financial institutions additional time to cover unpaid loans after being pressured by Brussels, Reuters reported on Thursday...