JPMorgan Chase plans to offer financing to clients using spot bitcoin exchange-traded funds (ETFs) such as BlackRock’s iShares Bitcoin Trust (IBIT) as collateral, Bloomberg reported Wednesday...
Despite the clear potential of integrating credit directly into commerce platforms, many lenders appear to be sitting on the sidelines, potentially missing significant growth opportunities...
Apollo Global Management is reportedly working with five banks, including JPMorgan Chase & Co. and Goldman Sachs Group, to trade private credit. The collaboration will...
The FICO score is arguably shorthand for creditworthiness — a triple-digit number that helps determine mortgages and all manner of debt that’s extended to applicants,...
Neobank Starling expanded its customer base last year, even as regulatory issues diminished profits. The U.K.-based company released full-year earnings Wednesday (May 28), showing customer deposits reaching a record...
Nonbanks have risen in stature and as key players in the global financial system, especially in the wake of the Great Recession earlier in the...
Consumer lending platform Pagaya is reportedly pushing into the pay later market. The company is about to issue $300 million in bonds that will be...
Block said Tuesday (May 20) that since the launch of its credit products, it has extended over $100 billion in credit while keeping its loss...