Sections
online lending
Simply put, an online loan is money that's borrowed from a lender who operates online. While the specific process for an online loan can vary from lender to lender, there are many ways in which it's the same across the board.
(source: opploans.com)
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LoansOnline Loans Confound Experts With Lower-Than-Expected Impairments
Personal, unsecured loans issued through online lenders like Best Egg, LendingClub and Upstart have...
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Partnerships / AcquisitionsEnova To Buy OnDeck In $90M Stock And Cash Deal
Enova International plans to acquire online small-business lender OnDeck for some $90 million in cash and stock....
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B2B PaymentsWidening Borrower Protection’s Scope To SMBs
Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with...
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AuthenticationInside Affirm’s ID Verification And Fraud Prevention Techniques
Stringent ID verification is crucial for online lenders to prevent fraudsters from using stolen...
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LoansBBVA, Prosper Partner To Offer Easier Home Equity Loans
Online lending marketplace Prosper has teamed up with BBVA USA to offer a new...
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InvestmentsCredible Labs Valued At $397M In Deal With Murdoch’s Fox
Rupert Murdoch-controlled Fox Corp is buying personal finance broker Credible Labs in a deal...
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LoansChase Terminates OnDeck SMB Loan Collaboration
Following its disclosure that JPMorgan Chase would no longer originate new small business loans...
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PersonnelSoFi Loses Three Top Execs
Social Finance, the online lender that goes by SoFi, was dealt another blow after...
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B2B PaymentsBBB Sounds Alarm On Online Small Business Lending
The Better Business Bureau (BBB) is issuing a warning to small businesses (SMBs) about...
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LegalFTC Fines Avant $3.85M For Customer Deception
The Federal Trade Commission announced on Monday (April 15) a $3.85 million settlement with online...
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B2B PaymentsOnline Lending Site Launched By PM Now Biggest In India
An online loan site, launched in November by Prime Minister of India Narendra Modi,...
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LoansOnline Lender SoFi Debuts Two Free ETFs
Online lender Social Finance (SoFi) is launching two free exchange-traded funds (ETFs). Citing regulatory...
