personal loans

FinTech Firms Now 38 Pct Of Personal Loan Market
FinTech Firms Now 38 Pct Of Personal Loan Market
February 21, 2019  |  Loans

FinTechs, not traditional banks, appear to be preferred method of taking out unsecured personal loans in the U.S., with the market hitting an all-time high...

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LendingClub Loan Applications Surge 18 Pct Despite Earnings Miss
LendingClub Loan Applications Surge 18 Pct Despite Earnings Miss
February 20, 2019  |  Earnings

LendingClub shares sank on guidance that missed the Street, but management said fourth quarter lending activity was strong across personal and auto loans, even as...

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Singapore’s Credit Culture Snags $29 Million In Funding
Singapore’s Credit Culture Snags $29 Million In Funding
January 24, 2019  |  Startups

Singapore-based FinTech startup Credit Culture has secured $29.4 million in funding from RCE Capital Berhad, a Malaysian investment holding company, according to reports. In a...

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Sub-Prime Lending’s Late-Year Bounce
Sub-Prime Lending’s Late-Year Bounce
November 20, 2018  |  Alternative Finances

According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In the year...

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HSBC, Avant Team On Personal Loans
HSBC, Avant Team On Personal Loans
October 24, 2018  |  Loans

HSBC Holdings announced that it is teaming up with online lender Avant to offer unsecured loans to consumers. In the first half of 2019, HSBC’s...

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Today In Data: The Three R’s of Payments – Risks, Rewards And Real Time
Today In Data: The Three R’s of Payments – Risks, Rewards And Real Time
October 10, 2018  |  Today In Data

While children are sitting in schools studying the “real” three Rs (reading, writing and arithmetic), payments peeps will be looking at the local version: risk,...

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Scratch Mobile App Makes Paying Off Loans Easy
Scratch Mobile App Makes Paying Off Loans Easy
September 18, 2018  |  Mobile Applications

Startup Scratch is working to make paying off student and personal loans simpler for borrowers through an easy-to-use mobile app. Earlier this year, it was...

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Upgrade Is Upgrading The FinTech Lending Experience
Upgrade Is Upgrading The FinTech Lending Experience
August 23, 2018  |  Loans

When Renaud Laplanche launched hist latest lending start up, Upgrade, the venture was both quite similar to and yet quite different from his previous endeavor,...

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Discover Sets Pullback in Personal Loans, Touts Strong Q2 Results
Discover Sets Pullback in Personal Loans, Touts Strong Q2 Results
July 27, 2018  |  Earnings

Discover Financial Services Inc. reported an increase in second quarter earnings as the credit card issuer had strong loan and revenue growth — and also...

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