loans

Affirm Launches New Features To Help Consumers Spend Responsibly

Affirm Launches New Features To Help Consumers Spend Responsibly
Affirm Launches New Features To Help Consumers Spend Responsibly
November 13, 2018  |  Alternative Credit

“The more I looked at retailer-sponsored finance, the more I realized people routinely end up paying atrociously more than they bargained for … This is...

READ MORE >
Spain’s BBVA, Partners Complete First Blockchain Syndicated Loan
Spain’s BBVA, Partners Complete First Blockchain Syndicated Loan
November 12, 2018  |  B2B Payments

Spain’s BBVA — along with partner banks MUFG of Japan and BNP Paribas of France — completed the first syndicated loan on the blockchain. Get the...

READ MORE >
Online Lender SoFi Sees $12M Loss In Q3
Online Lender SoFi Sees $12M Loss In Q3
November 12, 2018  |  Earnings

Online lender Social Finance (SoFi) continues to struggle, recording an adjusted loss of around $12 million during the third quarter before interest, taxes, depreciation and amortization. The...

READ MORE >
Facebook’s Sizzly, Fizzly Week
Facebook’s Sizzly, Fizzly Week
November 09, 2018  |  Exclusive Series

Facebook has been a firm with its share of troubles lately. Earnings weren’t quite what investors were looking for, its usership base in the U.S. and...

READ MORE >
LendingClub: Loan Applications Grow Double Digits Amid Rising Rates  
LendingClub: Loan Applications Grow Double Digits Amid Rising Rates  
November 07, 2018  |  Earnings

Class action settlements are in the rearview mirror, and September quarter results topped the Street.  LendingClub pointed to double digit loan originations and margin expansion...

READ MORE >
OnDeck Loan Originations Surge
OnDeck Loan Originations Surge
November 06, 2018  |  Earnings

OnDeck Capital said in its third-quarter results that loan origination volume jumped double digits year over year and sequentially, where the volume of $648 million...

READ MORE >
OakNorth: How AI Can Fuel Banks’ Return To SMB Lending
OakNorth: How AI Can Fuel Banks’ Return To SMB Lending
October 31, 2018  |  B2B Payments

Small businesses (SMBs) left behind by their banks, thanks to tightening risk and capital requirements post-financial crisis, certainly left a gap in the SMB lending...

READ MORE >
State Regulators Sue To Block FinTech Charters
State Regulators Sue To Block FinTech Charters
October 30, 2018  |  Bank Regulation

In the latest salvo over awarding national bank charters to FinTechs spanning tech upstarts across online lending and various payments functions, the Conference of State...

READ MORE >