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 noted that Lendable doubled profits last year by providing more new personal loans than any other bank in the U.K....
The increases in corporate borrowing reported by U.S. banks last week suggest parts of the economy are remaining resilient amid current pressures, Reuters reported Monday (April 20). The report said the gains came despite inflationary pressures, fears of a slowdown, and uncertainties around policy and...
Stone Ridge Asset Management told clients in one of its funds last week that it would pay investors only 11% of the amount they requested to cash out because recent redemption requests were so high, the Wall Street Journal reported Wednesday (March 18), citing an investor update. The...
Enova International’s third quarter results, released Thursday (Oct. 23) after the market closed, showed that consumers, including subprime consumers, are managing their finances with aplomb, and that loan demand is strong. The company’s presentation materials and management commentary pointed towards strong credit metrics, as well....
September 04, 2025
Expanding access to credit remains one of the biggest challenges in consumer finance. Legacy systems continue to slow approvals, drive up costs, and limit access to capital. Figure Technology Solutions, in its public filing to offer about 26.3 million shares, is positioning itself as a company that can, among other things, modernize the consumer lending […]
March 31, 2025
As this week’s “Pay Later Unpacked” virtual event draws to a close, we’ve heard a lot from the consumer-facing side of the house, as consumers are defining the use cases...
March 20, 2025
U.S. consumers hold a record $1.2 trillion in credit card debt. Right now, households are in a holding pattern, where the growth in card balances has been muted, and a...
January 14, 2025
The appeal of stretching out one’s cash flow — making payments over time rather than all at once, and pressuring bank accounts or boosting interest-bearing debt levels — has long...
July 20, 2026
Walmart-backed OnePay has teamed with fellow FinTech Upgrade to launch a consumer loan program. OnePay’s Personal Loans offering, announced Monday (July 20), is aimed at addressing what the company describes as rising consumer demand for credit amid increasing costs and a stricter lending environment. “Getting access to credit in America today is harder than it […]
May 10, 2026
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 noted that Lendable doubled profits...
April 20, 2026
The increases in corporate borrowing reported by U.S. banks last week suggest parts of the economy are remaining resilient amid current pressures, Reuters reported Monday (April 20). The report said...
March 18, 2026
Stone Ridge Asset Management told clients in one of its funds last week that it would pay investors only 11% of the amount they requested to cash out because recent redemption...
