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

New York Banks Should Get Into Online Lending

New York Banks Should Get Into Online Lending
New York Banks Should Get Into Online Lending
October 20, 2016  |  Banking

Online lending may be dominated by startup companies based outside of New York, but the New York State Department of Financial Services (NYDFS) wants New York...

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Goldman Sachs Rolls Out Marcus, Its Online Personal Loan Platform
Goldman Sachs Rolls Out Marcus, Its Online Personal Loan Platform
October 14, 2016  |  Banking

The Goldman Sachs Group announced on Thursday (Oct. 13) Marcus by Goldman Sachs, an online platform offering unsecured personal loans to consumers. Named after Marcus Goldman,...

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Online Lenders to See More Regulation … And Soon
Online Lenders to See More Regulation … And Soon
September 19, 2016  |  Legal & Regulation

In a move that may add insult to injury, the online lending sector may have to gird for more regulation amid the stings of rather...

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Bizfi Provides $144M In Q2 SMB Lending
Bizfi Provides $144M In Q2 SMB Lending
August 17, 2016  |  Alternative Credit

FinTech firm Bizfi, which offers a platform that serves as a combination of aggregation, funding and a small business marketplace, said that it had seen...

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Sizzle Or Fizzle: Restaurants Rule, FireEye Flounders And Lending Club Is Back On The List
Sizzle Or Fizzle: Restaurants Rule, FireEye Flounders And Lending Club Is Back On The List
August 12, 2016  |  Payments Innovation

The Olympic athletes are undoubtedly the biggest Sizzle of all this week, and Team USA has given new meaning to the word. The focus and...

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OnDeck Loan Originations (And Loan Loss Provisions) Soar
OnDeck Loan Originations (And Loan Loss Provisions) Soar
August 09, 2016  |  Earnings

OnDeck Capital reported second quarter results on Monday (Aug. 8) that fared a bit better than analysts’ expectations, with key tailwinds including stronger originations, with higher...

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BlueVine Names Former Square Executive As Chief Revenue Officer
BlueVine Names Former Square Executive As Chief Revenue Officer
July 20, 2016  |  Alternative Credit

BlueVine, the online provider of financing for small businesses, announced on Tuesday (July 19) that it has appointed Eric Sager, former head of sales at Square,...

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Why SoFi Has Changed Its Tune
Why SoFi Has Changed Its Tune
July 13, 2016  |  Alternative Credit

Will Social Finance shed its upstart ways and become more like a bank? Get the Full Story Complete the form to unlock this article and...

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