British FinTech Lendable is planning a U.S. expansion amid surging revenues. That’s according to a report Sunday (May 10) from the Financial Times (FT), which...
Digital lender Upstart has become the latest U.S. FinTech seeking a banking charter. The company announced Tuesday (March 10) that it had applied to federal...
Chime has launched a product called Instant Loans that enables preapproved Chime members who receive direct deposits to their Chime Checking Account to access three-month installment...
SoFi has finalized an agreement with Blue Owl Capital worth at least $5 billion. The deal with the asset manager, announced Thursday (March 13), will...
There have been pockets of momentum to curb interest rates charged for balances credit cards and for loans extended by FinTechs. But the impact may...
SoFi says it has closed a $697.6 million secularization of loan platform business volume. This transaction, the company announced Monday (March 3), was a “co-contributor...
Credit products are changing, with personal loans, embedded finance, and buy now, pay later (BNPL) gaining traction. According to a PYMNTS Intelligence report, “BNPL and...
The Consumer Financial Protection Bureau (CFPB) said there is a need for more research into buy now, pay later (BNPL) after finding that BNPL borrowers held...