Buy now, pay later (BNPL) firm Sunbit has received a $355 million debt warehouse facility. The new financing, announced Monday (Nov. 4), was led by...
MoneyLion’s third-quarter results showed double-digit growth in customers and revenues as individuals gravitated to what the FinTech’s management termed the company’s “digital ecosystem” for personal...
Double commercial property loan defaults are at their highest point in 10 years. And as the Financial Times (FT) reported Thursday (Nov. 7), this situation...
As Donald Trump retakes the reins of power, the uncertainty over who occupies the White House is over. Republicans are retaking the Senate, and the...
The economy is unpredictable, and companies are clamoring for on-demand working capital solutions that can be tailored to their unique needs. Imagine a world where...
Barclays UK has completed its previously announced acquisition of the retail banking business of Tesco Personal Finance (Tesco Bank). Together with the completion of the...
Private-label credit cards, or store cards, make up a small percentage of overall consumer credit. The Federal Reserve estimated earlier this year that “retail credit...
SoFi Technologies’ cross-selling continues, and certain trends seem well in place as the interest rate environment becomes more benign. Members are accessing more products across...
There’s a data gap that exists for small businesses — a lack of information about them that makes banks shy away from extending credit or...