Watch more: Monday Conversation With Method’s Jose Bethancourt A lender underwrites a borrower on the strength of a financial picture that starts aging the moment...
For Chime Financial, direct deposit is proving to be the underwriting and repayment infrastructure for a growing lending business. That connection was clear in second-quarter...
Digital lender Upstart saw loan originations jump 50% as it prepares to launch its bank. The company reported earnings Tuesday (Aug. 5) showing revenues of $365 million, a 42%...
LoanDepot’s recent expansion into home equity lending paid off in the second quarter, driving unit volume growth of 25% and revenue growth of 18% compared...
Small and medium-sized businesses (SMBs) have plenty of uses for credit, but that does not mean they always want to borrow. That distinction is showing...
Oregon is reminding pay later companies they must have state lending licenses before offering their services. The proposed bulletin from the Oregon Department of Consumer and Business Services,...
SoFi wants artificial intelligence to do more than answer a customer’s financial questions. It wants AI to eventually act on them, and in the process...
Online lender Enova International saw improvements in both originations and credit during the second quarter, with consumer spending remaining resilient and small businesses optimism increasing, Enova CEO Steve...