loans

Zopa Hits Lending Milestone And Gives Insight Into Borrowers
Zopa Hits Lending Milestone And Gives Insight Into Borrowers
February 01, 2017  |  Consumer Finance

Zopa, the U.K.’s oldest marketplace lender, announced on Monday (Jan. 30) that it has become the first peer-to-peer lending platform to reach a $2.5 billion origination...

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How Blinker Wants To Disrupt Car Sales
How Blinker Wants To Disrupt Car Sales
December 20, 2016  |  Alternative Finances

The problem, according to Rod Buscher, CEO and founder of Blinker, is that most Americans need a car — meaning they often don’t feel they have...

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PYMNTS Daily Data Dive: Higher Bank Fees For Underserved
PYMNTS Daily Data Dive: Higher Bank Fees For Underserved
November 22, 2016  |  Daily Data Dive

The sixth annual Financially Underserved Market Size report found that 67 million adults in the U.S. who bank are part of the underserved market. They don’t...

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Whatever Happened To…Kabbage
Whatever Happened To…Kabbage
October 13, 2016  |  Whatever Happened To...

Cruciferous vegetables are hearty and packed full of fiber and vitamins. So when your financial tech company shares a similar name with the cabbage variety,...

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CFPB Celebrates Five-Year Anniversary
CFPB Celebrates Five-Year Anniversary
July 15, 2016  |  CFPB

The Consumer Financial Protection Bureau said on Thursday (July 14) that it had marked its fifth anniversary by outlining five ways it has made a difference...

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Synchrony Warning Slumps Credit Card Issuer Stocks
Synchrony Warning Slumps Credit Card Issuer Stocks
June 15, 2016  |  Payment Methods

One default, many defaults, a whole flood of defaults. Synchrony Financial issued a warning about chargeoff rates it sees in its own portfolio, with a...

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Lending Club Holds More Funding Talks
Lending Club Holds More Funding Talks
June 10, 2016  |  Alternative Finances

The movement by Lending Club to obtain financing in order to help shore up capital appears to be gaining traction. As reported by The Wall...

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Prosper Hires Banks To Decide Next Steps
Prosper Hires Banks To Decide Next Steps
May 27, 2016  |  Alternative Finances

Prosper Marketplace is in the midst of exploring strategic options, having hired investment banks JPMorgan and Financial Technology Partners and having disclosed it is considering...

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